# NAX Group: Capital markets, Manhattan Beach, United States

> NAX Group: NAX Group, also known as New Asset Exchange, is a privately held enterprise AI and FinTech software company based in Manhattan Beach, California.

Source: https://millionrounds.com/startup/nax-group (Millionrounds; every figure on the page links to its filing or article)

United States · [Capital markets startup](https://millionrounds.com/companies)

# NAX Group

NAX Group, also known as New Asset Exchange, is a privately held enterprise AI and FinTech software company based in Manhattan Beach, California.

Funding reported Last round: Series A

Capital markets Manhattan Beach, United States

Company summary

- **Founded:** 2018 8 years old
- **Team:** 45 11 to 50 people
- **Funding reported:** $65M in dollars
- **Last round:** Series A Jan 2021

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for NAX Group has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About NAX Group

NAX Group, also known as New Asset Exchange, is a privately held enterprise AI and FinTech software company based in Manhattan Beach, California.

Founded in 2018 by Jeff Schumacher, the company focuses on transforming unused corporate assets into tradeable securities and new financial markets. NAX Group's mission is to unlock hidden liquidity and shareholder value for its corporate partners. The company offers a comprehensive solution through three platforms: the Genesis Project for asset identification and development, Bridge for integrating assets into Decentralized Finance (DeFi), and LiQid for trading and liquidity. NAX Group's proprietary technology enables organizations to rapidly market-test compliant products and securitize assets, significantly accelerating time-to-value. It primarily serves industry-leading organizations, institutional investors, and corporate partners looking to monetize proprietary assets across various sectors, including energy, healthcare, and consumer goods.

## What company datasets say NAX Group raised

Funding, as reported

Reported in all **$65M** in dollars

Rounds **1**

Last round **Series A**

Last round size **$8.5M**

Last round date **Jan 2021**

Investors listed **2**

## The company, in detail

What they build

Known for

venture building information technology & services saas corporate venturing services asset backed ventures corporate innovation software alternative assets esg ai computer software b2b

Built with from their website

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+8 more

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- **Sector:** Capital markets
- **Industry code:** NAICS 51321, 541512, SIC 7372, 7373
- **Region:** California
- **Revenue:** $100M a year, as listed
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/nax-group)

## Capital markets in United States

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