Nexient Overview

  • Year Founded
  • 2009

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 1,000

Employees

  • Latest Deal Type
  • M&A

Nexient General Information

Description

Provider of domestic software development consulting intended to strengthen digital innovation. The company fosters a project-to-product mindset, ensures lasting value beyond development ideation and personifies product-minded development to help drive revenue, loyalty and growth, thereby offering technology businesses innovative and effective software.

Contact Information

Website
www.nexient.com
Formerly Known As
Systems In Motion
Ownership Status
Acquired/Merged
Financing Status
Formerly VC-backed
Corporate Office
  • 8000 Jarvis Avenue
  • Newark, CA 94560
  • United States
Primary Industry
IT Consulting and Outsourcing
Acquirer
Vertical(s)
Big Data, CloudTech & DevOps, SaaS, TMT
Corporate Office
  • 8000 Jarvis Avenue
  • Newark, CA 94560
  • United States

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Nexient Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
4. Merger/Acquisition 23-Jun-2021 Completed Generating Revenue
3. Debt - PPP 14-Apr-2020 Completed Generating Revenue
2. Grant 27-Mar-2018 $1.5M $5M Completed Generating Revenue
1. Early Stage VC 01-Jan-2009 $5M $5M Completed Startup
To view Nexient’s complete valuation and funding history, request access »

Nexient Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Provider of domestic software development consulting intended to strengthen digital innovation. The company fosters a pr
IT Consulting and Outsourcing
Newark, CA
1,000 As of 2022

Ahmedabad, India
 

Princeton, NJ
 
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Nexient Competitors (49)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
E2logy Corporation Ahmedabad, India
Gavs Technologies Private Equity-Backed Princeton, NJ
Cybage Corporation Pune, India
Damco Solutions Corporation Princeton, NJ
Oakwood Venture Capital-Backed Saint Louis, MO
You’re viewing 5 of 49 competitors. Get the full list »

Nexient Signals

Growth Rate

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Growth
Weekly Growth

Size Multiple

Median
Size Multiple

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Nexient Former Investors (2)

Investor Name Investor Type Holding Investor Since Participating Rounds
Cervin Ventures Venture Capital Minority
Michigan Economic Development Government
To view Nexient’s complete investors history, request access »

Nexient Acquisitions (2)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Zuna Infotech 25-Mar-2014 Application Software
Claritics 05-Dec-2013 Merger/Acquisition Vertical Market Software
To view Nexient’s complete acquisitions history, request access »

Nexient FAQs

  • When was Nexient founded?

    Nexient was founded in 2009.

  • Who is the founder of Nexient?

    Debashish Sinha and Michael Parks are the founders of Nexient.

  • Where is Nexient headquartered?

    Nexient is headquartered in Newark, CA.

  • What is the size of Nexient?

    Nexient has 1,000 total employees.

  • What industry is Nexient in?

    Nexient’s primary industry is IT Consulting and Outsourcing.

  • Is Nexient a private or public company?

    Nexient is a Private company.

  • What is Nexient’s current revenue?

    The current revenue for Nexient is .

  • How much funding has Nexient raised over time?

    Nexient has raised $5M.

  • Who are Nexient’s investors?

    Cervin Ventures and Michigan Economic Development have invested in Nexient.

  • Who are Nexient’s competitors?

    E2logy, Gavs Technologies, Cybage, Damco Solutions, and Oakwood are some of the 49 competitors of Nexient.

  • When was Nexient acquired?

    Nexient was acquired on 23-Jun-2021.

  • Who acquired Nexient?

    Nexient was acquired by NTT Data Group.

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