Near Intelligence Funding, Investors & Competitors

Near Intelligence has raised $128M across 3 funding rounds, most recently a $100M Series D in July 2019.

Last Near Intelligence funding round

$100M

Series D · Jul 2019

Cumulative funding Near Intelligence raised

$128M

across 3 funding rounds

Key investors in Near Intelligence

  • Peak XV Partners
  • Global Brain Corporation
  • OurCrowd
  • Cisco Investments
  • Titanium Ventures
  • Greater Pacific Capital
  • JPMorgan Partners

Near Intelligence Overview

About Near Intelligence

Near Intelligence is a Singapore-headquartered SaaS platform for location-based consumer insights across 44 countries. Processing data from 1.6 billion user IDs and 70 million points of interest, it serves retail, real estate, and telecom clients in Los Angeles, Paris, Bangalore, Sydney, and Tokyo with audience segmentation and attribution tools. Backers include Sequoia Capital and JP Morgan.


Founded

2012

HQ

United StatesLos Angeles, CA

Website

near.com

Status

Privately held

Customer focus

B2B

Revenue model

Subscription

Near Intelligence Funding History

Near Intelligence has raised a total of $128M across 3 funding rounds.

Near Intelligence's first fundraising round was a $19M Series B in October 2014. The most recent completed round was a $100M Series D in July 2019.

Near Intelligence funding rounds

Near Intelligence funding rounds
DateStageInvestorsRaisedDeal Summary
Jul 2019Series DGreater Pacific Capital (lead)$100MNear Intelligence, a Singapore-headquartered AI platform founded in 2012, raised $100 million in its Series D funding round on July 16-17, 2019, from London-based private equity firm Greater Pacific Capital (GPC), bringing its total funding to $134 million. The company is also backed by investors including Sequoia Capital, JP Morgan Private Equity Group, Cisco Investments, and Telstra Ventures. Near aggregates intelligence on people and places using machine learning and AI to analyze data from over 1.6 billion monthly users across 44 countries, creating anonymous profiles for insights into human behavior. Near's flagship SaaS product, Allspark, enables end-to-end marketing automation for clients in more than 20 countries, with customers including News Corp, MetLife, Mastercard, and WeWork. The platform processes real-world data to make it actionable, focusing on privacy-protected insights into audience, spatial, retail, and other data points. The company has a global presence with offices in San Francisco, New York, London, Tokyo, Sydney, and a technology and R&D center in Bengaluru. The new funds were allocated to launch a suite of new data products powered by the core platform, strengthen positions in existing markets, and expand into key strategic markets, including bolstering its Australian presence. GPC CEO Ketan Patel highlighted Near's global capability to predict and influence behavior in a privacy-protected manner.
Jun 2017Series CCisco Investments; OurCrowd$9M-
Oct 2014Series BTitanium Ventures (lead); Global Brain Corporation; JPMorgan Partners; Peak XV Partners$19M-

Who has invested in Near Intelligence?

7 investors have backed Near Intelligence across its funding rounds, including Peak XV Partners, Global Brain Corporation, OurCrowd, Cisco Investments, Titanium Ventures and Greater Pacific Capital.

Lead investors include Greater Pacific Capital and Titanium Ventures.


Near Intelligence Investors

Investors in Near Intelligence by funding rounds participated
InvestorHQRoundsRoleFirst check
Global Brain CorporationJapanTokyo1ParticipantOct 2014
Titanium VenturesUnited StatesUnited States1LeadOct 2014
Cisco InvestmentsUnited StatesUnited States1ParticipantJun 2017
JPMorgan PartnersUnited StatesNew York City, NY1ParticipantOct 2014
OurCrowdIsraelJerusalem1ParticipantJun 2017

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Acquisitions by Near Intelligence

Near Intelligence has acquired 2 companies to date.

Last acquisition by Near Intelligence was on April 27th 2021. Near Intelligence acquired UberMedia for undisclosed valuation.


Latest Acquisitions by Near Intelligence

UberMedia
Teemo
Description
UberMedia is a Pasadena-headquartered mobile advertising network founded in 2010 as part of Idealab. It processes location data from apps like Twitpic to deliver targeted campaigns for brands in retail and automotive. UberMedia reaches 200 million US users monthly via Twitter integrations and geofencing. Recognized by Fast Company, it serves Fortune 500 clients with in-app ads.
Teemo is a Paris-headquartered drive-to-store advertising platform targeting retail foot traffic for brands in Europe and North America. The service leverages mobile geofencing, location data, and machine learning to attribute in-store visits from ad campaigns, serving clients in quick-service restaurants, automotive dealerships, grocery chains, and fashion retail. Founded in 2014, Teemo processes billions of location signals daily across iOS and Android devices.
HQ CountryUnited StatesFrance
HQ City
Los Angeles, CA
Paris
Deal Date27 Apr 202119 Nov 2020
Valuationundisclosed$6M
EV/Revenue
EV/EBITDA

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Near Intelligence Competitors

Near Intelligence competitors include listed companies like Wolters Kluwer and Shanghai DZH, and private ones like Branch, Qontigo, Capitolis and 9fin.

Public and private companies comparable to Near Intelligence
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
Wolters KluwerNetherlandsNetherlandsPublicly listed$7.1B$2.5B$18B3.1x
BranchUnited StatesSan Francisco, CAPrivate--$4B-
QontigoGermanyEschbornPrivate--$3.5B-
Shanghai DZHChinaChinaPublicly listed$123M($545K)$2.4B-
CapitolisUnited StatesUnited StatesPrivate--$1.6B-
9finUnited KingdomUnited KingdomPrivate--$1.3B-

Near Intelligence Public Comps

Near Intelligence is still privately-owned, but its public comps include Palantir, ServiceNow, S&P Global, Intercontinental Exchange, Datadog, Moody's, RELX, London Stock Exchange Group, Strategy and Nasdaq.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Palantir$4.5B$1.5B92.6x58.1x285.0x97.4x
ServiceNow$13B$2.6B11.1x9.6x57.2x25.0x
S&P Global$15B$7.7B8.9x9.1x17.6x17.3x
Intercontinental Exchange$13B$6.6B8.2x9.7x15.8x14.4x
Datadog$3.4B($588K)23.6x19.4x(137813.0x)77.6x
Moody's$7.7B$3.8B11.2x10.6x22.5x20.1x
RELX$13B$4.9B5.5x5.3x14.4x13.2x
London Stock Exchange Group$13B$5.9B5.5x5.4x11.6x10.6x

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Common questions about Near Intelligence

When was Near Intelligence founded?Near Intelligence was founded in 2012.
Where is Near Intelligence headquartered?Near Intelligence is headquartered in Los Angeles, CA, United States.
Is Near Intelligence publicly listed?No, Near Intelligence is a private, VC-backed company.
How much funding has Near Intelligence raised?Near Intelligence has raised $128M across 3 funding rounds.
What was Near Intelligence's last funding round?Near Intelligence's last funding round was a $100M Series D in July 2019, led by Greater Pacific Capital.
Who are Near Intelligence's investors?Near Intelligence's investors include Global Brain Corporation, Titanium Ventures, Cisco Investments, JPMorgan Partners, OurCrowd, Greater Pacific Capital and Peak XV Partners.
Which companies are comparable to Near Intelligence?Companies comparable to Near Intelligence include Wolters Kluwer, Branch, Qontigo, Shanghai DZH, Capitolis and 9fin.
How many companies has Near Intelligence acquired?Near Intelligence has acquired 2 companies, including UberMedia and Teemo.
What was the largest acquisition by Near Intelligence?The $6M acquisition of Teemo in November 2020 is the largest acquisition Near Intelligence has made to date.

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