XING

A social network for business professionals to connect and share ideas and projects, as well as find suitable employment.

Launch date

Aug 2003

Employees

501-1000 people

Market cap

Net debt

-

Enterprise valuation

€1.3b (Public information from Dec 2020)

Company register number HRB 148078 (Hamburg)

Hamburg Germany (HQ)

http://www.xing.com

https://twitter.com/xing_com https://www.facebook.com/xingporto https://www.linkedin.com/company/xing https://apps.apple.com/app/id1482127215 https://play.google.com/store/apps/details?id=com.xing.android

Revenues, earnings & profits over time

EUR	2014	2015	2016	2017	2018	2019	2020
Revenues	101m	123m	149m	188m	225m	267m	316m
% growth	-	22 %	21 %	26 %	20 %	19 %	18 %
EBITDA	29.2m	36.6m	47.9m	58.0m	74.0m	89.0m	105m
% EBITDA margin	29 %	30 %	32 %	31 %	33 %	33 %	33 %
Profit	6.2m	17.6m	23.6m	25.0m	32.0m	42.0m	51.0m
% profit margin	6 %	14 %	16 %	13 %	14 %	16 %	16 %
R&D budget	-	39.0m	48.0m	68.0m	68.0m	-	-
R&D % of revenue	-	32 %	32 %	36 %	30 %	-	-

Source: Dealroom estimates

Date	Investors	Amount	Round
May 2004	b2venture	N/A	Angel
Nov 2005	Lakestar Wellington Partners b2venture	€5.7m	Series A
Dec 2006	N/A	€36.0m Valuation: €157m	IPO
Nov 2009	Hubert Burda Media	€48.3m	Post IPO Equity
Dec 2012	Hubert Burda Media	€66.2m Valuation: €241m	Secondary
Total Funding		€5.7m

By Country

Germany 9 Austria 2 Switzerland 1 United States 1 Spain 1

By Industry

Jobs Recruitment 9 Event Tech 2 Media 2 Telecom 2 Health 1

By Round

Xing Events (old Amiando)

ACQUISITION by XING Dec 2010

ACQUISITION by XING Jul 2017

ACQUISITION by XING Jan 2013

ACQUISITION by XING Apr 2016

ACQUISITION by XING Jul 2017

ACQUISITION by XING Dec 2008

Neurona Networking

ACQUISITION by XING Jun 2007

ACQUISITION Jan 2015

ACQUISITION by XING Jan 2008

ACQUISITION by XING Apr 2019