Xanadu

What Xanadu does

Xanadu Consultancy Ltd is a private Irish technology company founded in 2011 that develops betting exchange software and provides operational support services to a single anchor client, Matchbook.com, one of the world's leading peer-to-peer betting exchanges. The company is headquartered in Cork, Ireland, with additional offices in London and Italy, and employs over 100 staff globally. According to company disclosures, Matchbook is the sole platform Xanadu supports, and the relationship dates to the company's inception.

Xanadu's core technology is a proprietary event-driven architecture built for high-performance transactional systems operating at exchange-scale throughput. Company materials state that the platform processes over 500 million API requests per day and handles billions of dollars in transaction volume—performance levels Xanadu compares to the New York Stock Exchange and frames as exceeding Amazon.com's Black Friday transaction throughput. The architecture is engineered for real-time event processing, low-latency matching, and high reliability under bursty load conditions typical of live betting markets.

Xanadu's business model is a long-term, exclusive B2B technology services engagement with Matchbook. The company provides software development, platform operations, and ongoing support; revenue mechanics and contract terms are not publicly disclosed. The go-to-market is direct enterprise, with no consumer-facing brand presence beyond Matchbook itself. This concentrated single-customer model provides revenue predictability tied to Matchbook's transaction volume, but it also creates total revenue dependency on one client's commercial and regulatory trajectory. No funding rounds, acquisitions, or leadership changes are disclosed in the available data, and named executives include Cian Nugent (COO), Michael O'Gorman (CTO), and Esme O'Flynn (Director, Business Analyst).

Name

Xanadu

Legal name

Xanadu Consultancy Ltd

Website

https://xanaduconsultancy.com

Company type

Private

Founded year

2011

Operating status

Operating

Headcount range

101–250 employees

Short description

Xanadu Consultancy Ltd is an Irish technology company that develops proprietary betting exchange software and provides operational support exclusively for Matchbook.com, processing over 500 million API requests daily across offices in Cork, London, and Italy with 100+ staff.

Ownership category

akta.pro rank

Product category

Betting Exchange Software

NAICS

Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (5182), Computer Systems Design Services (541512), Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232)

SIC

Services-Computer Processing & Data Preparation (7374), Services-Computer Programming, Data Processing, Etc. (7370), Services-Computer Integrated Systems Design (7373)

akta.pro primary industry

iGaming Platform Providers (Turnkey/Casino & Sportsbook Platforms) (MPAEAKAA)

akta.pro secondary industry

Payments Orchestration, Wallets & Alternative Payments Enablement (MPAEAKAH)

Keywords

• Betting exchange software
• Gambling technology services
• High-frequency transaction systems
• Betting platform development
• Exchange infrastructure engineering

Headquarters

HQ city

Cork

HQ country

Ireland

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Infrastructure

Revenue model

1. Software Development and Operational Services: Xanadu develops best-in-class betting software and provides operational support and services to Matchbook.com. The company operates as an exclusive technology and services provider for the betting exchange platform.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Xanadu develops and maintains the betting exchange software powering Matchbook.com, processing over 500 million API requests per day and handling billions of dollars in transactions. The platform is built on event-driven architecture designed to stock-exchange standards of reliability and scale, with the company providing ongoing operational support alongside software development.

Product overview

Xanadu is a technology company that develops betting software and provides operational support and services to Matchbook.com, one of the world's leading betting exchanges. The company operates a single core product, Matchbook, a betting exchange platform that processes over 500 million API requests per day. Xanadu was formed in 2011 and employs 100+ staff across Cork, London, and Italy.

Differentiator

Problem solved

Functional benefit

Products and services

• Matchbook betting exchange platform

Quantifiable outcome

• Processes more transactions each day than Amazon.com does on Black Friday
• +2 more outcomes

Named customers1 record

Segments1 record

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

One partnership is on record.

• Matchbook.comcoreOEM/ Whitelabel/ Licensing PartnerXanadu develops best-in-class betting software and provides operational support and services to Matchbook.com; one of the World's leading betting exchanges. This is a core operational partnership where Xanadu provides the technology platform powering the entire Matchbook exchange.

Scale indicators4 records

Recent moves4 records

Expansion highlights3 records

Market position

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights5 records

Customer concentration

• Xx.com/xanadu_ie
• LinkedInlinkedin.com/company/xanadu-consultancy

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Xanadu