XBE Raises Growth Capital

XBE, based in Kansas City, Missouri, is a software platform provider that integrates the physical, commercial, and financial operations for the heavy materials, logistics, and construction industries. The company has announced a growth investment round to accelerate product innovation and scale its agentic platform capabilities.

Investors

This growth investment was provided by PSG, a growth equity firm focused on software and technology-enabled services. Banneker Partners, an existing investor, will retain significant ownership and continue to support the company alongside PSG.

XBE Use of Funds

XBE plans to use the new capital to accelerate product development, strengthen its software platform, and expand its customer community. A primary focus for the investment is on recruiting talent to support the company’s ongoing innovation in operational software for the construction and logistics sectors.

About XBE

Founded in 2016 by Sean Devine, XBE provides a system of action and superworkforce platform designed for the heavy materials, logistics, and construction industries. The software integrates scheduling, dispatch, pricing, financial management, telematics, and bid forecasting into a single unified system to help contractors and producers optimize operations.

Funding Details

Company Website: https://www.x-b-e.com/

Company: XBE
Round: Growth Capital
Funding Date: August 19, 2026
Lead Investor: PSG
Additional Investors: Banneker Partners
Company Website: https://www.x-b-e.com/
Software Category: Construction Logistics Software
Source: https://www.businesswire.com/news/home/20260819328365/en/XBE-Announces-Growth-Investment-from-PSG-to-Help-Accelerate-Product-and-Community-Growth