Xero

● Verified today Last updated: May 20, 2026 Data last verified: May 26, 2026

Xero: $11B valuation, IPO Readiness 64, Public. Cloud-based accounting software for small businesses with over 5 million subscribers globally as of 2026. Track live on The IPO Stack.

PublicFintechpublic
64
/100
IPO Readiness Score
Grade C — Moderate IPO Readiness
TechStackIPO proprietary score based on funding scale, valuation, stage progression & momentum.
Track Xero →

Cloud-based accounting software for small businesses with over 5 million subscribers globally as of 2026.

Valuation
$11B
Total Funding
$900M
Stage
Public
Sector
Fintech
Headquarters
Wellington, New Zealand
CEO
Sukhinder Singh Cassidy
IPO Status
public

Funding History

Round Amount Date Lead Investors
Secondary $700M Mar 2015 Matrix Capital Management
Series D $150M Oct 2012 Peter Thiel
Series A $4M Jun 2008 Sam Morgan (TradeMe)
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Track Xero IPO timeline, funding rounds, investor activity, and valuation on TechStackIPO — the pre-IPO intelligence platform.

Frequently Asked Questions

When is Xero going public? +

Xero is already a public company.

What is Xero's current valuation? +

Xero is valued at $11B as of March 2015. This valuation is based on its most recent private funding round tracked by TechStackIPO.

How can I invest in Xero before IPO? +

Xero is already a public company. You can invest by purchasing shares on public stock exchanges.

What is Xero's IPO Readiness Score? +

Xero scores 64/100 (Grade: C) on TechStackIPO's IPO Readiness Index. The score evaluates funding scale, valuation trajectory, funding momentum, stage progression, and company maturity. Scores above 70 indicate strong near-term IPO potential.

How much total funding has Xero raised? +

Xero has raised $900M in total venture capital and private equity funding, with backing from Matrix Capital Management, Peter Thiel, Sam Morgan (TradeMe).

Who are Xero's key investors? +

Xero's notable investors include Matrix Capital Management, Peter Thiel, Sam Morgan (TradeMe). Full investor details, funding round history, and lead investor breakdowns are available on TechStackIPO.

What sector is Xero in? +

Xero is a Fintech company. Cloud-based accounting software for small businesses with over 5 million subscribers globally as of 2026.

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