Nearside

About

Nearside provides financial and software services for SMBs.

San Francisco,California,United States
11 - 50
https://www.nearside.com/

Highlights

Details

Last Funding Type: Series B
Last Funding Money Raised: $58M
Industries: Financial Services,Information Technology
Founded date: Jan 1, 2019
Number Of Employee: 11 - 50
Operating Status: Active
Legal Name: Nearside Business Corp.

Nearside provides financial and software services for SMBs. The company offers lines of credit to small business owners who may not be able to get credit from more traditional sources and empowers business owners with the tools and support they need to achieve success, enabling clients to access credit.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

4

$73M

Nearside has raised a total of $73M in funding over 2 rounds. Their latest funding was raised on Dec 6, 2021 from a Series B round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Dec 6, 2021	Series B	$58M	7	Valar Ventures	—	Detail
Feb 1, 2020	Series A	$10M	3	—	—	Detail
Jan 1, 2019	Seed	$5M	20	—	—	Detail
Jun 12, 2018	Seed	—	1	—	—	Detail

Investors

Number of Lead Investors

Number of Investors

1

29

Nearside is funded by 29 investors. Valar Ventures and Foundation Capital are the most recent investors.

Investor Name	Lead Investor	Funding Round
Valar Ventures	Yes	Series B
Foundation Capital	—	Series B
Jim Breyer	—	Series B
Kevin Hartz	—	Series B
Kleiner Perkins	—	Series B
Michael Ovitz	—	Series B
Ryan Petersen	—	Series B
Silicon Valley Bank	—	Series A
William Hockey	—	Series A
Abstract Ventures	—	Seed