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getnexar.com

Founded Year

2015

Stage

Series D | Alive

Total Raised

$149.5M

Last Raised

$53M | 6 mos ago

About Nexar

Nexar uses smartphones to create an AI-backed vehicle-to-vehicle network that works to predict and prevent accidents. Per the company, computer vision software aims to alert drivers to help them avoid accidents or receive updates on traffic problems like blocked lanes ahead. The company partners with third-party dashboard-camera makers and then uses deep learning which is run, per the company, on people's smartphones that are connected to their car cameras-to recognize objects in the road. The company also aims to allow users to link their Nexar accounts to their insurance providers to speed up the claims process, i.e, sending a video of an accident, along with information like the time, date, and location of the collision.

Nexar Headquarter Location

HaRakevet St. 58

Tel Aviv, 6777021,

Israel

ESPs containing Nexar

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTHMARKET STRENGTHLEADERHIGHFLIEROUTPERFORMERCHALLENGER
Fintech / Insurtech

Automobile telematics vendors provide turnkey technology solutions that allow insurers to monitor driving activity via IoT devices, mobile phones, and/or embedded car sensors. This technology enables insurers to implement pay-as-you-drive or pay-how-you-drive auto insurance programs.

Nexar named as Highflier among 9 other companies, including Cambridge Mobile Telematics, Octo Telematics, and RoadZEN.

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Research containing Nexar

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Nexar in 4 CB Insights research briefs, most recently on May 19, 2022.

Expert Collections containing Nexar

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Nexar is included in 5 Expert Collections, including Auto & Mobility Tech.

A

Auto & Mobility Tech

1,419 items

Startups building a next-generation mobility ecosystem, using technology to improve connectivity, safety, convenience, and efficiency in vehicles.Includes technologies such as ADAS and autonomous driving, connected vehicles, fleet telematics, V2V/V2X, and vehicle cybersecurity.

S

Smart Cities

1,891 items

A

AI 100

100 items

I

Insurtech

1,925 items

Companies and startups that use of technology to improve core and ancillary insurance operations. Companies in this collection are creating new product architectures, improving underwriting models, accelerating claims and creating a better customer experience

A

Artificial Intelligence

8,717 items

This collection includes startups selling AI SaaS, using AI algorithms to develop their core products, and those developing hardware to support AI workloads.

Nexar Patents

Nexar has filed 5 patents.

The 3 most popular patent topics include:

  • Cloud storage
  • Cooling technology
  • Fans
patents chart

Application Date

Grant Date

Title

Related Topics

Status

6/24/2019

10/13/2020

Portable computers, Cooling technology, Fans, Sensors, Home appliances

Grant

Application Date

6/24/2019

Grant Date

10/13/2020

Title

Related Topics

Portable computers, Cooling technology, Fans, Sensors, Home appliances

Status

Grant

Latest Nexar News

Nexar Adds Industry Demand Index to Electronic Design to Delivery Index (EDDI) Report

Apr 27, 2022

Free report gives the most complete and actionable view of the electronic component industry Download The EDDI is the only free industry report that provides comprehensive business intelligence on market conditions that can be leveraged by all stakeholders in the electronic component space. (Graphic: Altium LLC) The EDDI is the only free industry report that provides comprehensive business intelligence on market conditions that can be leveraged by all stakeholders in the electronic component space. (Graphic: Altium LLC) April 27, 2022 10:30 AM Eastern Daylight Time SAN DIEGO--( BUSINESS WIRE )--Nexar, a business unit of Altium LLC, (ASX:ALU), has announced today the addition of the Industry Demand Index to the Spectra Electronic Design to Delivery Index (EDDI) report. Published monthly as a free subscription, EDDI gives in-depth analysis and actionable data intelligence into what is happening in the electronics component industry by comparing current insights with information sourced from more than two years of component history of tens of millions of parts. Spectra is Nexar’s suite of electronic industry data intelligence offerings and products that helps businesses better anticipate supply chain challenges and opportunities. Spectra’s inaugural EDDI report, released in February 2022, offered the Industry Supply Index, which provides insights into the supply chain industry. With the addition of the Industry Demand Index to the latest EDDI, the data provides a clear look into component interest and how that will affect supply trends. These combined signals give a clear picture of the current supply and demand landscape that businesses can use to make smarter component selection decisions. “The Altium ecosystem meets at the intersection of the design, supply chain and manufacturing domains. Our unique industry viewpoint positions our Nexar business unit to provide actionable insights on electronic component trends,” says Daniel Schoenfelder, Head of Nexar Sales and Octopart. “We are proud that EDDI is now the best free source of supply and demand business intelligence for stakeholders across the electronic component industry.” A recent global survey conducted by IPC found that electronics manufacturers continue to be impacted by global shortages in semiconductors and other components and parts, which is contributing to production delays and uncertainty in the industry. As a result of the uncertainties, stakeholders need business intelligence to make better decisions across the design, supply chain, and manufacturing spectrum. Businesses can utilize EDDI in their engineering and business workflows to navigate issues they encounter with their bill of materials (BOM). The EDDI is the only free industry report that provides comprehensive business intelligence on market conditions that can be leveraged by all stakeholders in the electronic component space. Spectra’s business intelligence offerings will continue to provide unparalleled transformational insights to the electronics industry. The latest EDDI containing both supply and demand indices is now available on nexar.com/spectra/eddi , with new reports released each month. Subscribing to the EDDI guarantees to receive the most accurate supply chain insights sent directly to your inbox on a monthly basis. To learn more about Spectra’s suite of data intelligence products or to get access to the latest EDDI, visit nexar.com/spectra . About Nexar Nexar is a Business Unit of Altium, LLC ( ASX:ALU ). Altium, LLC, is a global software company headquartered in San Diego, California, who are accelerating the pace of innovation through electronics. For over 30 years, Altium has been delivering software that maximizes the productivity of PCB designers and electrical engineers. From individual inventors to multinational corporations, more PCB designers and engineers choose Altium software to design and realize electronics-based products. Contacts

Nexar Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
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Nexar Rank

  • When was Nexar founded?

    Nexar was founded in 2015.

  • Where is Nexar's headquarters?

    Nexar's headquarters is located at HaRakevet St. 58, Tel Aviv.

  • What is Nexar's latest funding round?

    Nexar's latest funding round is Series D.

  • How much did Nexar raise?

    Nexar raised a total of $149.5M.

  • Who are Nexar's competitors?

    Competitors of Nexar include Mobileye and 3 more.

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