Nexite

Connected Merchandise Platform

Business Software
Active
Series C Tel Aviv-Yafo, Israel Founded 2018
Last updated 2026-06-18
Total raised
$100.0M
Last: 2022-05
Stage
Series C
Founded
2018
Headcount
73
HQ
Tel Aviv-Yafo, Israel
Sector
Business Software

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.

Funding history · 3 rounds · $100.0M total

Q&A

What is Nexite's primary business?
Nexite provides a connected merchandise platform that links physical merchandise to the cloud, offering retailers an automated in-store technology solution to boost sales and enhance customer experiences.
When was Nexite founded?
Nexite was founded in July 2018.
What is the total amount of funding Nexite has raised to date?
Nexite has raised a total of $100,000,000 USD across all funding rounds.
When was Nexite's most recent funding round and how much was raised?
Nexite's most recent funding round occurred in May 2022, raising $67,000,000 USD.
Which investors participated in Nexite's May 2022 funding round?
The May 2022 funding round included investors such as Saban Ventures.
Who are the co-founders of Nexite?
The co-founders of Nexite are Anat Shakedd (Co-founder & CEO) and Lior Shakedd (Co-founder & CTO).
What are the primary sectors Nexite operates in?
Nexite's primary sector is Business Software, with additional operations in Sales & Marketing Solutions and e-Commerce Tools.

Team · 2

Founder · Co-founder & CEO
LinkedIn ↗
Founder · Co-founder & CTO
LinkedIn ↗

Sectors & technology

Primary sector
Business Software
Sub-sectors
Business SoftwareSales & Marketing Solutionse-Commerce Tools
Technologies
CommunicationsBluetoothIOTSensing
Target customers
Commerce & RetailDistribution ChannelseCommerce Platforms
Business model
B2B2CB2B

Highlights

Verified

Tags

semiconductorssensorsshopping-experiencefashionenterprise-solutionsretailerscloudwireless-communicationretailnfcmobile-applicationsconnectivitylocation-basediotmanagement-solutions
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