About Nextdoor
Nextdoor is a company based in San Francisco (United States) founded in 2011.. Nextdoor has raised $455.2 million across 8 funding rounds from investors including Kleiner Perkins, Allen & Company and Pinnacle Ventures. The company has 546 employees as of December 31, 2024. Nextdoor has completed 1 acquisition, including Neighborland. Nextdoor operates in a competitive market with competitors including Poshmark, Nebenan, Hopplr, NearGroup and Hayi, among others.
- Headquarter San Francisco, United States
- Employees 546 as on 31 Dec, 2024
- Stage Public
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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 Nextdoor Holdings, Inc.
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Annual Revenue
$247.28 M13.27as on Dec 31, 2024
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Net Profit
$-98.06 M33.64as on Dec 31, 2024
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EBITDA
$-117.74 M29.29as on Dec 31, 2024
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Total Equity Funding
$455.2 M (USD)
in 8 rounds
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Latest Funding Round
$170 M (USD), Series F
May 08, 2019
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Investors
Kleiner Perkins
& 23 more
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Employee Count
546
as on Dec 31, 2024
- Investments & Acquisitions
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IPO & Listings of Nextdoor
Nextdoor is a publicly listed company on the NYSE with ticker symbol NXDR in USA, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
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Software Development Team
59 people
Board Team
13 people
Data Analysis and Operations Team
13 people
Operations Team
12 people
Finance and Accounting
10 people
Senior Team
10 people
Client Team
8 people
Head Team
7 people
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Funding Insights of Nextdoor
Nextdoor has successfully raised a total of $455.2M across 8 strategic funding rounds. The most recent funding activity was a Series F round of $170 million completed in May 2019. 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 8
- Last Round Series F — $170.0M
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First Round
First Round
(06 Jan 2010)
- Investors Count 24
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2019 | Amount | Series F - Nextdoor | Valuation | Riverwood Capital , Bond Capital | |
| Dec, 2017 | Amount | Series E - Nextdoor | Valuation |
investors |
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| Mar, 2015 | Amount | Series D - Nextdoor | Valuation | Insight Partners , Redpoint Ventures |
| 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 Nextdoor
Nextdoor has secured backing from 24 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Kleiner Perkins, Allen & Company and Pinnacle Ventures. 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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Carveout investments are managed by Riverwood Capital in private equity.
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Founded Year | Domain | Location | |
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Venture capital investments are offered to promising startups.
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Founded Year | Domain | Location | |
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Venture and private equity investments are managed with global diversification.
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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 Nextdoor
Nextdoor has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Neighborland. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Civic engagement platform.
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2011 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Nextdoor
| 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 |
Nextdoor Comparisons
Competitors of Nextdoor
Nextdoor 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 Poshmark, Nebenan, Hopplr, NearGroup and Hayi, 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 |
Used multi-category products are traded via an app-based social marketplace.
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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 |
Neighborhood connections, discussions, and local services are enabled by Hopplr.
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| domain | founded_year | HQ Location |
Hyperlocal social networking and proximity-based dating app is provided.
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| domain | founded_year | HQ Location |
Online social platform for connecting neighbors
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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 Nextdoor
Frequently Asked Questions about Nextdoor
When was Nextdoor founded?
Nextdoor was founded in 2011.
Where is Nextdoor located?
Nextdoor is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is Nextdoor a funded company?
Nextdoor is a funded company, having raised a total of $455.2M across 8 funding rounds to date. The company's 1st funding round was a Series D of $110M, raised on Jan 06, 2010.
How many employees does Nextdoor have?
As of Dec 31, 2024, the latest employee count at Nextdoor is 546.
What is the annual revenue of Nextdoor?
Annual revenue of Nextdoor is $247.28M as on Dec 31, 2024.
What does Nextdoor do?
Nextdoor was founded in 2011 in San Francisco, United States, as a platform in the social networking sector with e-commerce elements focused on local communities. Users are enabled to register by address, connect with neighbors, share recommendations, access local news, and welcome newcomers. Integration with local government agencies is supported for distributing alerts on utilities, emergencies, and preparedness. The service is accessible on Android and iOS devices.
Who are the top competitors of Nextdoor?
Is Nextdoor publicly traded?
Yes, Nextdoor is publicly traded on NYSE under the ticker symbol NXDR.
How many acquisitions has Nextdoor made?
Nextdoor has made 1 acquisition, including Neighborland.
Who are Nextdoor's investors?
Nextdoor has 24 investors. Key investors include Kleiner Perkins, Allen & Company, Pinnacle Ventures, Riverwood Capital, and Benchmark.
What is Nextdoor's ticker symbol?
The ticker symbol of Nextdoor is NXDR on NYSE.
What is Nextdoor's valuation?
The valuation of Nextdoor is $1.11B as of Mar 2015.
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