Xena Intelligence
Year founded: 2021
Headquarters: Louisville
Number of employees: 20
Founder: Akhil Suresh Nair, CEO
Amount of capital raised: $700,000
Notable investors: Render Capital, Keyhorse Capital, Techstars NYC
Description: Xena is an artificial intelligence (AI)-powered e-commerce growth platform that helps brands grow on platforms like Amazon and Walmart through automation and AI.
What are some major milestones in the company’s history?
Techstars NYC 2022 Accelerator Program ($120,000 funding; Render Competition Winner 2021 ($100,000 funding); Vogt Award winner 2022 ($25,000 grant); KeyHorse Capital ($125,000 funding); 5 Across Finals 2022 winner ($55,000 funding); Prepare4VC Top 21 Startups of ‘21; MassChallenge 2020 finalist.
What is your company working on right now?
Fundraising for a seed round and product development, along with building out a solid sales process.
What’s on the horizon for your company in 2023?
Employee growth, seed round fundraising ($5 million).
Why grow your company in/from Kentucky?
I moved from Boston to Louisville last year and I have made Louisville my home. I believe all the success Xena has seen so far is because of the community support.
Louisville is the best place for a fast-growing SaaS [software-as-a-service] company.
Give us one bold prediction in 2023 for startups, technology or venture capital/fundraising?
There will be a huge boost in e-commerce growth and all startups in the e-commerce space will see a huge boost.