About Nexant
Nexant is a company based in San Francisco (United States) founded in 2000 was acquired by Resource Innovations in May 2021.. Nexant has raised $65 million across 2 funding rounds from investors including Morgan Stanley, Resource Innovations and TeleSoft Partners. The company has 29 employees as of April 05, 2024. Nexant has completed 1 acquisition, including Excelergy. Nexant operates in a competitive market with competitors including Enel X, Particle, ecobee, Signify and Landis+Gyr, among others.
- Headquarter San Francisco, United States
- Employees 29 as on 05 Apr, 2024
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Sectors
Business ServicesEnergy & Utilities Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Nexant India Private Limited
- Date of Incorporation 11 Apr, 2018
- Jurisdiction Pune, Maharashtra, India
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Annual Revenue
$452.64 K (USD)-3.93as on Mar 31, 2020
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Net Profit
$-137.05 K (USD)-86.43as on Mar 31, 2020
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EBITDA
$64.53 K (USD)0.34as on Mar 31, 2020
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Total Equity Funding
$65 M (USD)
in 2 rounds
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Latest Funding Round
$50 M (USD), Series B
Jul 23, 2010
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Investors
Morgan Stanley
& 6 more
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Employee Count
29
as on Apr 05, 2024
- Investments & Acquisitions
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Acquired by
Resource Innovations
(May 12, 2021)
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Funding Insights of Nexant
Nexant has successfully raised a total of $65M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $50 million completed in July 2010. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series B — $50.0M
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First Round
First Round
(27 Sep 2000)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2010 | Amount | Series B - Nexant | Valuation | TeleSoft Partners , Beacon Capital Partners |
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| Sep, 2000 | Amount | Series A - Nexant | Valuation |
investors |
| 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 |
Investors in Nexant
Nexant has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include Morgan Stanley, Resource Innovations and TeleSoft Partners. 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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Private equity firm
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Founded Year | Domain | Location | |
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Venture capital investments are made in disruptive growth companies.
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Founded Year | Domain | Location | |
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Education startups are funded and mentored by Intel-backed accelerator.
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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 Nexant
Nexant has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Excelergy. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Energy management software is provided for utility companies.
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1998 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Nexant
| 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 |
Nexant Comparisons
Competitors of Nexant
Nexant 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 Enel X, Particle, ecobee, Signify and Landis+Gyr, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Utility-scale renewable energy projects are developed by Enel X.
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| domain | founded_year | HQ Location |
IoT connectivity platform from prototype to production is developed.
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| domain | founded_year | HQ Location |
Provider of smart thermostats for commercial and residential applications
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| domain | founded_year | HQ Location |
Signify is recognized as a global leader in lighting solutions.
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| domain | founded_year | HQ Location |
End-to-end energy management solutions are provided for utilities worldwide.
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| domain | founded_year | HQ Location |
Smart panels for home energy management are provided by Span.IO.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Latest news on Nexant
Frequently Asked Questions about Nexant
When was Nexant founded?
Nexant was founded in 2000.
Where is Nexant located?
Nexant is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Who is the current CEO of Nexant?
John Gustafson is the current CEO of Nexant.
Is Nexant a funded company?
Nexant is a funded company, having raised a total of $65M across 2 funding rounds to date. The company's 1st funding round was a Series A of $15M, raised on Sep 27, 2000.
How many employees does Nexant have?
As of Apr 05, 2024, the latest employee count at Nexant is 29.
What is the annual revenue of Nexant?
Annual revenue of Nexant is $452.64K as on Mar 31, 2020.
What does Nexant do?
Nexant provides intelligent grid software and clean energy solutions for businesses and organizations. It offers Nexant iEnergy, a cloud-based business process management software platform for utilities to rollout and manage a portfolio of energy efficiency, renewable energy, and demand side management (DSM) programs; Nexant Grid360, a network modeling and simulation platform that enables power system engineers to build, monitor, analyze, and perform what if scenarios. It analyzes the demand response from Distribution and Transmission and serve them to Utility.
Who are the top competitors of Nexant?
How many acquisitions has Nexant made?
Nexant has made 1 acquisition, including Excelergy.
Who are Nexant's investors?
Nexant has 7 investors. Key investors include Morgan Stanley, Resource Innovations, TeleSoft Partners, Beacon Capital Partners, and Oak Investment Partners.