Xesol Innovation

Xesol Innovation is a technology firm specializing in advanced person detection solutions that enhance security and operational efficiency through innovative software applications. Founded in 2012 and based in Vigo, Spain, Xesol Innovation develops sophisticated person detection technology. The company has successfully closed 3 deals, with the most recent funding round taking place in March 2017, raising EUR 40k from UdeKta Capital. The firm is led by CEO Pablo Campos.

Xesol Innovation specializes in advanced person detection technology leveraging neural networks. Their core offerings include sophisticated software solutions designed to enhance security and operational efficiency through real-time monitoring and analysis of human presence in various environments. These products are tailored for diverse applications such as smart buildings, urban security systems, and retail analytics, ensuring a wide range of end-user benefits. The technology has been adopted by clients in sectors including public safety, commercial spaces, and transportation, with a focus on markets across Europe, specifically Spain and other EU countries.

Xesol Innovation’s commitment to innovation is evident in their continuous updates and enhancements to their offerings, which aim to address the evolving needs of their user base. For the fiscal year 2023, Xesol Innovation reported a revenue of EUR 849,881. 60 and an EBITDA of EUR 412,453. 50.

The company generates revenue primarily through partnerships and direct sales of its software solutions, engaging clients on a subscription basis that allows ongoing access to their technology and updates. Specific pricing plans accommodate different service levels, reflecting the comprehensive nature of their offerings. Xesol Innovation is focused on launching new products aimed at enhancing their person detection technology, with specific release dates to be announced. The company plans to expand into new geographic markets, including additional European countries beyond Spain, within the next few years.

The recent funding of EUR 40k will support these product development initiatives and market expansion efforts.