Nexite
Formerly Quickwy
Connected Merchandise Platform
Startup C Business Software Est. 2018
Total Raised
$100M
C
Last Round
$67M
3 rounds
Investors
6
5 public
Team
3
51-200 employees
Confidence
99/100
News
4
articles
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. Using real-time merchandise performance, availability, and location data, Nexite presents an in-store customer journey analytics solution. With real-time sales funnel insights into customer engagement, abandonment, and conversion, retailers can localize merchandise assortments and inventory allocation. The data is also used to create live heat maps to optimize space utilization and visual merchandising compliance. Nexite's solution also includes secure frictionless commerce to reduce loss while enhancing the customer experience with post-purchase applications and digital product content. With Nexite, staff can spend more time with their customers rather than manually scanning all products in the store (Nexite tag is automatic). They also have real-time location visibility for each item in the store, improving efficiency and customer experience. Plus, they get valuable recommendations from merchandising/operations through the Nexite platform to support an increase in their sales.
Classification
Sector
Business SoftwareSales & Marketing Solutionse-Commerce Tools
Core Technology
CommunicationsBluetoothIOTSensing
Target Customer
Commerce & RetailDistribution ChannelseCommerce Platforms
Business Model
B2B2CB2B
Tags
semiconductorssensorsshopping-experiencefashionenterprise-solutionsretailerscloudwireless-communicationretailnfcmobile-applicationsconnectivitylocation-basediotmanagement-solutions
Funding & Events
Oct 2020
B Round $22M
Vertex Ventures Israel, Intel Capital, Battery Ventures, Pitango Growth
May 2022
C Round $67M
Saban Ventures, Battery Ventures, Intel Capital, Pitango First, Vertex Ventures Israel
Jan 2018
A Round $11M
Battery Ventures (Lead), Vertex Ventures Israel, Pitango First
News (4)
Aug 30, 2022 · www.calcalist.co.il
growth-positive
Attention shoppers: Israeli startups putting the 'AI' in 'retail' management | CTech
CustomersPartners
Aug 23, 2022 · tracxn.com
Growth-Positive
Emerging Startups 2022: Top In Store Retail Tech Startups
Investment
May 11, 2022 · www.calcalist.co.il
growth-positive
Nexite raises $67 million Series C for connected merchandise platform CTech
InvestmentExpand
Jul 2, 2019 · www.themarker.com
growth-positive
נבחרת הסטארטאפים 2019
CustomersPartnersInvestment
Details
Product Stage
Released
Employees
51-200
Exact Count
73
District
Center District
Founded
2018
Registrar
515694990
Crunchbase
nexite
Locations
Yigal Alon St 126, Tel Aviv-Yafo, Israel
Links
Website
LinkedIn
Careers
Admin
Last Update
Jul 10, 2025
Verified by
Hilla Gorokhovsky
Claimed
Yes
Missing
markets
Team (3)
Anat Shakedd
Co-founder & CEO
Founder
Lior Shakedd
Co-founder & CTO
Founder
Guillermo (Willy) Rotstein
Chief Commercial Officer
Internal
Created by
Maor Perlov (maorperlov@gmail.com)
Created
2019-07-02T00:00:00.000Z
Last editor
Jenny Sotnik-Talisman (jenny.sotnik@sncentral.org)