X1 logo — company profile

X1

Founded 2017 11-50 employees Series B Total: $62.00M Financial Services, Fintech +1

General Information

Company Name X1
Founded Year 2017
Employees 11-50
Industries Financial Services, Fintech, Payments
Funding Stage Series B
Social

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About X1

X1 is a fintech startup that has made waves with its innovative smart credit card crafted from 17 grams of sleek stainless steel. Leveraging advanced technology, the card offers intelligent credit limits, a compelling rewards program, and automated features aimed at optimizing the shopping and spending experience. In partnership with Visa Signature, X1 cardholders gain access to a vast network of over 46 million merchants globally. Founded in 2017 by former Twitter employees Deepak Rao and Siddharth Batra, the company has garnered substantial support from prominent figures including Max Levchin (PayPal co-founder), David Sacks (former PayPal COO), Michael Dearing (Harrison Metal founder), Adam Bain (former Twitter COO), Kevin Weil (Libra co-creator & ex-Instagram head of product), and others. The most recent milestone for X1 was its $15.00M Series B investment on 01 December 2022, which saw participation from Soma Capital, Kyle Vogt, Brian Kelly, and Web Summit Ventures. With an impressive array of industry support and a differentiated product offering, X1 is poised to further disrupt the financial services and payments sectors.

Funding Rounds & Investors (5)

View All
Funding Stage Amount Investors Lead Investors Date
Series B $15.00M 4
Soma Capital, Kyle Vogt +2
01 Dec 2022
Series B $25.00M 6
Craft Ventures, Global Founders Capital +4
18 Jul 2022
Series A $12.00M -
14 Jan 2021
Series A $10.00M -
17 Sep 2020
Seed Round Undisclosed -
01 Nov 2017

FAQ About X1

X1 designs a smart credit card made with 17 grams of sleek, stainless steel. Utilizing advanced technology, it provides intelligent credit limits, a remarkable rewards program, and automated features that enhance your shopping and spending experience. Partnered with Visa Signature, X1 cardholders ca...
X1 was founded in 2017.
X1 operates in Financial Services, Fintech and Payments.
X1 has approximately 11-50 employees.
X1 has completed 5 funding rounds, raising a total of $62.00M. The latest funding stage is Series B.

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Source: BounceWatch company record for X1, https://bouncewatch.com/company/x1-1, updated 27 December 2024. When citing, please name BounceWatch and link this page.

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