xbAV AG ("Xpension") revenue is $6.3 million
xbAV AG ("Xpension") team size is 70 employees
xbAV AG ("Xpension")
- Munich, Bayern, Germany
How xbAV AG ("Xpension") hit $6.3M Revenue
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
$6.3M
2022 Revenue
YOY
$58.6M
Funding
xbAV AG ("Xpension") Revenue
In 2022, xbAV AG ("Xpension") revenue run rate hit $6.3M in revenue.
2020
xbAV AG ("Xpension") hit $6.3M in revenue in 2020
2007
xbAV AG ("Xpension") launched in 2007 with $0 revenue
xbAV AG ("Xpension") Funding History
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2020 Series C
xbAV AG ("Xpension") raised a Series C of $30M
2018 Series B
xbAV AG ("Xpension") raised a Series B of $25.2M
2015 Series A
xbAV AG ("Xpension") raised a Series A of $3.5M
| FUNDING DATE | ROUND | AMOUNT | VALUATION |
|---|---|---|---|
| 04/06/2020 | Series C | $30M | |
| 10/22/2018 | Series B | $25.2M | |
| 02/01/2015 | Series A | $3.5M |
Team
xbAV AG ("Xpension") has 70 total employees and 2 sales reps that carry a quota.
| DISTRIBUTION | QTY |
|---|---|
| Total team size | 70 |
| Engineer | 21(30%) |
| Sales | 2(3%) |
| Marketing | 4(6%) |
CEO/Founder
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
xbAV AG ("Xpension") has 0 customers.
Lifetime Months
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x
Monthly ARPU
-
=
Lifetime Dollar
-
Acquisition Cost
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Average Annual Price
-
Churn
xbAV AG ("Xpension") has an annual churn rate of 0.00%.
Gross Annual Dollar Churn
-0.00%
Annual Dollar Expansion
0.00%
Net Revenue Retention
0.00%
About xbAV AG ("Xpension")
Monthly Revenue
$525K
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Total Expenses
$0.0
=
Net Income
$0.0
EBIDTA Margin
0.0%
+
YOY Growth
0.0%
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Rule of 40
0
xbAV AG ("Xpension") Board of Directors
| Name | Position |
|---|
xbAV AG ("Xpension") Executives
| Name | Position |
|---|---|
| Martin Bockelmann | CEO |
xbAV AG ("Xpension") Employees
| Name | Position |
|---|---|
| Martin Bockelmann | CEO |
Frequently Asked Questions about xbAV AG ("Xpension")
When was xbAV AG ("Xpension") founded?
xbAV AG ("Xpension") was founded in 2007.
How much revenue does xbAV AG ("Xpension") generate?
xbAV AG ("Xpension") generates $6.3M in revenue.
Who is the CEO of xbAV AG ("Xpension")?
The CEO of xbAV AG ("Xpension") is Martin Bockelmann.
How much funding does xbAV AG ("Xpension") have?
xbAV AG ("Xpension") was raised $58.6M.
How many employees does xbAV AG ("Xpension") have?
xbAV AG ("Xpension") has raised 70 employees.
Where is xbAV AG ("Xpension") headquarters?
xbAV AG ("Xpension") headquater is at Germany