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Valuation

$2.5M

2016 Revenue

$840K

Customers

10

Funding

$2.5M

Avg ACV

$84K

Team

15

Founded

2016

How Xiq CEO Usman Sheikh grew to $840K revenue and 10 customers in 2016.

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Xiq Revenue

In 2016, Xiq's revenue reached $840K. Since its launch in 2016, Xiq has shown consistent revenue growth.

Xiq Revenue GrowthReported revenue / ARR over time$0$200K$400K$600K$800K$1M2016$840KSource: GetLatka.com
YearMilestoneQuote
2016Xiq Hit $840k revenue in November 2016
2016Launched with $0 revenue

Xiq Valuation, Funding Rounds

Xiq's most recent disclosed valuation is $2.5M.

Xiq has raised $2.5M in total funding across 2 rounds, most recently a $1.6M Series A round in 2017.

Xiq Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$600K$1M$2M$2M$3M201620172016 cumulative: $0 • 2016 Founded: $02017 cumulative: $900K • 2016 Founded: $0 • 2017 Seed Round: $900K2017 cumulative: $3M • 2016 Founded: $0 • 2017 Seed Round: $900K • 2017 Series A: $2M$3M2016 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% SoldQuote
2017Series A$1.6M--
2017Seed Round$900K--

Founder / CEO

Usman Sheikh

Usman Sheikh is listed as Founder / CEO at Xiq.

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Customers

Xiq serves 10 customers.

Xiq Employees & Team Size

Xiq employs approximately 15 people as of 2026. It serves 10 customers that rely on its solutions.

Xiq Team GrowthReported headcount over time048121620161515Source: GetLatka.com
YearMilestone
2016Reached 15 employees (November 2016)

Frequently Asked Questions about Xiq

What is Xiq's revenue?

Xiq generates $840K in revenue.

Who founded Xiq?

Xiq was founded by Usman Sheikh.

Who is the CEO of Xiq?

The CEO of Xiq is Usman Sheikh.

How much funding does Xiq have?

Xiq raised $2.5M.

How many employees does Xiq have?

Xiq has 15 employees.

Where is Xiq headquarters?

Xiq is headquartered in Saratoga, California, United States.

Compare Xiq to the industry

Xiq operates across multiple industries. Browse revenue, funding, and growth data for Xiq in each sector below.

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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Xiq Revenue 2016: $840K ARR, $2.5M Valuation