Nexar Revenue, Valuation, Funding & Investors

Nexar is valued at $320M as of November 2021, a 5.3x multiple on its last reported $60M revenue.

See full Nexar profile

Last Nexar valuation

$320M

Series D · Nov 2021

Last Nexar funding round

$53M

Series D · Nov 2021

Nexar revenue

$60M

Series D · Nov 2021

Key investors in Nexar

  • Aleph
  • Slow Ventures
  • Mosaic Ventures
  • True Ventures
  • Ibex Investors
  • Atreides Management

Nexar Overview

About Nexar

Nexar is a mobility technology provider specializing in AI-powered dash cameras for vehicles. Its devices capture high-definition video footage to enable collision detection, driver assistance features, and fleet management tools. Nexar integrates computer vision algorithms with cloud connectivity to create a crowdsourced road safety network. The platform processes real-time data from millions of drives across the United States and Europe. Headquartered in New Jersey, Nexar partners with insurance companies and automotive fleets to reduce accidents through predictive analytics.


Founded

2015

HQ

United StatesNew York City, NY

Status

Privately held

Customer focus

B2B

Revenue model

Product sales

Revenue

$60M (Nov 2021)

Valuation

$320M (Nov 2021)

Nexar Valuation

Nexar is currently valued at $320M, based on its Series D in November 2021.

The $53M round was led by Qumra Capital, with participation from Catalyst Investors, Atreides Management, Regah Ventures, Binder & Partners Ventures, Aleph and 3 other investors.

Nexar's valuation has grown 6.4x from $50M at its Series A in May 2015 to $320M in November 2021, across 3 priced rounds.

Nexar valuation by funding round

Revenue multiple
Nexar valuation by funding round
DateStageValuationRevenue Multiple
Nov 2021Series D$320M5.3x
Apr 2020Series C$272M-
May 2015Series A$50M-

Nexar Revenue

Nexar's latest recorded revenue is $60M, as of its Series D in November 2021. At a $320M valuation, that implies a 5.3x revenue multiple.

Nexar revenue by funding round

Nexar revenue and valuation multiple by funding round
DateRevenue *ValuationRevenue MultipleStage
Nov 2021$60M$320M5.3xSeries D

* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.

Nexar Funding History

Nexar has raised a total of $150M across 5 funding rounds.

Nexar's first fundraising round was a $4M Series A in May 2015. The most recent completed round was a $53M Series D in November 2021.

Nexar funding rounds

Nexar funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Nov 2021Series DQumra Capital (lead); Catalyst Investors; Atreides Management; Regah Ventures; Binder & Partners Ventures; Aleph; State Farm Ventures; Corner Ventures; Valor Equity Partners$53M$320MNexar is an AI computer vision company specializing in crowd-sourced visual data from dash cams, providing insights to cities, transportation departments, automotive, and insurance companies. It collects data from hundreds of thousands of dash cams globally, second only to Tesla in image-data volume, with a database of 4 trillion images and coverage of 150 million miles of road monthly. The company grew its direct-to-consumer dash cam business rapidly, becoming the leading US brand, and launched Live Map in 2019 for real-time street footage analysis. Nexar's positioning leverages massive visual data for mapping the physical world, with applications in mobility and urban planning. On November 17-18, 2021, Nexar raised $53 million in a Series D round led by Qumra Capital, with participation from State Farm Ventures, Catalyst Investors, Banca Generali, Valor Equity Partners, and prior investors including Atreides Management, Aleph, Corner Ventures, and Regah Ventures. The funds aim to scale its digital twin service using dash cam data for automotive OEMs and cities, advancing safer driving and digital city mapping. Erez Shachar from Qumra Capital joined the board. The company had previously raised in Series C rounds in 2020 totaling around $52-53 million at $272-278 million valuation. Later rounds include a Series E in 2023 for $178 million at higher valuation.
Apr 2020Series CCorner Ventures (lead); Mosaic Ventures; Samsung NEXT; Nationwide Ventures; Ibex Investors; Atreides Management; Aleph; Micron Ventures; La Maison Compagnie d'Investissement; Sompo Japan Nipponkoa Insurance$52M$272MNexar is an Israeli vision-based software company developing a smart dashcam app that provides automated safe-driving alerts to users while generating roadway insights from user dashcam data for cities, insurers, and private sector partners. The platform powers a connected network covering extensive U.S. roads, with its driver network growing tenfold since late 2018 to span over 70 million miles monthly across more than 1,000 cities, achieving over 90% coverage of freeways and 50% of non-residential roads weekly as of April 2020. Nexar sells data services derived from this network, including to mapping companies and municipalities like Las Vegas for traffic congestion analysis, and launched Nexar Virtual Camera for on-demand monitoring, such as COVID-19 impacts at hospitals and parking areas. On April 30, 2020, Nexar raised $52 million in a Series C funding round led by Corner Ventures, with participation from Samsung NEXT, La Maison Compagnie d'Investissement, Micron Ventures, Sompo Japan Nipponkoa Insurance (Sompo), Atreides Management, and prior investors Aleph, Mosaic Ventures, Ibex Investors, and Nationwide Ventures. This brought total funding to nearly $100 million. A source familiar with the deal valued the company at $272 million post-money, including the new investment. One source lists it as Series C-2 with $10.21 million raised at a $278.33 million valuation, but primary announcements confirm the $52 million figure and matching investors. Proceeds support expansion of data services, U.S. growth, and global rollout, including a partnership with Japanese insurer Mitsui Sumitomo Insurance to deploy Nexar tech in hundreds of thousands of vehicles and a curbside mapping pilot in Europe with a major automotive manufacturer. The company aids insurers in claims processing via dashcam footage and focuses on smart-city applications to enhance road efficiency and safety. Despite COVID-19 reducing driving activity, fundraising completed successfully before market disruptions.
Jan 2018Series BIbex Investors (lead); Mosaic Ventures; Tusk Venture Partners; Slow Ventures; Alibaba Innovation Investment; Nationwide Ventures; Aleph; True Ventures$30M--
Jun 2016Series AMosaic Ventures (lead); True Ventures (lead); Expansion Venture Capital; Tusk Venture Partners; Slow Ventures; Aleph$11M-Nexar is a Vision AI company based in Tel Aviv, Israel, that organizes the physical world as digital information using a global network of mobile cameras on roads to deliver insights for vehicle autonomy and safety.
May 2015Series AAleph (lead); Maniv Mobility; Slow Ventures$4M$50MNexar raised $4 million in a funding round led by Aleph Ventures around May 2015. Equitybee reports a $50 million valuation for an October 2015 Round A raising $6.1 million. Investors included Aleph, with participation from Maniv Mobility and Slow Ventures in early rounds per broader investor lists. Nexar develops a platform to influence driving behavior through vision-based technology and AI-powered dashcams for road safety. The company has progressed through multiple rounds, including a $30 million Series B in 2018 led by Ibex Investors with Alibaba, Nationwide, Aleph, Mosaic Ventures, and Slow Ventures, bringing total funding to $45 million at that time, and a $52 million Series C in 2020 led by Corner Ventures.

Who has invested in Nexar?

22 investors have backed Nexar across its funding rounds, including Aleph, Slow Ventures, Mosaic Ventures, True Ventures, Ibex Investors and Atreides Management.

Lead investors include Qumra Capital, Corner Ventures, Ibex Investors, Mosaic Ventures, True Ventures and 1 other investor.


Nexar Investors

Investors in Nexar by funding rounds participated
InvestorHQRoundsRoleFirst check
AlephIsraelIsrael5LeadMay 2015
Mosaic VenturesUnited KingdomLondon3LeadJun 2016
Slow VenturesUnited StatesSan Francisco, CA3ParticipantMay 2015
Tusk Venture PartnersUnited StatesNew York City, NY2ParticipantJun 2016
Nationwide VenturesUnited StatesColumbus, OH2ParticipantJan 2018
Ibex InvestorsUnited StatesDenver, CO2LeadJan 2018
Atreides ManagementUnited StatesBoston, MA2ParticipantApr 2020
True VenturesUnited StatesSan Francisco, CA2LeadJun 2016
Corner VenturesUnited StatesSan Francisco, CA2LeadApr 2020
Expansion Venture CapitalUnited StatesNew York City, NY1ParticipantJun 2016
Maniv MobilityIsraelTel Aviv1ParticipantMay 2015
Catalyst InvestorsUnited StatesNew York City, NY1ParticipantNov 2021
Samsung NEXTUnited StatesSan Francisco, CA1ParticipantApr 2020

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Acquisitions by Nexar

Nexar has acquired 2 companies to date.

Last acquisition by Nexar was on June 30th 2026. Nexar acquired Nauto for undisclosed valuation.


Latest Acquisitions by Nexar

Nauto
Veniam
Description
Nauto is a Palo Alto-based AI company deploying dashcam systems in commercial trucks to score driver behaviors and prevent crashes. The platform uses edge computing on NVIDIA hardware to analyze 8 million miles of daily fleet data from clients like Knight-Swift Transportation. Nauto integrates with telematics from Geotab for predictive collision avoidance.
Veniam is a Mountain View, California-headquartered networking software provider for mobility ecosystems. Founded in 2012, it holds over 140 patents and optimizes 4G/5G, Wi-Fi, and V2X networks for fleets, connected cars, and IoT devices. With engineering in Porto, Portugal, and offices in Detroit, Munich, and Tokyo, Veniam serves major auto OEMs and suppliers in vehicle data management.
HQ CountryUnited StatesUnited States
HQ City
San Francisco, CA
San Francisco, CA
Deal Date30 Jun 20263 Aug 2022
Valuationundisclosedundisclosed
EV/Revenue
EV/EBITDA

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Nexar Competitors

Nexar competitors include listed companies like Aeva, Arbe Robotics, AEye and People & Technology, and private ones like Point One Navigation and Saildrone.

Public and private companies comparable to Nexar
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
Point One NavigationUnited StatesSan Francisco, CAPrivate--$230M-
AevaUnited StatesUnited StatesPublicly listed$18M($139M)$1.1B35.6x
Arbe RoboticsChinaChinaPublicly listed$1M($48M)$86M22.0x
AEyeUnited StatesUnited StatesPublicly listed$233K($36M)$56M-
People & TechnologySouth KoreaSouth KoreaPublicly listed$542M$77M$485M1.2x
SaildroneUnited StatesUnited StatesPrivate$43M-$600M14.0x

Nexar Public Comps

Nexar is still privately-owned, but its public comps include Volatus Aerospace, Altınay Savunma, Swarmer, Soracom, SaverOne, Palladyne AI, Gorilla Technology Group, Lantronix, Xperi and Serve Robotics.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Volatus Aerospace$25M($8M)12.5x11.1x(37.6x)(38.6x)
Altınay Savunma$65M$9M5.6x-38.3x-
Swarmer$310K($8M)1023.2x101.7x(37.3x)(29.1x)
Soracom$80M$6M3.1x3.1x39.7x31.6x
SaverOne$335K($9M)1041.3x-(37.0x)-
Palladyne AI$5M($27M)47.8x13.0x(9.4x)(7.8x)
Gorilla Technology Group$101M($12M)2.6x1.5x(21.4x)20.9x
Lantronix$121M($872K)1.8x1.8x(251.9x)31.9x

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Common questions about Nexar

When was Nexar founded?Nexar was founded in 2015.
Where is Nexar headquartered?Nexar is headquartered in New York City, NY, United States.
Is Nexar publicly listed?No, Nexar is a private, VC-backed company.
What is Nexar's valuation?Nexar was last valued at $320M in its Series D in November 2021.
How much funding has Nexar raised?Nexar has raised $150M across 5 funding rounds.
What was Nexar's last funding round?Nexar's last funding round was a $53M Series D in November 2021, led by Qumra Capital.
Who are Nexar's investors?Nexar's investors include Aleph, Mosaic Ventures, Slow Ventures, Tusk Venture Partners, Nationwide Ventures, Ibex Investors, Atreides Management, True Ventures, Corner Ventures, Expansion Venture Capital and 12 others.
What is Nexar's revenue?Nexar's latest recorded revenue is $60M (November 2021).
What is Nexar's revenue multiple?Nexar's latest valuation implies a 5.3x revenue multiple ($320M valuation on $60M of revenue).
Which companies are comparable to Nexar?Companies comparable to Nexar include Point One Navigation, Aeva, Arbe Robotics, AEye, People & Technology and Saildrone.
How many companies has Nexar acquired?Nexar has acquired 2 companies, including Nauto and Veniam.

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