Nextworld

About Nextworld

Nextworld is a Greenwood Village, Colorado-based company providing a cloud-native Enterprise Applications Platform (EAP) for businesses seeking to modernize their technology stacks. Founded in 2016, the company has deep roots in the ERP industry, established by a team with extensive experience from J.D. Edwards. The founders include CEO Kylee McVaney, daughter of J.D. Edwards founder Ed McVaney, alongside former J.D. Edwards executives Axel Allgeier (Chief Product Officer) and Vito Solimene (Chief Technical Officer). Their collective background stems from decades of watching the ERP sector evolve, identifying a critical market need for software built to anticipate and embrace technological change rather than reacting to it.

The company's core offering is an enterprise-grade, no-code platform named Nextbot, which allows businesses to create, customize, and deploy applications without writing code. This platform is the foundation for Nextworld's entire suite of business applications, which includes solutions for financials, manufacturing, distribution, and procurement. The business model centers on providing this platform and its packaged applications to mid-sized and large enterprises, particularly in sectors like manufacturing, distribution, and real estate. A key differentiator is that customizations made on the Nextbot platform are sustainable and are not lost during system upgrades, a common pain point with traditional ERP systems. Revenue is generated through a subscription-based pricing model with transparent tiers, designed to avoid the complex per-user or per-app fees often found in the LCAP market.

The platform is designed to seamlessly integrate with legacy systems, enabling companies to enhance their existing ERP infrastructure without undergoing a disruptive overhaul. This composable architecture allows clients to digitize unique and critical business processes efficiently. In January 2022, Nextworld expanded its capabilities by acquiring Cloud Inventory (formerly DSI), a leader in mobile-first inventory solutions, enriching its offerings for both product-centric and service-centric industries. The company's growth is supported by significant investment, including a $65 million Series F funding round announced in February 2025, led by the McVaney Investment Partnership. This capital is being used to accelerate product innovation, particularly in AI-driven capabilities, and expand its global market presence.