How Xolo hit $5.6M Revenue with 6K customers in 2022.
Developer of enterprise management platforms designed to simplify the process of managing a company. The company's platforms provide optimal business structure, company registration online, remote administration, convenient account setup, access to global payments, secure online banking, currency risk management, and fair and simple taxes, enabling entrepreneurs to launch and manage their enterprise in a smart, fast and hassle-free way..Leading global SaaS for freelancers
In 2022, Xolo revenue run rate hit $5.6M in revenue.
Xolo hit $5.6M in revenue in 2021
Xolo hit $2.8M in revenue in 2020
Xolo launched in 2015 with $0 revenue
Xolo Funding History
Why are so many SaaS founders taking money from Founderpath.com instead of VC`s?
2021 Raising Now
Xolo raised a Raising Now of $20M
2020 Series A
Xolo raised a Series A of $9M at a $50M valuation in June 2020
2017 Seed Round
Xolo raised a Seed Round of $2M
Xolo has 90 total employees and 1 sales reps that carry a quota. They have 6000 customers an engineering team of 35 and a marketing team of 2
Total team size
Allan has been behind many successful tech and media companies, including Baltic news agency BNS, online media company Delfi, IT holding MicroLink, and the region’s pioneering venture capital company MTVP, to name a few. His previous position before joining LeapIN was as COO of Starship Technologies, the company developing revolutionary self-driving delivery robots. He has been living and building businesses in Estonia, across the Baltic states, US, UK, Germany, Ukraine, and Russia.A CEO of Xolo since 2018 with the mission to build it into the largest SaaS platform for running a freelance business.
A serial entrepreneur, investor, and executive. In the past, served as the COO of Starship Technologies, the leader in self-driving robotics; was the founder of MTVP, the first VC firm in the Baltic states; the CEO of MicroLink, the largest Baltic IT services, and online media company; the founder and CEO of Baltic News Service, the region's leading news agency.