Funding round
Xpansiv Series A
Xpansiv, which works in energy and environmental commodities trading platform services in New York, raised $10M in a Series A round announced on 16 Jan 2019, led by BP Ventures, Avista Development, S&P Global and Energy Innovation Capital. 4 firms took part, with 1 individual investor. It is Xpansiv's first venture round on record.
$10M
Amount raised
Not disclosed
Post-money valuation
4
Investors
4 leads
Valuation
What this round says about the price
Xpansiv did not disclose a valuation in this round. It is Xpansiv's first venture round on record, 10 years after it was founded in 2009. It is 9.1% of the $110M Xpansiv has raised in the venture rounds on record. Xpansiv raised again 32 months later: a Growth round of $100M in Sep 2021.
Xpansiv's funding rounds
Xpansiv has 2 venture rounds on record and 1 other deal. This one is highlighted.
- Series A this round 16 Jan 2019, led by BP Ventures, Avista Development and S&P Global $10M
- Growth 23 Sep 2021 $100M
- Debt not a venture round 6 Jul 2022, led by Blackstone $400M$1.40B post-money
Investors
Who put money in
BP Ventures, Avista Development, S&P Global and Energy Innovation Capital led the round.
Lead investors
- BP Ventures new investor
- Avista Development new investor
- S&P Global new investor
- backs 14 venture-backed companies new investor
Individual investors: Andy Bose.
Comparable rounds
How it compares
903 Series A rounds in Tech Companies within a year either side disclosed an amount; the median was $8.0M, and this round was 1.3 times the median. The closest in time, other companies' Series A rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 1 Jan 2019 | $141M | $1.84B | China State-Owned Capital Venture Investment Fund and ICBC Investment |
| Tech Companies | 28 Jan 2019 | $68M | not disclosed | Andreessen Horowitz |
| Tech Companies | 31 Jan 2019 | $50M | not disclosed | General Catalyst |
| Tech Companies | 24 Jan 2019 | $35M | $400M | SignalFire |
| Tech Companies | 7 Jan 2019 | $28M | not disclosed | Tenfore Holdings |
| Verbit Tech Companies | 29 Jan 2019 | $23M | not disclosed | Viola Ventures |
| Tech Companies | 15 Jan 2019 | $19M | not disclosed | Polaris Partners and Ten Eleven |
| Tech Companies | 16 Jan 2019 | $17M | not disclosed | not named |
Sources
Where this comes from
Reported by 2 sources.
Questions
Frequently asked
How much did Xpansiv raise in its Series A round?
Xpansiv raised $10M in its Series A round, announced in Jan 2019.
Who led Xpansiv's Series A round?
BP Ventures, Avista Development, S&P Global and Energy Innovation Capital led it.
What was Xpansiv's valuation at the Series A round?
It was not disclosed.
How does it compare with other Series A rounds in Tech Companies?
903 Series A rounds in Tech Companies within a year either side disclosed an amount; the median was $8.0M, and this round was 1.3 times the median.
Did Xpansiv raise again after this round?
Yes: a Growth round in Sep 2021 of $100M.