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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…
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.
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