2024 Revenue
$27.8M(Est.)
Funding
$58.6M
Team
172
Founded
2007
xbAV AG Revenue & Funding (2024)
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.
Last updated
xbAV AG Revenue
In 2024, xbAV AG's revenue reached $27.8M. The company previously reported $17.9M in 2023. Since its launch in 2007, xbAV AG has shown consistent revenue growth.
| Year | Milestone | Source |
|---|---|---|
| 2024 | xbAV AG Hit $27.8m revenue in October 2024 | Estimated |
| 2023 | xbAV AG Hit $17.9m revenue in December 2023 | Estimated |
| 2020 | xbAV AG Hit $6.3m revenue in August 2020 | |
| 2007 | Launched with $0 revenue |
xbAV AG Valuation, Funding Rounds
xbAV AG has not publicly disclosed its valuation. The company has raised $58.6M in total funding to date.
xbAV AG has raised $58.6M in total funding across 3 rounds, most recently a $30M Series C round in 2020.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2020 | Series C | $30M | - | - | |
| 2018 | Series B | $25.2M | - | - | |
| 2015 | Series A | $3.5M | - | - |
Founder / CEO
Martin Bockelmann
CEO
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
We do not have customer count information for xbAV AG yet.
xbAV AG Employees & Team Size
xbAV AG employs approximately 172 people as of 2026, up from 153 in 2023, including 2 sales reps that carry a quota.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 172 employees (December 2024) | |
| 2024 | Reached 156 employees (October 2024) | |
| 2023 | Reached 153 employees (December 2023) | |
| 2022 | Reached 184 employees (December 2022) | |
| 2021 | Reached 131 employees (December 2021) | |
| 2020 | Reached 70 employees (December 2020) | |
| 2020 | Reached 70 employees (August 2020) | |
| 2020 | Reached 66 employees (June 2020) | |
| 2019 | Reached 63 employees (December 2019) | |
| 2018 | Reached 64 employees (December 2018) |
Frequently Asked Questions about xbAV AG
What is xbAV AG's revenue?
xbAV AG generates an estimated $27.8M in annual revenue.
Who founded xbAV AG?
xbAV AG was founded by Martin Bockelmann.
Who is the CEO of xbAV AG?
The CEO of xbAV AG is Martin Bockelmann.
How much funding does xbAV AG have?
xbAV AG raised $58.6M across 3 rounds.
How many employees does xbAV AG have?
xbAV AG has 172 employees.
Where is xbAV AG headquarters?
xbAV AG is headquartered in Munich, Germany.
Compare xbAV AG to the industry
xbAV AG operates across multiple industries. Browse revenue, funding, and growth data for xbAV AG 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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