XENDEE
Financials
Estimates*
USD | 2021 | 2022 | 2023 |
---|---|---|---|
Revenues | <1m | 1.5m | 3.0m |
% growth | - | 67 % | 100 % |
Date | Investors | Amount | Round |
---|---|---|---|
N/A | $3.0m | Early VC | |
$8.0m | Series A | ||
* | $12.0m | Series A | |
Total Funding | CAD31.4m |
Recent News about XENDEE
EditXENDEE operates in the energy sector, providing a comprehensive Software as a Service (SaaS) platform for the design, analysis, and decision support of Microgrid projects. The company serves a diverse range of clients including Microgrid project developers, financiers, and engineers. XENDEE's platform integrates analytics from US National Labs and the Electric Power Research Institute, combined with its patented technology, to deliver a robust end-to-end solution for Microgrid resilience and project bankability.
The business model revolves around offering a subscription-based service that allows clients to rapidly design and analyze Microgrid resilience, financial returns, and CO2 emissions. XENDEE's platform supports open standards and provides features such as automatic One Line Diagram generation, Quasi Static Time Series (QSTS) Power Flow, Dynamics, and Short Circuit Analysis. The platform also includes tools for automated communication, issue tracking, and guided collaboration, enhancing project management and reducing uncertainty.
XENDEE makes money through subscription fees for its SaaS platform, which is designed to save time and reduce uncertainty for its clients by automatically generating the most optimal Microgrid and Distributed Energy Resource (DER) configurations based on specific project objectives.
Keywords: Microgrid, SaaS, resilience, financial returns, CO2 emissions, analytics, power flow simulation, project bankability, energy sector, DER.