Xoom - About the company
Xoom is an acquired company based in San Francisco (United States), founded in 2001 by Kevin Hartz and Alan Braverman. It operates as a Provider of online service for international money transfers, bill payments. Xoom has raised $106M in funding from investors like DAG Ventures, Fidelity Ventures and Sequoia Capital, with last known valuation of $*****. The company has 845 active competitors, including 114 funded and 42 that have exited. Its top competitors include companies like Wise, Payoneer and Remitly.
Company Details
Provider of online service for international money transfers, bill payments. The service facilitates sending money to bank accounts, debit cards, and mobile wallets. It also enables cash pickup and mobile phone reloads. Security measures, including data encryption and fraud monitoring, help safeguard transactions. Customer service centers offer support in multiple languages.
- Website
- www.xoom.com/
- Email ID
- *****@xoom.com
- Phone Number
- +1 **********
Key Metrics
Founded Year
2001
Location
San Francisco, United States
Stage
Acquired
Total Funding
$106M in 6 rounds
Latest Funding Round
Last Known Valuation
$***** as on Jul 01, 2015
Investors
Ranked
8th among 845 active competitors
Annual Revenue
$100M - $500M as on Dec 31, 2014
Employee Count
274 as on Jun 30, 2026
Exit Details
Acquired by PayPal (Jul 01, 2015)
Legal entities associated with Xoom
Xoom is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
XOOM CORP CIN: 1315657 , United States, Active | Oct 09, 2012 | $100M - $500M (As on Dec 31, 2014) | - | - |
Xoom Corporation CIN: 943401054 , Belgium, Active | Dec 31, 2000 | - | 206 (As on Dec 31, 2016) | - |
XOOM CORPORATION CIN: 943401054 , United States, Active | Dec 31, 1999 | - | 42 (As on Dec 31, 2015) | - |
Xoom's acquisition details
Click here to take a look at Xoom's acquisition in detail
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Xoom's funding and investors
Xoom has raised a total funding of $106M over 6 rounds. Its first funding round was on Oct 01, 2003. Its latest funding round was a Series F round on Nov 22, 2011 for $*****. 2 investors participated in its latest round. Xoom has 13 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of Xoom:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Nov 22, 2011 | 4804703 | Series F | 5698166 | 2234630 | 7909352 | 4636472 |
Mar 18, 2010 | 6518829 | Series F | 3264500 | 8425847 | 3052778 | 6825131 |
Sep 28, 2007 | 6041168 | Series E | 5927809 | 3328797 |
View details of Xoom's funding rounds and investors
Xoom's founders and board of directors
Founder? Claim ProfileThe founders of Xoom are Kevin Hartz and Alan Braverman.
Here are the details of Xoom's key team members:
- Kevin Hartz: Member, Board of Directors & Founder of Xoom and founder of 2 other companies, A Star and Eventbrite. They are also an angel investor in 104 startups and serve on the board of 1 company.
- Alan Braverman: Founder & CTO of Xoom and founder of 2 other companies, The Giant Pixel Corp and TextLine. They are also an angel investor in 1 startup.
View details of Xoom's Founder profiles and Board Members
Xoom's employee count trend
Xoom has 274 employees as of Jun 26. Here is Xoom's employee count trend over the years:
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Xoom's Competitors and alternates
Top competitors of Xoom include Wise, Payoneer and Remitly. Here is the list of Top 10 competitors of Xoom, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Wise 2011, Shoreditch (United Kingdom), Public | Provider of international money transfer and multi-currency | $1.03B | 87/100 | |
2nd | Payoneer 2005, New York City (United States), Acquired | Provider of cross-border payment solutions for freelancers, businesses, and marketplaces | $269M | 85/100 | |
3rd | Remitly 2011, Seattle (United States), Public | Provider of international money transfer services with multiple delivery options | $436M | 84/100 | |
4th | Airwallex 2015, San Francisco (United States), Series H | Provider of financial infrastructure for processing payments and managing treasury | $1.9B | 82/100 | |
5th | Ebury 2009, London (United Kingdom), Acquired | Provider of global payment solutions, currency risk management, and business lending | $374M | 79/100 | |
6th | Provider of a global payment infrastructure platform for businesses and financial institutions to facilitate cross-border transactions | $362M | 77/100 | ||
7th | Venmo 2009, New York City (United States), Acquired | Provider of a platform for sending and receiving payments between users | $1.3M | 76/100 | |
8th | Xoom 2001, San Francisco (United States), Acquired | Provider of online service for international money transfers, bill payments | $106M | 71/100 | |
9th | Remessa Online 2016, Sao Paulo (Brazil), Acquired | Provider of international money transfer services for individuals and businesses | $21.5M | 73/100 | |
10th | Provider of a platform for managing and automating international salary payments | $38.9M | 73/100 |
Looking for more details on Xoom's competitors? Click here to see the top ones
Xoom's Investments and acquisitions
Xoom has acquired 2 companies including BlueKite and Flyswat. Xoom has not made any investments as of now.Reports related to Xoom
Here is the latest report on Xoom's geography:
News related to Xoom
Media has covered Xoom for 1 event in last 1 year, It was about company updates.
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AirAsia Media Partners with Xoomplay Technologies to Introduce In-Car Tablets in AirAsia Ride VehiclesTravel Daily Media•Jun 17, 2025•AirAsia, Xoom
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PayPal's Xoom teams up with Tenpay Global to deliver cross-border remittances to Weixin
The Paypers•Apr 11, 2025•Xoom, Tenpay Global
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Xoom Enables Paypal Usd As A Funding Option For Cross-border Money TransfersFinancial IT•Apr 05, 2024•Xoom, PayPal
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PayPal’s Xoom Service expands debit card deposit feature to include cross-border remittancesAfrica Business Communities•Jan 16, 2023•Xoom
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