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How Xiq CEO Usman Sheikh grew Xiq 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 by year$0$200K$400K$600K$800K$1M2016$840KSource: GetLatka.com
YearMilestone
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% Sold
2017Series A$1.6M--
2017Seed Round$900K--

Xiq Employees & Team Size

Xiq employs approximately 15 people as of 2026.

Xiq has 15 total employees in different roles and functions. They have 10 customers that rely on the company's solutions.

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

Founder / CEO

Usman Sheikh

Usman Sheikh is listed as Founder / CEO at Xiq.

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Customers

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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.

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Compare Xiq to the industry

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

Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .

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