xbAV AG
Munich, Germany
How xbAV AG hit $17.9M revenue with a 153 person team in 2023.
Xpension is a trademark of xbAV AG, the German market leader in the digitalization of corporate pension & life insurance. Its software-as-a-service solutions allow life insurers, insurance agents, corporates and consumers to buy and manage pension & life insurance online. They benefit from user-friendly information and customer journeys, transparent and efficient processes, and a single platform to connect all stakeholders. Offices are located in Munich (headquarters), Berlin und Saarbruecken. For more information, please visit: www.xbav.de.
2007
Founded
$17.9M
2023 Revenue
61.38%
YOY
$58.6M
Funding
xbAV AG Revenue
In 2023, xbAV AG revenue run rate hit $17.9M in revenue.
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2023
xbAV AG hit $17.9M in revenue in 2023
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2020
xbAV AG hit $6.3M in revenue in 2020
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2007
xbAV AG launched in 2007 with $0 revenue
xbAV AG Funding History
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2020 Series C
xbAV AG raised a Series C of in April, 2020
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2018 Series B
xbAV AG raised a Series B of in October, 2018
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2015 Series A
xbAV AG raised a Series A of in February, 2015
| FUNDING DATE | ROUND | AMOUNT | VALUATION |
|---|---|---|---|
| April, 06 2020 | Series C | ||
| October, 22 2018 | Series B | ||
| February, 01 2015 | Series A |
Team
xbAV AG has 153 total employees and 2 sales reps that carry a quota. an engineering team of 21 and a marketing team of 4.
| DISTRIBUTION | QTY |
|---|---|
| Total team size | 153 |
| Engineer | 21 (14%) |
| Sales | 2 (1%) |
| Marketing | 4 (3%) |
Founder / CEO
Martin Bockelmann
In 1996 I started my own business as an insurance broker. At that time, I was already specializing in company pension schemes. In 2007, XEMPUS was founded, at that time still as xbAV. Today we are working in Munich, Berlin and Saarbrücken on the independent platform that makes provision easy for everyone. We are involved in the clubs: BiPRO, Bitkom and aba, the working group for company pension schemes.
Q&A
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Customers
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xbAV AG Executives
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Martin Bockelmann | CEO | [email protected] | - |
xbAV AG Employees
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Martin Bockelmann | CEO | [email protected] | - |
Frequently Asked Questions about xbAV AG
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When was xbAV AG founded?
xbAV AG was founded in 2007.
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How much revenue does xbAV AG generate?
xbAV AG generates $17.9M in revenue.
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Who is the CEO of xbAV AG
The CEO of xbAV AG is Martin Bockelmann.
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How much funding does xbAV AG have?
xbAV AG raised $58.6M.
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How many employees does xbAV AG have?
xbAV AG has 153 employees.
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Where is xbAV AG headquarters?
xbAV AG is headquartered at Munich, Germany
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