Nextiva

Cloud-based communication solutions for businesses

Scottsdale, Arizona, United States

About Nextiva

Nextiva offers cloud-based communication solutions for small to medium-sized businesses and enterprises, with a focus on VoIP phone services that allow calls over the internet. Their NextOS platform integrates various tools such as video conferencing, team messaging, and CRM software to streamline business communications. Unlike competitors, Nextiva's subscription-based model allows for customization and scalability, while also providing SIP trunking services for modernizing existing phone systems. The company's goal is to enhance business operations and customer interactions through efficient communication tools.

Scottsdale, ArizonaHeadquarters
2008Year Founded
$194.5MTotal Funding
GROWTH_EQUITY_VCCompany Stage
Data & Analytics, Enterprise SoftwareIndustries
1,001-5,000Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
Flexible Work Hours
Paid Sick Leave
Paid Holidays
401(k) Retirement Plan
401(k) Company Match
Wellness Program
Mental Health Support
Professional Development Budget

Risks

Increased competition from Twilio could threaten Nextiva's market share in AI solutions.
Thrio acquisition may present integration challenges and disrupt service delivery.
New leadership may lead to strategic shifts unsettling existing customer relationships.

Differentiation

Nextiva offers a unified customer experience platform with AI-driven analytics and automation.
The company provides a comprehensive suite of communication tools, including VoIP and video conferencing.
Nextiva's subscription-based model ensures steady revenue and scalability for growing businesses.

Upsides

Rising demand for integrated communication platforms boosts Nextiva's Unified-CXM platform growth.
Thrio acquisition enhances Nextiva's AI capabilities and market reach in contact center solutions.
5G network expansion improves VoIP service quality, benefiting Nextiva's core offerings.

Funding

Total raised$194.55 M
Latest valuation$2.70 B
StageGROWTH_EQUITY_VC
GROWTH EQUITY VC
8/31/2021
$200
$2.70 B