About Nexxiot
Nexxiot is a company based in Zurich (Switzerland) founded in 2015 by Daniel MacGregor.. Nexxiot has raised $74.83 million across 6 funding rounds from investors including Knorr-Bremse, Credit Suisse and Arvato. Nexxiot has completed 1 acquisition, including Most. Nexxiot offers products and services including Globehopper, Edge, Connect Intelligent Cloud, Scope AI, and Vector Temperature Monitor. Nexxiot operates in a competitive market with competitors including FourKites, TrusTrace, Blume Global, Shippeo and Tive, among others.
- Headquarter Zurich, Switzerland
- Founders Daniel MacGregor
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Sectors
Transportation, 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 Nexxiot Ag
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$74.83 M (USD)
in 6 rounds
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Latest Funding Round
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Investors
Knorr-Bremse
& 6 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of Nexxiot
Nexxiot offers a comprehensive portfolio of products and services, including Globehopper, Edge, Connect Intelligent Cloud, Scope AI, and Vector Temperature Monitor. 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.
Monitors railcars and tank containers with real-time data updates.
Tracks intermodal containers for operational efficiency.
Platform for analyzing asset data and insights.
Processes data for predictive asset management.
Monitors temperature in assets for safety compliance.
Tracks kingpin status in transport operations.
Manages load data for intermodal and rail assets.
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Funding Insights of Nexxiot
Nexxiot has successfully raised a total of $74.83M across 6 strategic funding rounds. 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 6
- Last Round Last Round
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First Round
First Round
(23 Jan 2019)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| May, 2022 | Amount | Series B - Nexxiot | Valuation |
investors |
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| Feb, 2022 | Amount | Series B - Nexxiot | Valuation |
investors |
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| Jun, 2021 | Amount | Series B - Nexxiot | Valuation | QVIDTVM |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Nexxiot
Nexxiot has secured backing from 7 investors, including institutional investors. Prominent investors backing the company include Knorr-Bremse, Credit Suisse and Arvato. 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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Manufacturer and supplier of braking systems to OEMs
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Founded Year | Domain | Location | |
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Provider of third party logistics services
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Founded Year | Domain | Location | |
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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 Nexxiot
Nexxiot has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Most. 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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Web-based solutions for real-time cargo tracking and monitoring are provided.
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2014 |
| 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 - Nexxiot
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Nexxiot Comparisons
Competitors of Nexxiot
Nexxiot 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 FourKites, TrusTrace, Blume Global, Shippeo and Tive, 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 |
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| domain | founded_year | HQ Location |
AI and web-based visibility solutions for supply chains are developed.
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| domain | founded_year | HQ Location |
Blockchain-based traceability and sustainability solutions for the fashion industry
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| domain | founded_year | HQ Location |
Cloud-based supply chain visibility solutions are provided for logistics stakeholders.
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| domain | founded_year | HQ Location |
SaaS-based road freight transportation management platform for carriers and shippers
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| domain | founded_year | HQ Location |
Provider of cloud-based cargo tracking solutions
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| domain | founded_year | HQ Location |
AI-enabled solutions for shipment monitoring and tracking 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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Latest news on Nexxiot
Frequently Asked Questions about Nexxiot
When was Nexxiot founded?
Nexxiot was founded in 2015 and raised its 1st funding round 4 years after it was founded.
Where is Nexxiot located?
Nexxiot is headquartered in Zurich, Switzerland.
Who is the current CEO of Nexxiot?
Maximilian Eichhorn is the current CEO of Nexxiot.
Is Nexxiot a funded company?
Nexxiot is a funded company, having raised a total of $74.83M across 6 funding rounds to date. The company's 1st funding round was a Series B of $25M, raised on Jan 23, 2019.
What does Nexxiot do?
Nexxiot was founded in 2015 in Zurich, Switzerland, focusing on IoT and web solutions for cargo tracking across industries. The Globehopper hardware device is deployed to monitor location and detect shocks on assets. Data is collated and analyzed via APIs and web dashboards to generate operational insights. Applications encompass railcar oversight, fuel tank monitoring in logistics, air freight coordination, and ocean fleet management.
Who are the top competitors of Nexxiot?
What products or services does Nexxiot offer?
Nexxiot offers Globehopper, Edge, Connect Intelligent Cloud, Scope AI, and 3 more products and services.
How many acquisitions has Nexxiot made?
Nexxiot has made 1 acquisition, including Most.
Who are Nexxiot's investors?
Nexxiot has 7 investors. Key investors include Knorr-Bremse, Credit Suisse, Arvato, Die Mobiliar, and QVIDTVM.
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