Xcite Automotive Overview
- Year Founded
-
2007
- Status
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Private
- Employees
-
500
- Latest Deal Type
-
Seed
- Latest Deal Amount
-
$3.4M
- Investors
-
1
Xcite Automotive General Information
Description
Developer of advanced automotive inventory management technology intended to optimize dealership operations and enhance marketing strategies. The company offers a comprehensive platform that includes AI-driven tools for inventory management, professional photography services, and detailing options, enabling dealerships to improve efficiency and attract more buyers, thereby increasing sales velocity and overall profitability.
Contact Information
Website
www.xciteauto.comCorporate Office
- 328 South Jefferson Street
- Suite 620
- Chicago, IL 60661
- United States
Corporate Office
- 328 South Jefferson Street
- Suite 620
- Chicago, IL 60661
- United States
Xcite Automotive Timeline
Xcite Automotive Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 2. Seed Round | 03-Jan-2025 | $3.4M | Completed | Generating Revenue | ||
| 1. Debt - General | 01-Dec-2021 | Completed | Generating Revenue |
Xcite Automotive Comparisons
Industry
Financing
Details
Xcite Automotive Competitors (1)
One of Xcite Automotive’s competitors is Pointsmith, a Private Equity-Backed company based in Katy, TX.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Pointsmith | Private Equity-Backed | Katy, TX |
Xcite Automotive Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Xcite Automotive Investors (1)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Hybrid Capital Partners | Venture Capital | Minority |
Xcite Automotive Acquisitions (5)
Xcite Automotive’s most recent deal was a Merger/Acquisition with Double4 AI. The deal was made on 13-Aug-2024.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Double4 AI | 13-Aug-2024 | Merger/Acquisition | Road | ||
| Pinnacle Automotive | 18-Apr-2024 | Merger/Acquisition | Human Capital Services | ||
| Grit Seed | 02-Aug-2022 | Merger/Acquisition | Communication Software | ||
| CarsByText | 22-Jun-2022 | Merger/Acquisition | Systems and Information Management | ||
| Car Studio Pros | 13-Feb-2020 | Merger/Acquisition | Media and Information Services (B2B) |
Xcite Automotive Affiliates
Subsidiaries (3)
| Name | Industry | Location | Year Founded |
|---|---|---|---|
| Grit Seed | Buffalo, NY | 2018 | |
| Car Studio Pros | Chicago, IL | 2018 | |
| Pinnacle Automotive | Owings Mills, MD | 2013 |
Xcite Automotive FAQs
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When was Xcite Automotive founded?
Xcite Automotive was founded in 2007.
-
Where is Xcite Automotive headquartered?
Xcite Automotive is headquartered in Chicago, IL.
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What is the size of Xcite Automotive?
Xcite Automotive has 500 total employees.
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What industry is Xcite Automotive in?
Xcite Automotive’s primary industry is Media and Information Services (B2B).
-
Is Xcite Automotive a private or public company?
Xcite Automotive is a Private company.
-
What is Xcite Automotive’s current revenue?
The current revenue for Xcite Automotive is .
-
How much funding has Xcite Automotive raised over time?
Xcite Automotive has raised $3.79M.
-
Who are Xcite Automotive’s investors?
Hybrid Capital Partners has invested in Xcite Automotive.
-
Who are Xcite Automotive’s competitors?
Pointsmith is a competitor of Xcite Automotive.
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