# Nearby HQ

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/nearby-hq

- Industry: Internet
- Headquarters: Los Altos, US
- Website: www.nearbyhq.com
- Total disclosed funding: $26M
- Latest round: Series A (May 5, 2021)
- Investors on record: 6

## About

Based in the US, Nearby HQ Corp. specializes in delivering technology solutions aimed at optimizing operations and enhancing productivity for a wide range of clientele.Nearby HQ Corp., founded in 2020 in Los Altos, US, focuses on providing technology solutions for operational efficiency. The company is led by CEO Petr Parízek, who has prior entrepreneurial experience. It has raised USD 21 mn in a SERIES A funding round on May 5, 2021, with Redpoint Ventures as the lead investor, alongside Cowboy Ventures, GV, Moxxie Ventures, Obvious Ventures, and Sound Ventures, bringing the total amount raised to USD 21 mn and a current valuation of USD 78.595 mn.Nearby HQ Corp. specializes in innovative technology solutions that streamline operations and enhance productivity. Their software suite includes applications for automation, data analytics, and customer relationship management, addressing challenges in workflow efficiency, data management, and customer engagement. These solutions are utilized by clients ranging from small enterprises to large corporations across finance, healthcare, and retail, with a market presence in North America, Europe, and parts of Asia.The company generates revenue through a subscription-based model, providing clients continuous access to its software solutions. This approach ensures predictable cash flow and long-term client relationships. The pricing is tiered, tailored to different service levels, including flagship products like advanced data analytics tools and customer engagement platforms, emphasizing scalability and customization for customer needs.In May 2021, Nearby HQ Corp. secured USD 21 mn in SERIES A funding to facilitate expansion into new cities and enhance its team. The company plans to introduce new products designed to meet emerging market demands and expand its services into additional geographic regions, with specific targets yet to be disclosed.

## Funding rounds

- Series A, May 5, 2021, $21M — Redpoint Ventures, GV, Cowboy Ventures, Sound Ventures, Obvious, Moxxie Ventures
- Seed, Feb 3, 2021, $5.1M — GV, Obvious

## Investors

- GV (https://capitalatlas.ai/funds/gv) — Seed, Series A
- Obvious (https://capitalatlas.ai/funds/obvious) — Seed, Series A
- Redpoint Ventures (https://capitalatlas.ai/funds/redpoint-ventures) — Series A
- Cowboy Ventures (https://capitalatlas.ai/funds/cowboy-ventures) — Series A
- Sound Ventures (https://capitalatlas.ai/funds/sound-ventures) — Series A
- Moxxie Ventures (https://capitalatlas.ai/funds/moxxie-ventures) — Series A