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.
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