NiCE

San Francisco, United States Founded: 1999 • Age: 27 yrs Acquired By NICE
Cloud-based omnichannel contact centers are provided for customer service.
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About NiCE

NiCE is a company based in San Francisco (United States) founded in 1999 was acquired by NICE in October 2023. It operates as a SaaS (Software-as-a-Service), and Managed Services. NiCE has raised $12.1 million across 3 funding rounds from investors including NiCE, Bluefish Ventures and Lunsford Capital. The company has 117 employees as of April 08, 2024. NiCE has completed 2 acquisitions, including SpeechIQ and Teckst. NiCE offers products and services including CXone Mpower SmartReach, Omnichannel Routing, and Proactive AI Agent. NiCE operates in a competitive market with competitors including Dialpad, Genesys, Zendesk, Freshworks and Twilio, among others.

  • Headquarter San Francisco, United States
  • Employees 117 as on 08 Apr, 2024
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Nice Ltd Inc.
  • Date of Incorporation 20 Jun, 2008
  • Jurisdiction Bangaluru, Karnataka, India
Operational Areas
Technology → Enterprise Software & Productivity Solutions
Key Metrics
  • Annual Revenue
    $6.25 M (USD)
    5.21
    as on Mar 31, 2023
  • Net Profit
    $514.46 K (USD)
    4.81
    as on Mar 31, 2023
  • EBITDA
    $1.23 M (USD)
    -41.99
    as on Mar 31, 2023
  • Total Equity Funding
    $12.1 M (USD)

    in 3 rounds

  • Latest Funding Round
    $5 M (USD), Series E

    Jan 28, 2008

  • Investors
    NiCE

    & 4 more

  • Employee Count
    117

    as on Apr 08, 2024

  • Investments & Acquisitions
    SpeechIQ

    & 1 more

  • Acquired by
    NICE

    & 1 more

    (Oct 04, 2023)

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Products & Services of NiCE

NiCE offers a comprehensive portfolio of products and services, including CXone Mpower SmartReach, Omnichannel Routing, and Proactive AI Agent. 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.

Primary

Customer outreach is managed across multiple channels effectively.

Customer-agent matching is optimized for reduced wait times.

Customer engagement is maintained through AI-driven conversational tools.

People of NiCE
Headcount 500-1000
Employee Profiles 35
Employee Profiles
People
James Pellikaan
Senior Sales Engineer - Digital Specialist
People
Heather Shepherd
Manager, Technical Account Mana
People
Patrick Summe
Chief Technology & Engineering Officer
People
Doug Larson
Enterprise Account Executive

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Funding Insights of NiCE

NiCE has successfully raised a total of $12.1M across 3 strategic funding rounds. The most recent funding activity was a Series E round of $5 million completed in January 2008. 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 E — $5.0M
  • First Round
  • Investors Count 3
Date Amount Transaction Name Valuation Lead Investors Investors
Jan, 2008 Amount Series E - NiCE Valuation

investors

Jun, 2007 Amount Series E - NiCE Valuation

investors

Dec, 2005 Amount Series B - NiCE Valuation

investors

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 NiCE

NiCE has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include NiCE, Bluefish Ventures and Lunsford 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
Institutional
Investor Description Founded Year Domain Location
-
Founded Year Domain Location
Venture capital funding is provided across multiple sectors.
Founded Year Domain Location
-
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 NiCE

NiCE has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include SpeechIQ and Teckst. 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.

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
Acquisitions
Company Name Description Domain Location Founded Year Amount
Cloud-based texting platform utilized by enterprises for customer communications.
2014
AI speech analytics platform enhances customer engagement through call analysis.
0
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - NiCE

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

Nice Comparisons

Employees
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Competitors of NiCE

NiCE 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 Dialpad, Genesys, Zendesk, Freshworks and Twilio, 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 unified communication solutions including voice and video are provided.
domain founded_year HQ Location
Cloud-based omnichannel customer experience and contact center solutions are delivered.
domain founded_year HQ Location
Cloud-based customer service platform is offered for business engagement.
domain founded_year HQ Location
Cloud-based business process management suite solutions are delivered.
domain founded_year HQ Location
Cloud-based omnichannel communication and customer engagement platform is utilized.
domain founded_year HQ Location
Cloud-based unified communication software is delivered for businesses.
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 Nice

Frequently Asked Questions about NiCE

When was NiCE founded?

NiCE was founded in 1999 and raised its 1st funding round 6 years after it was founded.

Where is NiCE located?

NiCE is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.

Is NiCE a funded company?

NiCE is a funded company, having raised a total of $12.1M across 3 funding rounds to date.

How many employees does NiCE have?

As of Apr 08, 2024, the latest employee count at NiCE is 117.

What is the annual revenue of NiCE?

Annual revenue of NiCE is $6.25M as on Mar 31, 2023.

What does NiCE do?

NiCE is relied upon for delivering advanced customer experience solutions through its CXone Mpower platform. The company focuses on proactive engagement across multiple channels, utilizing AI-driven automation to enhance customer interactions. Compliance and security are prioritized in all outreach campaigns. Services are provided to various sectors including healthcare, finance, retail, and telecommunications. Solutions like omnichannel routing and proactive AI agents are designed to improve customer satisfaction and operational efficiency. Trust and loyalty are built by connecting with customers in their preferred channels.

Who are the top competitors of NiCE?

NiCE's top competitors include Twilio, Genesys and Freshworks.

What products or services does NiCE offer?

NiCE offers CXone Mpower SmartReach, Omnichannel Routing, and Proactive AI Agent.

How many acquisitions has NiCE made?

NiCE has made 2 acquisitions, including SpeechIQ, and Teckst.

Who are NiCE's investors?

NiCE has 5 investors. Key investors include NiCE, Bluefish Ventures, Lunsford Capital, Bauer Venture Partners, and Golden Gate Capital.

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