About NextBillion AI
NextBillion AI is a company based in Singapore (Singapore) founded in 2020 by Shaolin Zheng, Ajay Bulusu, and Gaurav Bubna. NextBillion AI has raised $34.25 million across 3 funding rounds from investors including Lightspeed Venture Partners, Mirae Asset Venture Investments and M12. The company has 50 employees as of April 02, 2024. NextBillion AI offers products and services including Route Optimization API, Distance Matrix API, Directions API, and Routing & Dispatch App. NextBillion AI operates in a competitive market with competitors including The Routing Company, Zeo Route Planner, OptimoRoute, LocationSmart and nextmv, among others.
- Headquarter Singapore, Singapore
- Employees 50 as on 02 Apr, 2024
- Founders Shaolin Zheng, Ajay Bulusu, Gaurav Bubna
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Sectors
TechnologyTransportation, Automotive & Logistics
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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 Nextbillion. Ai India Private Limited
- Date of Incorporation 16 Jan, 2020
- Jurisdiction Shaikpet, Telangana, India
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Annual Revenue
$1.18 M (USD)50.32as on Mar 31, 2022
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Net Profit
$68.45 K (USD)-39.18as on Mar 31, 2022
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EBITDA
$139.97 K (USD)-8.54as on Mar 31, 2022
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Total Equity Funding
$34.25 M (USD)
in 3 rounds
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Latest Funding Round
$21 M (USD), Series B
May 23, 2022
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Investors
Lightspeed Venture Partners
& 3 more
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Employee Count
50
as on Apr 02, 2024
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Acquired by
(Sep 30, 2025)
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Products & Services of NextBillion AI
NextBillion AI offers a comprehensive portfolio of products and services, including Route Optimization API, Distance Matrix API, Directions API, and Routing & Dispatch App.
API for optimizing routes and task allocation in logistics
API to compute ETAs and distances for multiple origins
API for computing routes between locations with traffic data
App for planning and dispatching optimized routes
People of NextBillion AI
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Funding Insights of NextBillion AI
NextBillion AI has successfully raised a total of $34.25M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $21 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 NextBillion AI
NextBillion AI has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Lightspeed Venture Partners, Mirae Asset Venture Investments and M12.
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Venture capital investing in innovative companies across global sectors is undertaken by Lightspeed Venture Partners.
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Venture capital investments in technology startups are facilitated by M12.
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Venture capital firm focused on growth-stage companies
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Investor details for NextBillion AI
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Investments & Acquisitions by NextBillion AI
Investment portfolio details for NextBillion AI
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Financial Statements - NextBillion AI
Detailed financials for NextBillion AI
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Nextbillion Ai Comparisons
Peer comparison for NextBillion AI
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Competitors of NextBillion AI
NextBillion AI 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 The Routing Company, Zeo Route Planner, OptimoRoute, LocationSmart and nextmv, among others.
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Routing and management solutions are provided for public transit operators.
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Multi-stop delivery routes are optimized via specialized software.
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Cloud-based route planning and field service scheduling software is provided.
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Cloud-based location services are delivered via API to enterprises.
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Cloud-based software for delivery route automation is provided.
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Cloud-based route optimization for multiple deliveries is provided.
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Detailed competitors of NextBillion AI
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Latest news on Nextbillion Ai
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Frequently Asked Questions about NextBillion AI
NextBillion AI was founded in 2020.
NextBillion AI is headquartered in Singapore, Singapore.
NextBillion AI is a funded company, having raised a total of $34.25M across 3 funding rounds to date.
As of Apr 02, 2024, the latest employee count at NextBillion AI is 50.
Annual revenue of NextBillion AI is $1.18M as on Mar 31, 2022.
Provider of an AI-powered mapping platform. It allows users to build custom maps for web and mobile applications. It provides geocoding APIs, search APIs, routing, navigation, matrix calculation, map data curation, and high footfall landmark solutions. It features multi-lingual text, data management, image classification, sentiment analytics, and video annotation capabilities. It has use cases in logistics, fleet management, ride-hailing, delivery, and e-commerce applications.
NextBillion AI's top competitors include The Routing Company, Zeo Route Planner and OptimoRoute.
NextBillion AI offers Route Optimization API, Distance Matrix API, Directions API, and Routing & Dispatch App.
NextBillion AI has 4 investors. Key investors include Lightspeed Venture Partners, Mirae Asset Venture Investments, M12, and Alpha Wave Global.