Xelix Secures $160M Series B To Advance Agentic AI Innovation In Accounts Payable

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Xelix, a leading agentic AI software company in the Accounts Payable (AP) space, today announced a $160 million Series B funding round led by global software investor Insight Partners, with follow-on investments from Passion Capital and LocalGlobe. This funding will enable Xelix to accelerate platform development and support more organizations in adopting AI for their finance operations.