Nexite

Tel Aviv, Israel Founded: 2018 • Age: 8 yrs
Provider of product authentication counterfeit labels for offline retailers
Annual revenue - Latest available
Total funding $67.0M 1 rounds
Employees - Tracked headcount
Investors 5 Known backers
Products 4 Services tracked
Competitors 10 Brand Intelligence

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
  • Sectors
    Retail
    Technology
  • Email
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  • Phone
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  • Website
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  • Social
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Operational Areas
Retail → Retail Technology & Automation Unlock Sub-Sector Unlock Segment
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Retail → E-Commerce Technology & Services Unlock Sub-Sector Unlock Segment
Technology → Internet of Things (IoT) & Connectivity Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $67 M (USD)

    in 1 rounds

  • Latest Funding Round
    $67 M (USD), Series C

    May 11, 2022

  • Investors
  • Employee Count
    Not available
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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.

Product name locked
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Primary

Tracks customer interactions in stores for sales optimization.

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Automates inventory tracking and replenishment for efficiency.

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Enables contactless self-checkout and order fulfillment.

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Provides battery-free tracking for real-time merchandise data.

People of Nexite

Headcount 50-200
Employee Profiles 21
Employee Profiles
People
Willy Rotstein
CCO
People
Petr Sibirtsev
Software Engineer
People
Lior Shakedd
Co-Founder & CTO
People
Ido Bayda
Senior Software Engineer Team Lead

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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.

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.

All
Venture Fund
Investor Description Founded Year Domain Location
Venture capital investments in tech and healthtech sectors through dedicated funds.
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Venture capital funding is provided by Saban Ventures in Israel.
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Investments in technology companies are conducted globally by Battery Ventures.
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Investor details for Nexite

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Investments & Acquisitions by Nexite

Investments
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Investment portfolio details for Nexite

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Financial Statements - Nexite

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Detailed financials for Nexite

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Nexite Comparisons

Nexite Primary company
Description
Provider of product authentication counterfeit labels for of...
Location
Tel Aviv, Israel
Founded Year
2018
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Nexite

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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.

Company Name Domain Founded year HQ Location Description
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Anti-counterfeiting barcode solutions are supplied to brands and retailers.
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Copy-proof QR codes are provided for counterfeiting protection.
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Diamond-based unclonable security tags for hardware authentication are provided.
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Provider of counterfeiting solutions for e-commerce businesses
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Anti-counterfeiting solutions are offered via microscopic edible barcodes for authentication.
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Solutions for brand protection and precision logistics are provided.
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Detailed competitors of Nexite

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Latest news on Nexite

Nexite Raises $67M in Series C Funding
Finsmes4 years ago
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Complete news archive for Nexite

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Frequently Asked Questions about Nexite

Nexite was founded in 2018 and raised its 1st funding round 4 years after it was founded.

Nexite is headquartered in Tel Aviv, Israel.

Anat Shakedd is the current CEO of Nexite. They have also founded this company.

Nexite is a funded company, having raised a total of $67M across 1 funding round to date.

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.

Nexite's top competitors include Digimarc, VerifyMe and Dust Identity.

Nexite offers Live Stores, Live Operations, Live Commerce, and NanoBT.

Nexite has 5 investors. Key investors include Vertex Ventures SG, Pitango, Saban Ventures, Battery Ventures, and Intel Capital.

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