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Nexar
company
About
Nexar develops software to protect the user and their business against car crashes and road casualties.
- New York,New York,United States
- 101 - 250
- https://getnexar.com/
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.
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
Executive
Board member
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