Near logo
Founded 2012

Near

2020 Revenue

$50.0M

YOY

Funding

$134.0M

How Near hit $50.0M in Revenue with 5K Customers in 2020.

About Near

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.

Monthly Revenue

$4.2M

Total Expenses

$4.2M

=
Net Income

-$1.0

Ebidta Margin

0.00%

+
YOY Growth

=
Rule of 40

0


Headquarters

1 Raffles Place SingaporeCentral RegionSingapore
Website

near.co

$Funding$Revenue

Near Revenue

In 2020, Near revenue run rate hit $50.0M in revenue.

$50.0M

Near Valuation and Funding History

Near has raised a total of $134.0M.

Why are so many SaaS founders taking money from Founderpath.com instead of VC's?
Funding DateRoundAmountTotalValuation
07/16/2019$100.0M
06/09/2017$8.5M
10/15/2014$19.0M
11/28/2012$6.5M

Customers

Near has 5K customers.

Lifetime Months

×
Monthly ARPU

$833.0

=
Lifetime Dollars


Acquisition Cost

Average Annual Price

$10.0K

$0$10.0K024681012

Churn

Near has an annual churn rate of 0.00%

Churn vs Expansion

-100-500%50100
Gross Annual Dollar Churn

-0.00%

Annual Dollar Expansion

0.00%

Net Revenue Retention

0.00%

Team

Employees

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

20182019202034.00%▲11.00%▲
DistributionQty

Total Team Size

165

Engineers

29 (18%)

Sales

10 (6%)

Marketing

8 (5%)

CEO/Founder

Anil Mathews

Anil Mathews is the Founder and CEO of Near. With a technology-centric approach, Anil built Near into the world's largest source of intelligence on people and places. Anil is a visionary, who continues to steer the fast-growing global business to its next phase.


CEO Q&A

What's your age?

-

Favorite online tool?

-

Favorite book?

-

Favorite CEO?

-

Advice for 20 year old self

-


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Near Board of Directors

NamePosition
Mark ShermanBoard Member
Yash PatelBoard Observer

Near Executives

NamePosition
Rahul AgarwalChief Financial Officer
Justin JosephChief People Officer
Shobhit ShuklaCo-Founder, Chief Revenue Officer
Anil MathewsFounder, Chief Executive Officer

Near Employees

NamePosition
Smita KaushikEntrepreneur In Residence
Richa BindalEntrepreneur In Residence
Ken ParnhamGM
Giorgio San CampoGM North America at Near
Devendra GadwarGeneral
Chaim TesslerInvestor
Takashi KInvestor

Frequently Asked Questions about Near

When was Near founded?

Near was founded in 2012.


Who is the CEO of Near?

The CEO of Near is Anil Mathews


How many employees does Near have?

Near has 165 employees.

How much revenue does Near generate?

Near generates $50.0M in revenue.


How much funding does Near have?

Near has raised $134.0M.


Where is Near headquarters?

Near is headquartered at 1 Raffles Place SingaporeCentral RegionSingapore

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