About NextBlock
NextBlock is a company based in Singapore (Singapore) founded in 2021 by Darrell Zhang and Willynn Ng.. NextBlock has raised $367.9 thousand across 1 funding round from investors including Farquhar Venture Capital, Min Liang Tan and Plug and Play APAC. NextBlock offers products and services including NextBlock App and Neighborhood Sharing Service. NextBlock operates in a competitive market with competitors including Nextdoor, Nebenan, Hayi, Hopplr and Public Next, among others.
- Headquarter Singapore, Singapore
- Founders Darrell Zhang, Willynn Ng
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Sectors
Media & Entertainment
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Neighbourhood Pte. Ltd
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$367.9 K (USD)
in 1 rounds
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Latest Funding Round
$367.9 K (USD), Seed
Aug 08, 2022
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Investors
Farquhar Venture Capital
& 2 more
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Employee Count
Employee Count
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Products & Services of NextBlock
NextBlock offers a comprehensive portfolio of products and services, including NextBlock App and Neighborhood Sharing Service. 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.
App for connecting neighbors and sharing local deals and news
Service for listing items and community updates in estates
Funding Insights of NextBlock
NextBlock has successfully raised a total of $367.9K through 1 strategic funding round. The most recent funding activity was a Seed round of $367.9 thousand completed in August 2022. 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 1
- Last Round Seed — $367,895
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First Round
First Round
(08 Aug 2022)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2022 | Amount | Seed - NextBlock | Valuation | Plug and Play APAC |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in NextBlock
NextBlock has secured backing from 3 investors, including venture fund and angel investors. Prominent investors backing the company include Farquhar Venture Capital, Min Liang Tan and Plug and Play APAC. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital investments are provided to early-stage startups in Southeast Asia.
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Founded Year | Domain | Location | |
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Sector-agnostic acceleration is provided to startups across industries.
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Founded Year | Domain | Location | |
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ML
Min Liang Tan |
Co-founder & CEO of Razer, prominent angel investor in tech startups.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by NextBlock
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - NextBlock
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Nextblock Comparisons
Competitors of NextBlock
NextBlock 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 Nextdoor, Nebenan, Hayi, Hopplr and Public Next, 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 |
Neighborhood connections are facilitated via social networking and local e-commerce.
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| domain | founded_year | HQ Location |
Interactions among neighbors are facilitated via a secure social platform.
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| domain | founded_year | HQ Location |
Online social platform for connecting neighbors
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| domain | founded_year | HQ Location |
Neighborhood connections, discussions, and local services are enabled by Hopplr.
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| domain | founded_year | HQ Location |
Kannada-language online news and information are provided across categories.
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| domain | founded_year | HQ Location |
Hyperlocal social networking and proximity-based dating app is provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Nextblock
Frequently Asked Questions about NextBlock
When was NextBlock founded?
NextBlock was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Where is NextBlock located?
NextBlock is headquartered in Singapore, Singapore.
Is NextBlock a funded company?
NextBlock is a funded company, having raised a total of $367.9K across 1 funding round to date. The company's 1st funding round was a Seed of $367.9K, raised on Aug 08, 2022.
What does NextBlock do?
NextBlock, founded in 2021 in Singapore, Singapore, focuses on consumer, managing social platforms, and neighbours. Social platform to connect with people in the neighbourhood. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
Who are the top competitors of NextBlock?
What products or services does NextBlock offer?
NextBlock offers NextBlock App and Neighborhood Sharing Service.
Who are NextBlock's investors?
NextBlock has 3 investors. Key investors include Farquhar Venture Capital, Min Liang Tan, and Plug and Play APAC.