{"_id":"agxzfmlsbGlzdHNpdGVyGAsSC05ld19Db21wYW55GICA4KyN0ZUIDA","lastupdate":"2022-10-06T00:00:00.000Z","update_date":"2022-10-06T00:00:00.000Z","lastModified":"Jul 10, 2025","active":1,"confidence_score":99,"confidence_score_reason":"markets","urlname":"nexite","minimal_profile":null,"status":"","fullstatus":"","acquired":0,"hide_reason":null,"hide_reason_data":null,"hide_reasons":[{"id":"8257rxn4P8EFQOmS5hAAauHyYMhhxrA5u6yWX4XUShpybX3AMNo3Y9","reason":"Pending approval - External entity"},{"id":"aOIaOiiqfpA8UMw6VCTh8ueRmkG3lzDy1NGqEOaJbe11OrCzMTCCd6","reason":"The company is a service provider"},{"id":"ddgjKuc3GgH8E5UehSVJviRl471BCajL1plO8HtGoOojy2NivYqQ7x","reason":"Owner asked to delete"},{"id":"EjOKM211H1ira9J63oaGPuUxvr7Oba55TZo3NWsFO5uhbNu7o4x4zD","reason":"The company is not Israeli"},{"id":"J7fQJtnT3GdWWSE3MD8rzaW65LJ4jEIKxSZnneQiReONdZjG3zIqWe","reason":"Owner asked to hide in the meantime"},{"id":"NxlAC3ReFb5ksiYNLp2FnUyluoJzwRCYfcF7xpTZaPM53SdWQ5kv0B","reason":"Pending approval"},{"id":"RhC1tlwXzioK0MfzBII3H2wepEfQOfKVktmdwqeqTJjGi3ZaBWUqZo","reason":"The company is not innovative"},{"id":"S0Ed46vNI6vZYVxLedANWGjas23K6hY0QdsCtiGYL7lshqIEdLV3sA","reason":"The company ceased operations in Israel"},{"id":"VTANq7bEvlsEcPjp0ghelXfShaCosgndONGjgU730aAOxXtaDIF5j3","reason":"This is a product of an existing company"}],"type":"Startup","logokey":"$wwMOy7HJeOuWWEDH5jSawnjSkO9ZddSBjHjgDPkpAus1HU8l39Ebsb","name":"Nexite","oneliner":"Connected Merchandise Platform","registrar":"515694990","website":"https://nexite.io","careerspage":"https://nexite.io/careers","founded_month":8,"founded_year":2018,"formernames":["Quickwy"],"sociallinks":{"twitter":"","youtube":"https://www.youtube.com/channel/UCp-noYPP0wodijhj4uPcr3Q","facebook":"","linkedin":"https://www.linkedin.com/company/18658875","instagram":""},"social":["https://www.linkedin.com/company/18658875","https://www.youtube.com/channel/UCp-noYPP0wodijhj4uPcr3Q"],"flattenedsociallinks":"https://www.linkedin.com/company/18658875|https://www.youtube.com/channel/UCp-noYPP0wodijhj4uPcr3Q","apps":{"appstore":"","googleplay":""},"is_claimed_by_owner":1,"employees":"51-200","employees_exact":73,"patent":0,"raised":100000000,"stage":"C","public_stage":"C","primary_sector_key":"agxzfmlsbGlzdHNpdGVyJAsSF0Jhc2VDbGFzc2lmaWNhdGlvbk1vZGVsGICA4JvZwIIIDA","primary_sector":"Business Software","alternativenames":[""],"about":"Nexite’s connected merchandise platform connects physical merchandise to the cloud, providing retailers with an automated, in-store tech solution to drive sales and offer new customer experiences.\n\nUsing real-time merchandise performance, availability, and location data, Nexite presents an in-store customer journey analytics solution. 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The sector includes companies providing technology solutions for offline retailers, such as inventory management, marketing, payments, and customer engagement. Notably, half of the sectors funding has been raised in the last three years (2019-2021). Major investors in the sector include Y Combinator, Techstars, Sequoia Capital, Accel, and Plug and Play Tech Center.","partners":"Not mentioned","customers":"Not mentioned","investors":"Y Combinator, Techstars, Sequoia Capital, Accel, Plug and Play Tech Center","confidence":9,"key_topics":"Startups, Funding, Retail Technology, Investors, Growth","date_of_event":"August 23, 2022","valuation_amount":"Not mentioned","impact_on_company":"Growth-Positive","investment_amount":"USD 27.1B","structured_issues":"Investment","acquisition_amount":"Not mentioned","structuredIssuesShow":"#Investment","entityGrowthIconPath":"url(/assets/circle-green.svg);"},"sentiment":"Growth-Positive","analysisId":"Yabx6Tj3pzyLDMgva3thsQuAJGxRpvrSNWpZZVVBVIsYOltwMd4Xrd","news_summary":"Emerging Startups 2022: Top In Store Retail Tech Startups","analysisStructuredIssuesDisplay":"block","analysisImpactOnCompanyDisplay":"block"},{"id":"a9c2fe50-d2cd-4784-80a9-ace6a2022cfd","date":"May 11, 2022","link":"https://www.calcalist.co.il/ctechnews/article/hkv4kwkuq","source":"www.calcalist.co.il","visible":1,"analysis":{"tags":"real-time data platform","company":"Nexite","layoffs":null,"summary":"Israeli startup Nexite has raised a $67 million Series C investment to support its data platform for real-time in-store intelligence. The platform uses battery-free, long-range communication technology to provide a continuous stream of data, enabling brands to increase in-store revenue with real-time sales funnel analytics. The funding round, led by Pitango Growth and Saban Ventures, brings Nexites total funding to $100 million. The company plans to increase its employee count from 72 to 100 in the coming year. Nexites data platform connects physical merchandise to the cloud, providing actionable insights to optimize store sales per square foot. 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The tag collects the energy required for its operation from the environment, without the need for a battery, and transmits the items identity and location in real-time. For customers, this product can provide a similar experience to Amazon Go, automatically charging them for items as they leave the store and allowing them to locate products they saw online in real-time. For fashion retailers, Nexite develops applications for use with the tag, such as inventory management and data analysis. The product also allows retailers to replace the cumbersome security magnet currently attached to clothes. 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