How Much Did xiQ Raise?
Funding & Key Investors

xiQ has solidified its position within the competitive landscape of custom software and IT services, securing a cumulative capital infusion of $1.1M. This trajectory of financial backing, punctuated by a recent strategic investment of $350K, underscores the firm's capacity to scale its enterprise-grade solutions. By leveraging these resources, the company continues to refine its market presence, transitioning from foundational development to a more robust, enterprise-level operational model.

What is xiQ?

xiQ
Business ServicesSoftware Testing

Operating at the intersection of custom software development and specialized IT services, xiQ provides critical infrastructure for businesses navigating complex digital environments. With a workforce ranging between 100 and 249 employees and annual revenue figures estimated between 5M and 10M, the firm occupies a vital niche in the B2B technology sector. Its core competency lies in delivering bespoke software architectures that drive efficiency and digital transformation for its client base, positioning it as a reliable partner for organizations seeking to modernize their legacy systems through agile, scalable technology frameworks.

How much funding has xiQ raised?

xiQ has raised a total of $1.1M across 2 funding rounds:

2014

Other Financing Round

$725K

2020

Debt

$350K

Other Financing Round (2014): $725K with participation from Noesis and Rockpoint Capital

Debt (2020): $350K led by PPP

Key Investors in xiQ

Noesis

A venture capital firm focused on supporting early-stage technology companies with high growth potential in the software sector.

Rockpoint Capital

An investment group specializing in providing strategic growth capital to firms within the IT services and enterprise software industries.

PPP

Public-Private Partnership

What's next for xiQ?

With the recent infusion of capital, xiQ is well-positioned to accelerate its product roadmap and expand its footprint in the enterprise software market. The strategic allocation of these funds will likely focus on enhancing the company's proprietary software capabilities and deepening its penetration into high-growth industry verticals. As the firm moves into its next phase of maturity, the focus will shift toward optimizing operational efficiencies and scaling its sales intelligence infrastructure to meet the increasing demand for sophisticated, data-driven IT solutions. This strategic pivot is expected to bolster the company's competitive advantage, ensuring long-term sustainability and market relevance in an increasingly digitized global economy.

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Frequently Asked Questions Regarding xiQ Financial Insights

What are the most recent funding rounds that xiQ has completed, and what were the funding rounds?
xiQ has recently completed 2 funding rounds: Debt on Apr 15, 2020, Other Financing Round on Nov 24, 2014.
What is the total amount of funding xiQ has raised to date?
xiQ has raised a total of $1.1M in funding to date.
How many funding rounds has xiQ completed?
xiQ has completed 2 funding rounds.
How much funding did xiQ raise in its most recent funding round?
xiQ raised $350K in its most recent funding round.
Who are the lead investors in xiQ's latest funding round?
The lead investor in xiQ's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in xiQ's history?
The largest funding round in xiQ's history was $725K.
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