![](https://peakequity.com/wp-content/uploads/2020/07/xeeva-logo-color.png)
AI-Powered Spend Management
Software
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Location
Detroit, MI -
Website
www.xeeva.com -
Status
Exited -
Investment Date
April 2018 -
Fund
PeakEquity
Partners I, L.P. -
Leadership
Nina Vellayan, President & CEO -
Social
Exit Date
November 2022
![](https://peakequity.com/wp-content/uploads/2020/07/xeeva-screen-cropped-screenshot.jpg)
![](https://peakequity.com/wp-content/uploads/2020/07/xeeva-screen-cropped-screenshot.jpg)
Xeeva is a global provider of intelligent cloud-based procurement software and financial solutions for indirect spend and MRO.
Xeeva’s software suite automates the source-to-pay process with open communication for e-invoicing, procurement, and sourcing.
![](https://peakequity.com/wp-content/uploads/2020/07/Xeeva-about_overview.jpg)
Key Highlights
![Multi-Billion Addressable Market](https://peakequity.com/wp-content/uploads/2020/07/multi-billion-dollar-addressable-market-1.png)
![45+ Countries Globally](https://peakequity.com/wp-content/uploads/2020/07/45-countries-regular.png)
![70+ Spend Categories](https://peakequity.com/wp-content/uploads/2020/07/70-plus-spend-categories.png)
![4 Patented Solutions](https://peakequity.com/wp-content/uploads/2020/07/4-patented-solutions-regular-1.png)
THE PEAKEQUITY IMPACT
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Made key leadership additions and built out independent Board of Directors
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PeakEquity operating executive worked closely with management to drive key initiatives
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Improved commercialization of product suite through product positioning, branding, expansion into new verticals, and improved lead generation strategy