NXTsoft

Birmingham, United States Founded: 2017 • Age: 9 yrs
Computer software development services provider
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About NXTsoft

NXTsoft is a company based in Birmingham (United States) founded in 2017.. NXTsoft has raised $4.83 million across 2 funding rounds. NXTsoft has completed 4 acquisitions, including CCMC, Digitel and Gulf Guard Cyber. NXTsoft offers products and services including Banking Operations Platform, Document Workflow, Branch Automation, Digital Connectivity, and Data Intelligence. NXTsoft operates in a competitive market with competitors including AlmavivA, Hedgehog lab, Kontron, Unicorn and Digia, among others.

  • Headquarter Birmingham, United States
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Nxtsoft, Llc
Operational Areas
Technology → Enterprise IT Services & Distribution
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $4.83 M (USD)

    in 2 rounds

  • Latest Funding Round
    $2.83 M (USD), Series A

    Jan 07, 2019

  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
    CCMC

    & 3 more

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Products & Services of NXTsoft

NXTsoft offers a comprehensive portfolio of products and services, including Banking Operations Platform, Document Workflow, Branch Automation, Digital Connectivity, and Data Intelligence. 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

Unified suite for automating banking processes and enhancing data intelligence.

Streamlines document execution and routing for financial institutions.

Improves branch efficiency with digital workflows and hardware integration.

Enables fintech connections to legacy banking systems.

Transforms operational data into actionable insights for banks.

People of NXTsoft
Headcount 50-200
Employee Profiles 18
Employee Profiles
People
John W. Smith
CEO
People
Nathan Moore
Chief Strategy Officer
People
Todd Brown
Chief Financial Officer
People
JC Chen
Chief Development Officer

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Funding Insights of NXTsoft

NXTsoft has successfully raised a total of $4.83M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $2.83 million completed in January 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 Rounds 2
  • Last Round Series A — $2.8M
  • First Round

    (21 Dec 2017)

  • Investors Count
Date Amount Transaction Name Valuation Lead Investors Investors
Jan, 2019 Amount Series A - NXTsoft Valuation

investors

Dec, 2017 Amount Seed - NXTsoft 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

Investments & Acquisitions by NXTsoft

NXTsoft has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include CCMC, Digitel and Gulf Guard Cyber. 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
Insurance risk management services are provided to clients.
2018
Financial data migration and image viewing services are provided.
2012
Integration and workflow optimization solutions are provided for financial institutions.
1994
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 - NXTsoft

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

Nxtsoft Comparisons

Employees
+
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Competitors of NXTsoft

NXTsoft 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 AlmavivA, Hedgehog lab, Kontron, Unicorn and Digia, 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
IT services suite solutions are provided globally by AlmavivA.
domain founded_year HQ Location
Mobile application development and UX design services are provided.
domain founded_year HQ Location
Embedded computing platforms are developed for industrial applications.
domain founded_year HQ Location
Software development services are provided by Unicorn in Prague.
domain founded_year HQ Location
Software development services including design, integration, and testing are provided.
domain founded_year HQ Location
Software development services are provided via an AI-powered platform.
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 Nxtsoft

Former Nxtsoft Execs Launch Software Company
Bizjournals2 years ago
CFM’s Combination With NXTsoft
Globallegalchronicle2 years ago

Frequently Asked Questions about NXTsoft

When was NXTsoft founded?

NXTsoft was founded in 2017.

Where is NXTsoft located?

NXTsoft is headquartered in Birmingham, United States. It is registered at Birmingham, Alabama, United States.

Is NXTsoft a funded company?

NXTsoft is a funded company, having raised a total of $4.83M across 2 funding rounds to date. The company's 1st funding round was a Seed of $2M, raised on Dec 21, 2017.

What does NXTsoft do?

NXTsoft was founded in 2017 and is headquartered in Birmingham, United States. As a holding company, it oversees subsidiaries including ThreatAdvice, BankerAdvice, Springhouse Compliance, and FIMAC Solutions. Operations center on computer software development within the financial services sector, with solutions encompassing cybersecurity, regulatory compliance, and risk analytics. These services support risk management needs for clients in the industry.

Who are the top competitors of NXTsoft?

NXTsoft's top competitors include Saksoft, RedShelf and Unicorn.

What products or services does NXTsoft offer?

NXTsoft offers Banking Operations Platform, Document Workflow, Branch Automation, Digital Connectivity, and Data Intelligence.

How many acquisitions has NXTsoft made?

NXTsoft has made 4 acquisitions, including CCMC, Digitel, and Gulf Guard Cyber.

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