How Much Did Xpansiv Raise? Headquarters, Funding & Key Investors

Xpansiv, founded in 2016 and headquartered in San Francisco, California, has raised a total of $712 million across multiple funding rounds. This includes a $10 million Series A in January 2019, a $100 million Series C in September 2021, a $400 million Series D in July 2022 led by Blackstone, and a $125 million Series D follow-up in January 2023 with Bank of America and Goldman Sachs, reaching a $1.2 billion valuation. The company operates a global marketplace for ESG commodities, including carbon offsets and RECs, connecting corporations and investors

How Much Did Xpansiv Raise? Funding & Key Investors

Xpansiv has raised significant capital across multiple funding rounds, with backing from leading firms such as Blackstone, CommBank, and BP Ventures. The platform serves as the world’s liquidity hub for ESG commodities, including carbon offsets, Renewable Energy Certificates (RECs), and differentiated fuels, providing a centralized marketplace for buyers and sellers to meet their ESG commitments.

What Is Xpansiv and What Does It Do?

Xpansiv, founded in 2016 by Jeff Cohen, Jason Libersky, and Joe Madden, is headquartered in San Francisco, California. The company operates an offsets and renewable energy marketplace, enabling corporations, investors, and governments to efficiently trade ESG commodities.

Xpansiv’s platform provides real-time pricing, settlement services, and analytics tools for carbon offsets, RECs, and other environmental commodities. By connecting buyers and sellers globally, it helps organizations achieve sustainability targets, meet regulatory requirements, and optimize ESG investments.

With a team of 201-500 employees, Xpansiv works with major clients and partners across finance, energy, and corporate sustainability sectors.

How Much Funding Has Xpansiv Raised?

1. Series A

Amount Raised: $10M
Date: January 2019
Lead Investors: BP Ventures, Avista Development, S&P Global, Energy Innovation Capital
Motivation: To accelerate the development of Xpansiv’s market infrastructure and Intelligent Commodities product rollout.

2. Series C

Amount Raised: $100M
Date: September 2021
Lead Investors: CEFC, CommBank, Hartree Partners, Wilson Asset Management
Motivation: To expand trading capabilities and scale the platform globally.

3. Series D

Amount Raised: $400M
Date: July 2022
Lead Investors: Blackstone
Motivation: To increase market reach, onboard new partners, and enhance platform technology.

4. Series D

Amount Raised: $125M
Date: January 2023
Lead Investors: Bank of America, Goldman Sachs
Motivation: To provide additional capital for operational scaling and global expansion.

Total Funding Raised: $712 Million

Current Valuation: $1.2 Billion (as of July 2022)

Latest Funding Date: January 2023

Key Investors

1. Blackstone

Details: Global investment firm focusing on alternative assets and financial markets.
Investment Focus Areas: Private equity, real estate, infrastructure, and sustainable investments.
Notable Investments: Xpansiv, Refinitiv, Cheniere Energy.

2. CommBank

Details: Leading Australian bank with a focus on sustainable finance initiatives.
Investment Focus Areas: Banking, renewable energy, ESG investments.
Notable Investments: Xpansiv, renewable energy portfolios.

3. BP Ventures

Details: Venture arm of BP, investing in clean energy and technology solutions.
Investment Focus Areas: Energy transition, sustainable technologies, carbon markets.
Notable Investments: Xpansiv, Solstice Energy, Carbon Clean.

4. Goldman Sachs

Details: Multinational investment bank providing capital markets and advisory services.
Investment Focus Areas: Financial services, ESG investing, technology.
Notable Investments: Xpansiv, renewable energy funds, Green Bond projects.

Where Is Xpansiv’s Headquarters?

Xpansiv is headquartered in San Francisco, California, a global hub for technology, sustainable finance, and environmental innovation. This strategic location provides access to ESG investors, renewable energy partners, and cutting-edge technology talent.

What’s Next for Xpansiv?

Xpansiv aims to expand its global marketplace for ESG commodities, onboarding additional partners and increasing liquidity for carbon offsets and RECs. The company is focused on enhancing its analytics tools, scaling trading infrastructure, and exploring new differentiated energy commodities.

With over $700M in total funding, Xpansiv is well-positioned to lead the digital transformation of ESG commodity trading and capture a growing share of the global sustainable markets.

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