# Nexant

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/nexant

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.nexant.com
- Total disclosed funding: $48M
- Latest round: Series E (Jul 23, 2010)
- Investors on record: 8

## About

Nexant, Inc. is a US-based technology firm specializing in energy transformation. It delivers innovative software solutions and consulting services aimed at enhancing sustainability for utilities and government agencies.Founded in 2000, Nexant, Inc. is recognized for its expertise in energy management and software solutions. The company was recently acquired by Resource Innovations in May 2021, which has enabled a focus on technology enhancements and growth opportunities. The headquarters is situated in San Francisco, US.Nexant provides a comprehensive suite of energy transformation software and services designed to facilitate the clean energy transition for utilities, government agencies, and system operators. Their core offerings include demand-side management (DSM) solutions, energy transition software, and analytics that enhance customer engagement and operational efficiency. The company serves a diverse client base across North America, Europe, and the Pacific, managing over 880 energy programs and projects since 2019, aimed at making clean energy more accessible and affordable while empowering end-users to achieve their sustainability goals.Nexant operates primarily on a B2B model, forming partnerships with utilities and government agencies to implement energy solutions. Their transactional structure includes subscription-based services for software products and consultative arrangements for advisory services. Through these collaborations, clients utilize Nexant's tools to optimize energy efficiency and enhance customer satisfaction. While specific pricing plans for individual products are not disclosed, the company has established a strong market presence, being ranked #12 on Inc's 2023 list of fastest-growing private energy companies.Nexant's future growth strategy focuses on developing new products and enhancing technology capabilities post-acquisition by Resource Innovations. The company aims to expand its offerings into adjacent sectors, leveraging recent funding of USD 43.00 mn raised in the GROWTH round in May 2021. This funding will support the development of innovative solutions and facilitate entry into new markets, enhancing its operational footprint.

## Funding rounds

- Series E, Jul 23, 2010, $33M — Oak Investment Partners, Intel Capital, Telesoft Partners, Beacon Equity Partners
- Series A, Sep 27, 2000, $15M — Hellman & Friedman, Nth Power, MSDW Venture Partners, The Beacon Group

## Investors

- Hellman & Friedman (https://capitalatlas.ai/funds/hellman-friedman) — Series A
- Nth Power (https://capitalatlas.ai/funds/nth-power) — Series A
- MSDW Venture Partners (https://capitalatlas.ai/funds/msdw-venture-partners) — Series A
- The Beacon Group — Series A
- Oak Investment Partners (https://capitalatlas.ai/funds/oak-investment-partners) — Series E
- Intel Capital (https://capitalatlas.ai/funds/intel-capital) — Series E
- Telesoft Partners (https://capitalatlas.ai/funds/telesoft-partners) — Series E
- Beacon Equity Partners (https://capitalatlas.ai/funds/beacon-equity-partners) — Series E