XIX

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

XIX - overview

Established

2016

Location

San Francisco, CA, US

Primary Industry

Software

About

XIX. AI offers advanced artificial intelligence solutions aimed at enhancing operational efficiency across various sectors, including finance, healthcare, and logistics, utilizing sophisticated machine learning algorithms for data analysis. Founded in 2016 and headquartered in San Francisco, US, XIX. AI provides innovative AI solutions designed to improve operational efficiency.


Emil Mikhailov serves both as the CEO and founder. The company secured its first funding round of SEED in March 2017 from investors such as NewDo Venture and Y Combinator. XIX. AI specializes in advanced artificial intelligence solutions designed to enhance operational efficiency across various industries.


Their flagship product utilizes machine learning algorithms to analyze large datasets, providing insights that help organizations optimize their processes and decision-making. These solutions are particularly relevant for sectors such as finance, healthcare, and logistics, where data-driven insights are crucial for maintaining competitive advantage. The company has also developed customized applications to address specific industry challenges, such as predictive analytics for supply chain management and automated customer service tools. With a growing client base that includes multinational corporations and innovative startups, XIX.


AI serves markets in North America, Europe, and Asia, ensuring that their products meet the diverse needs of a global audience. The revenue model for XIX. AI is primarily structured around subscription-based services, where clients pay a recurring fee for access to their software solutions. This approach allows organizations to seamlessly integrate AI capabilities into their existing systems and receive regular updates and support.


Partnerships with key industry players further enhance their offerings, providing clients with tailored solutions that meet specific demands. For instance, large enterprises might engage in contracts that include annual subscriptions for flagship services, while smaller businesses may opt for tiered pricing plans based on usage or feature access. By maintaining a flexible transaction structure, XIX. AI effectively caters to both B2B clients and direct-to-consumer markets, ensuring sustainable revenue growth and customer retention.


XIX. AI plans to leverage its recent SEED funding round from March 2017 to develop new products aimed at greater market share. The company is focusing on launching innovative AI applications tailored for the healthcare sector, with expected release dates in the second half of 2023. Additionally, XIX.


AI targets expansion into European and Asian markets to increase its global footprint, aiming to establish operational bases by 2024.


Current Investors

Y Combinator, Zillionize Angel, NewDo Venture

Primary Industry

Software

Sub Industries

Analytics & Performance Software

Website

www.xix.ai

Verticals

Artificial Intelligence

Company Stage

Angel & Seed

Total Amount Raised

Subscriber access only

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.