Nexar

company

About

Nexar develops software to protect the user and their business against car crashes and road casualties.

Details

Last Funding Type
Series Unknown
Industries
Artificial Intelligence,Automotive,Autonomous Vehicles,Image Recognition,Sensor,Software,Transportation
Founded date
Jan 1, 2015
Number Of Employee
101 - 250
Operating Status
Active
Legal Name
Nexar Ltd.

Nexar creates powered dash cams that enable new vision-based applications for better driving. Nexar's mission is to reduce the chance of collisions and to make the road safer for everyone. Like a school of fish or a flock of birds, we want to get every car on the road moving safely and smoothly together.

Using a Nexar-powered dashcam, AI, and inter-vehicle networking, Nexar makes every car a smart car and is building the world’s first safe driving network.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
7
$149.50M
Nexar has raised a total of $149.50M in funding over 2 rounds. Their latest funding was raised on Nov 17, 2021 from a Series D round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Nov 17, 2021 Series D $53M 9 Qumra Capital Detail
Jul 30, 2020 Secondary Market 1 40 North Ventures Detail
Apr 30, 2020 Series C $52M 10 Corner Ventures Detail
Jan 24, 2018 Series B $30M 8 Ibex Investors Detail
Jan 1, 2017 Series Unknown 1 Detail

Investments

Number of Investments
Number of Lead Investments
1
0
Nexar has made 1 investments. Their most recent investment was on May 13, 2021, when Upsie raised $18.20M.
Date Company Name
Round Money Raised Industry Lead Investor
May 13, 2021 Upsie
Series A $18.20M Apps

Investors

Number of Lead Investors
Number of Investors
7
24
Nexar is funded by 24 investors. Qumra Capital and 40 North Ventures are the most recent investors.
Investor Name Lead Investor Funding Round
Qumra Capital Yes Series D
40 North Ventures Yes Secondary Market
Aleph Series D
Atreides Management Series D
Banca Generali Series D
Catalyst Investors Series D
Corner Ventures Series D
Regah Ventures Series D
State Farm Ventures Series D
Valor Equity Partners Series D

Employee Profiles

Number of Employee Profiles
11
Nexar has 11 current employee profiles, including Board member Michael Eisenberg
Board member
Executive
Board member
Board member

Acquisition

Nexar has acquired 1 organizations. Their most recent acquisition was Veniam on Aug 3, 2022. They acquired Veniam for 0.

Date Company Name
Industry Acquisition Type Price
Aug 3, 2022 Veniam
Artificial Intelligence acquisition Detail