Tech Company Financing Transactions

Nexcade AI Funding Round

Connect Ventures, Entropy Research Lab and iNovia Capital joined a $2.5 million Seed venture round for Nexcade AI. The round closed on 10/9/2025.

Transaction Overview

Company Name
Announced On
10/9/2025
Transaction Type
Venture Equity
Amount
$2,500,000
Round
Seed
Investors
Proceeds Purpose
The company will use the funding to grow its customer base tenfold, strengthen partnerships with forwarders, and expand its AI-driven automation workflows.

Company Information

Company Status
Private & Independent
Industry
Transportation
Mailing Address
Undisclosed
Undisclosed, Undisclosed
UK
Phone
Undisclosed
Email Address
Overview
Founded by Dan Bailey and Tasho Kjosev, Nexcade develops agentic AI solutions for logistics teams, automating pricing, quoting, and rate procurement to help freight forwarders operate faster and secure more business. Its AI agents extract unstructured information from emails and conversations outside the TMS and convert it into structured, automated workflows, improving rate management, win rates, and data visibility. Nexcade's AI organizes fragmented communication, manages exceptions, and automates workflows.
Profile
Nexcade AI LinkedIn Company Profile
Social Media
Nexcade AI Company Twitter Account
Company News
Nexcade AI News
Facebook
Nexcade AI on Facebook
YouTube
Nexcade AI on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Dan Bailey
  Dan Bailey LinkedIn Profile  Dan Bailey Twitter Account  Dan Bailey News  Dan Bailey on Facebook
Chief Technical Officer
Tasho Kjosev
  Tasho Kjosev LinkedIn Profile  Tasho Kjosev Twitter Account  Tasho Kjosev News  Tasho Kjosev on Facebook


 

 

Browse more venture capital transactions:

Prev: 10/9/2025: Stoke Space Technologies venture capital transaction
Next: 10/9/2025: SKYX Platforms venture capital transaction

 

Share this article

 


News on VC Transactions

We do our best to document every notable VC transaction. VC investment data records reported here are sourced from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary