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Xelix secures $160 million Series B funding round led by Insight Partners to enhance AI innovation in Accounts Payable.

PRIVATEJul 21, 2025

Amount Raised

$160 Million

Round Type

Series B

LondonSoftwareArtificial Intelligence

Investors

LocalglobePassion CapitalInsight Partners

Description

Xelix, a leading agentic AI software company, has raised $160 million in Series B funding to accelerate development and support organizations in adopting AI for finance operations. The round was led by Insight Partners, with participation from Passion Capital and LocalGlobe. This investment follows a period of significant growth for Xelix, driven by its innovative product and strong customer ROI. CEO Paul Roiter highlighted the funding as a major milestone for the company's mission to revolutionize Accounts Payable.

Quick answer

Xelix raised $160 Million in a Series B round, dated July 21, 2025. Investors: Localglobe, Passion Capital and Insight Partners. Xelix is based in London, England, United Kingdom.

How much did Xelix raise?
Xelix raised $160 Million in a Series B round on July 21, 2025.
Who invested in Xelix?
Localglobe, Passion Capital and Insight Partners are named as investors in this round.
What does Xelix do?
Xelix is a leading agentic AI software company specializing in Accounts Payable (AP).
Where is Xelix based and how big is it?
Xelix is based in London, England, United Kingdom. Fundz records about 123 employees.
Who are the decision-makers at Xelix?
Fundz holds 2 contacts at Xelix. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Software and Artificial Intelligence around the same time

Companies in the same sectors as Xelix that raised within 45 days of this round, from Fundz verified event records.

  • Alpic raised $6M (Pre-Seed) on September 4, 2025.
  • Recall.ai raised $38M (Series B) on September 4, 2025.
  • Human Behavior raised $5M (Funding Round) on September 4, 2025.
  • TrustNXT raised $1.9M (Pre-Seed) on September 4, 2025.
  • Vouched raised $17M (Series A) on September 4, 2025.
  • Supersonik raised $5M (Seed) on September 4, 2025.

Who to call at Xelix, and when

A new round usually means Xelix is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

Xelix

Location

London, England, United Kingdom

About

Xelix is a leading agentic AI software company specializing in Accounts Payable (AP). Since 2018, it has pioneered solutions that integrate seamlessly with existing ERP and finance systems to detect payment errors, automate reconciliations, and streamline operations. Trusted by major enterprises, Xelix enables finance teams to reduce risks and drive efficiencies. The platform processes over 115 million invoices annually and audits more than $750 billion in spend.

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Xelix raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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