Nexite brings merchandise to life. Passive products are transformed into active digital communicators, delivering retailers a continuous stream of real-time data. The data automatically flows in from the merchandise, telling their complete life story from their first stitches in the factory, to their final destination at the customer's closet.
In a world full of scanners, manual processes, and almost no data at all, Nexite merges the online and the offline, optimizes revenue based on real-time insights, and deliver game-changing retail experiences.
In a world full of scanners, manual processes, and almost no data at all, Nexite merges the online and the offline, optimizes revenue based on real-time insights, and deliver game-changing retail experiences.
Location: Israel, Tel Aviv District, Tel Aviv-Yafo
Employees: 51-200
Total raised: $67M
Founded date: 2017
Investors 4
| Date | Name | Website |
| - | Anfield | anfieldltd... |
| 08.03.2021 | Plug and P... | plugandpla... |
| - | Saban Vent... | sabanventu... |
| 02.02.2021 | Intel Capi... | intel.com |
Funding Rounds 1
| Date | Series | Amount | Investors |
| 11.05.2022 | Series C | $67M | - |
Mentions in press and media 6
| Date | Title | Description |
| 17.01.2023 | Nexite Launches Its Connected Merchandise Solution to Deliver Customer Journey Insights to Retailers | Nexite, the pioneering data platform for real-time in-store intelligence and truly seamless retail shopping, announced the launch of its Connected Merchandise Solution, a module within the Nexite platform that delivers real-time customer jo... |
| 12.05.2022 | Nexite bags $67M Series C | Tel Aviv-based Nexite has raised a $67 million Series C led by Pitango Growth and Saban Ventures. The startup's platform provides retailers with real-time data based on in-store sales. View round |
| 11.05.2022 | A Y Combinator alum on how the startup hustle came at a steep cost—to her mental health | This is the web version of Term Sheet, a daily newsletter on the biggest deals and dealmakers. Sign up to get it delivered free to your inbox. The following essay was contributed by Trisha Bantigue, CEO and co-founder of the San Francisco-b... |
| 11.05.2022 | Nexite Raises $67M in Series C Funding | Nexite, a Tel Aviv, Israel-based data platform for real-time in-store intelligence and retail shopping, raised $67m in Series C funding. The round, which brings total funding to $100 million, was led by Pitango Growth and Saban Ventures wit... |
| 11.05.2022 | Nexite raises $67M for its new approach to tagging and tracking merchandise in physical stores | When it comes to commerce innovation, physical retail often feels like it gets the short end of the development stick against newer, faster-growing, more quantifiable (and still far from perfect) digital channels. But physical retail is far... |
| - | Nexite Closes $100M Funding for its Connected Merchandise Platform | Debuted as retailers are increasing tech investments to digitize stores, Nexite offers in-store personalized and seamless customer experiences based on real-time data Nexite, the pioneering data platform for real-time in-store intelligence ... |