Nexoya
Konradstrasse 32, Zürich, Zurich, 8005, Switzerland
Overview
Nexoya provides an AI-driven platform that combines campaigns with the same target across channels into a single portfolio and uses predictive analytics to optimize and automatically shift budgets across 40 digital advertising channels. The company serves marketing departments at customers such as Generali, Yuh, Magix, Sunrise and Kardex. Led by CEO Marco Hochstrasser, Nexoya employs 24 people across offices in Zurich and Berlin. In 2022 the company tripled its revenue and reported stable month-on-month growth of 12.5 percent. Nexoya plans to use the new funding to further develop its AI platform, integrate additional advertising channels, strengthen growth in Switzerland and Germany, and expand into markets including Italy and the UK. nexoya provides the "nexoya Marketing Analytics" SaaS platform that uses machine learning and artificial intelligence to optimize multi-channel marketing campaigns. The platform has been optimizing marketing campaigns since 2018 and added a "Campaign Optimization" feature in November 2020 that produces weekly cross-channel budget proposals. Customers named in the article include Generali Schweiz, CSS Insurance, Emmi Group, and Kardex Holding. The startup has grown since a 2019 seed financing and currently employs 18 people. nexoya raised CHF 1.4 million in an investment round to accelerate growth and regional expansion. The company plans to expand into Germany and is establishing a GmbH as a German subsidiary of nexoya AG.
- Total raised
- $7M
- Funding rounds
- 2
- Latest round
- Series A
- Latest activity
- Mar 2023
Industries
- Advertising
- Analytics
- Digital Marketing
- Marketing
- Predictive Analytics
Recent funding
Series A
Mar 2023
$5M
Equity
May 2021
$2M