Xero
Accounting software company
Xero Limited is a New Zealand technology company that provides cloud-based accounting software for small businesses. The company has offices in New Zealand, Australia, the United Kingdom, the United States, Canada, South Africa and Singapore. Xero's products are based on the software-as-a-service model and sold by subscription, based on the type and number of entities managed by the subscriber. The products are used in over 180 countries.
History
On July 6, 2006, Xero was founded by Rod Drury and Hamish Edwards in Wellington, where Xero Limited's headquarters are still located. The company was originally called Accounting 2.0.
Xero listed on the New Zealand Exchange in June 2007, raising NZ$15 million in its IPO.
During its early international expansion, Xero raised capital from investors including MYOB co-founder Craig Winkler, Peter Thiel's Valar Ventures, Matrix Capital Management and Accel Partners.
In November 2012, Xero also listed on the Australian Securities Exchange (ASX), while retaining its NZX listing.
By 2017, Xero had more than one million customers globally, and the following year, it had more than one million subscribers in Australia and New Zealand. In April 2018, Steve Vamos was appointed as CEO, replacing Rod Drury who remained on the board as a non-executive director until 2023.
Begin with the source’s own compact description: “Xero” is accounting software company. The dossier treats that line as a proposition to test through Xero, Accounting and software, not as a finished interpretation.
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The phrase “accounting software company” supplies a clear boundary for inquiry. It also exposes the unanswered questions: who defined that boundary, when it became stable and which sources sit outside it.
Datasets, specimens, observations and peer-reviewed methods provide the appropriate test for the technical claims summarized here. The source revision retrieved here is dated Sep 8, 2026. The linked authority identifier is Q8043794. 2 of 2 selected statements include explicit references; 1 carry qualifiers and 0 use preferred rank. The first chronological checks are 2006, 2007, 2012 and 2017.
Scientific names, classifications and consensus can change while older terminology persists in catalogues and historical literature. The lead is largely declarative, so disagreement and counter-evidence require a deliberate search beyond the opening account. Authority statements aid reconciliation but still require their own references, qualifiers and ranks to be checked.
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This entry incorporates text from “Xero” on English Wikipedia. Contributors are listed in the page history. Text is available under the Creative Commons Attribution-ShareAlike 4.0 License. Selected authority identifiers and statements are retrieved from Wikidata under CC0; their references and qualifiers remain part of the verification path.