Fundz

Xfactor.io raised $16M in a Series A funding led by Accel and CEO Mike Carpenter to enhance its AI capabilities for revenue optimization.

PRIVATEApr 19, 2024

Amount Raised

$16 Million

Round Type

Series A

Bay AreaSoftwareArtificial IntelligenceSaaS

Investors

LightspeedMike CarpenterAccel

Description

Xfactor.io, a San Francisco, CA-based provider of a comprehensive AI-powered revenue platform, raised $16M in Series A funding led by Accel and Xfactor.io CEO and Founder Mike Carpenter, with participation from Lightspeed and others. The company intends to use the funds to further enhance its product and prioritize the enhancement of its AI capabilities to empower revenue leaders in optimizing the planning and performance across their entire go-to-market team.

Quick answer

XFactor.io raised $16 Million in a Series A round, dated April 19, 2024. Investors: Lightspeed, Mike Carpenter and Accel. XFactor.io is based in Bay Area, California, United States.

How much did XFactor.io raise?
XFactor.io raised $16 Million in a Series A round on April 19, 2024.
Who invested in XFactor.io?
Lightspeed, Mike Carpenter and Accel are named as investors in this round.
What does XFactor.io do?
Automate Go-to-Market strategies with Xfactor.io, streamlining the unification of sales, marketing, and ops teams.
Where is XFactor.io based and how big is it?
XFactor.io is based in Bay Area, California, United States.
Who are the decision-makers at XFactor.io?
Fundz holds 1 contact at XFactor.io. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in SaaS and Software around the same time

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

  • Maxa raised $21M (Series A) on May 30, 2024.
  • Enverus raised $5.7M on May 24, 2024.
  • Velotix raised an undisclosed amount (Funding Round) on May 22, 2024.
  • KonProz raised $700K (Seed) on May 21, 2024.
  • Gong i.o Ltd. raised $250M (Series E) on May 18, 2024.
  • Ashby raised $30M on May 17, 2024.

Who to call at XFactor.io, and when

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

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Company Information

Company

XFactor.io

Location

Bay Area, California, United States

About

Automate Go-to-Market strategies with Xfactor.io, streamlining the unification of sales, marketing, and ops teams. One platform, dedicated to fostering informed decision-making, empowering teams to plan with precision, execute with value, and make real-time, intelligent choices to accelerate pipeline, increase average deal size & win more deals.

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment XFactor.io raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

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

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.