2020 Revenue

$6.8M

YOY

126.00%

Funding

$40.0M

Overview

About x.ai

We schedule meetings using AI

Monthly Revenue

$565.0K

+ $315.0K (126.00%)
Total Expenses

$565.0K

=
Net Income

-$1.0

Ebidta Margin

0.00%

+
YOY Growth

126.00%

=
Rule of 40

126


How did Latka collect this data?

Podcast Youtube video

Latka collected this data by interviewing x.ai CEO Dennis Mortensen on 06/01/2020

Watch the podcast


Headquarters

old New YorkNew YorkUnited States
Website

x.ai

x.ai Revenue vs Funding

$Funding$Revenue

Revenue

In 2020, x.ai revenue run rate hit $6.8M in revenue.

126.00%▲$3.0M$6.8M

Funding History

x.ai has raised a total of $40.0M.

Why are so many SaaS founders taking money from Founderpath.com instead of VC's?
Funding DateRoundTotalValuation
08/04/2017$6.2M
04/06/2016$22.4M
12/18/2014$9.1M
05/19/2014$2.1M

Customers

x.ai has 25K customers.

Lifetime Months

50

×
Monthly ARPU

$10.0

=
Lifetime Dollars

$500.0


Acquisition Cost

$120.0

Average Annual Price

$120.0

$0$120.012 month payback period024681012

Churn

x.ai has an annual churn rate of 24.00%

Churn vs Expansion

-100-500%50100
Gross Annual Dollar Churn

-24.00%

Annual Dollar Expansion

24.00%

Net Revenue Retention

100.00%

Team

Employees

x.ai has 100 employees. They have an engineering team of 18. and a marketing team of 4.

2018201961.00%▲
DistributionQty

Total Team Size

100

Engineers

18 (18%)

Sales

0

Marketing

4 (4%)

CEO/Founder

Dennis Mortensen

Dennis Mortensen is the CEO and co-founder of x.ai. Dennis is an expert in leveraging data to solve enterprise use cases and a serial entrepreneur who’s successfully exited several companies on that theme. His long-term vision of killing the inbox led to the formation of x.ai and the creation of Amy + Andrew, artificially intelligent assistants who schedule meetings. He speaks frequently to anyone who’ll listen, from the crowds of Web Summit to his building’s doorman, about an optimistic future for AI, productivity, and the future of work. Dennis was also an accredited Associate Analytics Instructor at the University of British Columbia and the author of Data Driven Insights, on collecting and analyzing digital data. Originally from Denmark (and keeping his accent), Dennis is now a New Yorker for life.


CEO Q&A

What's your age?

46

Favorite online tool?

Gmail

Favorite book?

Narrow Road

Favorite CEO?

Steve Balmer

Advice for 20 year old self

Entrepreneurship is viable!


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Frequently Asked Questions about x.ai

When was x.ai founded?

x.ai was founded in 2014.


Who is the CEO of x.ai?

The CEO of x.ai is Dennis Mortensen


How many employees does x.ai have?

x.ai has 100 employees.

How much revenue does x.ai generate?

x.ai generates $6.8M in revenue.


How much funding does x.ai have?

x.ai has raised $40.0M.


Where is x.ai headquarters?

x.ai is headquartered at old New YorkNew YorkUnited States

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