XN
Description
XN is a prominent New York-based multi-strategy investment firm, founded by Gaurav Kapadia, a former partner at Soros Fund Management. Established with a vision to combine deep fundamental research with flexible capital deployment, XN operates as a hybrid fund, actively investing across both public and private markets. This dual focus allows the firm to capture opportunities across different stages of company development and market cycles, distinguishing it from traditional venture capital firms or pure-play hedge funds.
Investor Profile
XN has backed more than 31 startups, with 3 new investments in the last 12 months alone. The firm has led 6 rounds, about 19% of its total and boasts 5 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Series C, Series D, Post Ipo Equity rounds (top funding stages).
- Majority of deals are located in United States, India, United Kingdom.
- Strong thematic focus on Software, Robotics, Artificial Intelligence (AI).
- Typical check size: $20M – $100M.
Stage Focus
- Series C (26%)
- Series D (23%)
- Post Ipo Equity (10%)
- Series F (10%)
- Series E (6%)
- Seed (6%)
- Series Unknown (3%)
- Secondary Market (3%)
- Post Ipo Debt (3%)
- Series B (3%)
Country Focus
- United States (90%)
- India (6%)
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- United Kingdom (3%)
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Industry Focus
- Software
- Robotics
- Artificial Intelligence (Ai)
- Manufacturing
- Aerospace
- Machine Learning
- Information Technology
- Developer Tools
- 3d Technology
- Recycling
Frequently Asked Questions
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