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UK context behind Xero’s decision to raise US$150M – Gary Turner

Published by Uma Rajagopal

Posted on October 28, 2013

1 min read

· Last updated: January 22, 2026

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Gary Turner discussing Xero's US$150M funding announcement - Global Banking & Finance Review
This image features Gary Turner, co-founder of Xero, as he discusses the company's recent US$150M funding round involving prominent investors. This context is crucial for understanding the implications for the UK banking and finance sector.
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Gary Turner talks about the context behind the announcement that Xero has raised US$150 million from Matrix Capital Management, Peter Thiel’s Valar Ventures and a range of other investors.

Gary Turner talks about the context behind the announcement that Xero has raised US$150 million from Matrix Capital Management, Peter Thiel’s Valar Ventures and a range of other investors.

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