# Xeol

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/xeol

- Industry: IT Security/Cybersecurity
- Headquarters: New York, US
- Website: www.xeol.io
- Total disclosed funding: $3.1M
- Latest round: Seed (Nov 21, 2023)
- Investors on record: 3

## About

Founded in 2023 by ShiHan Wan (CEO) and Benji Visser (CTO), and based in New York, US, Xeol, Inc. operates as an information technology company that offers cybersecurity services to protect software and other digital assets throughout their lifecycle. In December 2023, Xeol, Inc. raised USD 3.15 million in seed funding led by investor Shield Capital, with participation from investors Y Combinator and 468 Capital.

The firm offers a software-as-a-service (SaaS) solution focused on managing end-of-life (EOL) software by identifying and addressing vulnerabilities in software components whose publishers no longer provide security patches. The platform generates Software Bill of Materials (SBOMs), scans for EOL and outdated software, and ensures compliance with standards like PCI DSS 4.0, FedRAMP, and HIPAA. Xeol integrates with CI/CD systems, provides centralized data for security posture, and emphasizes proactive security and compliance.

The company intends to use the December 2023 funding to advance its expansion and research and development programs.

## Funding rounds

- Seed, Nov 21, 2023, $3.1M — Y Combinator, 468 Capital, Shield Capital

## Investors

- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed
- 468 Capital (https://capitalatlas.ai/funds/468-capital) — Seed
- Shield Capital (https://capitalatlas.ai/funds/shield-capital) — Seed