When was Xcelerate founded?

Xcelerate was founded in 2021 and raised its 1st funding round 1 year after it was founded.

Where is Xcelerate located?

Xcelerate is headquartered in Singapore, Singapore. It is registered at No. 5A, Rathinasamy Nadar Road, Bibikulam, Madurai, Madurai, Tamil Nadu, India, 625002.

Which legal entities is Xcelerate associated with?

Xcelerate is associated with XCELERATE PTE. LTD. and 2 others.

Is Xcelerate a funded company?

Xcelerate is a funded company, having raised a total of $36M across 3 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Aug 08, 2022.

When was the latest funding round of Xcelerate?

Xcelerate's latest funding was a $***** Conventional Debt round on Jul 02, 2024, with participation from 1 investor.

What is the annual revenue of Xcelerate?

Annual revenue of Xcelerate is $36.1M as on Mar 31, 2025.

Where does Xcelerate rank among its competitors?

Xcelerate ranks 11th amongst 425 active competitors, of which 40 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was Xcelerate, which secured an undisclosed amount in Jul, 2024.

Who are the top competitors of Xcelerate?

Xcelerate's top competitors include Palantir, AuditBoard and GBTEC. Among them, Xcelerate secured the most recent funding round in July, 2024.

Xcelerate - 2026 Company Profile, Team, Funding, Competitors & Financials

Xcelerate is a series B company based in Singapore (Singapore), founded in 2021 by Tak Wai Chung. It operates as a Provider of technology-driven solutions for ESG, risk management, and compliance. Xcelerate has raised $36M in funding from investors like Exacta Capital Partners, Altair Capital and Federated Hermes. The company has 425 active competitors, including 40 funded and 47 that have exited. Its top competitors include companies like Palantir, AuditBoard and GBTEC.

Company Details

Provider of technology-driven solutions for ESG, risk management, and compliance. The company supports corporations in governance, risk management, and regulatory compliance. Services include sustainability and ESG advisory, risk solutions, and compliance solutions. The company offers expertise-led solutions for sustainability, risk, and compliance goals.

Website: xcelerateltd.com
Email ID: *****@xcelerateltd.com
Phone Number: +65 **********
Registered Address: No. 5A, Rathinasamy Nadar Road, Bibikulam, Madurai, Madurai, Tamil Nadu, India, 625002

Key Metrics

Founded Year

2021

Location

Singapore, Singapore

Stage

Series B

Total Funding

$36M in 3 rounds

Latest Funding Round

Conventional Debt, Jul 02, 2024, $*****

Investors

Exacta Capital Partners & 21 more

Ranked

11^th among 425 active competitors

Annual Revenue

$36.1M as on Mar 31, 2025

Investment & Acquisitions

Carisma Solutions & 3 more

Similar Companies

Palantir & 476 more

View Xcelerate's full profile

Xcelerate is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count
XCELERATE PTE. LTD. CIN: 202117139R , Singapore, Active	May 13, 2021	$36.1M (As on Mar 31, 2025)	-
APARAJITHA CORPORATE SERVICES PRIVATE LIMITED CIN: U74910TN2000PTC046218 , India, Active	Nov 30, 2000	$27.3M (As on Mar 31, 2025)	1845 (As on Apr 30, 2025)
XCELERATE LIMITED CIN: 6029088 , United Kingdom, Active	Dec 14, 2006	-	1 (As on Jun 30, 2021)

Xcelerate has raised a total funding of $36M over 3 rounds. Its first funding round was on Aug 08, 2022. Its latest funding round was a Conventional Debt round on Jul 02, 2024 for $*****. 1 investor participated in its latest round. Xcelerate has 14 institutional investors and 8 angel investors.

Here is the list of recent funding rounds of Xcelerate:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 02, 2024	6812146	Conventional Debt	8372571	4875579	1631918	8344742
Feb 26, 2024	2196019	Series B	9382935	4806117	5840514	Altair Capital & 1 more
Aug 08, 2022	7775016	Series A	1133592	3816425	Exacta Capital Partners & 1 more	9620031

Access funding benchmarks and valuations. Sign up today!

View details of Xcelerate's funding rounds and investors

The founders of Xcelerate is Tak Wai Chung.

Here are the details of Xcelerate's key team members:

Tak Wai Chung: Co-Founder & Advisor of Xcelerate.

View details of Xcelerate's Founder profiles and Board Members

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Xcelerate include Palantir, AuditBoard and GBTEC. Here is the list of Top 10 competitors of Xcelerate, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Palantir 2003, Denver (United States), Public	Platform that provides data analysis and management solutions	$2.46B	Founders Fund, Morgan Stanley & 164 others	84/100
2nd	AuditBoard 2014, Cerritos (United States), Acquired	Provider of audit, compliance, and risk management software platform	$43.6M	Vebu, DFIN & 5 others	72/100
3rd	GBTEC 2005, Bochum (Germany), Acquired	Cloud-based business process management software	$34M	Morado Ventures, Recruit Holdings & 1 others	69/100
4th	NAVEX Global 2010, Lake Oswego (United States), Acquired	Cloud-based risk management software	$214M	AP6, Noble Rock Advisors & 2 others	69/100
5th	Secoda 2021, Toronto (Canada), Acquired	Provider of an AI platform for data and analytics solutions	$16.3M	Craft Ventures, Y Combinator & 9 others	65/100
6th	Mitratech 1987, Austin (United States), Acquired	Provider of solutions for third party risk management to banks	-	Vista Equity Partners, Ontario Teachers' Pension Plan ... & 5 others	63/100
7th	ProcessUnity 2003, Concord (United States), Acquired	Vendor risk management solutions for businesses & financial institutions	$69.6M	Rose Park Advisors, Golub Growth & 2 others	63/100
8th	MetricStream 1999, San Jose (United States), Series D	Provider of governance, risk, and compliance software solutions using AI	$213M	Sageview Capital, Clearlake Capital Group ... & 15 others	62/100
9th	SecurityPal AI 2020, San Francisco (United States), Series A	100x Faster Security Reviews, Powered by AI, Verified by Expert Humans with Unmatched Speed & Precision	$21M	Craft Ventures, AirAngels & 8 others	61/100
10th	Smarsh 2001, Portland (United States), Acquired	Provider of communications data governance and archiving platform using artificial intelligence	$6.68M	Toba Capital, Golub Growth & 3 others	61/100
11th	Xcelerate 2021, Singapore (Singapore), Series B	Provider of technology-driven solutions for ESG, risk management, and compliance	$36M	Federated Hermes, Altair Capital & 20 others	63/100

Get insights and benchmarks for competitors of 2M+ companies! Sign up today!

Looking for more details on Xcelerate's competitors? Click here to see the top ones

Xcelerate has made 3 investments in companies including GIEOM and Stirrup Communications. Xcelerate has also acquired 1 companies including Carisma Solutions.

Here is the list of investments & acquisitions:

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Dec 23, 2024	Acquisition	Carisma Solutions	2012	Chennai (India)
Jun 20, 2024	Investments	GIEOM	2008	Bengaluru (India)
Apr 05, 2024	Investments	Stirrup Communications	2006	Mumbai (India)