Nexar
Latest round
- Series D
Last raised
- Aug 2021
Total raised
- $146M
Investors
- 21
About Nexar
Nexar, Inc. develops advanced AI-driven road safety solutions through high-definition dash cameras, enhancing safety for individual drivers and businesses.Nexar, Inc. was founded in 2015 in New York, US, specializing in AI-based road safety solutions.11 mn. The firm has completed 7 investment deals, focusing on technological advancements in vehicle safety.Nexar specializes in advanced AI-driven road safety solutions, primarily through its suite of high-definition dash cameras designed to enhance vehicle safety and security. The core product offerings include the Nexar Beam2, Nexar Beam2 Mini, and Nexar One, which provide features such as live GPS tracking, real-time emergency alerts, and remote video streaming. These devices enable users to capture clear video evidence during incidents, offering peace of mind to both individual drivers and businesses involved in fleet operations. Nexar's products are particularly popular among rideshare drivers, families, and commercial fleets, addressing safety concerns by allowing users to monitor their vehicles at all times.Nexar generates revenue primarily through direct-to-consumer sales and strategic partnerships within the automotive and insurance sectors. The company offers its products through various pricing plans, which include one-time purchases and subscription models for cloud storage and enhanced features. For example, the Nexar Beam2 is available at a set retail price, while users can opt for additional services such as unlimited cloud backups for a recurring fee. This transactional structure allows Nexar to cater to both individual consumers and commercial clients, including fleet operators and insurance companies, enhancing the overall value proposition for its user base.In September 2023, Nexar, Inc. Nexar plans to launch new products aimed at enhancing its existing offerings and will be exploring expansion into targeted regions in Asia and Europe by 2024.
Who invested in Nexar
21 investors across 4 rounds
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Questions about Nexar
Who invested in Nexar?
Nexar has 21 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Nexar raised?
Nexar has raised 4 venture rounds. Sign up free to see how much each round raised and the total.
When did Nexar last raise money?
Nexar's most recent round on record is a Series D, in Aug 2021.
What does Nexar do?
Nexar is a software company.
Where is Nexar headquartered?
Nexar is headquartered in New York, US.
Which VCs invest in companies like Nexar?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Nexar's stage. Their profiles are linked below.
VCs backing software startups at Series D
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