Xolo logo — Xolo makes freelancing a magical experience. #xolopreneur

Xolo

Xolo makes freelancing a magical experience. #xolopreneur

Founded 2020 Estonia Estonia 145 employees Series A Total: $11.09M Fintech, Banking

General Information

Company Name Xolo
Founded Year 2020
Location Estonia Estonia +2
Employees 145
Industries Fintech, Banking
Funding Stage Series A
Social

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About Xolo

Xolo, founded in 2020 and headquartered in Estonia, operates within the Fintech and Banking sectors. Known for its unique proposition "Xolo makes freelancing a magical experience. #xolopreneur", the company's mission is to streamline the establishment and management of modern microbusinesses by significantly reducing administrative burdens.

By leveraging an innovative, all-in-one platform, Xolo offers freelancers essential tools—consolidating banking, accounting, and tax management—into a single, intuitive dashboard. This enables users, referred to as "Xolopreneurs," to save up to 162 working hours annually, thus facilitating focus on core business activities.

Financially, Xolo has secured a €3.19M Series A round on 15 February 2021, backed by notable investors such as Karma Ventures, Metaplanet Holdings, Vendep Capital, Specialist VC, Thorgate Ventures, Andrew Prozes, and Taavet Hinrikus. These commitments reflect confidence in Xolo's capacity to redefine the freelancing experience through technology-driven solutions.

Taxonomy: freelancing, microbusiness, business administration, remote work, business banking, online accounting, tax management, business registration, AI accounting solutions, solopreneurs, independent professionals, digital platform, business automation, self-employment services, entrepreneur support

Services & Products

invoicing tool
tax and accounting services
business registration
E-commerce support
Xolo Go
Xolo Leap

Target Customers

solopreneurs freelancers digital entrepreneurs remote workers small business owners

Funding Rounds & Investors (5)

View All
Funding Stage Amount Investors Lead Investors Date
Series A •••••• 7
Investor Investor Investor Investor Investor
•••• ••••
15 Feb 2021
Series A •••••• 3
Investor
•••• ••••
15 Jul 2019
Equity Crowdfunding •••••• 3
Investor
•••• ••••
27 Oct 2017
Seed Round •••••• - 16 Nov 2016
Angel Round •••••• 1
Investor
05 Jan 2016

Xolo Alternatives & Competitors

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FAQ About Xolo

Xolo makes freelancing a magical experience. #xolopreneur
Xolo was founded in 2020.
Xolo is headquartered in Estonia.
Xolo operates in the following industries: Fintech, Banking.
Xolo has approximately 145 employees.
Xolo has completed 5 funding rounds, raising a total of $11.09M. The latest funding stage is Series A.
Xolo offers: invoicing tool, tax and accounting services, business registration, E-commerce support, Xolo Go, Xolo Leap.
Top alternatives and competitors to Xolo include CaptainBiz, Splendid Accounts, Vault, GL Accounting & Bookkeeping Services Inc, Keep Financials. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Xolo and CaptainBiz are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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