Xolo

Xolo

Financials

Estimates*

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Revenues, earnings & profits over time
EUR2017201820192020202120222023
Revenues<1m1.2m1.9m2.5m2.8m4.2m4.8m
% growth428 %166 %63 %34 %8 %51 %16 %
EBITDA--(2.2m)(1.7m)---
% EBITDA margin--(116 %)(65 %)---
Profit(<1m)(1.4m)(2.6m)(2.2m)---
% profit margin(115 %)(121 %)(135 %)(85 %)---

Source: Dealroom estimates

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DateInvestorsAmountRound
-

N/A

-

N/A

Angel
N/A

€610k

Seed
*

€1.3m

Seed
*

€6.0m

Series A

€3.2m

Valuation: €30.0m

11.8x EV/LTM Revenues

-18.1x EV/LTM EBITDA

Series A
*

€2.6m

Early VC
*

€150k

Valuation: €30.0m

Early VC
Total Funding€13.9m

Recent News about Xolo

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More about Xoloinfo icon
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Xolo is a pioneering company that provides comprehensive business management solutions tailored for freelancers and digital nomads. Operating in the rapidly growing gig economy, Xolo offers a suite of services including invoicing, company setup, and e-residency solutions, enabling solo entrepreneurs to minimize administrative tasks and focus on their core activities. The company primarily serves independent professionals who seek flexibility and efficiency in managing their business operations. Xolo's business model revolves around subscription-based services and transaction fees, ensuring a steady revenue stream while delivering value to its clients. By leveraging technology, Xolo simplifies complex processes, making it easier for freelancers to operate globally without the usual bureaucratic hurdles.

Keywords: freelancers, digital nomads, business management, e-residency, invoicing, company setup, gig economy, solo entrepreneurs, subscription-based, global operations.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.