Nexite logo — Bring Your Merchandise to Life

Nexite

Bring Your Merchandise to Life

Founded 2017 Israel Israel 67 employees Series C Total: $100.00M IoT, Retail

General Information

Company Name Nexite
Founded Year 2017
Location Israel Israel +1
Employees 67
Industries IoT, Retail
Funding Stage Series C
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About Nexite

Nexite is a Retail startup headquartered in Israel, founded in 2018. The company's slogan, "Bring Your Merchandise to Life," encapsulates its mission of transforming passive products into active digital communicators. It achieves this by providing retailers with a continuous stream of real-time data from the merchandise, offering insights into the complete life story of each product, from production to customer acquisition.

Nexite's approach addresses the scarcity of data in the retail sector, where manual processes and limited insights prevail. By merging online and offline retail experiences, the company not only optimizes revenue based on real-time insights but also delivers game-changing retail experiences for both retailers and consumers.

Nexite recently secured a significant $67.00M Series C investment on 11 May 2022 from a consortium of distinguished investors, including Vertex Ventures, Battery Ventures, Pitango Venture Capital, Saban Ventures, and Intel Capital. This substantial investment underlines the confidence of prominent venture capital firms in Nexite's innovative approach and underscores its potential for disrupting the retail industry with its transformative solutions.

Taxonomy: retail technology, real-time data, item tracking, business intelligence, NFC technology, smart retail, startup, Israeli tech, innovation

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Series C •••••• 5
Investor Investor Investor Investor Investor
11 May 2022
Series B •••••• 4
Investor Investor Investor Investor
26 Oct 2020
Series A •••••• 1
Investor
14 Nov 2018
Pre Seed Round •••••• - 01 Jan 2018

Nexite Alternatives & Competitors

Nexite vs
The Good Feet Store
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Nexite vs

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Nexite vs

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FAQ About Nexite

Bring Your Merchandise to Life
Nexite was founded in 2017.
Nexite is headquartered in Israel.
Nexite operates in the following industries: IoT, Retail.
Nexite has approximately 67 employees.
Nexite has completed 4 funding rounds, raising a total of $100.00M. The latest funding stage is Series C.
Top alternatives and competitors to Nexite include The Good Feet Store, ShopThing, Intouch.com, Confer With - Live Shopping, BusinessSales.com.au. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Nexite and The Good Feet Store are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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