# NEXITE

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

- Industry: Software
- Headquarters: Giv`atayim, Israel
- Website: www.nexite.co.il
- Total disclosed funding: $11M
- Latest round: Series A (Jan 28, 2020)
- Investors on record: 3

## About

Nexite is an Israeli company specializing in strategic digital marketing solutions that enhance online business presence and performance, offering a range of tailored services to meet unique client needs.Nexite operates in the digital marketing space, providing targeted strategies to improve client engagement and visibility online. Founded by Anat Shakedd, Jacopo Di Clementi, and Lior Shakedd, the company is headquartered in Giv`atayim, Israel. It has successfully raised a total of USD 4.2 mn through its Series A funding round on January 28, 2020, led by Vertex Ventures Israel, marking a significant step in its growth. The company has completed 2 deals to date, with a current valuation of USD 21.00 mn.Nexite specializes in strategic digital marketing and creative solutions designed to enhance business presence and performance online. The company offers a comprehensive suite of services, including branding, website development, SEO (Search Engine Optimization), social media management, content marketing, and digital campaigns. By focusing on crafting customized marketing strategies tailored to the unique challenges and operational landscapes of its clients, Nexite aims to generate a steady influx of new customers, ultimately driving sustainable business growth. Their offerings cater to various sectors, addressing the needs of both B2B and B2C clients across multiple geographical markets, including North America and Europe.Nexite's revenue model is centered around service contracts, typically structured as project-based agreements or retainer contracts with clients. These transactions involve detailed consultations to tailor marketing strategies, with clients often engaging for specific services like SEO optimization or social media campaigns. Pricing structures vary depending on the scope of services rendered, with tiered pricing for different levels of service engagement. For instance, clients may opt for comprehensive marketing packages that include branding and web development or choose to focus solely on social media management. The firm collaborates with a diverse range of businesses, including startups and established enterprises, which facilitates a steady revenue stream through ongoing partnerships and service renewals.Nexite plans to leverage the recent funding of USD 4.2 mn from its Series A round to enhance its product offerings and expand into new markets. The company is currently developing additional digital marketing tools aimed at optimizing client engagement and efficiency, with a projected release in the upcoming quarters. Furthermore, Nexite aims to penetrate the Asian market by the end of 2023, focusing on strategic partnerships to establish its presence in this new region. The capital raised will support the development of innovative solutions and the necessary infrastructure to facilitate this expansion.

## Funding rounds

- Series A, Jan 28, 2020, $4.2M — Vertex Ventures Israel
- Series A, Nov 14, 2018, $6.8M — Pitango, Vertex Ventures Israel, Battery Investment Partners

## Investors

- Pitango (https://capitalatlas.ai/funds/pitango) — Series A
- Vertex Ventures Israel (https://capitalatlas.ai/funds/vertex-ventures-israel) — Series A
- Battery Investment Partners — Series A