Startup profile · funding coverage
Nx funding, valuation and investors
Open-source monorepo platform and Nx Cloud for faster builds, CI scaling, and AI-assisted fixes.
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Funding, valuation & investors
Answer-first snapshotLatest funding
Series A
$16M · September 25, 2023
Latest known valuation
Not publicly disclosed
Total disclosed equity funding
$25M
Excludes debt, grants, acquisitions, secondaries, and IPO proceeds.
Current status
private
series a · Gilbert, Arizona, USA
Investors in latest funding
Lead: Nexus Venture Partners , Andreessen Horowitz
Overview
Nx (Nrwl) builds open-source monorepo tooling and a managed product, Nx Cloud, for JavaScript and TypeScript teams. The platform maps project graphs, caches build and test outputs, distributes CI tasks, and adds self-healing workflows for failed PRs. Founded in 2016 by Jeff Cross and Victor Savkin after leaving Google’s Angular team, Nx is language-agnostic but strongest in frontend and full-stack JS ecosystems. Customers include enterprises running hundreds of projects in a single repository. The company monetizes via Nx Cloud subscriptions while keeping the core OSS project free.
Why Nx is interesting
Ex-Angular/Google engineers turned a consulting side project into the default monorepo stack for large JS/TS orgs — a16z co-led seed and Series A as Nx Cloud pushes toward replacing Jenkins-style CI for multi-repo codebases.
Product & use cases
Nx is an open-source monorepo platform plus Nx Cloud, a hosted service for remote caching, distributed task execution, and CI analytics. Teams drop Nx into existing repos to understand project dependencies, run only affected builds/tests, and share cache artifacts across developers and CI runners.
- Accelerating CI for large frontend monorepos with remote caching
- Standardizing build/test pipelines across dozens of micro-frontends in one repo
- Migrating from Lerna or ad-hoc scripts to graph-aware task orchestration
- Scaling developer productivity when adding AI coding agents that touch many packages
Key facts
- Series A (Sep 2023): $16M co-led by Nexus Venture Partners and a16z — TechCrunch, Nx blog
- Seed (Nov 2022): $8.6M co-led by a16z and Nexus — Nx blog
- Founders Jeff Cross and Victor Savkin are ex-Google Angular team alumni; company founded 2016
- Nx claims 15M+ monthly open-source installs and hundreds of Nx Cloud subscribers (Sep 2023 TechCrunch)
- Co-investors not in VCT directory: Nexus Venture Partners
Funding history (newest first)
Series A
2023-09-25 $16M- Nexus Venture Partners (lead)
- Andreessen Horowitz (lead)
Source: https://techcrunch.com/2023/09/25/nx-lands-16m-to-build-monorepo-tools-for-software-devs/
Seed
2022-11 $8.6M- Andreessen Horowitz (lead)
- Nexus Venture Partners (lead)
Investors in our directory
Funds linked from Nx's profile — open a fund page for stage focus and related deal articles.
Competitive landscape
Edge: Deep project-graph intelligence and OSS adoption (15M+ monthly installs cited in 2023 press) give Nx distribution competitors lack. Nx Cloud bundles caching and distribution without forcing a full CI vendor swap on day one.
Monorepo tooling split between lightweight runners (Turborepo, Rush) and full platforms (Nx, Bazel). Nx wins on JS/TS ecosystem plugins, OSS community, and a clear upsell path via Nx Cloud. Bazel suits polyglot giants willing to invest in build engineering. Turborepo is simpler for greenfield Vercel stacks. Nx’s bet is that AI agents and larger repos increase demand for graph-aware CI — where remote cache hit rates directly translate to ship velocity.
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Turborepo direct
Vercel-owned monorepo task runner with strong DX; lighter-weight than Nx’s full graph/plugins ecosystem but less opinionated for enterprise polyglot repos.
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Bazel incumbent
Google-origin build system with maximal correctness and hermetic builds; steeper learning curve and heavier setup than Nx for typical JS teams.
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Lerna alternative
Legacy JS monorepo tool focused on publishing/versioning; many teams migrate from Lerna to Nx for caching and CI scale.
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GitLab CI adjacent
Full DevOps platform with built-in CI; Nx Cloud targets teams that want monorepo-specific optimization atop existing CI providers.
Notable stories
- Cross and Savkin left Google’s Angular team in 2016 to start an Angular consulting shop, then open-sourced Nx after seeing teams struggle to coordinate multi-app codebases — origin story on TechCrunch (Sep 2023).
- Nx rebranded its hosted product as Nx Cloud with Series A proceeds explicitly aimed at replacing legacy CI tools like Jenkins for monorepo workflows.
Industries
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Venture Capital Tracker pieces that cover Nx's financing or category context.
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