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Xenetarevenue, valuation & funding

Logistics Intelligence Software8 Torggata, Oslo, NorwayFounded 2012CEO Patrik Berglund

Xeneta is an Oslo-based ocean and air freight rate benchmarking and market intelligence platform: shippers and freight forwarders contribute their contracted rates anonymously and benchmark what they pay against the market on each route.

xeneta.comLinkedInUpdated Oct 29, 2026
Annual revenue
$32M
Dec 2025 · Company Website
Latka List
#197
of 1,356 interviewed companies
Valuation
$265M
Sep 2022
Total raised
$137.2M
7 rounds
Employees
241
Oct 2024

Xeneta revenue

Xeneta's annual revenue was $32M in December 2025 (Company Website). Xeneta is #197 on the Latka List. The list ranks the 1,356 companies Nathan Latka has interviewed by revenue.

$0
$10M
$20M
$30M
$0
–
$19.4M
–
$32M
20122013–22202320242025
ReportedEstimateFounded 2012 at $0; every reading has its own bar
All 2 revenue readings, with sources
As ofRevenueSource
Dec 2023$19.4MESTGetLatka estimate
Dec 2025$32MCompany Website

Xeneta valuation

Xeneta is privately held, so there is no Xeneta stock to buy. Investors valued it at $265M in its September 2022 Series D, led by funds advised by Apax Digital.

Valuation history$265M Series D 2022$130M Series C 2021

Xeneta funding rounds & investors

Xeneta has raised $137.2M across seven rounds since 2013. The latest was a $80M Series D in September 2022, led by funds advised by Apax Digital.

DateRoundRaisedValuationLed bySource
Sep 2022Series D$80M$265Mfunds advised by Apax DigitalCompany Website
Jun 2021Series C$28.5M$130MNew York-based Lugard Road CapitalCompany Website
Mar 2019Venture$8.2M––
Feb 2017Series B$12M––
Feb 2015Series A$5.3M––
Mar 2014Seed$1.6M––
Apr 2013Seed$1.6M–the Stockholm VC CreandumTechCrunch
Total raised$137.2M

Interviews with Patrik Berglund

Nathan Latka has interviewed Xeneta once, speaking with Patrik Berglund. Each figure links to the second it was said.

Growth tactics they described: Cold OutreachWatch at 15:29

Xeneta competitors

Xeneta competes most directly with project44, FreightWaves, Freightos and cargo.one.

CompanyRevenueFundingEmployeesCustomersFounded
project44$134M$717.5M7905502014
FreightWaves$53.9M$91.4M2157002016
Xeneta$32M$137.2M2412002012
Freightos$29.5M$91M1822K2012
cargo.one$8.4M$63.8M1361.1M2017

#50 of 563 Logistics Intelligence Software companies by revenue · category median $2.6M · See the ranking

Xeneta CEO, founders & employees

Patrik Berglund founded Xeneta in 2012 with Patrik Olstad Berglund and runs it as CEO. Xeneta had 241 employees (October 2024, LinkedIn).

BoardFredrik Cassel, Bridget Shea

InvestorsRyan Phelan

Also at XenetaMehak Jilani, Nithin George, Varun Kumar, Vignesh Jeyaraman, Arda Baysallar, Marius Johansen, Violeta Dimitrova, Julia Goertz, Madusanka N.K., Abhirag Nagpure, Rajesh Kumar Bhol, Rupali Chowdhary, Robert Mark Graham, Martynas Vaitekūnas, Nuwanthika Mullegama, Seth DeVary, Bella Howell, Hoa Nguyen, Maike Kleiber, Ilko Masaldzhiyski, Anastasia Echimova, Erica Costa, Kushan Akushla, Stanislav Mikriukov, Katoo Roekens, Vitaly Budakov, Eunice Medina, Wenwen Zhang, Nicolai Stoltenberg Bjaanæs, Sara P., Jacob Emre Hjorth Simonsen, Klejdi Jatagani, Sam Broadhurst, Alexander Artamonov, Ruslana Zlobina, Emil Jarowit Korzeń, Michael Fritz, Mukesh Madesia, Denys Obertinski, Phakarat Muangkaew, Peter Sand, Dale Boahene, Marcin Lisiak, Erik Devetak, Mar C., Kristina Chery, Max Stewart, Erin Hagen, Marilyn Herbillon, Samira Reinhold, Bo Østerud, Tamara Stamenković, Charlie O'Connor, Patrick Kane, Abhishek Chittur, Arsen Mkhitaryan, Nimesh Karunathilaka, Shubham Bhattacharya, Dan Manojlović, Djordje Spasic, Timur Savin, Jess Diaz, Miguel Enrique Játiva Jiménez, Marina Selivanova, Ria Lapiz, Aleksandar Zivic, Tony Perez, Tatsiana Makhlayeva, Dan Hines, Gerard Smith, Fernando Pazmino, Deborah Ong, James Peel, Emily Stausbøl, Federico Romano, Olimpia Rivera, Peter Reilly Yurkovsky, Courtney Zaffino, Viviane Santiago Gomes, Manuel Becerra, Susana Expósito, Matthew Hernandez, Abbie Bergesen, Zakhar Shapurau, Molly Van Deursen, Midori Eeg-Henriksen, Courtney Sherwin, Philip Hennessey, Avina Kaur Narang, Dored Almaaz, Mylène Thisse

0
100
200
74
85
83
131
229
241
241
2018201920202021202220232024
ReportedOne figure per year; a reported figure wins over an estimate
All 13 headcount readings, with sources
As ofEmployeesSource
Oct 2024241LinkedIn
Dec 2023241LinkedIn
Sep 2023241–
2023239–
Dec 2022229LinkedIn
2022196–
Dec 2021131LinkedIn
Aug 202196–
Jun 202184–
Dec 202083–
Jun 202088–
Mar 201985Patrik Berglund on cameraWatch at 10:46
Dec 201874–

Xeneta FAQ

What is Xeneta's revenue?

Xeneta's annual revenue was $32M in December 2025, according to the company's website.

What is Xeneta's valuation?

Investors valued Xeneta at $265M in its September 2022 Series D, led by funds advised by Apax Digital, according to the company's website.

How much funding has Xeneta raised?

Xeneta has raised $137.2M across seven funding rounds. The latest was a $80M Series D in September 2022, led by funds advised by Apax Digital.

Who owns Xeneta?

Xeneta is privately held. Its lead investors include the Stockholm VC Creandum, New York-based Lugard Road Capital and funds advised by Apax Digital.

How many employees does Xeneta have?

Xeneta had 241 employees in October 2024, according to LinkedIn.

Who is the CEO of Xeneta?

Patrik Berglund is the CEO of Xeneta and co-founded the company in 2012. Nathan Latka interviewed Patrik Berglund in March 2019.

Who founded Xeneta?

Patrik Berglund and Patrik Olstad Berglund founded Xeneta in 2012.

How this page is sourced

6 said on camera · 8 from public sources · 1 estimate. 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. The Latka List ranks the private, operating companies Nathan Latka has interviewed by the latest revenue figure on each profile, reported or estimated; equal figures share a rank.

Updated Oct 29, 2026Data disclaimerReport a correctionClaim this profile