Who founded XS Financial?

XS Financial was founded by David Kivitz, Antony Radbod.

Who are XS Financial's investors?

XS Financial's investors include KEY Investment Partners.

How much funding has XS Financial raised?

XS Financial has disclosed $46.6M raised across 3 of its 4 known rounds.

Where is XS Financial headquartered?

XS Financial is headquartered in Kelowna.

XS Financial

Kelowna · British Columbia, Canada corporation · 1 known investors

XS Financial provides equipment financing and CapEx capital solutions to middle-market businesses, structuring customized credit to help clients fund critical-use assets while preserving working capital. Founded in 2017, it operates as a specialty lender across a range of industries.

Fintech

Founders & leadership

David KivitzinCo-founder

Antony RadbodinCo-founder

Stephen ChristoffersenNamed on SEC filing

Joe FazziniNamed on SEC filing

Gary HermanNamed on SEC filing

Investors · 1

KEY Investment PartnersDenver

Reported raises · per SEC filings

Form D private placements

$46.6M disclosed across 3 of 4 rounds · 2021–2022

▶$1.7MofferedDec 2022 · 1 investors · Other

Rule 506(b)

Officers, directors & promoters on the filing

David KivitzExecutive Officer, Director
Stephen ChristofferenExecutive Officer, Director
Antony RadbodExecutive Officer, Director
Andrew MitchellDirector
Gary HermanDirector

Offering amount: $1.7M
First sale: Dec 2022
Incorporated: Corporation, British Columbia, Canada
Federal exemptions: 06b

Full filing on SEC EDGAR ↗

▶$43.5MraisedNov 2021 · 9 investors · Other

Rule 506(b)

Officers, directors & promoters on the filing

Nelson LambExecutive Officer
Antony RadbodExecutive Officer, Director
David KivitzExecutive Officer, Director
Gary HermanDirector
Stephen ChristoffersenDirector
Andrew MitchellDirector

Offering amount: $43.5M
Amount sold: $43.5M
Minimum investment: $50K
Sales commissions: $1.5M
Placement agents: Brokerage firm, Brokerage firm, Brokerage firm
First sale: Oct 2021
Incorporated: Corporation, British Columbia, Canada
Federal exemptions: 06b

Full filing on SEC EDGAR ↗

▶$1.2MraisedMar 2021 · 1 investors · Other

Rule 506(b)

Officers, directors & promoters on the filing

David KivitzExecutive Officer, Director
Stephen ChristoffersenDirector
Joe FazziniExecutive Officer
Gary HermanDirector
Antony RadbodExecutive Officer, Director

Offering amount: $3.1M
Amount sold: $1.2M
First sale: Mar 2021
Incorporated: Corporation, British Columbia, Canada
Federal exemptions: 06b

Full filing on SEC EDGAR ↗

▶$1.9MraisedMar 2021 · 29 investors · Other

Rule 506(b)

Officers, directors & promoters on the filing

David KivitzExecutive Officer, Director
Antony RadbodExecutive Officer, Director
Gary HermanDirector
Stephen ChristoffersenDirector
Joe FazziniExecutive Officer

Offering amount: $6.3M
Amount sold: $1.9M
First sale: Mar 2021
Incorporated: Corporation, British Columbia, Canada
Federal exemptions: 06b

Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Frequently asked questions

What does XS Financial do?: XS Financial provides equipment financing and CapEx capital solutions to middle-market businesses, structuring customized credit to help clients fund critical-use assets while preserving working capital. Founded in 2017, it operates as a specialty lender across a range of industries.
Who founded XS Financial?: XS Financial was founded by David Kivitz, Antony Radbod.
Who are XS Financial's investors?: XS Financial's investors include KEY Investment Partners.
How much funding has XS Financial raised?: XS Financial has disclosed $46.6M raised across 3 of its 4 known rounds.
Where is XS Financial headquartered?: XS Financial is headquartered in Kelowna.