About ITS NxGen
ITS NxGen is a company based in Gig Harbor (United States) founded in 1975 was acquired by MercuryGate in November 2023.. ITS NxGen operates in a competitive market with competitors including uShip, Dotcom Distribution, deBoer, third hand and Moving Fellow, among others.
- Headquarter Gig Harbor, United States
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Sectors
Transportation, Automotive & Logistics
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
MercuryGate
(Nov 14, 2023)
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Funding Insights of ITS NxGen
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in ITS NxGen
ITS NxGen has secured backing from 1 investor. Prominent investors backing the company include MercuryGate. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Cloud-based transportation management systems are provided for multimodal logistics.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by ITS NxGen
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - ITS NxGen
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Its Nxgen Comparisons
Competitors of ITS NxGen
ITS NxGen operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as uShip, Dotcom Distribution, deBoer, third hand and Moving Fellow, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Global online marketplace for freight and vehicle shipping is facilitated.
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| domain | founded_year | HQ Location |
Transportation and freight management services are provided to logistics clients.
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| domain | founded_year | HQ Location |
An online marketplace for freight forwarding services is operated.
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| domain | founded_year | HQ Location |
Freight forwarding marketplace and logistics services are provided globally.
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| domain | founded_year | HQ Location |
Online service for comparing moving quotes, reviews, and connecting with movers.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about ITS NxGen
When was ITS NxGen founded?
ITS NxGen was founded in 1975.
Where is ITS NxGen located?
ITS NxGen is headquartered in Gig Harbor, United States. It is registered at Gig Harbor, Washington, United States.
What does ITS NxGen do?
ITS NxGen, established in 1975, excels in transportation and logistics, freight forwarders, and online marketplace. Provider of online customs brokerage and freight forwarding services. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide. It continues to evolve, meeting industry challenges with strategic approaches.
Who are the top competitors of ITS NxGen?
ITS NxGen's top competitors include uShip, deBoer and Dotcom Distribution.
Who are ITS NxGen's investors?
ITS NxGen has 1 investor. Key investors include MercuryGate.