Fundraising Fox
/Companies
Sign in

Xolo

Tartu, EE · 145 employees on LinkedIn · 6 known investors

Find your way into Xolo

Sign up to see every warm intro you have to Xolo

  • Paths you didn't know you had: your email and LinkedIn already hold routes to the Xolo team. We find them for you
  • 2nd- and 3rd-degree connections: the friend-of-a-friend routes that take hours to manually find through your inbox or LinkedIn
  • Answers now, not in days: momentum is everything in a raise. Skip asking around whether someone knows someone

Days of research, done the moment you sign in, with every route ranked by how warm it is.

Sign up with GoogleAlready have an account? Log in

Xolo provides business setup, invoicing, accounting, taxation, and compliance software for solo entrepreneurs and freelancers across multiple countries. The platform automates administrative tasks to help independent workers focus on growing their businesses.

Enterprise SoftwareFintechFuture of WorkLegalTechSaaS

Founders & leadership

AMAllan Martinson
Allan MartinsonCEOAllan Martinson held leadership roles at multiple technology and media companies across Eastern Europe and globally, including CEO at Xolo (a business administration platform for freelancers), COO at Starship Technologies (self-driving delivery robotics), and founding roles at Baltic News Service and Delfi (early online media companies). He has also served as managing partner at MTVP, a venture capital firm focused on the Baltic states and Eastern Europe.

Investors · 6

Metaplanetlisted by MetaplanetTallinn · $500K – $10M

How we know: Metaplanet's portfolio page · the VCSheet dataset · Not right? Tell us

Specialist VClisted by Specialist VCTallinn · $270K – $3.2M
Thorgate Ventureslisted by Thorgate Ventures$50K – $55K
Vendep Capitallisted by Vendep CapitalEspoo · $105K – $3.1M

How we know: Vendep Capital's portfolio page · the VCSheet dataset · Not right? Tell us

Almaz CapitalreportedPortola Valley

How we know: the VCSheet dataset · Not right? Tell us

Funding

SEC filings, press & company announcements

$6.8M disclosed across 1 of 2 rounds · 2019–2023

Source: company announcements and press reports — follow each round's link for the claim.

Related companies · 5

WiseWise is a financial platform offering international money transfers, multi-currency accounts, and debit cards with low fees and competitive exchange rates, serving millions of users globally.
FreelancerFreelancer.com is an online marketplace where businesses post jobs and hire freelance workers, including graphic designers, for projects ranging from logos to full website design. The platform lets clients solicit bids or run contests and pay only once satisfied with the delivered work.
DeelDeel is a global HR platform that enables businesses to hire, onboard, and manage employees and contractors across borders. The platform handles payroll, compliance, and HR administration for companies managing international workforces.
CoinbaseCoinbase is a cryptocurrency exchange platform that offers trading, custody, and financial services for cryptocurrencies, stocks, derivatives, and prediction markets to consumers, institutions, and developers. The company operates a full-stack infrastructure including secure custody, liquidity services, stablecoin infrastructure, and global settlement rails.
RobloxRoblox operates an online platform where users sign up to play and create games and interactive experiences. It offers a social gaming environment accessible across multiple devices.

Companies working in the same space as Xolo.

In the news

Estonia's Xolo raises €3.2 mln to tap into solopreneurship boom - ArcticStartuparcticstartup.com · Jun 2021LeapIN rebrands as Xolo, raises $6.8M for its ‘virtual company service’xolo.io · Jul 2019

Frequently asked questions

What does Xolo do?
Xolo provides business setup, invoicing, accounting, taxation, and compliance software for solo entrepreneurs and freelancers across multiple countries. The platform automates administrative tasks to help independent workers focus on growing their businesses.
Who are Xolo's investors?
Xolo's investors include Karma Ventures, Metaplanet, Specialist VC, Thorgate Ventures, Vendep Capital, Almaz Capital.
How much funding has Xolo raised?
Xolo has disclosed $6.8M raised across 1 of its 2 known rounds.
Where is Xolo headquartered?
Xolo is headquartered in Tartu, EE.