Nexar Overview
- Year Founded
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2015

- Status
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Private
- Employees
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135

- Latest Deal Type
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Accelerator/Inc
- Investors
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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
Website
www.getnexar.comCorporate Office
- 27 East 28th Street
- New York, NY 10016
- United States
Corporate Office
- 27 East 28th Street
- New York, NY 10016
- United States
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 | $4M | Completed | Startup |
Nexar Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate ($) | 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% |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
Nexar Comparisons
Industry
Financing
Details
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 |
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 |
Nexar Signals
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 |
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 |
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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