# Nexite

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/nexite-2

- Industry: Software
- Headquarters: Tel Aviv, Israel
- Website: www.nexite.io
- Total disclosed funding: $100M
- Latest round: Series C (May 11, 2022)
- Investors on record: 5

## About

Based in Tel Aviv, Israel, and founded in 2017 by its CEO Anat Shakedd and CTO Lior Shakedd, Nexite Ltd. operates as a data platform for real-time in-store intelligence and retail shopping. In May 2022, Nexite Ltd. raised USD 67 million in series C funding co-led by new investor Saban Ventures and returning investor Pitango Venture Capital, with participation from other returning investors Battery Ventures, Intel Capital, and Vertex Ventures Israel. 

Nexite Ltd. offers a data platform connecting physical merchandise to the cloud, enabling brands to increase in-store revenue with sales funnel analytics used in eCommerce. The company provides actionable insights and its patented, first-of-its-kind, battery-free NanoBT (Bluetooth) tag is attached to merchandise including mobile self-checkout, returns, and click-and-collect, driving omnichannel sales.

Nexite Ltd. will use the series C funding to expand operations and its business reach.

## Funding rounds

- Series C, May 11, 2022, $67M — Battery Ventures, Pitango, Vertex Ventures Israel, Intel Capital, Saban Ventures
- Series B, Oct 26, 2020, $22M — Battery Ventures, Pitango, Vertex Ventures Israel, Intel Capital
- Series A, Nov 14, 2018, $11M — Battery Ventures, Pitango, Vertex Ventures Israel

## Investors

- Battery Ventures (https://capitalatlas.ai/funds/battery-ventures) — Series A, Series B, Series C
- Pitango (https://capitalatlas.ai/funds/pitango) — Series A, Series B, Series C
- Vertex Ventures Israel (https://capitalatlas.ai/funds/vertex-ventures-israel) — Series A, Series B, Series C
- Intel Capital (https://capitalatlas.ai/funds/intel-capital) — Series B, Series C
- Saban Ventures (https://capitalatlas.ai/funds/saban-ventures) — Series C