About NLX
NLX is a company based in New York (United States) founded in 2017 by Vlad Papancea and Andrei Papancea. It operates as a SaaS (Software-as-a-Service), and Pay-per-Use / Usage-Based. NLX has raised $21.8 million across 3 funding rounds from investors including Thayer Ventures, JetBlue Technology Ventures and H/L Ventures. NLX has completed 1 acquisition, including Radish Systems. NLX offers products and services including NLX Platform, Voice+ Technology, and NLX Canvas. NLX operates in a competitive market with competitors including Sinch, Hyro, Avaamo, Passage AI and BLiP, among others.
- Headquarter New York, United States
- Founders Vlad Papancea, Andrei Papancea
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Sectors
Technology
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Email
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$21.8 M (USD)
in 3 rounds
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Latest Funding Round
$12.2 M (USD), Series A
Feb 07, 2024
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Investors
Thayer Ventures
& 6 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of NLX
NLX offers a comprehensive portfolio of products and services, including NLX Platform, Voice+ Technology, and NLX Canvas. 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.
AI-powered platform for building conversational applications easily.
Patented technology syncing voice with digital channels.
No-code tool for mapping conversational applications quickly.
Unlock access to complete
Funding Insights of NLX
NLX has successfully raised a total of $21.8M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $12.2 million completed in February 2024. 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 3
- Last Round Series A — $12.2M
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First Round
First Round
(26 Jan 2022)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2024 | Amount | Series A - NLX | Valuation |
investors |
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| Dec, 2022 | Amount | Seed - NLX | Valuation | IAG Capital Partners | |
| Jan, 2022 | Amount | Seed - NLX | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 NLX
NLX has secured backing from 7 investors, including venture fund investors. Prominent investors backing the company include Thayer Ventures, JetBlue Technology Ventures and H/L Ventures. 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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US focused VC firm
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Founded Year | Domain | Location | |
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A company-building ecosystem is operated to support mission-driven founders.
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Founded Year | Domain | Location | |
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Venture capital investments are provided by IAG Capital Partners.
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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 NLX
NLX has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Radish Systems. 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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Visual IVR and live assistance solutions are offered.
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2009 |
| 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 - NLX
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Nlx Comparisons
Competitors of NLX
NLX 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 Sinch, Hyro, Avaamo, Passage AI and BLiP, 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 |
Provider of customer communications management platform
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| domain | founded_year | HQ Location |
An AI-based conversational platform is provided for healthcare task automation.
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| domain | founded_year | HQ Location |
Conversational AI platform for enterprises is provided by Avaamo.
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| domain | founded_year | HQ Location |
A no-code platform for enterprise chatbot development is offered.
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| domain | founded_year | HQ Location |
Chatbots are built, managed, and published for enterprises using BLiP.
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| domain | founded_year | HQ Location |
Cognigy is recognized for developing conversational AI solutions for customer service.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Nlx
Frequently Asked Questions about NLX
When was NLX founded?
NLX was founded in 2017 and raised its 1st funding round 5 years after it was founded.
Where is NLX located?
NLX is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of NLX?
Andrei Papancea is the current CEO of NLX. They have also founded this company.
Is NLX a funded company?
NLX is a funded company, having raised a total of $21.8M across 3 funding rounds to date. The company's 1st funding round was a Seed of $5M, raised on Jan 26, 2022.
What does NLX do?
NLX is established as a leading platform for creating AI-driven conversational applications. It is utilized by various entities, from individual builders to global enterprises, to develop advanced chat and voice-based interactions. Solutions are provided across multiple formats, ensuring natural user experiences through technologies like Voice and Generative Journey. The platform supports no-code development, analytics, and multimodal interfaces, catering to diverse sectors needing innovative communication tools.
What products or services does NLX offer?
NLX offers NLX Platform, Voice+ Technology, and NLX Canvas.
How many acquisitions has NLX made?
NLX has made 1 acquisition, including Radish Systems.
Who are NLX's investors?
NLX has 7 investors. Key investors include Thayer Ventures, JetBlue Technology Ventures, H/L Ventures, IAG Capital Partners, and Tech Square Ventures.
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