XFactor Raises $10M in Seed Funding

XFactor

XFactor, a San Francisco, CA-based go-to-market and annual operations planning company, raised $10M in Seed funding.

The round was led by Lightspeed Venture Partners.

The company intends to use the funds to accelerate growth and expand operations.

Founded by Mike Carpenter, XFactor provides technology and services for enterprises, startups, and venture capitalists to modernize annual operations planning and eliminate unwarranted go-to-market risks. Following today’s launch, the company will deliver its go-to-market platform which leverages AI to provide real-time data and intelligent modeling to enable always-on operations planning, and drive more intelligent go-to-market decisions that mitigate risks and increase bottom-line value.

Mike Carpenter is a veteran sales leader who most recently served as President of Global Sales and Field Operations at CrowdStrike. As part of its official launch, the company has also named Joe Mattioli, former Chief Revenue Officer of Axis Security and former VP of Emerging Technology Sales at CrowdStrike, as co-CEO and Matt Ansoorian, former VP of Creative at CrowdStrike, as Chief Brand and Marketing Officer.

FinSMEs

08/12/2022