Nexar Overview

  • Year Founded
  • 2015

Year Founded

  • Status
  • Private

  • Employees
  • 135

Employees

  • Latest Deal Type
  • Accelerator/​Inc

  • Investors
  • 35

Nexar General Information

Description

Developer of a mobile application designed to detect driving hazards and prevent car accidents. The company's artificial intelligence-based dashcam application employs machine vision and sensor fusion algorithms, leveraging the user's phone's sensors to analyze and understand the car's surroundings and provide protective documentation in case of accidents, while also providing accident reports that can transform the insurance claims process, helping customers to reduce the chance of collisions and to make roadways safer and efficient.

Contact Information

Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 27 East 28th Street
  • New York, NY 10016
  • United States
Primary Industry
Electronics (B2C)
Other Industries
Application Software
Corporate Office
  • 27 East 28th Street
  • New York, NY 10016
  • United States

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Nexar Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
8. Accelerator/Incubator Completed Generating Revenue
7. Later Stage VC (Series D) 17-Nov-2021 Completed Generating Revenue
6. Secondary Transaction - Private 31-Jul-2020 Completed Generating Revenue
5. Later Stage VC (Series C) 30-Apr-2020 Completed Generating Revenue
4. Early Stage VC (Series B) 24-Jan-2018 Completed Generating Revenue
3. Accelerator/Incubator 21-Mar-2017 Completed Startup
2. Early Stage VC (Series A) 15-Jun-2016 $10.5M $14.5M Completed Startup
1. Seed Round 27-May-2015 $4M $4M Completed Startup
To view Nexar’s complete valuation and funding history, request access »

Nexar Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate ($) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Series D
Series C2
Series C1
Series B2
Series B1
Series A 2,657,156 $0.000010 $0.33 $4.14 $4.14 1x $4.14 8.92%
Seed 2,285,713 $0.000010 $0.14 $1.75 $1.75 1x $1.75 7.67%
To view Nexar’s complete cap table history, request access »

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Opportunity Score

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Exit Type

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Nexar Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a mobile application designed to detect driving hazards and prevent car accidents. The company's artificial
Electronics (B2C)
New York, NY
135 As of 2025

Mountain View, CA
 

Sunnyvale, CA
 
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Nexar Competitors (4)

One of Nexar’s 4 competitors is Waymo, a Venture Capital-Backed company based in Mountain View, CA.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Waymo Venture Capital-Backed Mountain View, CA
Nauto Venture Capital-Backed Sunnyvale, CA
Nextbase Private Equity-Backed West End, United Kingdom
BlackVue Corporation Seongnam-si, South Korea
To view Nexar’s complete competitors history, request access »

Nexar Patents

Nexar Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20240152199-A1 Low power continuous dashcam recording Pending 11-Jul-2022
US-20240015395-A1 Low power continuous dashcam recording Active 11-Jul-2022
US-12244921-B2 Low power continuous dashcam recording Active 11-Jul-2022
US-20220070962-A1 Methods and systems for dynamic host configuration protocol (dhcp) optimization for wi-fi connectivity in a network of moving things, for example, autonomous vehicles Active 31-Aug-2020
US-11924904-B2 Configuration protocol (dhcp) optimization for wi-fi connectivity in a network of moving things, for example, autonomous vehicles Active 31-Aug-2020 H04W76/25
To view Nexar’s complete patent history, request access »

Nexar Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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Nexar Investors (35)

Investor Name Investor Type Holding Investor Since Participating Rounds
8a + Investimenti Asset Manager Minority
Banca Generali Corporation Minority
Binder & Partners Family Office Minority
Catalyst Investments PE/Buyout Minority
Qumra Capital Venture Capital Minority
You’re viewing 5 of 35 investors. Get the full list »

Nexar Investments & Acquisitions (2)

Nexar’s most recent deal was a Merger/Acquisition with Veniam. The deal was made on 03-Aug-2022.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Veniam 03-Aug-2022 Merger/Acquisition Wireless Service Providers
Nexar Japan 09-May-2022 Joint Venture Automotive
To view Nexar’s complete investments and acquisitions history, request access »

Nexar Affiliates

Subsidiaries (1)

Name Industry Location Year Founded
Veniam San Francisco, CA 2012

Nexar FAQs

  • When was Nexar founded?

    Nexar was founded in 2015.

  • Where is Nexar headquartered?

    Nexar is headquartered in New York, NY.

  • What is the size of Nexar?

    Nexar has 135 total employees.

  • What industry is Nexar in?

    Nexar’s primary industry is Electronics (B2C).

  • Is Nexar a private or public company?

    Nexar is a Private company.

  • What is Nexar’s current revenue?

    The current revenue for Nexar is .

  • How much funding has Nexar raised over time?

    Nexar has raised $150M.

  • Who are Nexar’s investors?

    8a + Investimenti, Banca Generali, Binder & Partners, Catalyst Investments, and Qumra Capital are 5 of 35 investors who have invested in Nexar.

  • Who are Nexar’s competitors?

    Waymo, Nauto, Nextbase, and BlackVue are competitors of Nexar.

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