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- Nextiva
Nextiva Revenue, Valuation, Funding & Investors
Nextiva is valued at $2.7B as of September 2021, a 10.8x multiple on its last reported $250M revenue.
Last Nextiva valuation
$2.7B
Undisclosed stage · Sep 2021
Last Nextiva funding round
$200M
Undisclosed stage · Sep 2021
Nextiva revenue
$250M
Undisclosed stage · Sep 2021
Key investors in Nextiva
Goldman Sachs Asset Management
About Nextiva
Nextiva is a Scottsdale-headquartered provider of unified customer experience management platforms, enabling businesses to orchestrate customer journeys through AI-powered communication tools including voice, video, chat, and CRM integrations. Launched in 2006, the company supports contact centers and remote teams with features like call routing, analytics dashboards, and omnichannel support. Nextiva maintains a strong presence in North America, partnering with enterprises to streamline customer interactions via its cloud-based infrastructure.
Founded
2008
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Subscription
Revenue
$250M (Sep 2021)
Valuation
$2.7B (Sep 2021)
Nextiva Valuation
Nextiva is currently valued at $2.7B, based on its undisclosed-stage round in September 2021.
The $200M round was led by Goldman Sachs Asset Management.
Nextiva valuation by funding round
| Date | Stage | Valuation | Revenue Multiple |
|---|---|---|---|
| Sep 2021 | Undisclosed stage | $2.7B | 10.8x |
Nextiva Revenue
Nextiva's latest recorded revenue is $250M, as of its undisclosed-stage round in September 2021. At a $2.7B valuation, that implies a 10.8x revenue multiple.
Nextiva revenue by funding round
| Date | Revenue * | Valuation | Revenue Multiple | Stage |
|---|---|---|---|---|
| Sep 2021 | $250M | $2.7B | 10.8x | Undisclosed stage |
* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.
Nextiva Funding History
Nextiva has raised a total of $200M across 1 funding round.
Nextiva funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Sep 2021 | Undisclosed stage | Goldman Sachs Asset Management (lead) | $200M | $2.7B | Nextiva, a Scottsdale, Arizona-based connected communications company, raised $200 million in its first external funding round on September 14, 2021, from Goldman Sachs Asset Management at a $2.7 billion valuation. The funding aims to accelerate innovation in communications, customer management, intelligence, and automation, integrating these into a single platform called NextOS to help businesses build stronger customer relationships. Nextiva positions itself as the largest privately held business communications provider in the U.S., competing with companies like RingCentral, Vonage, and Zoom, and plans to expand go-to-market efforts and enter global markets, with existing offices in Kyiv and Guadalajara. The round caps a year of significant growth, with Nextiva reporting $250 million in annual recurring revenue (ARR), alongside continued product development. NextOS connects business applications, AI, and automation to manage all customer and team communications in one place, addressing the challenge of businesses using 15-25 disparate apps that lead to siloed data and inefficient workflows. CEO Tomas Gorny emphasized how the platform surfaces insights from interactions to enable better customer understanding and business acceleration. Goldman Sachs Asset Management, overseeing over $2 trillion in assets, led the investment, with Vice President Stephen Kerns highlighting Nextiva's market-leading position at the nexus of customer conversation and engagement. The company maintains a channel-first strategy, enhancing marketing programs, field sales, and partner services to drive growth amid rising demand for hybrid and remote work solutions. This funding reflects a market shift toward integrated tools prioritizing customer communication. |
Who has invested in Nextiva?
1 investor has backed Nextiva across its funding rounds, including Goldman Sachs Asset Management.
Lead investors include Goldman Sachs Asset Management.
Nextiva Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
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Start Free TrialAcquisitions by Nextiva
Nextiva has acquired 2 companies to date.
Last acquisition by Nextiva was on January 18th 2024. Nextiva acquired Thrio for undisclosed valuation.
Latest Acquisitions by Nextiva
| Description | - | Simplify360 is a Gurugram-headquartered AI suite unifying social listening, live chat, email, reviews, and e-commerce monitoring. Brands track sentiment across 50+ channels with automation for responses and reputation alerts. Serving telecom like Airtel and retail like Flipkart since 2010, it analyzes 1 billion conversations yearly for 500+ enterprises. |
| HQ Country | ||
| HQ City | - | Dallas, TX |
| Deal Date | 18 Jan 2024 | 19 Apr 2023 |
| Valuation | undisclosed | undisclosed |
| EV/Revenue | ||
| EV/EBITDA | ||
This data is available for Pro users. Sign up to see all Nextiva acquisitions and their M&A valuation multiples. Start Free Trial | ||
Nextiva Competitors
Nextiva competitors include listed companies like SoundHound and Sprout Social, and private ones like Dialpad, Iterable, Outreach and GupShup.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $169M | $19M | $2.7B | 11.3x | ||
| Private | $125M | - | $2.3B | 18.0x | ||
| Private | $200M | - | $2B | 10.0x | ||
| Private | $125M | - | $4.4B | 35.2x | ||
| Private | $150M | - | $1.4B | - | ||
| Publicly listed | $458M | ($31M) | $656M | 1.2x |
Nextiva Public Comps
Nextiva is still privately-owned, but its public comps include SoundHound, Five9, Braze, AvePoint, Asana, Calix, Freshworks, Sinch, Marketingforce Management and Sansan.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $169M | $19M | 14.6x | 11.3x | 132.5x | (35.5x) | |||
| $1.1B | $91M | 2.4x | 2.2x | 30.1x | 9.1x | |||
| $738M | ($109M) | 3.4x | 3.0x | (23.2x) | 33.6x | |||
| $419M | $42M | 5.9x | 5.1x | 58.4x | 27.4x | |||
| $791M | ($175M) | 2.8x | 2.7x | (12.8x) | 22.8x | |||
| $1B | $38M | 2.0x | 1.8x | 52.9x | 13.6x | |||
| $839M | $41M | 3.2x | 2.9x | 65.7x | 11.3x | |||
| $2.8B | $313M | 1.5x | 1.4x | 13.2x | 11.1x | |||
This data is available for Pro users. Sign up to see all Nextiva competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Nextiva
| When was Nextiva founded? | Nextiva was founded in 2008. |
| Where is Nextiva headquartered? | Nextiva is headquartered in Phoenix, AZ, United States. |
| Is Nextiva publicly listed? | No, Nextiva is a private, VC-backed company. |
| What is Nextiva's valuation? | Nextiva was last valued at $2.7B in its undisclosed-stage round in September 2021. |
| How much funding has Nextiva raised? | Nextiva has raised $200M across 1 funding round. |
| What was Nextiva's last funding round? | Nextiva's last funding round was a $200M undisclosed-stage round in September 2021, led by Goldman Sachs Asset Management. |
| Who are Nextiva's investors? | Nextiva's investors include Goldman Sachs Asset Management. |
| What is Nextiva's revenue? | Nextiva's latest recorded revenue is $250M (September 2021). |
| What is Nextiva's revenue multiple? | Nextiva's latest valuation implies a 10.8x revenue multiple ($2.7B valuation on $250M of revenue). |
| Which companies are comparable to Nextiva? | Companies comparable to Nextiva include SoundHound, Dialpad, Iterable, Outreach, GupShup and Sprout Social. |
| How many companies has Nextiva acquired? | Nextiva has acquired 2 companies, including Thrio and Simplify360. |
See companies similar to Nextiva
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