Xora

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Xora - overview

Established

1999

Location

Mountain View, CA, US

Primary Industry

Software

About

Xora provides mobile workforce management solutions to enhance operational efficiency across various industries, focusing on tools for project management and field service operations to improve productivity and communication. Founded in 1999, Xora operates from Mountain View, US, specializing in mobile workforce management solutions. In February 2014, ClickSoftware Technologies Ltd. acquired Xora for USD 14.


7 mn, marking a significant milestone in its business evolution. The company has successfully engaged in six funding deals, with its latest transaction occurring on February 18, 2014, resulting in a total amount raised of USD 14. 7 mn. Xora specializes in offering a suite of mobile workforce management solutions designed to enhance operational efficiency for businesses in various sectors.


Their core products include mobile data collection applications and workforce management tools that help organizations streamline processes such as project management, field service operations, and customer engagement. The solutions enable users to track work progress in real-time, optimize resource allocation, and improve communication between team members, ultimately addressing challenges related to productivity and operational oversight. Xora’s clientele encompasses a diverse range of industries, including construction, transportation, and field services, where end-users consist of project managers, field workers, and corporate decision-makers. The company's products are predominantly marketed in the North American and European regions, catering to enterprises that seek to leverage technology in their daily operations.


Xora generates revenue primarily through a subscription-based model, where clients pay for access to their mobile applications and management tools. The transaction structure typically involves businesses entering into annual or multi-year agreements, allowing for continuous use of the software as well as access to updates and customer support. Pricing plans are tiered based on the number of users and features included, ensuring clients can choose a package that best fits their operational needs. The flagship product offerings facilitate direct transactions and partnerships with businesses looking to enhance their field service management capabilities.


Such arrangements not only secure recurring revenues for Xora but also foster long-term relationships with clients seeking to improve their workforce efficiency through technological solutions. Following the acquisition by ClickSoftware in March 2014, Xora aims to leverage its existing technology and customer base to develop new products that enhance mobile workforce management capabilities. The company is targeting expansion into additional North American markets by the end of 2024, with a focus on enhancing its software offerings. The recent funding from the acquisition will support these initiatives, allowing for increased investments in product development and market outreach.


Current Investors

SoundView Ventures, MMV Capital Partners, RHO

Primary Industry

Software

Sub Industries

HR & Workforce Software

Website

www.xora.com

Verticals

FinTech

Company Stage

Acquired

Total Amount Raised

Subscriber access only

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