Nearside Overview

  • Year Founded
  • 2018

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 57

Employees

  • Latest Deal Type
  • M&A

  • Latest Deal Amount
  • $130M

Nearside General Information

Description

Provider of credit financing intended to offer a line of credit to small businesses. The company offers business loans to owners who may not be able to get credit from more traditional sources and empowers business owners with the tools and support they need to achieve success, enabling clients to access credit.

Contact Information

Website
www.nearside.com
Formerly Known As
Sakura Credit, Sakura Research Corporation, Hatch
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Primary Industry
Specialized Finance
Other Industries
Other Financial Services
Parent Company
Plastiq
Primary Office
  • Post Office Box 7775
  • Postal Mail Box 68032
  • San Francisco, CA 94120-7775
  • United States
+1 (888) 000-0000

Want detailed data on 3M+ companies?

What you see here scratches the surface

Request a free trial

Want to dig into this profile?

We’ll help you find what you need

Learn more

Nearside Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
5. Merger/Acquisition 01-Nov-2022 $130M 000.00 00000 Completed Generating Revenue
4. Early Stage VC (Series B) 06-Dec-2021 000.00 000.00 00000 Completed Generating Revenue
3. Early Stage VC (Series 3) 31-Mar-2020 000.00 Completed Generating Revenue
2. Early Stage VC (Series A) 12-Mar-2020 $15.1M $20.1M 000.00 Completed Generating Revenue
1. Seed Round 01-Jan-2019 $5M $5M Completed Startup
To view Nearside’s complete valuation and funding history, request access »

Nearside Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Series B 0,000,000 00.000000 000.00 000.00 00 000.00 00.000
Series A-5 000,000 00.000000 00.00 00.00 00 00.00 0.000
Series A-4 0,000,000 00.000000 00.00 00.00 00 00.00 00.000
Series A-3 000,000 00.000000 00.00 00.00 00 00.00 0.000
Series A-2 36,451 $0.000010 $2.74 $2.74 1x $2.74 0.22%
Series A-1 3,328,184 $0.000010 $3.05 $3.05 1x $3.05 20.44%
To view Nearside’s complete cap table history, request access »

Nearside Executive Team (3)

Name Title Board Seat Contact Info
James Lee General Counsel
You’re viewing 1 of 3 executive team members. Get the full list »

Nearside Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach.

Request a free trial

Nearside Former Investors (18)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
500 Global Venture Capital Minority 000 0000 000000 0
Abstract Ventures Venture Capital Minority 000 0000 000000 0
Breyer Capital Venture Capital Minority 000 0000 000000 0
Fathom Capital Venture Capital Minority 000 0000 000000 0
Firebolt Ventures Venture Capital Minority 000 0000 000000 0
You’re viewing 5 of 18 investors. Get the full list »

Ready to get started?

Request a free trial