What is Xcess?
Xcess Limited, headquartered in Wooster, Ohio, is a seasoned player in liquidation and asset recovery, serving retailers, manufacturers, lenders, and creditors for over two decades. The company leverages a sophisticated multi-channel sales approach, integrating retail outlets, a broad resale network, e-commerce platforms, and auction houses to optimize value recovery from diverse inventory streams. Operating with over 1 million square feet of warehousing and its own dedicated trucking fleet, Xcess provides end-to-end solutions, from initial asset pickup to final disposition. Their expertise spans managing customer returns, overstocks, distressed merchandise, and bulk liquidations, offering bespoke strategies to meet varied client requirements.
How much funding has Xcess raised?
Xcess has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
What's next for Xcess?
The substantial backing indicated by the total funding context suggests Xcess is in a mature phase of its growth, likely focused on scaling operations and expanding its market reach. This large-scale, late-stage funding is expected to fuel further enhancements in logistics, technology infrastructure, and potentially new market entries, solidifying its competitive advantage in the asset recovery industry.
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