About NextWorth
NextWorth is a company based in Billerica (United States) founded in 2005 by David Chen. It operates as a B2C. NextWorth operates in a competitive market with competitors including Back Market, Gone, Fobo, Flipswap and eCommsell, among others.
- Headquarter Billerica, United States
- Founders David Chen
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Sectors
Retail
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$1.02 M (USD), Debt – Conventional
Apr 26, 2017
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Investors
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Employee Count
Employee Count
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Funding Insights of NextWorth
- Total Funding Total Funding
- Total Rounds 1
- Last Round Debt – Conventional — $1.0M
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First Round
First Round
(26 Apr 2017)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2017 | Amount | Debt – Conventional - NextWorth | Valuation |
investors |
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| 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 |
Investments & Acquisitions by NextWorth
| 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 - NextWorth
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Nextworth Comparisons
Competitors of NextWorth
NextWorth 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 Back Market, Gone, Fobo, Flipswap and eCommsell, 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 |
Refurbished electronic products are traded via an online marketplace.
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| domain | founded_year | HQ Location |
Online platform for selling unwanted items and finding best prices via app.
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| domain | founded_year | HQ Location |
Online platform for buying back electronic products from consumers.
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| domain | founded_year | HQ Location |
National governing body for ice skating, promoting and developing the sport
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| domain | founded_year | HQ Location |
Online retailer of refurbished smartphones, tablets, and accessories with warranties.
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| domain | founded_year | HQ Location |
Buyback plan provider of pre-owned consumer electronics to retailers
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Frequently Asked Questions about NextWorth
When was NextWorth founded?
NextWorth was founded in 2005 and raised its 1st funding round 12 years after it was founded.
Where is NextWorth located?
NextWorth is headquartered in Billerica, United States. It is registered at Billerica, Massachusetts, United States.
Who is the current CEO of NextWorth?
David Chen is the current CEO of NextWorth. They have also founded this company.
What does NextWorth do?
NextWorth operates with a B2C model, focusing on engaging in retail operations, second-hand goods, electronics recycling, and buy-back services. Operates an online platform for buying back used electronic products. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
Who are the top competitors of NextWorth?
NextWorth's top competitors include Back Market, Upgraded Technologies and Flipswap.