COMPANY INFO
Company-X is a New Zealand-based software development company founded in 2012 by David Hallett and Jeremy Hughes. With around 46 employees, it specializes in delivering data-driven insights, automation, and simulation solutions primarily for infrastructure asset managers, defense manufacturing contractors, and CTOs to enhance operational efficiency and safety. Their expert team works closely with clients to commercialize ideas and scale innovative software projects quickly. The company is headquartered in Hamilton, New Zealand, and operates in the software development industry. Website: https://companyx.com/about
X Corp. is a leading technology company in the social media and internet industry, founded in 2023. With its headquarters in Bastrop, Texas, United States, and a workforce of approximately 1,500 employees as of August 2023, X Corp. has established itself as a significant player in the digital landscape. The company offers cutting-edge social media services and internet communications for a global audience, building on a legacy of innovation backed by leaders such as Elon Musk. X Corp. maintains a broad network of offices, including locations in Atlanta, Austin, New York, Los Angeles, Seattle, Chicago, Hillsboro, Miami, and San Jose.
X Corp. has pursued an aggressive funding strategy since its founding, raising approximately $12.9 billion across at least 16 funding rounds. The company's approach reflects a blend of traditional venture capital, direct investment from key stakeholders (notably Elon Musk), and strategic secondary offerings. Major funding milestones have included a $1 billion venture round in March 2025, transformative investments from institutional funds, and continued post-IPO capital infusions to drive expansion and product development. X Corp. funding has been instrumental in scaling operations, advancing technology, and positioning the company for long-term market leadership. Over the years, prominent venture capital partners and individual investors have participated in X Corp. rounds, fueling its ascent in the highly competitive tech space.
X Corp.'s most recent funding round raised $1 billion in a post-IPO venture, focusing on company growth, potential debt refinancing, and product expansion initiatives.
This substantial capital infusion was led by Elon Musk and aimed at empowering X Corp.'s global reach and expanding service offerings following significant operational milestones.
A major scaling round, this funding enabled X Corp. to accelerate product development and grow its technical infrastructure to meet ever-growing user demands.
A late-stage growth round led by Digital Sky Technologies, supporting user acquisition, global scaling, and advanced feature rollout as X Corp. solidified its global footprint.
This expansion round, led by Kleiner Perkins, provided X Corp. with the resources to further expand its market presence and develop advanced technology platforms.
[For brevity, not all rounds are shown here, but X Corp. has completed at least 16 funding events, including unannounced or undisclosed rounds.]
Founder, Chairman, and CTO of X Corp., Elon Musk has served as the company's primary investor and strategic visionary. Musk's direct investment in multiple funding rounds has underpinned X Corp.’s accelerated growth and innovation trajectory.
A prominent institutional investor, Darsana Capital Partners has contributed capital and strategic guidance during multiple funding events, supporting X Corp.'s expansion and operational scaling.
One of the world's notable private investors, Prince Alwaleed Bin Talal has provided significant funding, underscoring confidence in X Corp.'s business model and long-term vision.
Renowned for early-stage technology investing, Union Square Ventures played a role in X Corp.'s formative funding rounds, supporting initial growth and product experimentation.
As a leading venture capital firm, Benchmark guided several key early and growth-stage rounds, helping establish X Corp. as a dominant social media platform.
Spark Capital has participated in various investment rounds, contributing expertise in technology scaling and access to wider investor networks.
Instrumental in later-stage funding, Kleiner Perkins injected capital and provided strategic support during periods of rapid expansion and innovation.
A key investor for internationalization and late-stage growth, Digital Sky Technologies has supported X Corp.'s entry into global markets.
Participated in a post-IPO round, ARK Investment Management brought institutional resources to X Corp., supporting advanced technology investment.
Endeavor’s strategic investment in 2023 reflected confidence in X Corp.'s media and partnerships strategy.
As a global venture capital firm, Lightspeed Venture Partners has provided financial resources and strategic networking for X Corp.'s scaling.
Kae Capital backed X Corp. in its journey toward product market fit and user base growth, contributing to several undisclosed rounds.
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