When was Xello founded?

Xello was founded in 1997 and raised its 1st funding round 23 years after it was founded.

Where is Xello located?

Xello is headquartered in Toronto, Canada.

Who is the current CEO of Xello?

Matt McQuillen of Xello. They have also founded 1 company.

How many employees does Xello have?

As of Jun 30, 2026, the latest employee count at Xello is 270.

Is Xello a funded company?

Xello is a funded company, having raised a total of $***** in its 1st and only funding round, a PE round on May 07, 2020.

When was the latest funding round of Xello?

Xello's latest funding was a $***** PE round on May 07, 2020, with participation from 1 investor. Its primary sector is K-12 EdTech. Globally, the K-12 EdTech sector has seen $295M in funding in 2026 to date.

Where does Xello rank among its competitors?

Xello ranks 6th amongst 823 active competitors, of which 85 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was Smartail, which secured $35.8K in Sep, 2024.

Who are the top competitors of Xello?

Xello's top competitors include Renaissance, Excelsoft and Formative. Among them, Smartail secured the most recent funding round in September, 2024.

Xello - 2026 Company Profile, Team, Funding & Competitors

Xello is a late stage company based in Toronto (Canada), founded in 1997 by Matt McQuillen. It operates as a Provider of an online platform for developing technical and soft skills in students. Xello has raised an undisclosed amount in funding from Canadian Business Growth Fund. The company has 823 active competitors, including 85 funded and 43 that have exited. Its top competitors include companies like Renaissance, Excelsoft and Formative.

Company Details

Xello provides an online platform for developing technical and soft skills in students. It provides students with "Xello", an online platform through which students can create profiles and learn skills required in colleges and various jobs. It offers features such as student data reporting, self-assessment tools, personalized student portfolios, etc. It provides educators with data reports, communication and course management, etc.

Website: xello.world/en/
Social
Email ID: *****@xello.world
Phone Number: +1 **********

Key Metrics

Founded Year

1997

Location

Toronto, Canada

Stage

Late Stage

Latest Funding Round

PE, May 07, 2020, $*****

Investors

Canadian Business Growth Fund & 1 more

Ranked

6^th among 823 active competitors

Employee Count

270 as on Jun 30, 2026

Investment & Acquisitions

Awato

Similar Companies

Renaissance & 749 more

View Xello's full profile

Xello has raised funding over 1 round. Its latest funding round was a PE round on May 07, 2020 for $*****. 1 investor participated in its latest round. Xello has 2 institutional investors.

Here is the list of recent funding rounds of Xello:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 07, 2020	1958266	PE	9416458	7978668	8460078	5571850

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View details of Xello's funding rounds and investors

The founders of Xello is Matt McQuillen. Matt McQuillen is the CEO of Xello.

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

Matt McQuillen: Co-Founder & CEO of Xello.
Contact Info: 1 email address

View details of Xello's Founder profiles and Board Members

Xello's employee count trend

Xello has 270 employees as of Jun 26. Here is Xello's employee count trend over the years:

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Top competitors of Xello include Renaissance, Excelsoft and Formative. Here is the list of Top 10 competitors of Xello, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Renaissance 1986, Wisconsin Rapids (United States), Acquired	K-12 cloud based assessment, teaching, and learning solutions	$40M	CapitalG, Hellman & Friedman & 14 others	69/100
2nd	Excelsoft 2000, Mysuru (India), Public	Provider of AI-powered learning and assessment technology	$9.47M	Uti Venture Funds Management Company, UTI ... & 9 others	66/100
3rd	Formative 2013, Santa Monica (United States), Acquired	Online platform offering real-time instruction tools for educators	$70M	Summit Partners, MaC Venture Capital & 5 others	65/100
4th	TagHive 2017, Seoul (South Korea), Series A	Provider of AI-powered, Bluetooth clicker-based educational solutions for students and teachers	$2.5M	Forest Partners, Samsung Venture Investment ... & 2 others	62/100
5th	Smartail 2019, Chennai (India), Seed	AI-based content and learning management system	$47.8K	Leaders For India Organization, MYCap Investments ... & 1 others	59/100
6th	Xello 1997, Toronto (Canada), Late Stage	Provider of an online platform for developing technical and soft skills in students	-	Canadian Business Growth Fund, Fusion Partners	56/100
7th	Turnitin 2000, Oakland (United States), Acquired	Provider of plagiarism detection and assessment platform for teachers	-	Georgian, Ares Capital Corporation & 9 others	54/100
8th	Mindprint Learning 2013, Princeton (United States), Acquired	Online platform offering cognitive assessment learning solutions for children	$2.2M	Martinson Ventures, EduLab Capital Partners ... & 4 others	53/100
9th	Geekie 2011, Sao Paulo (Brazil), Series B	Learning management system provider for schools	$7M	Mitsui, Omidyar Network & 3 others	53/100
10th	Wheebox 2011, Gurugram (India), Acquired	Online platform for employability skill assessment	$804K	Rooman Technologies, People Strong & 8 others	52/100