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The Venture Codex

Nexxus Global

120 Newport Center Dr, Newport Beach, CA, 92660, United States

Overview

US-based technology active investor with a focus on growth investments across Software/SaaS, financial technology and enterprise solutions.

Total investments
1
Lead investments
0
Investments · 12mo
0
Active investors
0
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Investment portfolio

  • Airmeet

    Participated · Series B · Feb 2022

    Airmeet offers a 360-degree attendee engagement suite with two product formats—Conference and Social Webinar—enabling webinars, hybrid conferences, trade shows, and workshops. The platform supports up to 100,000 participants and aims to extend into virtual reality and the metaverse to deliver more immersive experiences. Airmeet reports strong growth: recurring revenue scaled 24X since its Series A, it is growing 30% month-over-month, and has enabled more than 120,000 event organizers to stream 150 million minutes of video airtime globally. Over 5,500 brands use Airmeet’s platform to host events every month. The company is remote-first, headquartered in the USA, employs 300+ people across India and North America, and was co-founded in 2019. Airmeet targets marketers, community managers, sales, and customer-relationship teams and plans to invest in R&D and scale its go-to-market function. Airmeet is a virtual-events platform that lets users and businesses host interactive online events with features like backstage areas, table-based networking and sponsor integrations that replicate aspects of physical events. The platform is in public beta and operates on a freemium model, charging businesses based on usage. Airmeet is built on WebRTC, is accessible through Chrome and Firefox, and sessions are end-to-end encrypted; it does not have a native mobile app though mobile browsers can consume sessions. Usage on the platform grew 2,000% over the last quarter without any advertising. In recent months it expanded use cases beyond large conferences to professional meetups at film festivals, university resource fairs and technical industry summits. Airmeet plans to use new funding to add features and scale globally. Airmeet is a virtual meetup management startup that provides tools to organize and manage virtual meetups. The article reports that Airmeet has raised $3 million in a funding round led by Accel India. No other investors were named in the piece. The article does not disclose the funding instrument (equity, debt, etc.), valuation, revenue, or user metrics. There is no information on the company's founding year, location, prior rounds, or detailed product roadmap. The brief report also omits use of proceeds and other strategic plans.

Team

No current team members are available.