What is XOi?
Headquartered in Nashville, Tennessee, XOi provides a sophisticated cloud-based mobile application designed to modernize field service management. By offering a centralized repository for technical manuals, interactive diagrams, and comprehensive training content, the platform empowers technicians to perform at higher levels of efficiency. Furthermore, XOi facilitates real-time remote video support, bridging the gap between field personnel and subject matter experts. This digital transformation tool is essential for companies seeking to optimize data capture, improve stakeholder communication, and elevate the overall customer service experience in highly technical industries.
How much funding has XOi raised?
XOi has raised a total of $17M across 3 funding rounds:
Series A
$1.5M
Series B
$4.5M
Series C
$11M
Series A (2014): $1.5M with participation from Nashville Capital Network and Vocap Investment Partners
Series B (2017): $4.5M led by Vocap Partners
Series C (2019): $11M supported by Grotech Ventures, Nashville Capital Network, Vocap Investment Partners, and PeakSpan Capital
Key Investors in XOi
Grotech Ventures
Grotech Ventures is an investment firm focused on partnering with innovative entrepreneurial talent in high potential technology companies outside of Silicon Valley.
Nashville Capital Network
Nashville Capital Network is an investment firm focused on providing acceleration capital for early growth companies, particularly in the healthcare and technology sectors.
Vocap Investment Partners
Vocap Partners provides capital, connections, and operational expertise to emerging B2B software and healthcare IT companies with disruptive potential.
What's next for XOi?
With the recent influx of capital, XOi is well-positioned to accelerate its market penetration and enhance its product suite. The company's focus will likely shift toward expanding its footprint in the mechanical, electrical, and plumbing sectors while refining its remote support capabilities. By leveraging the strategic guidance of its growth-oriented backers, XOi aims to solidify its status as a critical infrastructure partner for field service organizations. Future growth will likely center on scaling its SaaS delivery model and integrating advanced data analytics to provide deeper insights into field performance and operational efficiency.
See full XOi company page
