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.