# Xmachina-AI

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

- Industry: Financial Services
- Headquarters: Montreal, Canada
- Website: www.machina-ai.com
- Total disclosed funding: $2.5M
- Latest round: Seed (Dec 13, 2021)
- Investors on record: 2

## About

Xmachina-AI, Inc. focuses on developing artificial intelligence solutions that utilize advanced data analytics to solve business challenges, enhancing operational efficiency across various industries.Xmachina-AI, Inc. specializes in acquiring and developing AI companies. Founded by Claude Théoret, Daniel Drouet, Patrick Brown, and Vaughn DiMarco, the company is headquartered in Montreal, Canada. It has successfully secured USD 2.46 mn in Seed funding on December 13, 2021, from investors Hampton Capital and Echelon Wealth Partners Inc., which will support its initiatives. Claude Théoret serves as the CEO.XMachina AI Group Inc. specializes in the acquisition and development of artificial intelligence (AI) companies that utilize advanced data analytics to address real-world business challenges. The company’s core offerings revolve around enhancing the operational capabilities of its subsidiaries through financial investment, the provision of top-tier talent, and the streamlining of corporate processes. By focusing on sectors such as supply chain logistics, manufacturing, construction, and real estate management, XMachina allows its portfolio companies to deliver tailored AI solutions that improve productivity and efficiency. Their clients range from small and medium-sized enterprises to larger corporations seeking to integrate AI into their operations, with a specific emphasis on the North American market, particularly Canada and the United States.XMachina AI Group Inc. generates revenue primarily through strategic partnerships and acquisitions of AI companies that demonstrate potential for profitable growth. The company's structure allows it to capitalize on these acquisitions by injecting necessary capital and expertise, thereby increasing the value of its portfolio. Revenue transactions typically occur through business-to-business (B2B) engagements, where the subsidiary companies provide AI-driven solutions to their clients. Pricing structures may vary based on the specific services offered, including subscription models for ongoing consulting services or project-based fees for tailored implementations. The flagship products within XMachina’s portfolio leverage proprietary methodologies to enhance product planning and execution, thereby optimizing clients' business intelligence and operational efficiencies.With the funding raised in December 2021, Xmachina-AI, Inc. plans to complete its listing process on the Canadian Securities Exchange (the "CSE"), close acquisition targets, and address general working capital requirements. The company aims to expand its footprint within the North American market by targeting additional sectors for AI integration.

## Funding rounds

- Seed, Dec 13, 2021, $2.5M — Hampton Capital, Echelon Wealth Partners Inc

## Investors

- Hampton Capital (https://capitalatlas.ai/funds/hampton-capital) — Seed
- Echelon Wealth Partners Inc — Seed