Nextance
Latest round
- Series E
Last raised
- Apr 2006
Total raised
- $16M
Investors
- 4
About Nextance
Nextance Inc., founded in 2000 in Austin, US, specializes in enterprise software solutions. The company was acquired by Versata Enterprises, Inc. in September 2007 for an undisclosed sum.Nextance specializes in enterprise software solutions designed to streamline and enhance the management of business processes. Their core offerings include a comprehensive suite of tools that focus on contract lifecycle management, digital invoice processing, and analytics to optimize operational efficiency. These products are geared towards addressing challenges such as contract compliance, financial oversight, and data-driven decision-making within organizations. The primary users of Nextance's services are mid to large-sized enterprises across various sectors including finance, healthcare, and technology, which utilize their products to improve workflow and reduce administrative burdens.Nextance generates revenue through a subscription-based model, providing clients with access to its software suite on a yearly or monthly basis. Clients typically engage in contractual agreements that outline the terms of service and associated costs, which may vary based on the scale of usage and the specific services selected. The revenue structure is designed to support B2B interactions, allowing businesses to integrate Nextance's solutions into their existing operations seamlessly. The company may also offer tiered pricing plans that cater to different levels of service, enabling clients to choose options that best fit their needs.Nextance is focusing on developing new products aimed at enhancing its software capabilities and plans to launch these products by the end of 2024. The company is also targeting expansion into new markets, specifically in the Asia-Pacific region by 2025.
Who invested in Nextance
4 investors across 2 rounds
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Questions about Nextance
Who invested in Nextance?
Nextance has 4 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Nextance raised?
Nextance has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Nextance last raise money?
Nextance's most recent round on record is a Series E, in Apr 2006.
What does Nextance do?
Nextance is a software company.
Where is Nextance headquartered?
Nextance is headquartered in Austin, US.
Which VCs invest in companies like Nextance?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Nextance's stage. Their profiles are linked below.
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