About nate
nate is a company based in New York (United States) founded in 2018. nate has raised $38 million across 2 funding rounds from investors including Canaan, Renegade Partners and Forerunner Ventures. The company has 114 employees as of January 31, 2022. nate offers products and services including Nate App, Gifting Service, and Sharing Tool. nate operates in a competitive market with competitors including Sezzle, Naya Collection, National Credit Direct, Shop by Voice and Commersational, among others.
- Headquarter New York, United States
- Employees 114 as on 31 Jan, 2022
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Sectors
TechnologyRetail
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Email
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Phone
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Website
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Social
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- Legal Name Nate Tech Limited
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$38 M (USD)
in 2 rounds
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Latest Funding Round
$38 M (USD), Series A
Jun 17, 2021
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Investors
Canaan
& 4 more
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Employee Count
114
as on Jan 31, 2022
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Products & Services of nate
nate offers a comprehensive portfolio of products and services, including Nate App, Gifting Service, and Sharing Tool.
Mobile app for online shopping and secure transactions.
Feature to send gifts via text without addresses.
Tool for curating and sharing shopping inspirations.
Funding Insights of nate
nate has successfully raised a total of $38M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $38 million completed in June 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in nate
nate has secured backing from 5 investors, including venture fund and angel investors. Prominent investors backing the company include Canaan, Renegade Partners and Forerunner Ventures.
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Venture capital firm focused on multiple sectors
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Early-stage investments are directed toward tech startups by Forerunner Ventures.
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Provider of an investment platform for various stages
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Investor details for nate
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Investments & Acquisitions by nate
Investment portfolio details for nate
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Financial Statements - nate
Detailed financials for nate
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Nate Comparisons
Peer comparison for nate
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Competitors of nate
nate operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Sezzle, Naya Collection, National Credit Direct, Shop by Voice and Commersational, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Point-of-sale financing is enabled for installment purchases at partnered retailers.
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Provides web hosting, website migration, and application installation tools.
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Online retailer offering financed sales of electronics, furniture, and home goods.
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Features a voice-enabled e-commerce application for seamless online shopping.
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Platform enables local vendors to buy and sell items via chat for seamless transactions.
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Detailed competitors of nate
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Latest news on Nate
Complete news archive for nate
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Frequently Asked Questions about nate
nate was founded in 2018 and raised its 1st funding round 2 years after it was founded.
nate is headquartered in New York, United States. It is registered at New York, New York, United States.
nate is a funded company, having raised a total of $38M across 2 funding rounds to date.
As of Jan 31, 2022, the latest employee count at nate is 114.
The company was founded in 2018 and is headquartered in New York, United States. Operations are conducted in the e-commerce sector through a mobile app that provides access to a diverse product range, including apparel, accessories, footwear, beauty items, electronics, toys, and sports gear. Purchase financing options are offered, along with product search functionality using photos. The app is available exclusively for iOS devices.
nate's top competitors include Sezzle, Naya Collection and National Credit Direct.
nate offers Nate App, Gifting Service, and Sharing Tool.
nate has 5 investors. Key investors include Canaan, Renegade Partners, Forerunner Ventures, Coatue, and Laura Chau.