What is Nexxa.ai
Nexxa.ai builds specialized AI for heavy industries. Their intelligent agents integrate with legacy engineering systems so industrial teams can design, estimate, and operate faster without ripping out existing workflows. Nexxa calls this category Agent Augmented Engineering.
The company has grown from zero to 980,000 dollars in contracted revenue in nine months, posting two straight quarters of 3x growth. Nexxa is backed by a16z speedrun and serves both midmarket firms and Fortune 100 industrial companies.
“Our dream is to have an AI system that feels to industrial engineers the way that Cursor feels for software engineers today. You just do your work and the system starts to augment and auto complete it, and it is actually right.”
- Philipp Wehn, co-founder and CEO of Nexxa.ai
Challenge
Move fast in a complex market without treating banking as a side task.
Nexxa builds AI for some of the most complex engineering environments in the world. Sales cycles are long. Deployments require deep collaboration. The team spends significant time onsite with customers.
After raising their pre seed round, Nexxa needed a banking partner that could:
Help them put new capital to work immediately
Keep day to day operations simple and dependable
Provide real support, not slow queues
Strengthen their fundraising network as they scaled
Their previous bank handled basic needs but did not match their pace or the level of care they expected.
Solution
Nexxa moved to Rho for a modern, responsive banking experience that helps them protect runway, earn yield, and stay focused on customers.
“When the money came in, next day Jason calls me. He said, we gotta get on a call, we gotta put the funds in the treasury so the money actually makes you money. I was like, oh, a bank that actually cares about the money that is in the account and how to make more of it.”
1. Banking that feels 10 out of 10
Rho gives Nexxa a single operating hub for funding, payments, and spend. They get fee free payments, a modern interface, and support that responds in under a minute. It keeps the team moving even while traveling or working onsite.
“The banking part is a 10 out of 10. This is the best experience.”
2. Treasury that makes every dollar work harder
Nexxa earns yield on idle cash with next day liquidity. Treasury runs in the background so the team no longer spends hours reviewing products or managing reinvestments. Rho activated Treasury the day after their pre seed landed and now saves Nexxa about five hours every week.
3. Community and fundraising support
Nexxa is part of a16z speedrun, which accelerates their access to ambitious founders and investors. Through Rho, they join a complementary founder community with frequent events in key markets and a network designed to support future raises.
“The events, the community, all of that makes it an exceptional choice.”
Results
Nexxa grows faster with a clean financial foundation that never gets in the way.
5 hours back every week
Treasury automation frees the leadership team from manual review and reinvestment work, giving them more time for product, customer sessions, and hiring.
<1 minute to reach support
Rho responds quickly and with real humans, which keeps Nexxa unblocked during deployments or travel.
1 day from funding to earning yield
Nexxa’s pre seed capital started earning yield in Rho Treasury the day after the round landed.
Capital working harder
Funds move quickly into yield generating instruments without sacrificing liquidity. Nexxa extends runway with no extra tools or workflows.
A partner that matches their ambition
Rho scales with Nexxa across banking, cards, savings, bill pay, expenses, and accounting, giving the team a long term operating foundation.
“If you are not banking with Rho, you are making a mistake. It is the best banking app. The community, the other founders, you will get in. Banking becomes fun suddenly, and I recommend it to everyone.”
Rho is a fintech company, not a bank or an FDIC-insured depository institution. Checking account and card services provided by Webster Bank N.A., member FDIC. Savings account services provided by American Deposit Management Co. and its partner banks. International and foreign currency payments services are provided by Wise US Inc. FDIC deposit insurance coverage is available only to protect you against the failure of an FDIC-insured bank that holds your deposits and subject to FDIC limitations and requirements. It does not protect you against the failure of Rho or other third party. Products and services offered through the Rho platform are subject to approval.
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Investment management and advisory services provided by RBB Treasury LLC dba Rho Treasury, an SEC-registered investment adviser and subsidiary of Rho. RBB Treasury LLC facilitates investments in securities: investments are not deposits and are not FDIC-insured. Investments are not bank guaranteed, and may lose value. Investment products involve risk, including the possible loss of the principal invested, and past performance does not future results. Registration with the SEC does not imply a certain level of skill or training. Treasury and custodial services provided through Apex Clearing Corp. ("Apex") and Interactive Brokers LLC ("Interactive"), registered broker dealers and members FINRA/SIPC. Interactive rates may vary from Apex rate shown above. For additional information about investment management and advisory services provided by Rho Treasury, please refer to Rho Treasury’s ADV-2A Wrap Fee Brochure.This material presented is for informational purposes only and should not be construed as legal, tax, accounting or investment advice. Under no circumstances should any of this material be used for or considered as an offer to sell or a solicitation of any offer to buy an interest in any securities. Any analysis or discussion of financial planning matters, investments, sectors or the market generally are based on current information, including from public sources, that we consider reliable, but we do not represent that any research or the information provided is accurate or complete, and it should not be relied on as such. Our views and opinions are current at the time of publication and are subject to change. You should consult with your attorney or relevant professional advisor for advice particular to your personal or business situation.Rho Treasury is not insured by the FDIC. Rho Treasury are not deposits or other obligations of Webster Bank N.A., or American Deposit Management Co.’s partner banks, and are not guaranteed by Webster Bank N.A., or American Deposit Management Co.’s partner banks. Rho Treasury products are subject to investment risks, including possible loss of the principal invested.