Financials

Estimates*

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Revenues, earnings & profits over time
EUR2016201720182020202120222023
Revenues<1m<1m<1m6.7m6.7m8.9m14.9m
% growth1 %(8 %)4 %--32 %67 %

Source: Dealroom estimates

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DateInvestorsAmountRound

N/A

Spinout
N/A

CHF1.0m

Seed
N/A

CHF2.0m

Series A

€10.5m

Debt
*

€13.0m

Series B

CHF35.0m

Debt

N/A

Grant

N/A

Late VC

$25.0m

Late VC
*

N/A

Late VC
*

$59.9m

Late VC
Total Funding$102m

Recent News about Nexxiot

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More about Nexxiot
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Nexxiot is a technology startup that operates in the logistics and transportation industry. The company provides solutions that enable real-time visibility and in-depth insights into fleet operations. Nexxiot's primary offering is a platform that integrates data from various technology providers to give a comprehensive view of fleet operations. This helps to overcome the infrastructural challenges that can arise when using multiple technology providers.

The company's solutions are designed to be easily integrated with third-party devices or data sources. This means that clients can use Nexxiot's platform alongside their existing technology infrastructure, making it a flexible and adaptable solution.

Nexxiot's clients are primarily businesses in the logistics and transportation sector. These businesses use Nexxiot's solutions to gain a better understanding of their fleet operations, which can help them to improve efficiency and profitability.

The company's business model is based on providing its platform as a service. Clients pay a subscription fee to access the platform and use its features. This provides Nexxiot with a steady stream of recurring revenue.

Nexxiot has also formed strategic partnerships with other companies in the industry. These partnerships, such as those with COAST Autonomous, Deloitte, and Rail Systems Australia, help to enhance the company's offerings and expand its reach in the market.

In summary, Nexxiot is a technology startup that provides data integration and analysis solutions for businesses in the logistics and transportation industry. The company's platform helps clients to gain a comprehensive view of their fleet operations, enabling them to improve efficiency and profitability.

Keywords: Technology Startup, Logistics, Transportation, Data Integration, Fleet Operations, Third-Party Integration, Real-Time Visibility, Strategic Partnerships, Subscription-Based Business Model, Profitability Improvement.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.

Investments by Nexxiot

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ACQUISITION by Nexxiot Sep 2021