NAX Group

NAX Group

Transforms corporate assets into tradeable securities

About NAX Group

Simplify's Rating
Why NAX Group is rated
B
Rated B on Competitive Edge
Rated A on Growth Potential
Rated C on Rating Differentiation

Industries

Crypto & Web3

Financial Services

Company Size

51-200

Company Stage

Series A

Total Funding

$8.3M

Headquarters

Manhattan Beach, California

Founded

2018

Overview

NAX Group transforms unused corporate assets into tradeable securities, helping companies unlock their hidden value. They focus on creating new markets around these underutilized assets for corporate clients. Their approach involves three main platforms: the Genesis Project, which identifies and develops corporate assets into marketable ventures; Bridge, which provides technology solutions to integrate these assets into Decentralized Finance (DeFi); and LiQid, which securitizes the assets for trading on an alternative marketplace. NAX Group generates revenue by facilitating the transformation and trading of these assets, earning fees from transactions and ongoing management. Their goal is to enable corporate partners to fully realize the value of their assets, driving growth and financial returns.

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Simplify's Take

What believers are saying

  • Strategic partnership with AlixPartners enhances AI-driven corporate growth opportunities.
  • Expansion into Tampa indicates commitment to growth and new market access.
  • NAX's pioneering platform attracts corporate clients by creating asset-backed products and securities.

What critics are saying

  • Rapid geographic expansion may strain resources and lead to operational inefficiencies.
  • Over-reliance on AlixPartners could dilute NAX's proprietary technological edge.
  • Focus on AI strategies may face regulatory challenges in data protection regions.

What makes NAX Group unique

  • NAX Group transforms dormant corporate assets into tradeable securities, unlocking hidden value.
  • The company operates three integrated platforms: Genesis Project, Bridge, and LiQid.
  • NAX Group's approach combines asset identification, securitization, and trading for maximum asset value.

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Funding

Total Funding

$8.3M

Below

Industry Average

Funded Over

1 Rounds

Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.
Series A Funding Comparison
Below Average

Industry standards

$15M
$8.2M
Discord
$8.5M
NAX Group
$15M
Canva
$100M
GitHub

Growth & Insights and Company News

Headcount

6 month growth

-3%

1 year growth

3%

2 year growth

11%
Intelligence360
Jul 13th, 2023
Nax To Spend $3,500,000.00 To Occupy 15,295 Square Feet Of Space In Tampa Florida.

NAX to spend $3,500,000.00 to occupy 15,295 square feet of space in Tampa Florida. NAX to spend $3,500,000.00 to occupy 15,295 square feet of space in Tampa Florida.Tampa, Florida — According to state and local development sources, NAX plans to invest $3,500,000.00 to build out 15,295 square feet of new space in Tampa. The company plans to occupy the new space at 1600 E 8th Ave A120 in Tampa, on or about March 1, 2024. According to the company website NAX (New Asset Exchange) is a leading AI software company that unlocks data sets for corporates and investors to create new growth and shareholder value. We leverage our proprietary platform to rapidly discover products and launch them at scale, creating competitive advantage and outsized growth while solving some of the worlds most pressing challenges. NAX has offices across the globe, including Manhattan Beach, Silicon Valley, New York, Tampa, Frankfurt, Munich, and Paris

FF News
May 30th, 2023
Alixpartners And Nax Group Enter Strategic Partnership To Unlock The Value Of Ai And Corporate Data Sets

AlixPartners, the global consulting firm, and NAX Group, a leading AI software company that unlocks data sets for corporates and investors to create new growth and shareholder value, today announced a strategic go-to-market partnership to build a unique corporate growth platform that will not only revolutionize the way businesses create growth but disrupt the market as we know it.This strategic partnership brings together AlixPartners’ deep industry expertise and transformational client outcomes with NAX’s proprietary AI software to unlock growth by:Supporting core growth through AI-enabled productivity of corporate functionsCreating adjacent growth through AI software-enabled corporate venturingEnabling extended growth by creating proprietary exchange tradable products from corporate data sets.Simon Freakley, CEO of AlixPartners comments, “Working together with NAX will afford our clients a unique opportunity to rapidly harness data to build new commercial opportunities and grow value. Our deep industry expertise plus NAX’s remarkable proprietary software, combined with a mutual commitment to delivering outsized results at pace, makes a compelling proposition as companies and their stakeholders pursue value creation in today’s continually disrupted business environment.”Jeff Schumacher, Founder, and CEO of NAX shared, “We’ve invested significantly in our software and ecosystems over the past four years. Teaming up with AlixPartners unleashes a powerful combination and a disruptive approach that will redefine the model for traditional corporate venturing and driving growth.”Maher Masri, President of NAX Group added, “I’m thrilled that we’re teaming up with AlixPartners as it unleashes a powerful combination that will redefine conventional approaches to driving growth. Together, we will challenge the limits of corporate innovation.”

NAX Group
May 30th, 2023
AlixPartners and NAX Group Enter Strategic Partnership To Unlock the Value of AI and Corporate Data Sets

Maher Masri, President of NAX Group added, “I’m thrilled that NAX Group is teaming up with AlixPartners as it unleashes a powerful combination that will redefine conventional approaches to driving growth.

Business Wire
Aug 11th, 2022
CORRECTING and REPLACING LOGO NAX Launches as First Platform to Create Corporate Asset-Backed Products, Ventures and Securities

New Asset Exchange (NAX), a company that brings liquidity to corporate assets, has formally launched today with a valuation of over $300m USD

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