NXT-ID
Company

Last deal

$16M

Amount

Post-IPO Debt

Stage

29.05.2018

Date

3

all rounds

$21.47M

Total amount

date founded

Financing round

General

About Company
NXT-ID, Inc. is a technology company specializing in access control, biometric verification, and sensor technologies.

Industry

Sector :

Subsector :

founded date

01.01.2011

Number of employees

Company Type

For Profit

Last funding type

Post-IPO Debt

IPO status

Private

Description

Through its subsidiaries, NXT-ID develops and markets innovative solutions for healthcare, payment, and IoT applications. LogicMark, LLC manufactures and distributes personal emergency response systems (PERS) that enable individuals to receive care at home. Fit Pay, Inc. provides contactless payment capabilities and secure services to device manufacturers within the IoT ecosystem. Additionally, 3D-ID LLC focuses on biometric identification and authentication. NXT-ID's comprehensive platform of technology products and services enables the Internet of Things (IoT) and offers affordable solutions for everyday consumers.
Contacts

Contact Email

Phone number

Social url

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Their latest funding was raised on 29.05.2018. Their latest investor Connecticut Innovations. Their latest round Post-IPO Debt

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Michael Wisniewski

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MICHAEL WISNIEWSKI'S BIO: Mike is experienced in identifying opportunities to enhance operating performance and competitive advantage. Michael is skilled in the full lifecycle of a deal in the corporate M&A and venture capital space (sourcing, analyzing, negotiating, closing, and integrating). Coached over 30 startups in CT and managed several entrepreneurship and innovation programs. Decorated USMC veteran, special operations parachuting. Venture Capital Experience: Connecticut Innovations (Largest venture capital firm in CT focused on investing in tech-based businesses) (2015-2017) Fostered the success of early to mid-stage businesses. Led the analysis and review of high-potential candidates for investment, conducted due diligence, market research, authored investment memos and term sheets, performed company valuations, built capitalization tables, pitched investment opportunities to a board of directors, and closed deals. ► Sourced, structured, and negotiated investment deals with companies in the fintech, medical device, clean energy, legal technology, healthcare IT, and SaaS verticals. ► Led and co-led investments totaling over $27MM, managed a portfolio of 30 companies, represented CI on the boards of 8 corporations. Total investment in this portfolio was over $100MM. ► Provided resources, mentoring, and pre-seed funding for a legal technology firm, providing the foundation for that company's $20MM acquisition by a Fortune 500 company. (2013-2015) ► Administered the Pre-Seed Fund and maintained accountability for over $7.5MM invested in 70 tech-based businesses. Sourced, screened, and closed deals; assigned risk ratings to the portfolio, and collected returns. (2012-2013) ► Developed and managed the TechStart Accelerator Program, a business bootcamp that provided $300K to 13 tech startups. Coached teams to build business talents and fundraising skills; created a curriculum, secured mentors, and orchestrated 2 pitch events to potential investors. ► Ran the CTech incubator space, home to over 15 companies at Yale’s Science Park. Negotiated and structured leases and brought mentorship and resources to startups. Michael Wisniewski received his bachelor's degree from the University of Connecticut, majoring in Law and Society. In 2010, he received his master's degree in business administration (MBA) from the University of Connecticut School of Business, majoring in Venture Consulting. Michael also received Certificate of Commendation for his outstanding performance as a Special Operations Parachute Rigger while in the United States Marine Corps and earned other professional certificates from the Venture Capital Institute and Stanford University. MIKE WISNIEWSKI'S INTERESTS & ACTIVITIES: Entrepreneurship, Business Planning, Management, Market Research, Start-ups, Business Strategy, Venture Capital, Investments, Team Leadership, CT, Social Networking, Consulting, Team-Oriented, Business Analysis, Marketing Communications, M&A, Strategic Partnerships, Market Analysis, Analysis, Digital Marketing, Digital Marketing Strategy, Corporate Development, Business Incubators, Accelerators, Corporate Development, Strategy Advisor, M&A.

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United States Marine Corps (USMC) / U.S. Marine Corps
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Acquisitions
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Acquiree Name 
Date 
Price 
Acquisition Name 
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acquirer

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NXT-ID

date

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type

Acquisition
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LogicMark acquired by NXT-ID

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acquirer

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type

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Subsector

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Keywords

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People

Founders
2
Gino Pereira
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organization founded

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Gino Pereira

David Tunnell
David Tunnell

David Tunnell

David Tunnell is the CTO - NXT-ID / 3D-ID.

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NXT-ID

organization founded

1

David Tunnell

Employee Profiles
9
Mark Archer

Mark Archer

CFO

Rafael Saavedra

Rafael Saavedra

VP of Engineering

Chia-Lin Simmons

Chia-Lin Simmons

Chief Executive Officer

David Tunnell

David Tunnell

Chief Technology Officer

Vincent Miceli

Vincent Miceli

Vice President & Chief Financial Officer

Activity

Recent News
0