About XN-Ventures
XN-Ventures is a venture capital firm founded in 2009. It is primarily based out of Espoo, Finland. As of Apr 2024, XN-Ventures has invested in 4 companies. It primarily invests in Series C round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to Environment Tech and High Tech. Most recently it participated in the $***** Series D round of Sigma Overall, XN-Ventures portfolio has seen 1 unicorn and 1 acquisition, namely Sigma and Lacework. A lot of funds co-invest with XN-Ventures, with names like D1 Capital Partners sharing a substantial percentage of its portfolio. XN-Ventures has team of 1 people including 1 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series C, Series A & 1 more
Portfolio Acquisitions
Portfolio Unicorns
Portfolio Soonicorns
XN-Ventures' List of All Investments
XN-Ventures has a portfolio of 4 companies, one of which is a Unicorn. Their most notable investmentis in SigmaTheir portfolio spans across and United States. They have invested in Enterprise Applications, Environment Tech, High Tech and 6 other sectors, across stages such as Series C, Series A and 1 more. Here is the list of all investments by XN-Ventures:
1. Saildrone
Developer of autonomous unmanned surface vehicle. The USVs are capable of carrying a sensor suite, deploying sensor payloads, relaying data back to shore in real-time via satellite, and can navigate to any part of the world’s oceans. They are useful for ocean monitoring, oil and gas monitoring, piloting for ships, and more. It can be launched into the ocean from a ship or a dock.
Key facts about Saildrone
- Founded Year: 2012
- Location: Alameda (United States)
- Stage: Series C
- Total Funding till date: $325M
- Employee Count: 262 as on Jul 31, 2026
- Investors: Capricorn, Graph Ventures and 23 Others
- Latest Funding Round: Series C, May 13, 2025, $*****
- Highlight: Editors' Pick
2. Sigma
Provider of a platform for building AI applications and analytics. The platform offers tools for data modeling, reporting, dashboards, and embedded analytics. It allows users to explore data, build applications, and automate tasks. The platform supports integration with various data sources and offers features such as write-back and self-service capabilities.
Key facts about Sigma
- Founded Year: 2014
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series E
- Total Funding till date: $742M
- Employee Count: 1,420 as on Jul 31, 2026
- Investors: Princeville Capital, Spark Capital and 16 Others
- Latest Funding Round: Series E, May 18, 2026, $*****
- Highlight: Editors' Pick
3. Lacework
AI powered cloud security posture management solution. It provides a cloud workload security solution to monitor and secure cloud infrastructure. It creates a temporal baseline of cloud operations to detect and investigate breaches, cyberattacks, and insider threats. It uses insider tracking technology to expose the user intention behind every command.
Key facts about Lacework
- Founded Year: 2015
- Location: San Jose (United States)
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $1.9B
- Employee Count: 157 as on May 31, 2026
- Investors: equitywestsecurities.com, AME Cloud Ventures and 19 Others
- Latest Funding Round: Series D, Feb 03, 2022, $*****
- Highlight: Acquired
Developer and private label manufacturer of iOS integrated coffee roaster. The company enables small-scale coffee owners to build the brand by installing roasters. It also provides brand control, data analytics, and inventory management services.
Key facts about Bellwether Coffee
- Founded Year: 2013
- Location: Berkeley (United States)
- Stage: Series B
- Total Funding till date: $92.7M
- Employee Count: 67 as on Jul 31, 2026
- Investors: RSE Ventures, Tandem Capital and 14 Others
- Latest Funding Round: Series B, Oct 01, 2021, $*****
- Highlight: Editors' Pick
XN-Ventures' Year-on-Year Investment Trends
XN-Ventures has invested in 4 companies over the last 8 years, with an average of 1 new investment annually in the last 5 years. Its most recent first time investment was in Sigma and most recent follow-on round was in Sigma.XN-Ventures' Investments by Stage
XN-Ventures has made 2 investments in Series C stage with an average round size of $220M, 1 investment in Series A stage with an average round size of $10M and 1 investment in Series D stage with an average round size of $1.3B.Stage of entry | No. of Investments |
|---|---|
Series C | 2 |
Series A | 1 |
Series D | 1 |
Note: We have considered here, only first round of investments
XN-Ventures' Investments by Sector
XN-Ventures has a diverse portfolio, with companies operating in the Enterprise Applications, Aerospace, Maritime and Defense Tech, Auto Tech, Energy Tech and Enterprise Infrastructure. Notably, it has invested in 4 Enterprise (B2B) companies, 4 Tech companies, 2 Saas companies and at least 2 companies focusing on Software.Sector | No. of Investments |
|---|---|
Enterprise Applications | 2 |
Aerospace, Maritime and Defense Tech | 1 |
Auto Tech | 1 |
Energy Tech | 1 |
Enterprise Infrastructure | 1 |
Others | 5 |
Note: We have considered here, only first round of investments
XN-Ventures' Investments by Geography
XN-Ventures has made most investments in United States (4).XN-Ventures' recent investments
XN-Ventures has not made any investment in 2026 so far.Here are the most recent investments by XN-Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Apr 05, 2024 | United States | Series D | 8627 | [+6] | |
Nov 18, 2021 | United States | Series C | 9516 | [+3] | |
Nov 18, 2021 | United States | Series D | 5425 | [+11] | |
Oct 18, 2021 | United States | Series C | 5535 | [+7] | |
Sep 02, 2019 | United States | Series B | 5883 | [+8] |
Unicorns in XN-Ventures' Portfolio
XN-Ventures has 1 unicorn in its portfolio - Sigma. The most recent unicorn in their portfolio is Sigma which became a unicorn in 2024, 2 years after XN-Ventures first invested in it.Here is a list of unicorns in XN-Ventures' portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
60 | Provider of a platform for building AI applications and analytics | 2014 | San Francisco | Series E | myxryey |
Acquired companies in XN-Ventures' Portfolio
1 company from XN-Ventures' portfolio has been acquired. The most recent acquisition was Lacework in Jun 2024 by Fortinet for $*****.Here are XN-Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 10, 2024 | Nov 18, 2021 | Series D | 6431 |
Team profile of XN-Ventures
XN-Ventures has a team of 1 member located in Finland. XN-Ventures' team does not sit on the board of any company as of now.Co-investors of XN-Ventures
Over the past 8 years, 57 investors have co-invested in XN-Ventures's portfolio companies. This includes funds and angels.
- Invested before XN-Ventures: Sutter Hill Ventures, Altimeter Capital and 14 others have invested in rounds before XN-Ventures. There are 2 companies where Sutter Hill Ventures has invested before XN-Ventures and 2 companies where Altimeter Capital has invested before XN-Ventures.
- Top Co-investors of XN-Ventures: 17 investors entered a company along with XN-Ventures. These include investors like D1 Capital Partners (2 companies).
- Invested after XN-Ventures: A total of 24 investors have invested in XN-Ventures's portfolio after their investments. Top Investors include Danmarks Eksport og Investeringsfond (1 company), Washington Harbour Partners (1 company) and Academy Securities (1 company).
Recent News related to XN-Ventures
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Ursa Major Raises $100M in Series E FundingFinSMEs•Nov 18, 2025•Eclipse, XN LP, Ursa Major, Principia Growth and 3 others
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Gecko Robotics Secures $1.25B Funding to Modernize Infrastructurepennbizreport.com•Jun 16, 2025•Gecko Robotics, Cox Enterprises, Founders Fund, Usitfund and 2 others
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AMP Raises $91 Million in Series D Funding to Revolutionize WasteBusiness Wire•Dec 05, 2024•Ampsortation, Congruent Ventures, Sequoia Capital, XN and 9 others
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Sigma Raises $200M in Series D Funding to Propel Cloud Analytics InnovationSilicon Valley Journals•May 16, 2024•Sigma, Spark Capital, Avenir Growth Capital, NewView Capital and 9 others
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Airtable Scores Massive $735 Million Roundsvdaily.com•Dec 23, 2021•Airtable, XN-Ventures, Franklin Templeton India, J P Morgan and 10 others
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Sigma Computing raises $300 million in series C funding roundTele Net•Dec 17, 2021•Sigma, Sutter Hill Ventures, Altimeter Capital, Snowflake and 2 others
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Ursa Major raises $85M to disrupt the vertically-integrated launch sectorTechCrunch+•Dec 07, 2021•Ursa Major, BlackRock, XN-Ventures, Alsop Louie Partners and 5 others
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Cloud Security Specialist Lacework Raises $ 1.3 Billionusine-digitale.fr•Nov 23, 2021•Lacework, Dragoneer Investment Group, Liberty Global, Snowflake and 12 others
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ARRIS raises US$88.5 million in Series C fundingAviTrader•Nov 18, 2021•XN-Ventures, ARRIS, Moderne Ventures, New Enterprise Associates and 4 others
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Saildrone rallies $100m Series CVCJ•Oct 19, 2021•Saildrone, Bond Capital, XN, The Standard and 10 others
