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2023 Revenue

$1M

Funding

$0

Team

21

Founded

2016

How X-Bit CEO John Simard grew to $1M revenue with a 21 person team in 2023.

Developer of a chatbot created to coordinate shifts for part-time workers. The company's bit makes it easy for shop owners to gather availabilities from employees and then the service automatically creates shift schedules.

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X-Bit Revenue

In 2023, X-Bit's revenue reached $1M. The company previously reported $133.9K in 2021. Since its launch in 2016, X-Bit has shown consistent revenue growth.

X-Bit Revenue GrowthReported revenue / ARR over time$0$250K$500K$750K$1M$1.3M20162017201820192020202120222023$0$133.9K$1MSource: GetLatka.com
YearMilestoneQuote
2023X-Bit Hit $1m revenue in December 2023
2021X-Bit Hit $133.9k revenue in April 2021
2016Launched with $0 revenue

X-Bit Valuation, Funding Rounds

X-Bit is a bootstrapped Chatbots Software startup. Founded in 2016, X-Bit has grown to $1M in revenue without raising any venture capital or outside funding.

As a self-funded Chatbots Software SaaS company, X-Bit has built its business with no outside investment.

X-Bit Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$0.2$0.4$0.4$0.6$0.6$0.8$0.8$1$12016Source: GetLatka.com
YearRoundAmountValuation% SoldQuote

Founder / CEO

John Simard

CEO

John Simard is listed as CEO at X-Bit.

Q&A

QuestionAnswer
What's your age?-
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Customers

We do not have customer count information for X-Bit yet.

X-Bit Employees & Team Size

X-Bit employs approximately 21 people as of 2026, up from 12 in 2022.

X-Bit Team GrowthReported headcount over time051015202520162017201820192020202120222023002121Source: GetLatka.com
YearMilestone
2023Reached 21 employees (December 2023)
2022Reached 12 employees (December 2022)
2021Reached 10 employees (December 2021)
2021Reached 5 employees (April 2021)

Frequently Asked Questions about X-Bit

What is X-Bit's revenue?

X-Bit generates an estimated $1M in annual revenue.

Who founded X-Bit?

X-Bit was founded by John Simard.

Who is the CEO of X-Bit?

The CEO of X-Bit is John Simard.

How much funding does X-Bit have?

X-Bit is bootstrapped and has not raised outside funding.

How many employees does X-Bit have?

X-Bit has 21 employees.

Where is X-Bit headquarters?

X-Bit is headquartered in Tokyo, Japan.

Compare X-Bit to the industry

X-Bit operates across multiple industries. Browse revenue, funding, and growth data for X-Bit in each sector below.

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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