About NXT-ID
NXT-ID is a company based in Shelton (United States) founded in 2011.. NXT-ID has raised $244 thousand across 8 funding rounds from investors including WorldVentures and Sagard Holdings. NXT-ID has completed 2 acquisitions, including FitPay and LogicMark. NXT-ID offers products and services including Freedom Alert Max, Freedom Alert Mini, Guardian Alert 911 Plus, and Aster Safety App. NXT-ID operates in a competitive market with competitors including Megvii, HYPR, Unico, Chooch and Evrotrust, among others.
- Headquarter Shelton, United States
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Sectors
TechnologyIndustrial Goods & Manufacturing Financial Services
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Nxt-Id, Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$244 K (USD)
in 8 rounds
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Latest Funding Round
$16.5 M (USD), Debt – Conventional
May 07, 2019
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Investors
WorldVentures
& 1 more
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Employee Count
Employee Count
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Investments & Acquisitions
FitPay
& 1 more
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Products & Services of NXT-ID
NXT-ID offers a comprehensive portfolio of products and services, including Freedom Alert Max, Freedom Alert Mini, Guardian Alert 911 Plus, and Aster Safety App. 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.
Wearable device that functions as a cell phone for emergency calls.
Compact alert system with cellular connectivity for on-the-go safety.
Device offering fall detection and direct emergency service access.
App that turns smartphones into emergency response tools with GPS.
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Funding Insights of NXT-ID
NXT-ID has successfully raised a total of $244K across 8 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $16.5 million completed in May 2019. 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 8
- Last Round Debt – Conventional — $16.5M
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First Round
First Round
(25 Jan 2013)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2019 | Amount | Debt – Conventional - NXT-ID | Valuation |
investors |
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| May, 2018 | Amount | Debt – Conventional - NXT-ID | Valuation |
investors |
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| Jul, 2016 | Amount | Post-IPO - NXT-ID | Valuation |
investors |
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| 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 NXT-ID
NXT-ID has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include WorldVentures and Sagard Holdings. 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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PE firm investing in the US and Canada
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Founded Year | Domain | Location | |
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Travel and tourism services are provided worldwide by WorldVentures.
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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 NXT-ID
NXT-ID has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include FitPay and LogicMark. 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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GPS navigation devices and wearable technology are manufactured.
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2014 | ||||
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Emergency response systems are provided for senior citizens.
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2006 |
| 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 - NXT-ID
| 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 |
Nxt-Id Comparisons
Competitors of NXT-ID
NXT-ID 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 Megvii, HYPR, Unico, Chooch and Evrotrust, 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 |
Facial recognition and AI video analysis solutions are provided.
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| domain | founded_year | HQ Location |
Passwordless multi-factor authentication and identity assurance solutions are provided.
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| domain | founded_year | HQ Location |
Digital identity solutions company providing facial biometrics and digital admission solutions
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| domain | founded_year | HQ Location |
Generative computer vision solutions are offered for video stream analysis.
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| domain | founded_year | HQ Location |
AI-based identity verification and electronic signing are provided for businesses.
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| domain | founded_year | HQ Location |
AI based platform offering image recognition solutions
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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 Nxt-Id
Frequently Asked Questions about NXT-ID
When was NXT-ID founded?
NXT-ID was founded in 2011 and raised its 1st funding round 2 years after it was founded.
Where is NXT-ID located?
NXT-ID is headquartered in Shelton, United States. It is registered at Shelton, Washington, United States.
Is NXT-ID a funded company?
NXT-ID is a funded company, having raised a total of $244K across 8 funding rounds to date. The company's 1st funding round was a Post-IPO of $4.5M, raised on Jan 25, 2013.
What does NXT-ID do?
NXT-ID was founded in 2011 in Shelton, United States, focusing on biometric and security technologies within the mobile sector. Development efforts target identity verification, encryption, and authentication for government agencies, corporations, and consumers. A portfolio of patents supports solutions like MobileBio for biometric capture and analysis. Operations include the 2013 launch of Wocket, a smart wallet product, alongside broader security offerings for the growing mobile market.
Who are the top competitors of NXT-ID?
What products or services does NXT-ID offer?
NXT-ID offers Freedom Alert Max, Freedom Alert Mini, Guardian Alert 911 Plus, and Aster Safety App.
How many acquisitions has NXT-ID made?
Who are NXT-ID's investors?
NXT-ID has 2 investors. Key investors include WorldVentures, and Sagard Holdings.
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