Xero

Xero

Website
www.xero.com
Company Name
Xero
Company Location
Based in New Zealand, its headquarters are in Wellington with offices in Auckland, Christchurch and London, UK
Company’s Founder(s)
Rod Drury and Hamish Edwards
Company’s Shareholder(s)
Xero is a public company listed on the New Zealand Stock Exchange
Website Launch Date
July 2006
Number of Employees
57
Number of Paying Customers
6,000
Name of Each Package and Cost
Standard package £19 per month. A discounted pre-pay option offers its users 12 months membership for £289.
Free Trial
30 days

Company History

Founded by technology entrepreneur Rod Drury and specialist small business accountant Hamish Edwards, Xero advertises itself as the world’s easiest online accounting system.

Offering its users access to bank transactions, invoices, expenses and reports from across the globe, Xero was initially designed with small businesses in mind but has become an increasingly popular accounting system for large stock exchange listed companies.

The ambitious duo behind Xero met at software company AfterMail and, in 2006, Drury and Edwards combined their business acumen and accountancy experience to create a new online accounting system. By 2007, Xero was listed on the New Zealand Stock Exchange.

Xero now aims to ‘revolutionise small businesses’ around the world. For its founders, ‘that’s what (they’re) here to do.’

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About the Author - Tim Fouracre

Tim founded Clear Books in 2008. Like many small business owners he worked from home for 15 months to get his startup off the ground. Today Tim enjoys helping Clear Books, its customers and its growing team innovate and achieve. Tim did his GCE O Levels in Ghana.