Nexar
2015
FOUNDED
PRIVATE
STATUS
41-50
EMPLOYEES
Series B
LATEST DEAL TYPE
$30M
LATEST DEAL AMOUNT
14
INVESTORS
Description
Developer of a mobile application designed to detect driving hazards and help prevent car accidents. The company's AI dashcam application employs machine vision and sensor fusion algorithms, leveraging user's phone's sensors to analyze and understand the car's surrounding and provide protective documentation in case of accidents, reducing accidents while also providing accident report that can help transform the insurance claims process.
Website
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Application Software
Other Industries
Automotive
Primary Office
- HaRakevet Street 58
- Tel Aviv-Yafo
- Israel
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Nexar Valuation and Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 4. Early Stage VC (Series B) | 24-Jan-2018 | $30M | 000.00 | 00000 | Completed | Generating Revenue |
| 3. Accelerator/Incubator | 21-Mar-2017 | 00000 | 000.00 | Completed | Startup | |
| 2. Early Stage VC (Series A) | 15-Jun-2016 | $10.5M | $14.5M | 0000 | Completed | Startup |
| 1. Seed Round | 27-May-2015 | $4M | $4M | 0000 | Completed | Startup |
Nexar Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate ($) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price |
% Owned |
|---|---|---|---|---|---|---|---|---|
| Series B2 | 000,000 | 00.000000 | 00.00 | 00.00 | 00.00 | 00 | 00.00 | 0.000 |
| Series B1 | 0,000,000 | 00.000000 | 00.00 | 00.00 | 00.00 | 00 | 00.00 | 00.000 |
| Series A | 2,681,592 | $0.000010 | $0.33 | $4.14 | $4.14 | 1x | $4.14 | 15.45% |
| Seed | 2,285,714 | $0.000010 | $0.14 | $1.75 | $1.75 | 1x | $1.75 | 13.17% |
Nexar Investors (14)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Board Seat |
Contact Info |
|---|---|---|---|---|---|---|
| Alibaba Innovation Ventures | Corporate Venture Capital | Minority | 000 0000 | 000000 0 | ||
| GE Ventures | Corporate Venture Capital | Minority | 000 0000 | 000000 0 | ||
| Ibex Investors | Venture Capital | Minority | 000 0000 | 000000 0 | ||
| Nationwide Ventures | Corporate Venture Capital | Minority | 000 0000 | 000000 0 | ||
| Pro Rata Opportunity Fund | Venture Capital | Minority | 000 0000 | 000000 0 |
Nexar Executive Team (10)
You’re viewing 5 of 10 executives. Get the full list »Nexar Board Members (4)
| Name | Representing | Role | Since | Contact Info |
|---|---|---|---|---|
| Elan Zivotofsky | Self | Board of Director | 000 0000 | |
| Jonathan Pulitzer | GE Ventures | Board Member | 000 0000 | |
| Michael Eisenberg | Aleph | Board Member | 000 0000 | |
| Simon Levene | Mosaic Ventures | Board Member | 000 0000 |