Xclaim Funding & Investors
Los Angeles, CA
XCLAIM is building the first-ever marketplace for e-trading the debt of bankrupt companies. More than $2 trillion of this type of debt has traded over the last decade, all on paper. They connect distressed debt investors with the vendors, supplies, landlords, and any other party with unpaid receivables due from a bankrupt company. By increasing the efficiency of trading, XCLAIM is creating liquidity in an illiquid market. It was founded in 2018 and is based in Los Angeles, California.
xclaiminc.comTotal Amount Raised: $18,445,000
Xclaim Funding Rounds
Series A
$7,000,000
Series A Investors
Josh JonesFirst Round CapitalFreestyle CapitalGeneral CatalystTribe CapitalFJ LabsSeed
$6,600,000
Seed Investors
General CatalystInnovation VenturesQuiet CapitalFirst Round CapitalLuge CapitalFreestyle CapitalTribe CapitalEdward LandoPareto HoldingsSeed
$4,000,000
Seed Investors
First Round CapitalLuma LaunchPLG VenturesFreestyle CapitalPre Seed
$845,000
Pre Seed Investors
Bootstrapped Debt Financing
Funding info provided by Diffbot.