Xad Inc.
Computers · New York, New York
Xad Inc. is a computers company based in New York, New York. It has raised at least $118.8 million across 2 known rounds, of which $60.5 million was reported to the SEC on 2 Form D filings, most recently in 2018.
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| Date | Round | Amount | Raised to date | Lead investor | Source |
|---|---|---|---|---|---|
| 2018-07-24 | — | $18.0M | $118.8M | SEC Form D | |
| 2016-11-23 | — | $42.5M | $100.8M | SEC Form D | |
| 2014-09-12 | — | $35.0M | $58.3M | SEC Form D | |
| 2012-01-09 | — | $4.0M | $23.3M | SEC Form D | |
| 2010-10-13 | — | $4.3M | $19.3M | SEC Form D | |
| 2010-10-13 | — | $15.0M | $15.0M | SEC Form D |
SEC rows are Form D filings, where the amount is what was actually sold and amendments update a round rather than adding one. Press rows are split between company-issued releases or wires and editorial or third-party coverage. The total is therefore a floor: a round nobody reported is a round we cannot see. A buyout or control change appears in the timeline but is never added to the total: that money goes to shareholders, not into the company.
Form D is the notice a company files with the SEC when it sells securities without registering them. It reports the amount sold, not a valuation. Figures here are what the filing says. Where a filing is silent, the field is left blank rather than estimated. “Total raised” adds press-reported rounds that never appear in a filing, so it is a floor rather than an audited sum: press amounts are the figures the company announced, and a round nobody reported is a round we cannot see.