# Nex funding: rounds and investors

> Nex has raised $154M across 2 rounds since 2024. Investors include Foundation Capital, JP Morgan and Gobi Partners. Every round with its source.

Source: https://millionrounds.com/company/nex (Millionrounds; every figure on the page links to its filing or article)

United States · [Series E startup](https://millionrounds.com/companies)

# Who invested in *Nex*

2 rounds we have observed, with the 7 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Gaming Internet IT Services

Raised 1 month ago

Funding summary Updated 26 Oct 2026

**$154M** raised across 2 rounds since 2024, from 2 sources

**$3.5M** Seed **$150M** Series E

- **Latest round:** Series E, $150M Sept 2026
- **Step-up i:** 42.9×
- **Investors:** 7

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2025 2026

**$3.5M** Seed

**$150M** Series E

- **First round:** Seed, $3.5M
- **Biggest round:** $150M
- **Between rounds:** 2.2 years

## The rounds

- **Sept 2026** Series E **$150M** *4 new* [JP Morgan](https://millionrounds.com/fund/jpmorgan) [Gobi Partners](https://millionrounds.com/fund/gobi-partners) [Raine Ventures](https://millionrounds.com/fund/raine-ventures) [BAI Capital](https://millionrounds.com/fund/bai-capital-2) Reported by Crunchbase News
- **Aug 2024** Seed **$3.5M** *3 new* [Foundation Capital](https://millionrounds.com/fund/foundation-capital) [Point72 Ventures](https://millionrounds.com/fund/point72-ventures) [Kevin Hartz](https://millionrounds.com/fund/a-star-co) Source recorded

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Seed** 2024 **Series E** 2026 [Foundation Capital](https://millionrounds.com/fund/foundation-capital) [JP Morgan](https://millionrounds.com/fund/jpmorgan) [Gobi Partners](https://millionrounds.com/fund/gobi-partners) [Point72 Ventures](https://millionrounds.com/fund/point72-ventures) [Raine Ventures](https://millionrounds.com/fund/raine-ventures) [BAI Capital](https://millionrounds.com/fund/bai-capital-2) [Kevin Hartz](https://millionrounds.com/fund/a-star-co)

## Everyone who backed them

[Foundation Capital](https://millionrounds.com/fund/foundation-capital) VC firm **1** round

[JP Morgan](https://millionrounds.com/fund/jpmorgan) Investment bank **1** round

[Gobi Partners](https://millionrounds.com/fund/gobi-partners) VC firm **1** round

[Point72 Ventures](https://millionrounds.com/fund/point72-ventures) VC firm **1** round

[Raine Ventures](https://millionrounds.com/fund/raine-ventures) VC firm **1** round

[BAI Capital](https://millionrounds.com/fund/bai-capital-2) Investment firm **1** round

[Kevin Hartz](https://millionrounds.com/fund/a-star-co) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=nex).

## Quick answers about Nex

### Who invested in Nex?

Nex's investors include Foundation Capital, JP Morgan, Gobi Partners, Point72 Ventures and Raine Ventures, and 2 more on record.

### How much has Nex raised?

Nex has raised $154M across 2 rounds since 2024.

### When did Nex last raise?

Nex's most recent round was a Series E of $150M in Sept 2026.

### What was Nex's biggest round?

Its most recent round, $150M in Sept 2026, is also its largest on record.

### Who backed Nex first?

Nex's first round on record, in Aug 2024, was backed by Foundation Capital, Point72 Ventures and Kevin Hartz.

### What stage is Nex at?

Nex's latest named round is a Series E, in Sept 2026.

### Where is Nex based?

Nex is based in the United States.

## Companies like Nex

In the same sector, and raised in the last eighteen months.

[**Whop** $400M · Oct 2026](https://millionrounds.com/company/whop)[**Tolan** $30M · Oct 2026](https://millionrounds.com/company/tolan)[**Chariot Claims** $23M · Oct 2026](https://millionrounds.com/company/chariot-claims)[**Homa** $5.0M · Oct 2026](https://millionrounds.com/company/homa)[**FlexCompute** $53M · Oct 2026](https://millionrounds.com/company/flexcompute)[**Subeca** $9.0M · Oct 2026](https://millionrounds.com/company/subeca)

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