XBE lands PSG growth investment to speed product and hiring push

What's the deal? XBEDealroom has a profile for this one. Try Dealroom →, a Kansas City-based software platform for heavy materials, logistics and construction, has announced a growth investment from PSGDealroom has a profile for this one. Try Dealroom →. Founder and CEO Sean Devine and existing investor Banneker PartnersDealroom has a profile for this one. Try Dealroom → will retain significant ownership positions, while Devine continues to lead the company. The investment amount was not disclosed.

Why now? XBE says it will use the additional resources to accelerate product development and expand its customer community. The company launched Agent XBE in the first quarter of 2026 and introduced All-22, a ready-mix dispatch solution, in the second quarter.

The signal. The transaction gives XBE more capacity to invest in its platform and people as it builds software for asset-heavy industries across North America.

Image credit: Generated with Gemini

Read more: AP News