XITO

Private

UlmFrontier & Industrial Techhttps://xito.one/

Last Round

Seed

Feb 22, 2024

Total Funding Raised

$3.46M

Company Overview

XITO is a software and robotics company that provides a vendor-neutral marketplace and engineering platform for robotics automation targeted at small and medium-sized enterprises.

Sector

Frontier & Industrial Tech

Verticals

Industrial Robotics, Smart Manufacturing, Low-Code/No-Code, Warehouse Automation

Business Model

B2B

Customer Profile

Marketplace Commission, Subscription SaaS

AI Layer

Application

Keywords

industrial roboticsno-code roboticsrobotics platformcobot integrationautomation platformrobotics marketplacesmart manufacturingfactory automationvendor-neutral roboticssystem integrationrobot commissioningwarehouse automationno-code automationrobotics softwareplug-and-play robotics

Historical Pricing

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XITO Comps

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XITO comps — public and private peers by sector, stage, and business model
Company	Status	Est. Valuation	Rev Multiple
OpenAI	Private	$86.0B	~40x
Cohere	Private	$5.0B	--
Competitor 1	Public	$XX.XB	XXx
Competitor 2	Public	$XX.XB	XXx

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XITO Funding Rounds

Historical fundraising activity

Data table
Round	Date	Amount Raised	Valuation	Investors	Sources
Seed	Feb 22, 2024
Seed	Mar 2, 2023

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Key People

Founding team and executive leadership

Martin Müller

CFO

Executive Team

XITO Investors

Notable investors and investment history

XITO investors
Investor	Rounds
MBG Baden-Württemberg	Seed
Sparkassenkapital Ulm GmbH	Seed
High-Tech Gründerfonds	Seed

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XITO Filings

SEC and related filings with document metadata.

Data table
Typed	Date	Amount Offered	Amount Sold	Filling	Pages	Download
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XITO Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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Firmographic Details

HeadquartersUlm

Employee Range8

Year Founded2020

Last FundingFeb 22, 2024

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