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Nexar

Nexar
2015 FOUNDED
PRIVATE STATUS
11-50 EMPLOYEES
Accelerator/Inc LATEST DEAL TYPE
$262k LATEST DEAL AMOUNT
$14.8M TOTAL AMOUNT RAISED
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
Primary Office
69 Charlton Street
New York, NY 10014
United States
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Nexar Valuation and Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
3. Accelerator/Incubator 21-Mar-2017 $262k $14.8M Completed Startup
2. Early Stage VC (Series A) 15-Jun-2016 000.00 000.00 0000 Completed Startup
1. Early Stage VC (Series A) 27-May-2015 $4M $4M $16M Completed Startup
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Nexar Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate ($) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion
Price
% Owned
Series A 0,000,000 00.000000 00.00 00.00 00.00 00 00.00 000
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Nexar Investors (9)

Investor Name Investor Type Holding Investor Since Participating Rounds Board
Seat
Contact
Info
Aleph Venture Capital Minority 000 0000 000000 0
Expansion Venture Capital Venture Capital Minority 000 0000 000000 0
Jumpgate Other Minority 000 0000 000000 0
Maniv Mobility Venture Capital Minority 000 0000 000000 0
Mosaic Ventures Venture Capital Minority 000 0000 000000 0
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Nexar Executive Team (8)

Name Title Board
Seat
Contact
Info
Eran Shir Ph.D Co-Founder & Chief Executive Officer
Bruno Fernandez-Ruiz Co-Founder & Chief Technology Officer
Elan Nyer Director of Business Development
Hilly Sorek Head of Operations
Aviv Cohen Vice President of B2B Products & Marketing
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Nexar Board Members (1)

Name Representing Role Since Contact
Info
Michael Eisenberg Aleph Board Member 000 0000