About Nexite
Nexite is a company based in Tel Aviv (Israel) founded in 2018 by Guillermo Rotstein, Anat Shakedd, and Lior Shakedd.. Nexite has raised $67 million across 1 funding round from investors including Vertex Ventures SG, Pitango and Saban Ventures. Nexite offers products and services including Live Stores, Live Operations, Live Commerce, and NanoBT. Nexite operates in a competitive market with competitors including Digimarc, ScanTrust, Dust Identity, Marqvision and TruTag Technologies, among others.
- Headquarter Tel Aviv, Israel
- Founders Guillermo Rotstein, Anat Shakedd, Lior Shakedd
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Sectors
RetailTechnology
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Email
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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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Total Equity Funding
$67 M (USD)
in 1 rounds
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Latest Funding Round
$67 M (USD), Series C
May 11, 2022
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Investors
Vertex Ventures SG
& 4 more
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Employee Count
Employee Count
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Products & Services of Nexite
Nexite offers a comprehensive portfolio of products and services, including Live Stores, Live Operations, Live Commerce, and NanoBT. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Tracks customer interactions in stores for sales optimization.
Automates inventory tracking and replenishment for efficiency.
Enables contactless self-checkout and order fulfillment.
Provides battery-free tracking for real-time merchandise data.
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Funding Insights of Nexite
Nexite has successfully raised a total of $67M through 1 strategic funding round. The most recent funding activity was a Series C round of $67 million completed in May 2022. 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 1
- Last Round Series C — $67.0M
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First Round
First Round
(11 May 2022)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2022 | Amount | Series C - Nexite | Valuation | Pitango , Saban Ventures |
| 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 Nexite
Nexite has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Vertex Ventures SG, Pitango and Saban Ventures. 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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Venture capital investments in tech and healthtech sectors through dedicated funds.
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Founded Year | Domain | Location | |
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Venture capital funding is provided by Saban Ventures in Israel.
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Founded Year | Domain | Location | |
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Investments in technology companies are conducted globally by Battery Ventures.
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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 Nexite
| 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 - Nexite
| 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 |
Nexite Comparisons
Competitors of Nexite
Nexite 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 Digimarc, ScanTrust, Dust Identity, Marqvision and TruTag Technologies, 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 |
Anti-counterfeiting barcode solutions are supplied to brands and retailers.
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| domain | founded_year | HQ Location |
Copy-proof QR codes are provided for counterfeiting protection.
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| domain | founded_year | HQ Location |
Diamond-based unclonable security tags for hardware authentication are provided.
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| domain | founded_year | HQ Location |
Provider of counterfeiting solutions for e-commerce businesses
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| domain | founded_year | HQ Location |
Anti-counterfeiting solutions are offered via microscopic edible barcodes for authentication.
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| domain | founded_year | HQ Location |
Solutions for brand protection and precision logistics are provided.
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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 Nexite
When was Nexite founded?
Nexite was founded in 2018 and raised its 1st funding round 4 years after it was founded.
Where is Nexite located?
Nexite is headquartered in Tel Aviv, Israel.
Who is the current CEO of Nexite?
Anat Shakedd is the current CEO of Nexite. They have also founded this company.
Is Nexite a funded company?
Nexite is a funded company, having raised a total of $67M across 1 funding round to date. The company's 1st funding round was a Series C of $67M, raised on May 11, 2022.
What does Nexite do?
Nexite was founded in 2018 in Tel Aviv, Israel, within the IoT and anti-counterfeiting sector. Counterfeit detection labels and battery-less tags are provided to offline retailers, allowing verification of product authenticity. A customer engagement app is offered that scans tags via smartphones to access digital product data, including reporting, analytics, and self-checkout features. Operations focus on bridging physical retail with digital verification tools.
Who are the top competitors of Nexite?
Nexite's top competitors include Digimarc, VerifyMe and Dust Identity.
What products or services does Nexite offer?
Nexite offers Live Stores, Live Operations, Live Commerce, and NanoBT.
Who are Nexite's investors?
Nexite has 5 investors. Key investors include Vertex Ventures SG, Pitango, Saban Ventures, Battery Ventures, and Intel Capital.
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