XCLAIM
Xclaim provides a marketplace for trading bankruptcy claims, particularly those associated with crypto companies, enabling claim holders to recover funds more efficiently. The platform employs a matching engine to deliver real-time market valuations and facilitate transactions with verified buyers.
- Category: Debt & Credit Issues
- Location: Los Angeles, California, United States
- Founded: 2018-11-01
- Total funding: 18445000
- Website: https://x-claim.com
Product & Features
- Xclaim provides a marketplace for claim holders to sell their claims with access to over 1,000 registered buyers.
- The platform facilitates transparent pricing and market-standard terms for efficient transactions.
- Users can engage in public auctions to maximize buyer competition and enhance sale values.
- Xclaim offers private sales through an expert brokerage team to discreetly solicit bids from institutional buyers.
- The service includes financing options to help maintain control and reduce risk during claim litigation.
- Claim holders receive funds securely within two days of signing, with payment options in USD, stablecoin, or crypto.
- Xclaim's tools optimize deal structuring to align with individual business objectives and enhance recovery outcomes.
Notable Customers
- Crypto Investment Fund FTX
- Crypto Management LLC Genesis
- Celsius
- BlockFi
- Voyager
- Wall Street Journal
- Reuters
- Reorg
- Crunchbase
- Coinbase
- Bloomberg
Funding Rounds
- Seed Extension — $6.6M (2021-06)
Investors
Similar Companies
Frequently Asked Questions
What is XCLAIM?
Xclaim provides a marketplace for trading bankruptcy claims, particularly those associated with crypto companies, enabling claim holders to recover funds more efficiently. The platform employs a matching engine to deliver real-time market valuations and facilitate transactions with verified buyers.
What does XCLAIM do?
Xclaim provides a marketplace for claim holders to sell their claims with access to over 1,000 registered buyers. The platform facilitates transparent pricing and market-standard terms for efficient transactions. Users can engage in public auctions to maximize buyer competition and enhance sale values.
Who are XCLAIM's customers?
XCLAIM's customers include Crypto Investment Fund FTX, Crypto Management LLC Genesis, Celsius, BlockFi, Voyager, Wall Street Journal.
How much funding has XCLAIM raised?
XCLAIM has raised 18445000 across 1 funding round.
Who are XCLAIM's investors?
XCLAIM's investors include First Round, Freestyle Capital, General Catalyst, Luge Capital, Quiet Capital.
What category does XCLAIM fall under?
XCLAIM is a legal technology company in the (Cons) Debt & Credit Issues category.