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Near revenue is $50 million

Near team size is 165 employees


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Near

1-Raffles Place Singapore, Central Region, Singapore

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How Near hit $50M Revenue with 5K customers in 2022.

Near is the world's largest source of intelligence on people and places, processing data from over 1.6 billion monthly users across 44 countries. The Near Platform powers data-driven marketing and enrichment offerings through a suite of SaaS products. The users of the platform can leverage audience, spatial, retail, among other data in a privacy-led environment. Founded in 2012, Near is headquartered in Singapore with offices in San Francisco, New York, London, Bangalore, Tokyo and Sydney. Today, marquee brands such as News Corp, MetLife, The We Company and Mastercard work with Near to provide enhanced customer experiences. Near is backed by leading investors including Sequoia Capital, JP Morgan Private Equity Group, Cisco Investments and Telstra Ventures. Visit www.near.co to find out more.

Founded

2012

Founded

Revenue

$50M

2022 Revenue

YOY
-----

YOY

Funding

$134M

Funding


Near Revenue

In 2022, Near revenue run rate hit $50M in revenue.

  • 2020

    Near hit $50M in revenue in 2020

  • 2012

    Near launched in 2012 with $0 revenue

$50M

Near Funding History

Why are so many SaaS founders taking money from Founderpath.com instead of VC`s?

  • 2019

    Near raised a of $100M

  • 2017

    Near raised a of $8.5M

  • 2014

    Near raised a of $19M

  • 2012

    Near raised a of $6.5M

FUNDING DATEROUNDAMOUNTVALUATION
07/16/2019 $100M
06/09/2017 $8.5M
10/15/2014 $19M
11/28/2012 $6.5M

Team

Near has 165 total employees and 10 sales reps that carry a quota. They have 5000 customers an engineering team of 29 and a marketing team of 8

20182019202034▲11▲
DISTRIBUTIONQTY
Total team size
165
Engineer
29(18%)
Sales
10(6%)
Marketing
8(5%)

CEO/Founder

Anil Mathews

My experience has taught me one thing well how to take an opportunity through what is for many the hardest step from idea to company.

Q&A

What`s your age?

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Favorite online tool?

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Favorite book?

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Favorite CEO?

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Advice for 20 year old self

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Customers

Near has 5K customers.

Lifetime Months

-

x

Monthly ARPU

$833

=

Lifetime Dollar

-

Acquisition Cost

-

Average Annual Price

$10K

$0$10K024681012
$0$10K024681012

Churn

Near has an annual churn rate of 0.00%.

-100-500%50100

Gross Annual Dollar Churn

-0.00%

Annual Dollar Expansion

0.00%

Net Revenue Retention

0.00%


About Near

Monthly Revenue

$4.2M

-

Total Expenses

$0.0

=

Net Income

$0.0

EBIDTA Margin

0.0%

+

YOY Growth

0.0%

=

Rule of 40

0


Near Board of Directors

NamePosition
Yash PatelBoard Observer
Mark ShermanBoard Member

Near Executives

NamePosition
Anil Mathews FounderChief Executive Officer
Shobhit Shukla Co-FounderChief Revenue Officer
Rahul Agarwal Chief Financial Officer
Justin Joseph Chief People Officer

Near Employees

NamePosition
Anil Mathews FounderChief Executive Officer
Chaim Tessler Investor
Shobhit Shukla Co-FounderChief Revenue Officer
Rahul Agarwal Chief Financial Officer
Justin Joseph Chief People Officer
Giorgio San Campo GM North America at Near
Ken Parnham GM
Yash Patel Board Observer
Smita Kaushik Entrepreneur In Residence
Devendra Gadwar General
Takashi K Investor
Richa Bindal Entrepreneur In Residence
Mark Sherman Board Member

Frequently Asked Questions about Near

When was Near founded?

Near was founded in 2012.

How much revenue does Near generate?

Near generates $50M in revenue.

Who is the CEO of Near?

The CEO of Near is Anil Mathews.

How much funding does Near have?

Near was raised $134M.

How many employees does Near have?

Near has raised 165 employees.

Where is Near headquarters?

Near headquater is at Singapore