NexLP - About the company
NexLP is an acqui-hired company based in Chicago (United States), founded in 2013 by Dan Roth. It operates as a Provider of a cloud based text analytics solution. NexLP has raised $5.12M in funding from Techstars and Method Capital. The company has 1825 active competitors, including 211 funded and 134 that have exited. Its top competitors include companies like data.ai, Glean and Domo.
Company Details
Provider of a cloud based text analytics solution. It uses machine learning algorithms for natural language processing in its proprietary story engine. The engine can be used to transform the electronic unstructured data into searchable profiles about people, places, and events. It can also identify the trends and use them to provide actionable insights.
- Website
- nexlp.com
Key Metrics
Founded Year
2013
Location
Chicago, United States
Stage
Acqui-Hired
Total Funding
$5.12M in 3 rounds
Latest Funding Round
Ranked
316th among 1825 active competitors
Employee Count
10 - 49 as on Mar 01, 2026
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NexLP's funding and investors
NexLP has raised a total funding of $5.12M over 3 rounds. Its first funding round was on May 20, 2014. Its latest funding round was a Series A round on Oct 26, 2017 for $*****. 2 investors participated in its latest round. NexLP has 5 institutional investors.
Here is the list of recent funding rounds of NexLP:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Oct 26, 2017 | 4851645 | Series A | 7399961 | 3018802 | 3616488 | 2895841 |
Aug 28, 2014 | 2967509 | Seed | 2396601 | 7330762 | 7618334 | 7978641 |
May 20, 2014 | 9790336 | Seed | 6537748 | 5279875 | 5289835 |
View details of NexLP's funding rounds and investors
NexLP's founders and board of directors
Founder? Claim ProfileThe founders of NexLP is Dan Roth.
Here are the details of NexLP's key team members:
View details of NexLP's Founder profiles and Board Members
NexLP's employee count trend
NexLP has 10 - 49 employees as of Mar 26. Here is NexLP's employee count trend over the years:
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NexLP's Competitors and alternates
Top competitors of NexLP include data.ai, Glean and Domo. Here is the list of Top 10 competitors of NexLP, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | data.ai 2010, San Francisco (United States), Acquired | AI based market data analysis for generating consumer insights | $157M | 81/100 | |
2nd | Glean 2019, San Francisco (United States), Series F | Cloud-based platform for enterprise search | $765M | 77/100 | |
3rd | Domo 2010, American Fork (United States), Public | Provider of an AI and data products platform for businesses | $730M | 75/100 | |
4th | Disco 2012, Houston (United States), Public | Provider of AI-powered software and services for legal discovery processes | $195M | 73/100 | |
5th | Elastic 2012, San Francisco (United States), Public | Cloud based text analytics platform | $104M | 72/100 | |
6th | Aviso 2012, Redwood City (United States), Series B | AI powered predictive analytics platform | $31M | 72/100 | |
7th | Starburst 2017, Boston (United States), Series D | Developer of a data lakehouse platform designed for data analysis | $414M | 71/100 | |
8th | Meltwater 2001, San Francisco (United States), Acquired | Cloud based suite of marketing solutions | - | 70/100 | |
9th | Everlaw 2010, Berkeley (United States), Series D | Cloud based eDiscovery and litigation software | $517M | 70/100 | |
10th | Provider of AI-powered search and recommendation solutions for enterprise businesses | $358M | 70/100 | ||
316th | NexLP 2013, Chicago (United States), Acqui-Hired | Provider of a cloud based text analytics solution | $5.12M | 31/100 |
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NexLP's Investments and acquisitions
NexLP has made no investments or acquisitions yet.
Reports related to NexLP
Here is the latest report on NexLP's sector:
News related to NexLP
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Reveal Acquires NexLP to become the leading AI-powered eDiscovery SolutionPR Newswire•Aug 11, 2020•Reveal Data, NexLP
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Trustpoint.One Announces New Chicago-based Ai Consulting GroupPR Newswire•Feb 05, 2020•Trustpoint.One, NexLP
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Morgan Lewis Furthers Its AI Client Offerings with NexLP's Story EngineAiThority•Apr 10, 2019•NexLP,
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Reveal Data and NexLP Combine Technology Stack to Provide All-In-One AI SolutionPR Newswire•Jan 28, 2019•Reveal Data, NexLP
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10 New Companies for Techstars Summer 2014 Chicago Session - TechstarsTechstars•May 20, 2014•NexLP, Techstars, WeDeliver
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