Amount Raised
$40 Million
Round Type
Funding Round
Investors
Description
Xensam, a Swedish software asset management platform, announced the onboarding of its first-ever external capital in a $40 million growth funding round. The company aims to use the capital to invest in AI product development and expand operations in the US and Europe.
Quick answer
Xensam raised $40 Million in a Funding Round round, dated February 9, 2024. Investors: Expedition Growth Capital. Xensam is based in Solna, Stockholm County, Sweden.
- How much did Xensam raise?
- Xensam raised $40 Million in a Funding Round round on February 9, 2024.
- Who invested in Xensam?
- Expedition Growth Capital is named as investors in this round.
- What does Xensam do?
- Xensam is the leading technology provider of AI-powered, cloud-delivered Software Asset Management software.
- Where is Xensam based and how big is it?
- Xensam is based in Solna, Stockholm County, Sweden.
- Who are the decision-makers at Xensam?
- Fundz holds 1 contact at Xensam. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in IT Management and Software Development around the same time
Companies in the same sectors as Xensam that raised within 45 days of this round, from Fundz verified event records.
- Synadia Communications raised $25M (Series B) on February 28, 2024.
- Synadia Communications raised $25M (Series B) on February 22, 2024.
- Haomo.Ai raised $14M (Series B) on February 22, 2024.
- Crisp raised $50M (Series B) on February 22, 2024.
- ARMILLA AI raised $4.5M (Seed) on February 15, 2024.
- Stori raised $500K (Seed) on February 6, 2024.
Who to call at Xensam, and when
A new round usually means Xensam is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Xensam raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Xensam, from your own LinkedIn network
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Related People
Xensam 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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