# Nexcade AI

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

- Industry: Software
- Headquarters: London, UK
- Website: www.nexcade.ai
- Total disclosed funding: $5.9M
- Latest round: Seed (Jan 2, 2026)
- Investors on record: 4

## About

Nexcade AI Ltd, is headquartered in London, UK, specializes in advanced artificial intelligence solutions that enhance pricing, quoting, and procurement workflows within the freight industry. Founded in 2025 by Dan Bailey who is currently acting as CEO and co-founder and Tasho Kjosev is acting as co founder and CTO of the Nexcade. Nexcade AI Ltd focuses on automating freight quoting processes through AI-driven solutions. The founder's previous experience in technology and entrepreneurship has shaped the company’s innovative approach to the logistics sector. Nexcade AI offers a suite of advanced artificial intelligence solutions designed to enhance pricing, quoting, and procurement workflows in the freight industry. The core product includes AI agents that automate the entire quoting process, significantly reducing turnaround times by over 90%. Additionally, the platform automates the booking process, ensuring seamless customer order management and carrier bookings. Nexcade's solutions serve a diverse clientele in the logistics and supply chain sectors, including clients like Cardinal Freight, and are designed for use across North America, Europe, and Asia. Nexcade AI generates revenue primarily through subscription models for its AI-driven platform, providing continuous access to its automation tools. The firm partners with logistics companies to integrate its solutions into their operations, offering customized pricing plans that cater to their specific needs. The flagship offering includes end-to-end automation across air, ocean, and road transport, allowing clients to maximize margins and optimize operational efficiency. In June 2026, Nexcade AI Ltd raised USD 6 million in seed funding led by Project A, with participation from returning investors Connect Ventures, MMC Ventures, and Entropy Industrial Capital. Individual investors also participated in the round. The company plans to use the June 2026 funding to support the further development of its products and expansion plans initiatives.

## Funding rounds

- Seed, Jan 2, 2026, $5.9M — MMC Ventures, Connect Ventures, Project A, Entropy Industrial Capital

## Investors

- MMC Ventures (https://capitalatlas.ai/funds/mmc-ventures) — Seed
- Connect Ventures — Seed
- Project A (https://capitalatlas.ai/funds/project-a) — Seed
- Entropy Industrial Capital (https://capitalatlas.ai/funds/entropy-industrial-capital) — Seed