FundedIQ
Community and Lifestyle

XS Financial: Funding, Investors & Team (Sep 2026)

Founded in 2017, XS Financial specializes in providing CAPEX financing solutions to cannabis companies in the United States. In addition, XSF has partnered with over 250 original equipment manufacturers (OEM) through its network of Preferred Vendor partnerships. This powerful dynamic provides an end-to-end solution for customers which results in recurring revenues, strong profit margins, and a proven business model for XSF stakeholders. The Company's subordinate voting shares are traded on the Canadian Securities Exchange under the symbol "XSF". For more information, visit: www.xsfinancial.com.

xsfinancial.com LinkedIn Los Angeles, United States 51-100 employees
Cannabis Financial Services Leasing B2B Leaseback Equipment financing And cannabis leasing
Total raised
$41.5M
Rounds
3
Latest
Undisclosed round
Dec 2022

XS Financial has raised $41.5M across 3 funding rounds on record, the most recent an undisclosed round of $15.0M announced in Dec 2022.

That round is above the $2.3M median round size for Community and Lifestyle companies tracked on FundedIQ over the last two years.

XS Financial Company Profile and Key Stats

Total funding raised
$41.5M
across 3 rounds on record
Funding rounds on record
3
Latest funding round
Undisclosed round
$15.0M in Dec 2022
Employees
51-100
reported band
Headquarters
Los Angeles, United States

Latest funding round on record: Dec 2022.

XS Financial Funding Rounds

Date
Round
Amount
Undisclosed round
$15.0M
Post-IPO Debt
$24.0M
Convertible Note
$2.5M

XS Financial raised $2.5M in a Convertible Note announced in Nov 2021.

9 months later, a Post-IPO Debt of $24.0M was announced in Aug 2022.

4 months later, an undisclosed round of $15.0M was announced in Dec 2022.

XS Financial Founders and Leadership Team

Name
Role
Contact
David Kivitz
CEO

No contact details are on record for this team yet.

XS Financial Funding Compared to Other Community and Lifestyle Startups

Segment
Companies
Median round

XS Financial's latest round of $15.0M is above the median round in Community and Lifestyle. Medians cover the last 24 months of disclosed rounds.

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XS Financial Funding FAQs

What does XS Financial do?

Founded in 2017, XS Financial specializes in providing CAPEX financing solutions to cannabis companies in the United States. In addition, XSF has partnered with over 250 original equipment manufacturers (OEM) through its network of Preferred Vendor partnerships. This powerful dynamic provides an end-to-end solution for customers which results in recurring revenues, strong profit margins, and a proven business model for XSF stakeholders. The Company's subordinate voting shares are traded on the Canadian Securities Exchange under the symbol "XSF". For more information, visit: www.xsfinancial.com.

How much funding has XS Financial raised?

XS Financial has raised $41.5M across 3 rounds on record. The most recent is an undisclosed round of $15.0M announced in Dec 2022.

When did XS Financial last raise funding?

XS Financial's most recent funding round on record is an undisclosed round of $15.0M, announced in Dec 2022.

Who is the CEO of XS Financial?

David Kivitz is listed as CEO at XS Financial.

Where is XS Financial headquartered?

XS Financial is based in Los Angeles, California, United States.

How many employees does XS Financial have?

XS Financial is in the 51-100 employee band.

How does XS Financial's funding compare to other Community and Lifestyle startups?

XS Financial's latest round of $15.0M is above the $2.3M median round size for Community and Lifestyle companies on FundedIQ across 1,484 tracked companies over the last two years.

About FundedIQ's XS Financial Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for XS Financial is left off this page rather than filled in.

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