Where is Xcel's headquarters located?

Xcel's headquarters is located in Dusseldorf (Germany).

How many companies has Xcel invested in?

Xcel has invested in 44 companies, including Sezzle & Heura.

How many exits has Xcel been involved in?

Xcel's portfolio has seen 5 acquisitions.

Xcel - 2026 Investor Profile & Portfolio

1. Sezzle

Online platform for point of sale financing. It enables consumers to make installment payments for online and offline products at partnered stores. Repayments are auto-debited from the users registered bank account. It enables consumers to shop at multiple stores including footwear, home appliances, electronics, arts, pets, sports, outdoors, and more. It offers a dashboard for discovering stores, managing existing orders, rescheduling future payments, and more. The application is available on Android and iOS platforms.

Key facts about Sezzle

Founded Year: 2016
Location: Minneapolis (United States)
Annual Revenue: $100M - $500M as on Dec 31, 2025
Last Known Valuation: $*****
Stage: Acquired
Total Funding till date: $17.5M
Employee Count: 443 as on Jul 31, 2026
Investors: E-Merge, OnRamp Insurance Conference and 10 Others
Latest Funding Round: Post IPO, Jul 15, 2021, $*****
Highlight: Acquired

2. Heura

Key facts about Heura

Founded Year: 2015
Location: Barcelona (Spain)
Stage: Series B
Total Funding till date: $90.5M
Employee Count: 139 as on Jul 31, 2026
Investors: European Investment Bank, Lever VC and 21 Others
Latest Funding Round: Venture Debt, May 12, 2025, $*****

3. LISNR

LISNR provides an ultrasonic data-over-sound technology. Offers an ultrasonic proximity platform that is used to transmit micro-communications & information between devices using sound between devices on standard speakers and microphones. Offers LISNR Point for 1:1 ultrasonic data transfer & authentication (SDK) between devices to facilitate a contactless transaction between a client && host device within ~1ft & under, LISNR Zone for data transfer & authentication featuring concurrent transmissions, LISNR Radius for long range ultrasonic data transfer (SDK) between devices greater than 10ft and Acceptance Device for transmission leveraging multiple speakers & microphone for performance. Is available in a subscription-based pricing model. Clients include AT&T, Ticketmaster, Land Rover, Heineken, Live Nation, and more.

Key facts about LISNR

Founded Year: 2012
Location: Cincinnati (United States)
Stage: Series C
Total Funding till date: $16.4M
Employee Count: 38 as on Jul 31, 2026
Investors: Mastercard, MaC Venture Capital and 33 Others
Latest Funding Round: Series C, Mar 2022, $*****
Highlight: Editors' Pick

4. Pazo

Provider of software for retail visual merchandising and task management. This platform enables the digitization of store operations through mobile checklists, automated reporting, and image verification tools. It facilitates the tracking of planogram compliance, employee training, and daily workflows across multiple retail locations. The system utilizes image analysis to identify display issues and provides dashboards for monitoring operational performance. Integration capabilities allow for data exchange with existing retail technology systems to support standardized execution and administrative oversight.

Key facts about Pazo

Founded Year: 2018
Location: Bengaluru (India)
Annual Revenue: 0 - ₹10 Cr as on Mar 31, 2025
Stage: Seed
Total Funding till date: $120K
Employee Count: 46 as on Jul 31, 2026
Investors: LeadX Capital, Upekkha and 4 Others
Latest Funding Round: Seed, 2020, $*****
Highlight: Editors' Pick

5. Sensei

Provider of AI-based autonomous store solutions for offline retail stores. The platform offers real-time video recognition software to digitize physical stores with autonomous and check-out-free solutions. Its software offers AI-powered algorithms and computer visions for cameras gathering and analyzing data on people and product performance in stores, enabling brick-and-mortar retailers to analyze the customers. It offers autonomous pods, cabs and stores solution.