# XConnect Global Networks

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/xconnect-global-networks

- Industry: Telecoms
- Headquarters: London, UK
- Website: www.xconnect.net
- Total disclosed funding: $31M
- Latest round: Series C (Jun 26, 2013)
- Investors on record: 6

## About

XConnect Global Networks Limited provides advanced phone number data solutions designed to improve communication effectiveness for businesses and telecom providers.Founded in 2005 and headquartered in London, UK, XConnect specializes in advanced telecommunications solutions. The founder, Cedric Bratt, has a history of involvement in telecommunications companies. The company has engaged in 5 deals, with the most recent funding round occurring on June 26, 2013, during which it raised USD 10.00 mn in a Series C round from investors Crescent Point and Young Associates, totaling USD 10.00 mn raised.XConnect specializes in providing advanced phone number data solutions aimed at enhancing communication effectiveness for businesses and telecom providers. The company’s core offerings include Global Number Range (GNR) data, Home Location Register (HLR) lookup services, and Mobile Number Portability (MNP) solutions. These services empower clients to verify the validity and current assignment of phone numbers, essential for efficient voice and messaging routing, fraud prevention, and performance insights. Notably, over 100 countries have implemented Mobile Number Portability, emphasizing the necessity of XConnect’s services for accurate traffic routing in voice calling, SMS, and Application-to-Person messaging. Their clientele encompasses a broad range of telecommunications companies and messaging service providers operating internationally, particularly in North America, Europe, and Asia.XConnect generates revenue through a structured service model that caters primarily to B2B clients, including telecommunications operators and messaging service providers. The company typically engages clients through subscription-based agreements for access to its data services, such as GNR and HLR lookup, which are integral for validating communication traffic. Transactions are often structured around tiered pricing plans, allowing clients to select service levels that best suit their operational needs, supporting varying scales of data usage. XConnect's flagship offerings, particularly the MNP and HLR services, are integral to their revenue stream, as they provide essential verification tools that mitigate risks associated with incorrect traffic routing. The company’s ability to deliver high-quality data solutions at competitive prices has fostered long-term partnerships and customer loyalty, contributing to a stable revenue base.In June 2013, XConnect Global Networks Ltd. raised USD 10.00 mn, which will be utilized to enhance its product offerings and expand into new markets. The company is designing new data solutions aimed at addressing emerging communication needs across different sectors. Specific plans include entering markets in Asia and expanding services in Europe by 2024. The funding will support the development of these upcoming products and facilitate geographic expansion efforts.

## Funding rounds

- Series C, Jun 26, 2013, $10M — Crescent Point, Young Associates
- Series B, Sep 2, 2009, $9.3M — Accel, Venrock, Grazia Equity, Crescent Point
- Series A, Apr 20, 2007, $11M — Accel, Venrock, Ant Capital Partners, Grazia Equity

## Investors

- Accel (https://capitalatlas.ai/funds/accel) — Series A, Series B
- Venrock (https://capitalatlas.ai/funds/venrock) — Series A, Series B
- Ant Capital Partners (https://capitalatlas.ai/funds/ant-capital-partners) — Series A
- Grazia Equity (https://capitalatlas.ai/funds/grazia-equity) — Series A, Series B
- Crescent Point (https://capitalatlas.ai/funds/crescent-point) — Series B, Series C
- Young Associates (https://capitalatlas.ai/funds/young-associates) — Series C