How Much Did Xendee Raise?
Funding & Key Investors

Xendee, a prominent developer of microgrid decision support software, has successfully secured a major strategic investment, bringing its total capital raised to $12.2M. This latest infusion of $12M underscores the company's pivotal role in the evolving energy landscape, where the demand for resilient, decentralized power solutions is reaching an inflection point. By providing sophisticated analytical tools for project design and financial optimization, Xendee has positioned itself as a critical partner for stakeholders navigating the complexities of renewable energy integration and grid reliability.

What is Xendee?

Xendee
SoftwareEngineering Software

Xendee operates at the intersection of advanced software engineering and energy infrastructure. The company provides a comprehensive microgrid platform that empowers designers, investors, and scientists to model, optimize, and certify the financial and operational performance of energy projects. Its core value proposition lies in its ability to simulate Fight-Through resilience, ensuring that critical infrastructure remains operational during grid instability. By bridging the gap between technical feasibility and economic viability, Xendee facilitates the deployment of sustainable energy systems, catering to a diverse clientele ranging from commercial enterprises to large-scale utility operators. The platform serves as a foundational technology for those seeking to mitigate risk while maximizing the return on investment for distributed energy resources.

How much funding has Xendee raised?

Xendee has raised a total of $12.2M across 2 funding rounds:

2020

Debt

$150K

2022

Series A

$12M

Debt (2020): $150K with participation from PPP

Series A (2022): $12M led by Surlamer, Anzu Partners, Travelcenters Of America, and Evergy Ventures

Key Investors in Xendee

Anzu Partners

Anzu Partners is an investment firm focused on breakthrough technologies in clean tech, industrial, and life sciences sectors, managing $1 billion in assets.

Evergy Ventures

Evergy Ventures provides investment capital and strategic support to innovative companies focused on creating cleaner, safer, and more reliable energy solutions.

Surlamer

Surlamer Investments is a private wealth management firm that focuses on investing in private companies, real estate, and publicly traded securities.

What's next for Xendee?

With this major enterprise-level funding, Xendee is well-positioned to accelerate its market expansion and enhance its software capabilities. The strategic backing from industry-focused investors suggests a clear trajectory toward scaling its platform to meet the growing global demand for energy independence and decarbonization. Future growth will likely center on deepening the platform's predictive modeling features and expanding its footprint within the industrial and utility sectors. As the energy transition continues to prioritize decentralized generation, Xendee's ability to provide data-backed confidence to project developers will remain a key competitive advantage in the clean technology ecosystem.

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Frequently Asked Questions Regarding Xendee Financial Insights

What are the most recent funding rounds that Xendee has completed, and what were the funding rounds?
Xendee has recently completed 2 funding rounds: Series A on Jun 15, 2022, Debt on Apr 30, 2020.
What is the total amount of funding Xendee has raised to date?
Xendee has raised a total of $12.2M in funding to date.
How many funding rounds has Xendee completed?
Xendee has completed 2 funding rounds.
How much funding did Xendee raise in its most recent funding round?
Xendee raised $12M in its most recent funding round.
Who are the lead investors in Xendee's latest funding round?
The lead investor in Xendee's latest funding round was Surlamer. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Xendee's history?
The largest funding round in Xendee's history was $12M.
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