Funding round
Xepelin Seed
Xepelin, which works in digital business financing solutions in Monte Patria, raised $2.5M in a Seed round announced on 1 Oct 2020, led by Ideas Impact VC. 3 firms took part. It is Xepelin's first venture round on record.
$2.5M
Amount raised
Not disclosed
Post-money valuation
3
Investors
1 lead
Valuation
What this round says about the price
Xepelin did not disclose a valuation in this round. It is Xepelin's first venture round on record, 1 year after it was founded in 2019. It is under 1% of the $364M Xepelin has raised in the venture rounds on record. Xepelin raised again 9 months later: a Series A round of $230M in Jul 2021. Its next priced round, a Bridge in Jan 2026, valued it at $400M.
Xepelin's funding rounds
Xepelin has 4 venture rounds on record and 2 other deals. This one is highlighted.
- Seed this round 1 Oct 2020, led by Ideas Impact VC $2.5M
- Series A 30 Jul 2021, led by Kaszek and DST Global $230M
- Series B 2 May 2022, led by Avenir and Kaszek $111M
- Debt not a venture round 8 Sep 2022, led by Goldman Sachs $140M
- Debt not a venture round 10 Jun 2025 $16M
- Bridge 6 Jan 2026, led by Nazca $20M$400M post-money
Investors
Who put money in
Ideas Impact VC led the round with 2 other firms.
Lead investor
- Ideas Impact VC new investor
Also in the round
- backs 2 venture-backed companies new investor
- FJ Labs backs 316 venture-backed companies new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to scaling operations and working capital.
- Scaling operations
- Working capital
Comparable rounds
How it compares
58 Seed rounds in Loans & Financing within a year either side disclosed an amount; the median was $2.7M, and this round was close to the median. The closest in time, other companies' Seed rounds in Loans & Financing:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Wayflyer Loans & Financing | 19 Oct 2020 | $10M | not disclosed | QED Investors |
| Loans & Financing | 27 Oct 2020 | $5.0M | not disclosed | Chiratae Ventures |
| Loans & Financing | 8 Oct 2020 | $2.3M | not disclosed | Acumen |
| Loans & Financing | 26 Oct 2020 | $1.3M | not disclosed | not named |
| Loans & Financing | 25 Nov 2020 | $5.0M | not disclosed | Monashees and ONEVC |
| Capchase Loans & Financing | 1 Sep 2020 | $4.6M | not disclosed | Bling Capital and SciFi VC |
| Loans & Financing | 25 Nov 2020 | $2.0M | not disclosed | ONEVC |
| Loans & Financing | 8 Dec 2020 | $49M | not disclosed | Fuel Ventures |
Sources
Where this comes from
Reported by 1 source.
Questions
Frequently asked
How much did Xepelin raise in its Seed round?
Xepelin raised $2.5M in its Seed round, announced in Oct 2020.
Who led Xepelin's Seed round?
Ideas Impact VC led it, with Manutara Ventures and FJ Labs.
What was Xepelin's valuation at the Seed round?
It was not disclosed.
How does it compare with other Seed rounds in Loans & Financing?
58 Seed rounds in Loans & Financing within a year either side disclosed an amount; the median was $2.7M, and this round was close to the median.
Did Xepelin raise again after this round?
Yes: a Series A round in Jul 2021 of $230M.