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XOPS, a San Francisco-based autonomous IT company founded in April 2022, specializes in powering business-critical operations for large enterprises through a system of intelligence that provides universal visibility across systems, operational intelligence, and complete lifecycle context. The platform integrates with global systems, supply chains, and service providers to automate mundane tasks, enabling IT teams to focus on strategic initiatives while achieving outcomes such as 80% error reduction, 60% process acceleration, and 20% cost savings on average. Already deployed in Fortune 500 companies, XOPS delivers measurable results within days, including 95% reductions in staffing for major projects, enhanced asset tracking accuracy, compliance adherence, and minimal downtime.
The company’s latest funding round, a $40 million Seed investment, marks its emergence from stealth mode. This round was co-led by Activant Capital and FPV Ventures, with Andrew Steele from Activant and Pegah Ebrahimi from FPV joining the board of directors. No additional investors were disclosed in public announcements.
Co-founders Mayan Mathen (CEO) and Andrew Robinson lead XOPS, bringing experience in scaling technology ventures and redefining business operations. The executive team includes Chief Product Officer Cisco Sanchez (formerly at Qualcomm and FedEx Ground), Chief Revenue Officer Brandon Kwong (previously at Box), and Chief Operating Officer Parisa Naseralavi (ex-ServiceNow), combining expertise in enterprise software, operations, and scaling.
The funds will support expansion of operations and development efforts, accelerating the platform’s growth to meet demand for autonomous IT solutions in complex enterprises. This investment aligns with rising enterprise needs, as modern IT generates overwhelming telemetry volumes beyond human capacity, necessitating autonomous systems for processing and action. XOPS positions itself in a market where traditional IT struggles with manual processes, inconsistencies, and high costs, offering a transformative approach that optimizes expenses, ensures compliance, and improves employee experiences.
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Investor enthusiasm highlights XOPS’s potential: Andrew Steele noted the platform’s role in defining next-generation software through autonomous intelligence, already delivering scaled ROI in large enterprises. Mayan Mathen emphasized the platform’s ability to handle enterprise data autonomously, addressing cognitive limits in IT operations.
This round represents a strong validation for XOPS, enabling it to build on early traction with major clients and expand its autonomous capabilities. In a broader context of AI-driven enterprise tools, the funding positions XOPS to capture share in the growing autonomous IT sector, potentially disrupting legacy operations management by prioritizing efficiency and innovation.
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