Nexar

About

Nexar develops software to protect the user and their business against car crashes and road casualties.

New York,New York,United States
101 - 250
https://getnexar.com/

Highlights

Details

Last Funding Type: Series Unknown
Industries: Artificial Intelligence,Automotive,Autonomous Vehicles,Image Recognition,Sensor,Software,Transportation
Founded date: Jan 1, 2015
Number Of Employee: 101 - 250
Operating Status: Active
Legal Name: Nexar Ltd.

Nexar creates powered dash cams that enable new vision-based applications for better driving. Nexar's mission is to reduce the chance of collisions and to make the road safer for everyone. Like a school of fish or a flock of birds, we want to get every car on the road moving safely and smoothly together.

Using a Nexar-powered dashcam, AI, and inter-vehicle networking, Nexar makes every car a smart car and is building the world’s first safe driving network.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

7

$149.50M

Nexar has raised a total of $149.50M in funding over 2 rounds. Their latest funding was raised on Nov 17, 2021 from a Series D round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Nov 17, 2021	Series D	$53M	9	Qumra Capital	—	Detail
Jul 30, 2020	Secondary Market	—	1	40 North Ventures	—	Detail
Apr 30, 2020	Series C	$52M	10	Corner Ventures	—	Detail
Jan 24, 2018	Series B	$30M	8	Ibex Investors	—	Detail
Jan 1, 2017	Series Unknown	—	1	—	—	Detail

Investments

Number of Investments

Number of Lead Investments

1

0

Nexar has made 1 investments. Their most recent investment was on May 13, 2021, when Upsie raised $18.20M.

Date Company Name	Round	Money Raised	Industry	Lead Investor
May 13, 2021 Upsie	Series A	$18.20M	Apps	—

Investors

Number of Lead Investors

Number of Investors

7

24

Nexar is funded by 24 investors. Qumra Capital and 40 North Ventures are the most recent investors.

Investor Name	Lead Investor	Funding Round
Qumra Capital	Yes	Series D
40 North Ventures	Yes	Secondary Market
Aleph	—	Series D
Atreides Management	—	Series D
Banca Generali	—	Series D
Catalyst Investors	—	Series D
Corner Ventures	—	Series D
Regah Ventures	—	Series D
State Farm Ventures	—	Series D
Valor Equity Partners	—	Series D