# XOi Technologies

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

- Industry: Software
- Headquarters: Nashville, US
- Website: www.xoi.io
- Total disclosed funding: $14M
- Latest round: Series C (Aug 7, 2019)
- Investors on record: 7

## About

XOi Technologies, based in the US, specializes in innovative technology solutions for the field service ecosystem, enabling improved data collection and communication between technicians and back-office teams through its advanced platform.XOi Technologies was founded in 2013 in Nashville, US, focusing on developing technology solutions for the field service sector. The company has successfully completed 5 deals and raised a total of USD 230.00 mn. C Salow serves as both the CEO and founder of the company. Recently, XOi Technologies secured USD 230.00 mn in venture funding from KKR on February 5, 2025, marking a significant funding milestone.XOi specializes in providing innovative technology solutions tailored for the field service ecosystem. Their core offering, the XOi platform, empowers technicians to collect critical job site data, connect seamlessly with knowledge resources, and enhance communication between field teams and back-office operations. The platform leverages AI-driven workflows to streamline processes, improve asset management, and yield immediate insights into revenue-generating opportunities. XOi's flagship features include robust asset performance tracking, diagnostics, and a comprehensive knowledge base designed to enable technicians to resolve issues effectively. Serving a diverse clientele across various industries, including HVAC, plumbing, electrical, construction, and commercial kitchen sectors, XOi's products are utilized by field service providers, technicians, and equipment manufacturers primarily in North America, with plans for expansion into other geographical markets.XOi's revenue model is structured around subscription-based services designed for businesses operating in the field service industry. Clients typically engage with XOi through annual or multi-year contracts that grant access to the platform and its features, ensuring operational efficiency and enhanced productivity. The company offers tiered subscription plans that accommodate varying business sizes and needs, facilitating scalable solutions for both small enterprises and large organizations. Transactions are predominantly B2B, with clients utilizing the platform to streamline workflows and enhance customer service by reducing callbacks and improving equipment uptime. Additionally, partnerships with other service providers and technology integrators help expand XOi's market reach and enhance the value proposition of its offerings.XOi Technologies plans to utilize the recent funding of USD 230.00 mn to expand its data gathering and enrichment solutions and support its acquisition of Specifx. The company is also designing new products to enhance its platform capabilities, with potential launches aimed at improving service delivery and operational efficiency. Targeted geographic expansion into new markets is underway, with specific plans to broaden its footprint beyond North America by mid-2025.

## Funding rounds

- Series C, Aug 7, 2019, $11M — Grotech Ventures, Nashville Capital Network, PeakSpan Capital, Vocap Investment Partners
- Series A, Apr 29, 2015, $1.9M — Crestlight, IncWell, Selous Venture Society
- Series A, Dec 8, 2014, $1.5M — Crestlight

## Investors

- Crestlight (https://capitalatlas.ai/funds/crestlight) — Series A
- IncWell (https://capitalatlas.ai/funds/incwell) — Series A
- Selous Venture Society — Series A
- Grotech Ventures (https://capitalatlas.ai/funds/grotech-ventures) — Series C
- Nashville Capital Network (https://capitalatlas.ai/funds/nashville-capital-network) — Series C
- PeakSpan Capital (https://capitalatlas.ai/funds/peakspan-capital) — Series C
- Vocap Investment Partners (https://capitalatlas.ai/funds/vocap-investment-partners) — Series C