# XSeed Capital: portfolio, investments and team

> XSeed Capital is a vc firm based in United States. 58 investments on record, latest Aug 2020. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/xseed-capital (Millionrounds; every figure on the page links to its filing or article)

United States · [Investor](https://millionrounds.com/investors)

# XSeed Capital

Filed with the SEC to raise a fund in Sep 2024. Last cheque observed Aug 2020.

Email

Quiet New fund, Sept 2024 VC firm

Seed Series A Series B Augmented Reality Big Data & Analytics CloudTech

Follow XSeed Capital and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fxseed-capital)

Cheques on record

**0%** of best year **0** **cheques in 12 months**, 58 on record

Since the last cheque **2256** days **00** hrs **00** min **00** sec

Median round **$3.0M** Cheque size, as they say **$25K – $1.5M** Rounds led **0 of 58** Sole investor **8 rounds** Exits **4 from the portfolio** Mostly in **United States, 100%**

Pitch XSeed Capital

## XSeed Capital highlights

- 01 58 rounds on record
- 02 Mostly Seed and Series A: 74% of its rounds
- 03 Sole investor in 8 rounds, median $900K
- 04 4 exits from the portfolio

## What they do

> XSeed Capital is an early stage investment firm that works with entrepreneurs whose goal is to build category-leading, high growth companies From their own website

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** $25K – $1.5M as they say
- **Stages:** Seed Series A Series B Growth
- **Sectors:** Augmented Reality Big Data & Analytics CloudTech
- **Based in:** Portola Valley, United States
- **Cold pitches:** Accepted

## The record

Every round we can evidence, newest first **58 appearances**

- **2020** 1 round
- **Aug** **[Narrative](https://millionrounds.com/company/narrative)** Series A · US · Firms' own news pages **$8.5M** With 5 others
- **2018** 1 round
- **Jan** **[eSports One](https://millionrounds.com/company/esports-one)** Seed · US · FinSMEs **$3.0M** With 1 other
- **2017** 2 rounds
- **Mar** **[StatX](https://millionrounds.com/company/statx)** Seed · US · FinSMEs **$2.5M** With 4 others
- **Jan** **[Eloquent Labs](https://millionrounds.com/company/eloquent-labs)** Seed · US · TechCrunch **$1.5M** With 5 others
- **2016** 3 rounds
- **Nov** **[PeerWell](https://millionrounds.com/company/peerwell)** Seed · US · FinSMEs **$2.1M** Sole investor
- **Sept** **[HMicro](https://millionrounds.com/company/hmicro)** US · FinSMEs **$10M** With 2 others
- **Jan** **[Trifacta](https://millionrounds.com/company/trifacta)** **$35M** With 13 others
- **2015** 6 rounds
- **Oct** **[Cape Productions](https://millionrounds.com/company/cape-productions)** Venture · US **$10M** With 4 others
- **Sept** **[SimplyCredit](https://millionrounds.com/company/simplycredit)** Seed · US **$1.5M** With 1 other
- **Jun** **[AtScale](https://millionrounds.com/company/atscale)** Series A · US **$7.0M** With 3 others
- **Jun** **[Caller Zen](https://millionrounds.com/company/caller-zen)** Seed **Undisclosed** Sole investor
- **May** **[Lilt Inc.](https://millionrounds.com/company/lilt-inc)** Debt · US **$650K** Sole investor
- **Jan** **[The League](https://millionrounds.com/company/the-league)** Seed · US **$2.1M** With 12 others
- **2014** 5 rounds
- **Oct** **[Zipline Medical](https://millionrounds.com/company/zipline-medical)** Series C · US **$5.7M** With 3 others
- **Sept** **[Citrine Informatics](https://millionrounds.com/company/citrine-informatics)** Seed · US **Undisclosed** With 5 others
- **Jun** **[GeneWEAVE](https://millionrounds.com/company/geneweave)** Series B · US **$12M** With 2 others
- **May** **[CirroSecure](https://millionrounds.com/company/cirrosecure)** Seed · US **$1.6M** With 2 others
- **Jan** **[Zipline Medical](https://millionrounds.com/company/zipline-medical)** Series C · US **$4.3M** With 2 others
- **2013** 10 rounds
- **Oct** **[Pixlee](https://millionrounds.com/company/pixlee)** Seed · US · finsmes.com **$1.5M** With 5 others
- **Sept** **[DropThought](https://millionrounds.com/company/dropthought)** Series A · US · venturebeat.com **$2.5M** With 1 other
- **Sept** **[Breezeworks](https://millionrounds.com/company/breezeworks)** Seed · US **$2.0M** With 11 others
- **Sept** **[Chatous](https://millionrounds.com/company/chatous)** Seed · US **$2.1M** With 3 others
- **Aug** **[SIPX](https://millionrounds.com/company/sipx)** Series B · US · finsmes.com **$4.0M** With 3 others
- **Jun** **[Compass Quality Insight Inc.](https://millionrounds.com/company/compass-quality-insight-inc)** Seed · US · pehub.com **$2.0M** With 2 others
- **May** **[Lex Machina](https://millionrounds.com/company/lex-machina)** Series A · US · techcrunch.com **$4.8M** With 3 others
- **Apr** **[Neon Labs](https://millionrounds.com/company/neon-labs)** Seed · US · cmu.edu **$625K** With 3 others
- **Feb** **[Playnomics](https://millionrounds.com/company/playnomics)** Series B · US · techcrunch.com **$5.0M** With 2 others
- **Feb** **[BrightBox Technologies](https://millionrounds.com/company/brightbox-technologies)** Seed · US **Undisclosed** Sole investor
- **2012** 10 rounds
- **Oct** **[Trifacta](https://millionrounds.com/company/trifacta)** Series A · US · gigaom.com **$4.3M** With 4 others
- **Oct** **[SIPX](https://millionrounds.com/company/sipx)** Series A · US · sipx.com **$2.4M** With 2 others
- **Jul** **[Lex Machina](https://millionrounds.com/company/lex-machina)** Seed · US · pehub.com **$2.0M** With 6 others
- **Jul** **[VitaPath Genetics](https://millionrounds.com/company/vitapath-genetics)** Growth · US **$328K** With 1 other
- **Jul** **[Lex Machina](https://millionrounds.com/company/lex-machina)** Venture · US **$858K** With 1 other
- **Jul** **[CellScape](https://millionrounds.com/company/cellscape)** Venture · US **$1.1M** With 1 other
- **Apr** **[Zipline Medical](https://millionrounds.com/company/zipline-medical)** Series B · US · ziplinemedical.com **$5.0M** With 1 other
- **Apr** **[VitaPath Genetics](https://millionrounds.com/company/vitapath-genetics)** Series C · US **$4.7M** With 1 other
- **Feb** **[GeneWEAVE](https://millionrounds.com/company/geneweave)** Series A · US · live-pr.com **$12M** With 2 others
- **Feb** **[CellScape](https://millionrounds.com/company/cellscape)** Series B · US · elsevierbi.com **$9.3M** With 1 other
- **2011** 4 rounds
- **Jul** **[OPX Biotechnologies](https://millionrounds.com/company/opx-biotechnologies)** Series C · US · vcnewsdaily.com **$37M** With 5 others
- **Mar** **[Playnomics](https://millionrounds.com/company/playnomics)** Series A · US **Undisclosed** With 4 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

Named by the firm itself, on a filing, its Form ADV or its company registration **2 named**

MG **Michael Glen Borrus** Managing Member of the General Partner i Filing they signed

RE **Robert Eric Siegel** Managing Member of the General Partner i Filing they signed

We also hold **7** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## What the register says

From the firm's own filings with the SEC, which it must file accurately by law

**$120M** gross assets of its funds Oct 2026

**Exempt** reporting adviser venture or small private funds

- **Legal name:** X/seed Management Company, LLC
- **SEC number:** CRD 160343

## Exits from the portfolio

Companies it backed that were later bought or listed **4 in all**

**[Lex Machina](https://millionrounds.com/company/lex-machina)** Bought by [LexisNexis](https://millionrounds.com/fund/lexisnexis) **Undisclosed** Nov 2015

**[GeneWEAVE](https://millionrounds.com/company/geneweave)** Bought by Roche **$425M** Aug 2015

**[SIPX](https://millionrounds.com/company/sipx)** Bought by ProQuest **Undisclosed** Apr 2015

**[Playnomics](https://millionrounds.com/company/playnomics)** Bought by Unity Technologies **Undisclosed** Apr 2014

An exit counts when it came after the firm's first round in the company. From historical deal records.

New fund on file

**Raised**

a new fund in Sept 2024

From its SEC filing, not a journalist: a firm that has just raised has money to deploy.

## The cheque

Seed Series A Series B

Median round joined **$3.0M** the round, not its cheque Alone, median **$900K**

Led 0 of 58 rounds **0%**

- **Said size:** $25K – $1.5M
- **Sole investor:** 8 rounds
- **Last cheque:** Aug 2020
- **Exits:** 4 from the portfolio

Rounds by stage said on their site

- Seed said *24*
- Series A said *16*
- Series B said *7*
- Series C *4*
- Venture *3*
- Growth said *-*

Cheques by year Led Joined

2007 2020

Often in the room with

- [Mohr Davidow Ventures](https://millionrounds.com/fund/mohr-davidow-ventures) 10
- [Claremont Creek Ventures](https://millionrounds.com/fund/claremont-creek-ventures) 6
- [Ulu Ventures](https://millionrounds.com/fund/ulu-ventures) 4
- [AME Cloud Ventures](https://millionrounds.com/fund/ame-cloud-ventures) 3
- [Accel](https://millionrounds.com/fund/accel) 3
- [Metamorphic Ventures](https://millionrounds.com/fund/metamorphic-ventures) 3

**Pitching XSeed Capital?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

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## Who they invest alongside

The investors most often in the same rounds as XSeed Capital. A count of rooms they were both in, not a relationship either has claimed.

[**Mohr Davidow Ventures** VC firm **10** rounds together](https://millionrounds.com/fund/mohr-davidow-ventures)[**Claremont Creek Ventures** VC firm **6** rounds together](https://millionrounds.com/fund/claremont-creek-ventures)[**Ulu Ventures** VC firm **4** rounds together](https://millionrounds.com/fund/ulu-ventures)[**AME Cloud Ventures** VC firm **3** rounds together](https://millionrounds.com/fund/ame-cloud-ventures)[**Accel** VC firm **3** rounds together](https://millionrounds.com/fund/accel)[**Metamorphic Ventures** VC firm **3** rounds together](https://millionrounds.com/fund/metamorphic-ventures)[**RA Capital Management** Private equity **3** rounds together](https://millionrounds.com/fund/ra-capital-management)[**Seed Capital** VC firm **3** rounds together](https://millionrounds.com/fund/seed-capital)[**Altira Group** Private equity **2** rounds together](https://millionrounds.com/fund/altira-group)[**Braemar Energy Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/braemar-energy-ventures)[**Costanoa Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/costanoa-ventures)[**DCVC** VC firm **2** rounds together](https://millionrounds.com/fund/data-collective)

## Recently backed

The latest companies XSeed Capital put money into.

[**eSports One** $3.0M · Jan 2018](https://millionrounds.com/company/esports-one)[**StatX** $2.5M · Mar 2017](https://millionrounds.com/company/statx)[**Eloquent Labs** $1.5M · Jan 2017](https://millionrounds.com/company/eloquent-labs)[**PeerWell** $2.1M · Nov 2016](https://millionrounds.com/company/peerwell)

## On podcasts

2 episodes naming XSeed Capital in the title.

- [The Official SaaStr Podcast](https://millionrounds.com/podcasts/saastr) 21 Nov 2016 · 28 min SaaStr 076: What Metrics Seed Investors Require For Prospective SaaS Investments & What Makes The Best SaaS Investors with Rob Siegel, Partner @ XSeed Capital Mentions [XSeed Capital](https://millionrounds.com/fund/xseed-capital)[Robert Siegel](https://millionrounds.com/person/robert-siegel) Apple PodcastsShow page
- [The Twenty Minute VC](https://millionrounds.com/podcasts/20vc) 18 Jun 2015 · 21 min 20 VC 046: How VCs Evaluate Investment Opportunities with Alan Chiu, Partner @ XSeed Capital With [Alan Chiu](https://millionrounds.com/person/alan-chiu) Mentions [XSeed Capital](https://millionrounds.com/fund/xseed-capital) Apple PodcastsShow page

## Quick answers about XSeed Capital

### What does XSeed Capital invest in?

XSeed Capital invests most often at Seed and Series A (74% of the rounds on record), in sectors such as Augmented Reality, Big Data & Analytics and CloudTech.

### How active is XSeed Capital?

58 investments on record, 0 of them in the last 12 months. The most recent was in Aug 2020.

### What has XSeed Capital invested in recently?

Its most recent investments on record: Narrative (Series A, Aug 2020), eSports One (Seed, Jan 2018) and StatX (Seed, Mar 2017).

### How big are XSeed Capital's cheques?

The median round it joins is $3.0M. It says it writes cheques of $25K to $1.5M.

### Does XSeed Capital lead rounds?

Rarely, if at all: none of its 58 investments on record names it as the lead.

### Where does XSeed Capital invest?

Most of the companies it backs are in the United States (100%).

### Is XSeed Capital investing now?

No investments in the last 12 months; the latest was in Aug 2020.

### Who does XSeed Capital invest alongside?

Most often Mohr Davidow Ventures (10 rounds together), Claremont Creek Ventures (6 rounds together) and Ulu Ventures (4 rounds together).

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