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NEX

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Mobile artificial intelligence company

United StatesFounded 2017Consumer Services
Valuation $100–500M Latest valuation · 2021
Revenue $100–500M Latest reported FY
Headcount 100–500 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for NEX and the history behind them.

About NEX

Nex is a motion entertainment company that has developed the Nex Playground, a gaming console designed for active, family-oriented play. The console utilizes a proprietary system of computer vision and artificial intelligence to track up to 18 points on a user's body through its built-in camera, enabling controller-free, motion-based gameplay. It can support up to four players simultaneously.

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The company's business model involves the direct sale of the Nex Playground hardware, which comes bundled with a starter pack of five games. Revenue is further generated through a subscription service known as the "Play Pass." This pass grants users access to the full catalog of over 40 games and experiences, with new titles being added on a monthly basis. This recurring revenue stream complements the initial hardware sales.

The target market is families with children, positioning the product as a way to convert traditional, sedentary screen time into a physically active experience. The console is designed for indoor use and offers a portable option with a travel case, allowing for gameplay without a Wi-Fi connection.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2017
Headquarters
United States
Employees
275
Open positions
None listed
Dealroom signal
93.8/100
Industry
Sports
Sub-industry
Content production
Sector
Consumer Services, Core AI, Fitness, Hard Tech, AI Applications
Technology
Artificial Intelligence, Big Data, Machine Learning, Nanotech, Computer Vision
Business model
SaaS
Client focus
b2b, b2c

Latest news

Press, funding announcements and product moves mentioning NEX.

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Funding history

4 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES BEquity / VC Sep 2021 $25M $100M Samsung Ventures · Simu Liu · Sabrina Ionescu · Albert Pujols
SERIES BEquity / VC Apr 2021 $0 TRUE Capital Management
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Financials

Revenue over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowth
2026
2025
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Growth signals

NEX website traffic

Latest recorded traffic for NEX is 420K monthly website visits, down 25% over the last three months. NEX's team grew 33.5% over the past year.

Latest monthly visits420K 3-month web change-25% 1-year team growth+33.5%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Investors

21 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed5 investors entered at this stage

  • Mandra Capital
  • Jeremy Lin
  • Charmides Capital
  • Mark Cuban
  • Stephen Nash

Series A9 investors entered at this stage

  • Alibaba Entrepreneurs Fund
  • TRUE Capital Management
  • Blue Pool Capital
  • Samsung Ventures
  • Simu Liu
  • Sabrina Ionescu
  • Albert Pujols
  • Susquehanna
  • Thierry Henry

Other known investors7 additional known investors

  • Dreamers
  • Gobi Partners
  • HBSE Ventures
  • Hyphen Capital
  • James Hu
  • ParticleX
  • Transform Capital
Team profiled 11 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
14 countries with
team presence
🇺🇸 United States52.3%
🇭🇰 Hong Kong35.5%
🇬🇧 United Kingdom3.2%
🇨🇦 Canada2.6%
🇯🇴 Jordan0.7%
Top 5 of 14 shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about NEX on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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