Nextiva Raises $200M from Goldman Sachs Asset Management at a $2.7B Valuation to Fuel Growth of Connected Communications
14 Setembro 2021 - 1:30PM
Business Wire
Funding will accelerate innovation,
go-to-market expansion and growth in global markets
Nextiva, the connected communications company, today announced
it has raised $200M, in its first external funding round, from
Goldman Sachs Asset Management (“Goldman Sachs”) at a $2.7B
valuation. The funding will be used to accelerate Nextiva’s vision
to help businesses and teams build stronger relationships with
their customers as the only company bringing together
communications, customer management, intelligence and automation
into a single purpose-built solution.
Nextiva plans to accelerate innovation for connected
communications, including AI and automation development, build out
new routes to market, and advance global expansion. Nextiva brings
together communications with applications built for customer sales
and service, analytics, as well as an ecosystem of integrations to
third-party solutions. This allows Nextiva to uniquely manage all
communications and customer engagement in one place, providing
truly unified customer insight to every employee.
“Goldman Sachs is helping advance our mission, which from day
one has been to help businesses grow by giving every company access
to powerful business tools,” said Tomas Gorny, co-founder and CEO,
Nextiva. “Nextiva creates a seamless experience by surfacing
insights and learnings from every interaction. By doing this,
Nextiva enables companies of all sizes and their teams to better
understand and serve their customers and accelerate the growth of
their business.”
Stephen Kerns, a vice president within Goldman Sachs Asset
Management, commented, “As a native communications company, Nextiva
is at the nexus of customer conversation and engagement. They have
built a market-leading business with an outstanding team, and we
look forward to supporting Nextiva as they help companies discover
the power of connected communications.”
Increasing customer expectations and workplace digital
transformation are overwhelming companies. On average, businesses
are using between 15 to 25 applications to communicate, manage and
collaborate with their customers and teams. The result is more
logins, endless tabs, and jumping between multiple apps, resulting
in customer data getting ‘lost’ between the siloes. Nextiva’s
funding and valuation reflect a shift in the market to move away
from disconnected communications and siloed applications toward
tightly integrated tools and workflows that keep customer
communication and engagement at the core.
Nextiva’s first outside funding caps a year of growth with $250M
in ARR, continued product development and market leadership as the
largest privately held business communications provider in the
U.S.
About Goldman Sachs Asset Management
Bringing together traditional and alternative investments,
Goldman Sachs Asset Management provides clients around the world
with a dedicated partnership and focus on long-term performance. As
the primary investing area within Goldman Sachs (NYSE: GS), we
deliver investment and advisory services for the world's leading
institutions, financial advisors, and individuals, drawing from our
deeply connected global network and tailored expert insights,
across every region and market—overseeing more than $2 trillion in
assets under supervision worldwide as of June 30, 2021. Driven by a
passion for our clients' performance, we seek to build long-term
relationships based on conviction, sustainable outcomes, and shared
success over time. Follow us on LinkedIn.
About Nextiva
Nextiva is the connected communications company that helps
sales, service, and marketing teams achieve higher productivity and
deliver better customer engagement. Nextiva’s cloud-based NextOS
brings together business communications applications, intelligence,
and automation to help companies build deeper connections with
customers, and manage all conversations and relationships in one
place.
Nextiva is named a Customer’s Choice in Gartner Peer Insights
for UCaaS. Today, more than 100,000 businesses depend on Nextiva
with 4B conversations and 12B minutes of talk time flowing through
its communication networks each year. Based in Scottsdale, Ariz.,
Nextiva is ranked a Best Place to Work by Glassdoor. Learn more at
www.nextiva.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20210914005922/en/
Media Contact: Caroline Hacker Caroline.Hacker@nextiva.com
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