About Nearpeer
Nearpeer is a company based in Portland (United States) founded in 2015 by Dustin Manocha. It operates as a SaaS (Software-as-a-Service), and EduTech. Nearpeer has raised $2.54 million across 4 funding rounds. Nearpeer offers products and services including Nearpeer Platform. Nearpeer operates in a competitive market with competitors including Corporate Finance Institute, Pathify, Gaodun Online School, Investview and ReUp Education, among others.
- Headquarter Portland, United States
- Founders Dustin Manocha
-
Sectors
Education
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Nearpeer, Inc.
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$2.54 M (USD)
in 4 rounds
-
Latest Funding Round
$1 M (USD), Series A
Sep 27, 2024
-
Investors
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Nearpeer
Nearpeer offers a comprehensive portfolio of products and services, including Nearpeer Platform. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
A platform enhancing student belonging and enrollment success.
Funding Insights of Nearpeer
Nearpeer has successfully raised a total of $2.54M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $1 million completed in September 2024. 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.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Series A — $1.0M
-
First Round
First Round
(26 Dec 2019)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2024 | Amount | Series A - Nearpeer | Valuation |
investors |
|
| Sep, 2023 | Amount | Seed - Nearpeer | Valuation |
investors |
|
| Nov, 2020 | Amount | Seed - Nearpeer | Valuation |
investors |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Nearpeer
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Nearpeer
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Nearpeer Comparisons
Competitors of Nearpeer
Nearpeer 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 Corporate Finance Institute, Pathify, Gaodun Online School, Investview and ReUp Education, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online finance and banking training and certifications are offered.
|
|
| domain | founded_year | HQ Location |
Mobile-based platform providing student engagement solutions for colleges
|
|
| domain | founded_year | HQ Location |
Online certification courses in accounting and finance are provided.
|
|
| domain | founded_year | HQ Location |
Online financial management training and resources are provided.
|
|
| domain | founded_year | HQ Location |
Helps drop out students re-enroll in universities and provides support
|
|
| domain | founded_year | HQ Location |
Student engagement is enabled via mobile apps in higher education.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Frequently Asked Questions about Nearpeer
When was Nearpeer founded?
Nearpeer was founded in 2015 and raised its 1st funding round 4 years after it was founded.
Where is Nearpeer located?
Nearpeer is headquartered in Portland, United States. It is registered at Portland, Oregon, United States.
Who is the current CEO of Nearpeer?
Dustin Manocha is the current CEO of Nearpeer. They have also founded this company.
Is Nearpeer a funded company?
Nearpeer is a funded company, having raised a total of $2.54M across 4 funding rounds to date. The company's 1st funding round was a Seed of $735.02K, raised on Dec 26, 2019.
What does Nearpeer do?
Nearpeer is dedicated to enhancing student engagement and belonging in colleges and universities. The platform leverages advanced matching algorithms to connect students, fostering inclusion and social fit. It is utilized by educational institutions to improve enrollment rates, persistence, and graduation outcomes. Solutions are provided through a mobile app available on major platforms, targeting various student demographics including first-year and transfer students. The service operates primarily in the education technology sector, addressing challenges of student retention and community building.
Who are the top competitors of Nearpeer?
Nearpeer's top competitors include Corporate Finance Institute, Pathify and ReUp Education.
What products or services does Nearpeer offer?
Nearpeer offers Nearpeer Platform.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.