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Xeeva - About the company

Xeeva is an acquired company based in Southfield (United States), founded in 2014 by Dilip Dubey. It operates as an AI-powered spend management and procurement software for actionable insights. Xeeva has raised $40M in funding from PeakEquity. The company has 501 active competitors, including 98 funded and 74 that have exited. Its top competitors include companies like Coupa, Sage Group and Emburse.

Company Details

AI-powered spend management and procurement software for actionable insights. The company offers a comprehensive, cloud-based platform that simplifies and consolidates spend-related activities. Their solutions include spend analytics, data enrichment, sourcing, procure-to-pay, and a purchasing software. They leverage Artificial Intelligence technology to cleanse, categorize, and enrich spend data, providing line-level granularity and improved data quality. The platform drives cost savings, visibility, and efficiency gains throughout the procurement process. They offer solutions for various industries, including chemicals, consumer packaged goods, energy, oil & gas, transportation, automotive, industrial manufacturing, and pharma. The company provides a data-driven approach to identify savings opportunities and improve procurement processes. This is a B2B SaaS offering.
Social
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Registered Address
30- 31, Street No 2, Atul Kataria Chowk, Sheetala Mata Road, Gurgaon, Gurgaon, Haryana, India, 122001
Key Metrics
Founded Year
2014
Location
Southfield, United States
Stage
Acquired
Total Funding
$40M in 1 round
Latest Funding Round
Investors
Ranked
Employee Count
75 as on Mar 31, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Simfoni (Nov 28, 2022)

Xeeva's acquisition details

Xeeva got acquired by Simfoni on Nov 28, 2022. It was facilitated by SSG Capital Advisors.
Click here to take a look at Xeeva's acquisition in detail
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Xeeva's funding and investors

Xeeva has raised a total funding of $40M over 1 round. Its latest funding round was a Series B round on Apr 12, 2018 for $*****. 1 investor participated in its latest round. Xeeva has 4 institutional investors.

Here is the list of recent funding rounds of Xeeva:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Apr 12, 2018
8928427
Series B
2060135
1456779
4791057
5469229
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Xeeva's founders and board of directors

Founder? Claim Profile
The founders of Xeeva is Dilip Dubey.
Here are the details of Xeeva's key team members:

Xeeva's employee count trend

Xeeva has 75 employees as of Mar 26. Here is Xeeva's employee count trend over the years:
Employee count trend for Xeeva
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Xeeva's Competitors and alternates

Top competitors of Xeeva include Coupa, Sage Group and Emburse. Here is the list of Top 10 competitors of Xeeva, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Coupa
Coupa
2006, San Mateo (United States), Acquired
Cloud-based end-to-end spend management software for businesses
$169M
78/100
2nd
Logo for Sage Group
Sage Group
1981, Newcastle Upon Tyne (United Kingdom), Public
Cloud-based accounting and payroll solutions for small and medium businesses
-
76/100
3rd
Logo for Emburse
Emburse
2002, San Francisco (United States), Acquired
Corporate card and expense management platform for businesses
$1.62M
70/100
4th
Logo for Bizongo
Bizongo
2015, Mumbai (India), Series E
AI-powered vendor digitization, procurement and supply chain financing solutions
$257M
69/100
5th
Logo for Airbase
Airbase
2017, San Francisco (United States), Acquired
Procure to pay management software for businesses
$91M
68/100
6th
Logo for Procurify
Procurify
2012, Vancouver (Canada), Series C
SaaS-enabled end-to-end spend management software
$82.5M
63/100
7th
Logo for Ivalua
Ivalua
2000, Redwood City (United States), Series B
Procurement management solutions for businesses
$134M
63/100
8th
Logo for Tipalti
Tipalti
2010, Foster City (United States), Series F
Cloud-based procurement and invoice management solutions for businesses
$553M
63/100
9th
Logo for MineralTree
MineralTree
2010, Cambridge (United States), Acquired
Cloud-based accounts payable solutions for businesses
$123M
61/100
10th
Logo for Corcentric
Corcentric
1998, Mclean (United States), Public
Cloud-based procurement automation solutions for businesses
$81.2M
59/100
55th
Logo for Xeeva
Xeeva
2014, Southfield (United States), Acquired
AI-powered spend management and procurement software for actionable insights
$40M
50/100
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Xeeva's Investments and acquisitions

Xeeva has acquired 2 companies including ProcurePack and Kontextual. Xeeva has not made any investments as of now.

Reports related to Xeeva

Here is the latest report on Xeeva's sector:

News related to Xeeva

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