Near revenue is $50 million
Near team size is 165 employees
Near
1-Raffles Place Singapore, Central Region, Singapore
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.
2012
Founded
$50M
2022 Revenue
YOY
$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
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 DATE | ROUND | AMOUNT | VALUATION |
|---|---|---|---|
| 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
| DISTRIBUTION | QTY |
|---|---|
| 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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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
Churn
Near has an annual churn rate of 0.00%.
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
| Name | Position |
|---|---|
| Yash Patel | Board Observer |
| Mark Sherman | Board Member |
Near Executives
| Name | Position |
|---|---|
| Anil Mathews | FounderChief Executive Officer |
| Shobhit Shukla | Co-FounderChief Revenue Officer |
| Rahul Agarwal | Chief Financial Officer |
| Justin Joseph | Chief People Officer |
Near Employees
| Name | Position |
|---|---|
| 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