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Insight Partners led a $160m Series B round in Xelix.

Synopsis

Insight Partners, a global venture capital and private equity firm, led a $160m Series B round in Xelix, an agentic AI software company, with participation from Passion Capital and LocalGlobe. "This funding marks a major milestone in our journey. It allows us to accelerate product innovation, expand our market presence and reinforce our position as a category leader – enabling more finance teams to evolve Accounts Payable from a manual back-office function into a strategic, data-driven business partner," Paul Roiter, Xelix CEO.

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MergerLinks - Insight Partners led a $160m Series B round in Xelix.