London, United Kingdom
Xelix, founded in 2016, offers an AI-driven solution for Accounts Payable teams, effectively positioning itself as a “Your Accounts Payable Control Centre.” Headquartered in the United Kingdom, Xelix taps into the burgeoning fields of AI, Finance, Fintech, IT, SaaS, and Machine Learning to provide a cloud-based platform aimed at automating and enhancing financial control processes for large organizations.
The company's offering addresses critical areas such as overpayment and fraud prevention, vendor statement reconciliation, master vendor data cleansing, AP/P2P reporting, and mailbox management. Its platform integrates seamlessly with existing finance systems, promising operational readiness in just four weeks and delivering ROI within the first month of implementation.
In its latest funding round on 01 July 2025, Xelix secured a substantial $160.00M Series B investment led by LocalGlobe & Latitude, Insight Partners, and Passion Capital, underlining strong investor confidence in its capabilities and market potential.
