Xeneta logo
Founded 2012

Xeneta

2019 Revenue

$5.0M

YOY

Funding

$57.1M

How Xeneta hit $5.0M in Revenue with 200 Customers in 2019.

About Xeneta

Ocean/air freight rate benchmarking platform

Monthly Revenue

$416.7K

Total Expenses

$816.7K

=
Net Income

-$400.0K

Ebidta Margin

-96.00%

+
YOY Growth

=
Rule of 40

-96


How did Latka collect this data?

Podcast Youtube video

Latka collected this data by interviewing Xeneta CEO Patrik Berglund on 06/17/2021

Watch the podcast


Headquarters

8 Torggata OsloNorway
$Funding$Revenue

Xeneta Revenue

In 2019, Xeneta revenue run rate hit $5.0M in revenue.

$5.0M

Xeneta Valuation and Funding History

Xeneta has raised a total of $57.1M.

Why are so many SaaS founders taking money from Founderpath.com instead of VC's?
Funding DateRoundAmountTotalValuation
06/17/2021$28.5M$130.0M
03/13/2019Venture Round$8.2M
02/09/2017Series B$12.0M
02/05/2015Series A$5.3M
03/02/2014Seed Round$1.6M
04/11/2013Seed Round$1.4M

Customers

Xeneta has 200 customers.

Lifetime Months

80

×
Monthly ARPU

$2.1K

=
Lifetime Dollars

$166.7K


Acquisition Cost

$30.0K

Average Annual Price

$25.0K

$0$25.0K14 month payback period02468101214

Churn

Xeneta has an annual churn rate of 15.00%

Churn vs Expansion

-100-500%50100
Gross Annual Dollar Churn

-15.00%

Annual Dollar Expansion

10.00%

Net Revenue Retention

95.00%

Team

Employees

Xeneta has 88 employees. They have 16 sales reps that carry a quota, an engineering team of 13 and a marketing team of 4.

201820192020202115.00%▲4.00%▲-5.00%▼
DistributionQty

Total Team Size

88

Engineers

13 (15%)

Sales

16 (18%)

Marketing

4 (5%)

CEO/Founder

Patrik Berglund

Patrik Berglund is the CEO and Co-Founder of Oslo-based Xeneta, the leading price comparison platform for containerized freight transforming the shipping and logistics industry with data analytics. Berglund, a logistics and tech-enthusiast, possesses a true passion for modernizing business processes related to logistics procurement and the supply chain. He has in-depth logistics and transportation experience from several years at Kuehne + Nagel in various roles and also as Co-Founder of Nordilog, a logistics consultancy firm. Founded in 2012, Berglund has grown Xeneta to be the top worldwide source comparing shipping rates against the market average, market highs and lows, ultimately transforming companies’ logistics procurement with actionable data intelligence. Berglund was the 2016 recipient of the prestigious Lloyd's List Next Generation in Shipping award.


CEO Q&A

What's your age?

37

Favorite online tool?

Insight Squared

Favorite book?

Hard thing about hard things

Favorite CEO?

Global head of airfreight airenago

Advice for 20 year old self

Patient with people


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Frequently Asked Questions about Xeneta

When was Xeneta founded?

Xeneta was founded in 2012.


Who is the CEO of Xeneta?

The CEO of Xeneta is Patrik Berglund


How many employees does Xeneta have?

Xeneta has 88 employees.

How much revenue does Xeneta generate?

Xeneta generates $5.0M in revenue.


How much funding does Xeneta have?

Xeneta has raised $57.1M.


Where is Xeneta headquarters?

Xeneta is headquartered at 8 Torggata OsloNorway

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