Investments
60Portfolio Exits
5Partners & Customers
1About Xcel
Xcel is the first-of-its-kind program specifically designed for tech start-ups in the hospitality and retail sectors who are looking to scale, expand into new geography, or into a new industry. The program is built on years of collaborating with startups, corporates, and independent businesses.
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Expert Collections containing Xcel
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Find Xcel in 1 Expert Collection, including Restaurant Tech.
Restaurant Tech
20 items
Hardware and software for restaurant management, bookings, staffing, mobile restaurant payments, inventory management, and more.
Latest Xcel News
Feb 1, 2023
02/01/2023 | 02:08pm EST Message : Minneapolis-based utility recognized by Fortune magazine for innovation, social responsibility and more For the tenth year in a row, Xcel Energy has been honored as one of the World’s Most Admired Companies by Fortune magazine. The Minneapolis-based utility ranked first in social responsibility and quality of management, placing second overall among the most admired gas and electric companies in the country. The ranking is based on nine criteria including innovation, social responsibility, financial soundness, long term investment value and quality of management. “Xcel Energy is honored to make Fortune magazine’s list of the World’s Most Admired Companies once again. It’s a testament to the dedication of our employees as we build a clean energy future for our customers and communities," said Bob Frenzel, chairman, president and CEO of Xcel Energy. “We’re grateful to be recognized for our clean energy leadership as we keep our service reliable, system resilient and customer bills low.” Xcel Energy aims to be a net-zero energy provider by 2050. The company was the first in its industry to have aggressive clean energy goals covering three large sectors of the economy: electricity, natural gas use in buildings and transportation. Fortune magazine partnered with Korn Ferry to conduct the survey on corporate reputation, focusing on large companies with revenue of $10 billion or more. The complete list and methodology can be found at www.Fortune.com . About Xcel Energy Xcel Energy (NASDAQ: XEL) provides the energy that powers millions of homes and businesses across eight Western and Midwestern states. Headquartered in Minneapolis, the company is an industry leader in responsibly reducing carbon emissions and producing and delivering clean energy solutions from a variety of renewable sources at competitive prices. For more information, visit xcelenergy.com or follow us on Twitter and Facebook . View source version on businesswire.com: https://www.businesswire.com/news/home/20230201005877/en/ © Business Wire 2023
Xcel Investments
60 Investments
Xcel has made 60 investments. Their latest investment was in Waffle as part of their Seed on November 11, 2018.
Xcel Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
11/7/2018 | Seed | Waffle | $0.14M | Yes | 2 | |
11/7/2018 | Seed - II | Trakbar | $0.14M | Yes | 2 | |
11/7/2018 | Seed | Sentiment Search | $0.14M | Yes | 2 | |
11/7/2018 | Seed | |||||
11/7/2018 | Seed - II |
Xcel Portfolio Exits
5 Portfolio Exits
Xcel has 5 portfolio exits. Their latest portfolio exit was ProtoPixel on July 19, 2021.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
|---|---|---|---|---|---|
7/19/2021 | Corporate Majority | 1 | |||
Date | 7/19/2021 | ||||
|---|---|---|---|---|---|
Exit | Corporate Majority | ||||
Companies | |||||
Valuation | |||||
Acquirer | |||||
Sources | 1 |
Xcel Partners & Customers
1 Partners and customers
Xcel has 1 strategic partners and customers. Xcel recently partnered with Target Corporation on December 12, 2018.
Date | Type | Business Partner | Country | News Snippet | Sources |
|---|---|---|---|---|---|
12/3/2018 | Partner | United States | Launching The Third Round of Retail Together With Target - METRO Accelerator -- Hansjoerg Sage , Co General Manager of Hospitality Digital , a subsidiary of METRO Accelerator that runs the wholesaler 's Accelerator programmes ... `` Target 's portfolio of accelerator programmes allows us to test a broad set of external innovations that can further differentiate and enhance our guest experience , The partnership with METRO Accelerator not only extends our reach globally to bring new ideas to Target , but it further helps start-ups understand how to scale . '' | 1 |
Date | 12/3/2018 |
|---|---|
Type | Partner |
Business Partner | |
Country | United States |
News Snippet | Launching The Third Round of Retail Together With Target - METRO Accelerator -- Hansjoerg Sage , Co General Manager of Hospitality Digital , a subsidiary of METRO Accelerator that runs the wholesaler 's Accelerator programmes ... `` Target 's portfolio of accelerator programmes allows us to test a broad set of external innovations that can further differentiate and enhance our guest experience , The partnership with METRO Accelerator not only extends our reach globally to bring new ideas to Target , but it further helps start-ups understand how to scale . '' |
Sources | 1 |
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