xbAV AGrevenue & funding
Benefits Administration SoftwareMunich, GermanyFounded 2007CEO Martin Bockelmann
xbAV AG is a Benefits Administration Software company based in Munich, founded in 2007.
xbAV AG revenue
xbAV AG has not published its revenue. GetLatka estimates it at about $27.8M a year (October 2024).
All 3 revenue readings, with sources
| As of | Revenue | Source |
|---|---|---|
| Aug 2020 | $6.3M | – |
| Dec 2023 | $17.9MEST. | GetLatka estimate |
| Oct 2024 | $27.8MEST. | GetLatka estimate |
– source not recorded
xbAV AG funding rounds & investors
xbAV AG has raised $58.6M across three rounds since 2015. The latest was a $30M Series C in April 2020.
| Date | Round | Raised |
|---|---|---|
| Apr 2020 | Series C | $30M |
| Oct 2018 | Series B | $25.2M |
| Feb 2015 | Series A | $3.5M |
| Total raised | $58.6M |
xbAV AG CEO, founders & employees
Martin Bockelmann founded xbAV AG in 2007 and runs it as CEO. xbAV AG had 172 employees (December 2024, LinkedIn), up from 153 a year earlier.
- Martin BockelmannFounder & CEO
All 10 headcount readings, with sources
| As of | Employees | Source |
|---|---|---|
| Dec 2024 | 172 | |
| Oct 2024 | 156 | |
| Dec 2023 | 153 | |
| Dec 2022 | 184 | |
| Dec 2021 | 131 | |
| Dec 2020 | 70 | – |
| Aug 2020 | 70 | – |
| Jun 2020 | 66 | – |
| Dec 2019 | 63 | – |
| Dec 2018 | 64 | – |
xbAV AG FAQ
What is xbAV AG's revenue?
GetLatka estimates xbAV AG's revenue at about $27.8M a year (October 2024). The company hasn't published its own figure.
How much funding has xbAV AG raised?
xbAV AG has raised $58.6M across three funding rounds. The latest was a $30M Series C in April 2020.
How many employees does xbAV AG have?
xbAV AG had 172 employees in December 2024, according to LinkedIn.
Who is the CEO of xbAV AG?
Martin Bockelmann is the CEO of xbAV AG and founded the company in 2007.
Who founded xbAV AG?
Martin Bockelmann founded xbAV AG in 2007.
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How this page is sourced
5 from public sources · 2 estimates. Founder figures link to the second they were said; public figures name their source; estimates are marked EST. and say whose they are. Not financial advice.
Updated Dec 19, 2024Data disclaimerReport a correctionClaim this profileRun xbAV AG? Join the podcast