Nexa AI
PrivateLast Round
Series A
Aug 8, 2024
Total Funding Raised
$8.75M
Company Overview
Nexa AI is a Silicon Valley-based artificial intelligence company founded in 2023 that specializes in on-device AI solutions. The company develops compact, efficient, multimodal large language models (LLMs) and edge deployment technologies, enabling AI to run directly on hardware such as PCs, mobile devices, and wearables. This approach focuses on ensuring data privacy, reducing latency, and providing cost-effective AI capabilities without reliance on cloud connectivity. Nexa AI provides a software development kit (SDK) and has created a series of models known as Octopus, which are designed to be integrated into various applications for tasks like workflow automation. The company is backed by venture capital and targets enterprises and developers.
Sector
AI, Data & Cloud Infrastructure
Verticals
ML Platforms, Edge Computing, NLP & Conversational AI, Computer Vision
Business Model
B2B
Customer Profile
Subscription SaaS, Freemium, Usage-Based SaaS, Services & Consulting
AI Layer
Infrastructure
Keywords
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Nexa AI Comps
Public and private peers based on sector, stage, and business model.
Nexa AI Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series A | Aug 8, 2024 | ||||
| Seed | Feb 20, 2024 |
Nexa AI Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Fusion Fund | Seed |
| Maxitech | Seed |
| Alumni Ventures | Seed |
Nexa AI Filings
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| Typed | Date | Amount Offered | Amount Sold | Filling | Pages | Download |
|---|---|---|---|---|---|---|
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Frequently Asked Questions
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