NexLP

Chicago, United States Founded: 2013 • Age: 13 yrs Acquired By Reveal Data
Provider of a cloud based text analytics solution
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About NexLP

NexLP is a company based in Chicago (United States) founded in 2013 was acquired by Reveal Data in August 2020.. NexLP has raised $5.12 million across 3 funding rounds from investors including Reveal Data, Techstars and Method Capital. NexLP operates in a competitive market with competitors including Elastic, Primer, Fractal Analytics, Everlaw and Radius, among others.

  • Headquarter Chicago, United States
  • Sectors
    Professional & Legal Services
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Professional & Legal Services → Legal Technology Services
Technology → Cloud, Data & Analytics Infrastructure
Technology → Artificial Intelligence & Machine Learning
Technology → Artificial Intelligence & Machine Learning
Technology → Cloud, Data & Analytics Infrastructure
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $5.12 M (USD)

    in 3 rounds

  • Latest Funding Round
    $3 M (USD), Series A

    Oct 26, 2017

  • Investors
    Reveal Data

    & 3 more

  • Employee Count
    Employee Count
  • Acquired by
    Reveal Data

    (Aug 11, 2020)

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People of NexLP
Headcount 50-200
Employee Profiles 4
Employee Profiles
People
Ye Chen
Founder & CXO
People
Irina Matveeva
Head of Machine Learning
People
Jay Leib
Founder & CEO
People
Dan Roth
Founder & Chief Scientist

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Funding Insights of NexLP

NexLP has successfully raised a total of $5.12M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $3 million completed in October 2017. 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 Rounds 3
  • Last Round Series A — $3.0M
  • First Round

    (20 May 2014)

  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2017 Amount Series A - NexLP Valuation Method Capital
Aug, 2014 Amount Seed - NexLP Valuation

investors

May, 2014 Amount Seed - NexLP Valuation Techstars
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in NexLP

NexLP has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Reveal Data, Techstars and Method Capital. 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.

All
Venture Fund
Investor Description Founded Year Domain Location
Venture capital funding is provided to Midwest technology companies.
Founded Year Domain Location
Seed funding is offered by Dundee Venture Capital.
Founded Year Domain Location
Startups are accelerated globally without sector restrictions through structured programs.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by NexLP

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - NexLP

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Nexlp Comparisons

Employees
+
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Competitors of NexLP

NexLP 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 Elastic, Primer, Fractal Analytics, Everlaw and Radius, 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
Cloud based text analytics platform
domain founded_year HQ Location
AI based text summarization and contextualization software tool
domain founded_year HQ Location
Artificial intelligence and analytics solutions are provided for enterprise transformation.
domain founded_year HQ Location
Cloud-based eDiscovery and litigation software is offered for legal teams.
domain founded_year HQ Location
Predictive marketing and sales platform
domain founded_year HQ Location
Text data analytics platform powered by AI for enterprises.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Nexlp

Frequently Asked Questions about NexLP

When was NexLP founded?

NexLP was founded in 2013 and raised its 1st funding round 1 year after it was founded.

Where is NexLP located?

NexLP is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.

Is NexLP a funded company?

NexLP is a funded company, having raised a total of $5.12M across 3 funding rounds to date. The company's 1st funding round was a Seed of $118K, raised on May 20, 2014.

What does NexLP do?

NexLP was established in 2013 in Chicago, United States, within the technology sector focused on artificial intelligence. A cloud-based platform is operated to apply natural language processing via machine learning algorithms in a proprietary engine. Unstructured electronic data is converted into searchable profiles on entities such as people, places, and events. Patterns within the data are analyzed to generate operational insights for users.

Who are the top competitors of NexLP?

NexLP's top competitors include Fractal Analytics, Primer and Radius.

Who are NexLP's investors?

NexLP has 4 investors. Key investors include Reveal Data, Techstars, Method Capital, and Dundee Venture Capital.

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