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
Employees 67
Industries IoT, Retail
Funding Stage Series C
Social

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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.

Business keywords: 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 $67.00M 5
Vertex Ventures, Battery Ventures +3
11 May 2022
Series B $22.00M 4
Vertex Ventures, Battery Ventures +2
26 Oct 2020
Series A $11.00M 1
Battery Ventures
14 Nov 2018
Pre Seed Round Undisclosed -
01 Jan 2018

Nexite Alternatives & Competitors

View All Alternatives
Nexite vs
Reite
Reite Chile

Ahorrándole tiempo a las personas haciendo su vida más fácil.

Pre-Seed
8 employees
Computer Vision, IoT
Nexite vs
Mojix
Mojix United States

Real-time item-level visibility (with serialized traceability) at every intersection of your supply...

Debt Financing
136 employees
Big Data, IoT
Nexite vs

Empowering offline retailers with real-time shopper insights for smarter, faster business decisions.

Series A
11-50 employees
AI, Analytics

FAQ About Nexite

Bring Your Merchandise to Life
Nexite was founded in 2017.
Nexite is headquartered in Israel.
Nexite operates in IoT and Retail. Its work centres on retail technology, real-time data, item tracking and business intelligence.
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 Reite, Mojix, Glimpse, buybuddy, Taglette Yazılım ve Bilişim Hizmetleri San. Tic. A.Ş.. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Nexite and Reite 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.

Source: BounceWatch company record for Nexite, https://bouncewatch.com/company/nexite, updated 14 January 2025. When citing, please name BounceWatch and link this page.

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