Nexite brings merchandise to life. Passive products are transformed into active digital communicators, delivering retailers a continuous stream of real-time data. The data automatically flows in from the merchandise, telling their complete life story from their first stitches in the factory, to their final destination at the customer's closet. In a world full of scanners, manual processes, and almost no data at all, Nexite merges the online and the offline, optimizes revenue based on real-time insights, and delivers game-changing retail experiences.
Our ThesisIn a world full of scanners, manual processes, and almost no data at all, Nexite is reinventing physical retail with real-time in-store insights, and game-changing retail experiences that optimize sales. Nexite's patented battery-free NanoBT (Bluetooth) long-range tag provides item-level intelligence with data aggregated from a product’s location, availability and performance and is aligned to customer journey behavior. This solution forms a comprehensive, constantly updated image of what's happening in a retailer's stores to enable true unified commerce.
Investment LeadRoi Bar-Kat
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