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Nexar
AddedFeb 15, 2024
UpdatedJun 18, 2026
Nexar

Nexar

Series D

Nexar, a NYC-based software company, uses AI and dashcams to create a safer driving network, aiming to reduce collisions.

HQ
New York City, NY, US
Founded
2015
Overview
Compare
Fundraising
Employees
News
Website

Nexar, founded in New York City, is a software company focused on enhancing road safety through advanced technology. The company's core mission is to reduce collisions and create safer driving environments by leveraging AI and inter-vehicle networking. Nexar offers a range of dash cams, including the Nexar Beam2, Nexar One, and Nexar Pro, which integrate with their app to provide real-time data and smart car capabilities. Their market focus includes individual drivers, rideshare operators, and commercial fleets.

Notable affiliated individuals include co-founders Eran Shir and Bruno Fernandez-Ruiz. Nexar has attracted significant investment from firms like Aleph and Mosaic Ventures. Key achievements include the development of a vast network of connected dash cams that contribute to a safer driving ecosystem. The overall impact of Nexar's technology has been substantial in promoting road safety and reducing accident rates through its innovative use of AI and real-time data sharing.

Nexar - Quick Facts

When was Nexar founded?

Nexar was founded in 2015.

Where is Nexar's headquarters located?

Nexar's headquarters is located in New York City, NY, US.

When was Nexar's last funding round?

Nexar's most recent funding round was for $53M (USD) in November 2021.

How much has Nexar raised to-date?

As of Nov 17, 2021, Nexar has raised a total of $149.5M (USD).

How many employees does Nexar have?

Nexar has 175 employees as of Feb 5, 2024.

Nexar - Classification

Industry
  • Hardware
Ownership
  • Venture Capital
Technology
  • AI
Geographic Exposure
  • Global
Revenue
  • Recurring
Customer
  • Consumers
Main Product
  • Dashcams
Tags
  • IoT
NAICS
  • 540000Professional, Scientific, and Technical Services
  • 541500Computer Systems Design and Related Services
  • 541000Professional, Scientific, and Technical Services
  • 541510Computer Systems Design and Related Services
  • 541511Custom Computer Programming Services
SIC
  • 7300Business Services
  • 7370Computer Programming, Data Processing, And Other Computer Related
  • 7371Computer Programming Services
Show 11 more industry codes
NAICS
  • 513200Software Publishers
  • 330000Manufacturing
  • 510000Information
  • 336000Transportation Equipment Manufacturing
  • 513000Publishing Industries
  • 336100Motor Vehicle Manufacturing
  • 513210Software Publishers
SIC
  • 3700Transportation Equipment
  • 3710Motor Vehicles And Motor Vehicle Equipment
  • 3711Motor Vehicles And Passenger Car Bodies
  • 7372Prepackaged Software