Xignite

Financial ServicesSeries CSan Mateo, USxignite.com

Latest round

Series C

Last raised

Feb 2016

Total raised

$36M

Investors

4

About Xignite

Xignite, Inc.Founded in 2006, Xignite, Inc. operates from its headquarters in San Mateo, California, US. The company focuses on delivering financial data solutions and has undergone developments in its business strategy, including a recent acquisition by Quodd in February 2023. The acquisition aims to enhance Quodd’s platform and strengthen its presence in the financial services ecosystem.Xignite, Inc. specializes in delivering market data solutions tailored to the needs of financial institutions. Its core product is the QX Digital Platform, a cloud-based service providing real-time and end-of-day securities pricing across all asset classes, reference data, and comprehensive financial metrics.Xignite generates revenue through a flexible pricing model, which includes subscription-based access to its data services. Clients subscribe to various data streams tailored to their operational requirements. The pricing structure accommodates diverse business models, including B2B partnerships and direct subscriptions from fintech startups, ensuring transparency in billing practices., intending to develop its platform further and support its next phase of growth. The acquisition aligns with Quodd’s strategy to strengthen its position in the financial services ecosystem market. Future growth initiatives include the design and launch of new products and expansion into additional geographic regions, although specific dates for these launches have not been disclosed.

Who invested in Xignite

4 investors across 5 rounds

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Funding rounds

  1. Series C

    Feb 2, 2016

    Amount

    $21M

    Investors

    Locked

  2. Series B

    May 25, 2011

    Amount

    $10M

    Investors

    Locked

  3. Series A

    Nov 11, 2009

    Amount

    $2.5M

    Investors

    Locked

  4. Series A

    Feb 26, 2009

    Amount

    $1M

    Investors

    Locked

  5. Series A

    Apr 26, 2006

    Amount

    $2.2M

    Investors

    Locked

Questions about Xignite

Who invested in Xignite?

Xignite has 4 investors on record across 5 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Xignite raised?

Xignite has raised 5 venture rounds. Sign up free to see how much each round raised and the total.

When did Xignite last raise money?

Xignite's most recent round on record is a Series C, in Feb 2016.

What does Xignite do?

Xignite is a financial services company.

Where is Xignite headquartered?

Xignite is headquartered in San Mateo, US.

Which VCs invest in companies like Xignite?

Among active investors with capital left to deploy, Radical Ventures, Ribbit Capital, TrueBridge Capital Partners and Tribe Capital back financial services companies at Xignite's stage. Their profiles are linked below.

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