Fundraising Fox
X1
Pasadena, US · Founded 2003 · 148 employees on LinkedIn · 3 known investors
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X1 develops eDiscovery, data discovery, and compliance software used by enterprise and legal/investigation teams. Its product suite supports full-text search and indexing across large-scale deployments for corporate, legal, and government customers.
Also known as X1 Discovery
Founders & leadership
Board
Investors · 3
How we know: Idealab's portfolio page · a partner's Signal profile · Not right? Tell us
How we know: the VCSheet dataset · Not right? Tell us
Reported raises · per SEC filings
Form D private placements$15M disclosed across 3 rounds · 2014–2019
▶$5.1MraisedOct 2019 · 2 investors · Other TechnologyRule 506(b)
- Craig CarpenterExecutive Officer
- Marcia GoodsteinDirector
- Anders RichardsonDirector
- John PatzakisDirector
- Offering amount
- $5.1M
- Amount sold
- $5.1M
- First sale
- Sep 2019
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$7.7MraisedDec 2017 · 5 investors · Other TechnologyRule 506(b)
- Todmund ColeExecutive Officer
- Erik LaykinDirector
- Jeffrey MayerDirector
- John PatzakisDirector
- Marcia GoodsteinDirector
- Offering amount
- $8.2M
- Amount sold
- $7.7M
- First sale
- Nov 2017
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$2.2MraisedFeb 2014 · 8 investors · Other TechnologyRule 506(b)
- John PatzakisExecutive Officer, Director
- Bill GrossDirector
- Erik LaykinDirector
- Marcia GoodsteinExecutive Officer, Director
- Jeff MayerDirector
- Craig ChrisneyExecutive Officer
- Offering amount
- $3M
- Amount sold
- $2.2M
- First sale
- Feb 2014
- Incorporated
- Corporation, Delaware, 2011
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Company profile
researched Aug 2026X1 develops software that lets people and organizations find and act on information in place, wherever it resides, for legal, compliance, governance, investigatory and productivity purposes. The company markets two product lines: the X1 Enterprise Platform, aimed at eDiscovery and information governance teams, and X1 Search, a desktop product for personal home or business use.
The enterprise platform performs search and targeted collection across enterprise data sources without moving or duplicating the data, using real-time in-place indexing. Documented use cases span legal eDiscovery and legal operations; data compliance in M&A due diligence; ITAR and export-control data handled behind the firewall; cybersecurity and incident response; PCI/PII identification and management; securing data left by departed employees; privacy compliance under regimes such as GDPR and CCPA; cross-border global investigations; white-collar crime investigations; early case assessment; and litigation hold and preservation.
X1 Search lets individual users search emails, chats, attachments, local and cloud files, SharePoint documents and Microsoft 365 data from a single interface. It runs on Windows, with Windows Snapdragon (ARM) processors not supported. The company also publishes news and blog content on topics including AI in-place classification for information governance, enterprise search as a driver of AI token cost, and court decisions relating to search terms and Microsoft Teams data.
Business model
X1 sells software in two lines: an enterprise platform licensed to organizations for eDiscovery, compliance, investigations and information governance, and X1 Search, a desktop search product for individual home and business users that is distributed via a free 14-day trial with online purchase options. Sales are supported by a demo-request motion for the enterprise platform and self-service purchase for the desktop product, alongside an affiliates and partners program.
Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.
Founder mafia
2 people who came through X1 went on to found or lead other companies.
Timeline · 1
launches, deals, and filingsX1 announced the X1 Search MCP Connector for Claude, positioned to bring enterprise search in-place to the AI assistant while reducing AI token costs.
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
In the news
▸Research sources · 8
primary sources listed
- X1x1.com · web
8 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does X1 do?
- X1 develops eDiscovery, data discovery, and compliance software used by enterprise and legal/investigation teams. Its product suite supports full-text search and indexing across large-scale deployments for corporate, legal, and government customers.
- Who are X1's investors?
- X1's investors include Idealab, Mantis Capital, Palisades Growth Capital.
- How much funding has X1 raised?
- X1 has disclosed $15M raised across 3 rounds.
- Where is X1 headquartered?
- X1 is headquartered in Pasadena, US.