Nexla

Overview
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Data Infrastructure & Analytics?
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Integration solutions
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Nexla is a data engineering automation platform that transforms raw data into ready-to-use formats for enterprise users. The platform's core technology, Nexsets, converts data into logical entities that provide consistent interfaces regardless of data schema, format, or velocity. Using a no-code/low-code interface, the platform enables data integration, preparation, monitoring, and governance capabilities. Users can create bi-directional data flows between files, databases, APIs, streams, and warehouses, with the ability to deploy to production within 24 hours. The platform features automated data sampling, smart validations, error management, and comprehensive monitoring tools. In March 2023, Nexla introduced a Private Data Product Marketplace that allows organizations to share and repurpose data products internally. The company expanded its capabilities through the acquisition of Fidap in August 2022, adding pre-packaged datasets including US Census and Federal Reserve data, as well as commercial datasets such as equities market data. As of 2022, the company reported a 300% year-over-year growth rate while maintaining cash-flow positive operations for fifteen months.

Key customers and partnerships

Nexla's customer base spans various industries and includes major enterprises such as JPMorgan, Johnson & Johnson, LinkedIn, DoorDash, Forever 21, Instacart, Bed Bath & Beyond, and Poshmark. The platform has helped organizations reduce data integration timelines from three months to 1.5 months and decrease data flow maintenance time from 50-60% to just 5% of analyst time.


Sources

Disclaimer: This company profile has been generated using data obtained through automated web searches and advanced generative AI technology. While we strive to ensure the accuracy and reliability of our sources, auto-generated information could be outdated or inaccurate and should be verified independently.
HQ location:
San Mateo CA USA
Founded year:
2016
Employees:
101-250
IPO status:
Private
Total funding:
USD 33.5 mn
Last Funding:
USD 18.0 mn (Series A; Jul 2023)
Last valuation:
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