Xeneta revenue is $5 million
Xeneta is worth $101.5 million valuation
Xeneta team size is 84 employees
How did Latka collect this data?
Latka collected this data by interviewing Xeneta CEO Patrik Berglund on 04/11/2013
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Xeneta
8-Torggata
How Xeneta hit $5M Revenue with 200 customers in 2022.
Ocean/air freight rate benchmarking platform
2012
Founded
$5M
2022 Revenue
YOY
$57.1M
Funding
Xeneta Revenue
In 2022, Xeneta revenue run rate hit $5M in revenue.
2019
Xeneta hit $5M in revenue in 2019
2012
Xeneta launched in 2012 with $0 revenue
Xeneta Funding History
Why are so many SaaS founders taking money from Founderpath.com instead of VC`s?
2021 Series C
Xeneta raised a Series C of $28.5M at a $101.5M valuation in June 2021
2019 Venture Round
Xeneta raised a Venture Round of $8.2M
2017 Series B
Xeneta raised a Series B of $12M
2015 Series A
Xeneta raised a Series A of $5.3M
2014 Seed Round
Xeneta raised a Seed Round of $1.6M
2013 Seed Round
Xeneta raised a Seed Round of $1.4M
| FUNDING DATE | ROUND | AMOUNT | VALUATION |
|---|---|---|---|
| 06/17/2021 | Series C | $28.5M | $101.5M |
| 03/13/2019 | Venture Round | $8.2M | |
| 02/09/2017 | Series B | $12M | |
| 02/05/2015 | Series A | $5.3M | |
| 03/02/2014 | Seed Round | $1.6M | |
| 04/11/2013 | Seed Round | $1.4M |
Team
Xeneta has 84 total employees and 16 sales reps that carry a quota. They have 200 customers an engineering team of 13 and a marketing team of 4
| DISTRIBUTION | QTY |
|---|---|
| Total team size | 84 |
| Engineer | 13(15%) |
| Sales | 16(19%) |
| 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.
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
Customers
Xeneta has 200 customers.
Lifetime Months
80
x
Monthly ARPU
$2.1K
=
Lifetime Dollar
$166.7K
Acquisition Cost
$30K
Average Annual Price
$25K
Churn
Xeneta has an annual churn rate of 15.00%.
Gross Annual Dollar Churn
-15.00%
Annual Dollar Expansion
10.00%
Net Revenue Retention
95.00%
About Xeneta
Monthly Revenue
$416.7K
-
Total Expenses
$0.0
=
Net Income
$0.0
EBIDTA Margin
0.0%
+
YOY Growth
0.0%
=
Rule of 40
0
Xeneta Board of Directors
| Name | Position |
|---|
Xeneta Executives
| Name | Position |
|---|---|
| Patrik Berglund | CEO |
Xeneta Employees
| Name | Position |
|---|---|
| Patrik Berglund | CEO |
Frequently Asked Questions about Xeneta
When was Xeneta founded?
Xeneta was founded in 2012.
How much revenue does Xeneta generate?
Xeneta generates $5M in revenue.
Who is the CEO of Xeneta?
The CEO of Xeneta is Patrik Berglund.
How much funding does Xeneta have?
Xeneta was raised $57.1M.
How many employees does Xeneta have?
Xeneta has raised 84 employees.
Where is Xeneta headquarters?
Xeneta headquater is at Norway