- Unicorner
- Posts
- XeneX
🦄 Unicorner Startup of the Week:
XeneX
✍️ Notes from the Editors
Today's article is brought to you by Qnetic. Invest in revolutionary energy storage technology to decarbonise the grid.
In an epic moment for the Unicorner community, we’re excited to present both a company cover and a contributor who we met at the same Tech Week event we hosted in Los Angeles.
This week’s contributor, Maguire Papay, is the founder of Hokyo AI, a search engine for your internal engineering data—you can follow his journey online.
Security Operations Center as a Service (SOCaaS)
XeneX (aka Cloud Access) is a cybersecurity software firm specializing in Security Operations Center as a Service (SOCaaS). It offers a comprehensive, cloud-based security solution that integrates over 15 security tools and supports more than 700 data connectors, all through a single pane of glass interface. Its services are designed to provide 24/7 threat detection and response, phishing training, endpoint security, backup and restore, disaster recovery, and compliance monitoring.
XeneX primarily sells to Managed Service Providers (MSPs), which are third parties that manage entire non-core functionality for their customers like IT, cybersecurity, or human resources. XeneX also helps MSPs purchase cyber insurance on more agreeable terms through its relationship with underwriters and trust of the XeneX platform. XeneX's services meet various compliance standards, including PCI DSS, HIPAA, GDPR, NIST 800-53, and others.
🔗 Check it out: xenexsoc.com
In partnership with
Invest in the future of sustainable energy
Imagine a future where energy storage enables our world to be powered reliably 24/7 without fossil fuels. Invest in Qnetic to help make this future a reality.
Qnetic’s building the world’s largest kinetic battery. Storing energy using advanced rotor technology, Qnetic outperforms Li-ion batteries at a lower cost, offering unlimited daily discharges with zero degradation.
Unlike Li-ion batteries, which limit operators to one cycle per day, Qnetic’s solution is unlimited, maximizing operator revenue, reducing costs, and supporting dominance of solar and wind power. Backed by $110M in signed customer interest in a multi-trillion-dollar market, Qnetic is poised to lead the energy revolution.
Now, you can join the movement. Invest in Qnetic on Wefunder with as little as $300 and be part of the energy revolution.
This is sponsored content. Conduct your own research before making investment decisions.
💰 Business Model
XeneX primarily sells to MSPs and has several package-based options: it offers silver, gold, and platinum tiers depending on how many endpoints need to be secured and what resources need monitoring. Its customers pay monthly or annual subscriptions and use XeneX to offer a whole suite of capabilities to their own customers.
📈 Traction and Fundraising
Raised a friends and family over 4 years in 2012 as CloudAccess
Grew 4x in 2024
Partnered with Malwarebytes and cloud providers such as AWS, Microsoft, and Google
Currently raising a Series A
📖 Founder Story
 Kevin Nikkhoo, CEO | Xenex CEO Kevin Nikkhoo has both a Master’s in computer engineering and an MBA from USC, making him well-equipped to conduct business in the technically challenging cybersecurity space. He is a seasoned entrepreneur having started and sold three previous ventures. Nikkhoo is active in the cybersecurity community, which was part of the inspiration to start XeneX and provide MSPs with a comprehensive cybersecurity platform. |
💼 Opportunities
🔮 Our Analysis
Cybersecurity has become increasingly important as work continues to migrate online and into the cloud. It’s a difficult and intricate subject with severe repercussions for mistakes. Businesses who would prefer to focus on their core competencies need to find trusted sources to manage their cybersecurity posture, a problem many are turning to MSPs for. Given the ever-growing need for cybersecurity solutions, XeneX is uniquely positioned to provide a comprehensive platform to MSPs, allowing them to better service their own customers.
XeneX’s software is a robust, performance-optimized cybersecurity solution developed over years to handle complex tasks with exceptional efficiency. Compared to other products on the market, XeneX has a wide variety of capabilities all packaged into one place, making it easy for MSPs to service their customers without using multiple vendors or hiring specialty personnel. XeneX has put considerable effort into building its software agnostic to the types of data it is monitoring, allowing MSPs who choose XeneX to future-proof themselves.
The landscape for this market is incredibly complex, both in technical challenges and business strategies. CEO Kevin Nikkhoo is a seasoned veteran and has been pioneering in the cybersecurity space since 2005. Under his leadership, the company is continuing to grow and expand its market share, with plans to move global. Strong leadership and a trusted platform give us confidence that XeneX will continue to grow.
📚 Further reading
Written by Maguire Papay
Is this week's company a future unicorn? |
Long Angle: A Vetted Community for High-Net-Worth Entrepreneurs and Executives
Long Angle is a private, vetted community for 30-55 year-old entrepreneurs and executives with a net worth of $5M to $100M.
Engage in confidential discussions, live meetups, peer advisory groups, and get access to curated alternative investments.
No membership fees.
Sponsored content
If you enjoyed today's article, forward this email to a friend!
If you're just seeing this email now, subscribe here.
Made with 💜 by the Unicorner team 🦄
Unicorner has been compensated by Qnetic for publicizing the offering of Qnetic’s crowdfunding round. Read the full 17(b) disclosure on our website.
Nothing in this email constitutes investment or legal advice. Readers should conduct their own research before making investment decisions.