# Xpansiv funding: rounds and investors > Xpansiv has raised $260M across 3 rounds since 2019. Investors include Goldman Sachs, Bank of America and Verdane. Every round with its source. Source: https://millionrounds.com/company/xpansiv (Millionrounds; every figure on the page links to its filing or article) United States · [Growth startup](https://millionrounds.com/companies) # Who invested in *Xpansiv* 3 rounds we have observed, with the 7 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it. Fintech IT Services Raised 2 months ago Valuation: $2.0B, Oct 2024 Funding summary Updated 26 Oct 2026 **$260M** raised across 3 rounds since 2019, from 3 sources **$10M** Series A **$125M** Growth **$125M** Growth - **Latest round:** Growth, $125M Sept 2026 - **Investors:** 7 See who backed them ## The funding story Each circle is a round, placed by date and sized by amount. The line above is the running total. 2019 2020 2021 2022 2023 2024 2025 2026 **$10M** Series A **$125M** Growth **$125M** Growth - **First round:** Series A, $10M - **Biggest round:** $125M - **Usual gap between rounds:** 4 years ## The rounds - **Sept 2026** Growth **$125M** *1 new* *2 returning* [Goldman Sachs](https://millionrounds.com/fund/goldman-sachs) [Bank of America](https://millionrounds.com/fund/bank-of-america) [Verdane](https://millionrounds.com/fund/verdane) Source recorded - **Jan 2023** Growth **$125M** *2 new* [Goldman Sachs](https://millionrounds.com/fund/goldman-sachs) [Bank of America](https://millionrounds.com/fund/bank-of-america) Source recorded SEC filing: $30M sold, first sale Apr 2020 - **Jan 2019** Series A **$10M** *4 new* [BP](https://millionrounds.com/fund/bp-ventures) [S&P Global](https://millionrounds.com/fund/s-and-p-global) [Energy Innovation Capital](https://millionrounds.com/fund/energy-innovation-capital) [Avista Development](https://millionrounds.com/fund/avista-development) Reported by FinSMEs ## Founders and team From Xpansiv's own website and the SEC filings it signed: 13 on the team. - **John M. Melby** Chief Executive Officer - **Ben Stuart** Chief Commercial Officer - **Frank McAnally** Chief Financial Officer - **Karen Miller** Chief People Officer - **Paul Sestili** Chief Operating Officer - **Erika M Crandall** Chief Risk Officer - **Henrik M Hasselknippe** Chief Platform Officer - **Nathan M Rockliff** Chief Strategy Officer - **Seshadri M Sundaram** Chief Technology Officer - **Benjamin M Stuart** Executive Officer, Director i - **Francis M McAnally** Executive Officer i - **Michael M Goldstein** General Counsel - **Paul M Sestilli** Executive Officer i On the board, as filed i *Alexander M Lue* *Bilal M Khan* *Chad M Bown* *Jean M Rogers* *John Klinck* *Joseph Madden* *Lawrence Leibowitz* *William J. Stewart* ## Who was in which round The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led. **Series A** 2019 **Growth** 2023 **Growth** 2026 [Goldman Sachs](https://millionrounds.com/fund/goldman-sachs) [Bank of America](https://millionrounds.com/fund/bank-of-america) [Verdane](https://millionrounds.com/fund/verdane) [BP](https://millionrounds.com/fund/bp-ventures) [S&P Global](https://millionrounds.com/fund/s-and-p-global) [Energy Innovation Capital](https://millionrounds.com/fund/energy-innovation-capital) [Avista Development](https://millionrounds.com/fund/avista-development) ## Everyone who backed them [Goldman Sachs](https://millionrounds.com/fund/goldman-sachs) Private equity **2** rounds [Bank of America](https://millionrounds.com/fund/bank-of-america) Company **2** rounds [Verdane](https://millionrounds.com/fund/verdane) Private equity **1** round [BP](https://millionrounds.com/fund/bp-ventures) Angel network **1** round [S&P Global](https://millionrounds.com/fund/s-and-p-global) Growth equity **1** round [Energy Innovation Capital](https://millionrounds.com/fund/energy-innovation-capital) VC firm **1** round [Avista Development](https://millionrounds.com/fund/avista-development) VC firm **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=xpansiv). ## Also claim to have backed them These 5 firms list Xpansiv as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above. [Thirdstream Partners](https://millionrounds.com/fund/thirdstream-partners) VC firm Per its own site [Skyview Ventures](https://millionrounds.com/fund/skyview-ventures) VC firm Per its own site [APX](https://millionrounds.com/fund/apx-4) Investment firm Per its own site [Atlas Merchant Capital](https://millionrounds.com/fund/atlas-merchant-capital-llc) Private equity Per its own site [Global Investors](https://millionrounds.com/fund/global-investors) Family office Per its own site ## Quick answers about Xpansiv ### Who invested in Xpansiv? Xpansiv's investors include Goldman Sachs, Bank of America, Verdane, BP and S&P Global, and 2 more on record. ### How much has Xpansiv raised? Xpansiv has raised $260M across 3 rounds since 2019. ### When did Xpansiv last raise? Xpansiv's most recent round was a Growth of $125M in Sept 2026. ### What was Xpansiv's biggest round? Its most recent round, $125M in Sept 2026, is also its largest on record. ### Who backed Xpansiv first? Xpansiv's first round on record, in Jan 2019, was backed by BP, S&P Global and Energy Innovation Capital and 1 others. ### What stage is Xpansiv at? Xpansiv's latest named round is a Growth, in Sept 2026. ### Where is Xpansiv based? Xpansiv is based in the United States. ## Companies like Xpansiv In the same sector, and raised in the last eighteen months. [**Kalshi** $2.7B · Oct 2026](https://millionrounds.com/company/kalshi)[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**Coast** $77M · Oct 2026](https://millionrounds.com/company/coast)[**CapitalOS** $52M · Oct 2026](https://millionrounds.com/company/capitalos)[**Whop** $400M · Oct 2026](https://millionrounds.com/company/whop)[**Gradient** $24M · Oct 2026](https://millionrounds.com/company/gradient) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app