Nexar Overview
- Founded
-
2015

- Status
-
Private
- Employees
-
130

- Latest Deal Type
-
Series D
- Latest Deal Amount
-
$52.8M
- Investors
-
30
Nexar General Information
Description
Developer of a mobile application designed to detect driving hazards and prevent car accidents. The company's artificial intelligence 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, enabling users to reduce the chance of collisions and to make roadways safer and more efficient.
Contact Information
Website
www.getnexar.com
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Automotive
Other Industries
Application Software
Primary Office
- 205 Hudson Street
- New York, NY 10013
- United States
Nexar Timeline
Nexar Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
7. Later Stage VC (Series D) | 17-Nov-2021 | $52.8M | 00000 | 00000 | Completed | Generating Revenue |
6. Secondary Transaction - Private | 31-Jul-2020 | 000.00 | Completed | Generating Revenue | ||
5. Later Stage VC (Series C) | 30-Apr-2020 | 0000 | 000.00 | 00000 | Completed | Generating Revenue |
4. Early Stage VC (Series B) | 24-Jan-2018 | 0000 | 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 | 000.00 | 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 D | 0,000,000 | 00.000000 | 00 | 000.00 | 000.00 | 00 | 000.00 | 00.000 |
Series C2 | 0,000,000 | 00.000000 | 00.00 | 00.0 | 00.0 | 00 | 00.0 | 0.000 |
Series C1 | 0,000,000 | 00.000000 | 00.00 | 000.00 | 000.00 | 00 | 000.00 | 00.000 |
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 | 2,657,156 | $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% |
Nexar Comparisons
Description
Primary
Industry
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
Automotive
New York, NY
130
As of 2022
00000
0000
0000-00-00
00000000000
00000
Nexar Competitors (3)
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Mobileye | Formerly PE-Backed | Jerusalem, Israel | 0000 | 00.000 | 00000000 | |
00000 | Venture Capital-Backed | Palo Alto, CA | 000 | 00000 | 00000000000 | 00000 |
0000000 0000 | Formerly VC-backed | Boston, MA | 000 | 000.00 | 000000&0 | 000.00 |
Nexar Patents
Nexar Recent Patent Activity
Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
---|---|---|---|---|---|
US-20200309541-A1 | Localization and mapping methods using vast imagery and sensory data collected from land and air vehicles | Pending | 28-Mar-2019 | 0000000000 | |
US-20200287745-A1 | Modular vehicle sensing, assisting connected system | Pending | 05-Mar-2019 | 00000000000 | |
US-20200090504-A1 | Digitizing and mapping the public space using collaborative networks of mobile agents and cloud nodes | Pending | 07-Jun-2017 | 0000000000 | |
US-20180210520-A1 | Cooling adapter for mobile device | Granted | 22-Jan-2017 | 000000000 | 0 |
US-10331184-B2 | Cooling adapter for mobile device | Active | 22-Jan-2017 | G06F1/203 | 0 |
Nexar Executive Team (11)
Nexar Board Members (5)
Name | Representing | Role | Since |
---|---|---|---|
Erez Shachar | Qumra Capital | Board Member | 000 0000 |
Michael Eisenberg | Aleph | Board Member | 000 0000 |
Simon Levene | Mosaic Ventures | Board Member | 000 0000 |
Nexar Signals
Nexar Investors (30)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
---|---|---|---|---|---|
8a + Investimenti | Asset Manager | Minority | 000 0000 | 000000 0 | |
Accelerate Blue Fund | Venture Capital | Minority | 000 0000 | 000000 0 | |
Catalyst Investments | Growth/Expansion | Minority | 000 0000 | 000000 0 | |
Qumra Capital | Venture Capital | Minority | 000 0000 | 000000 0 | |
State Farm Ventures | Corporate Venture Capital | Minority | 000 0000 | 000000 0 |
Nexar Investments (1)
Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
---|---|---|---|---|---|
00000 00000 | 09-May-2022 | 00000 0000 | Automotive | 0000 0000 |