Nexar
Category: Computer Vision
Transforms cars into AI-powered vision sensors to enhance road safety, provide real-time mapping data, and fuel intelligent mobility solutions. Nexar was founded in 2015. The company is led by Zach Greenberger. Based in New York, USA, with a global operational presence. Team size: 130. Total funding raised: Approximately $150M. Latest round: $53M Series D. Key investors include Aleph, Qumra Capital, State Farm Ventures, Catalyst Investments, Banca Generali, Valor, Ibex Ventures.
- Founded
- 2015
- Headquarters
- New York, USA, with a global operational presence
- Team size
- 130
- Total funding
- Approximately $150M
Value proposition
Delivers real-time, crowd-sourced mapping and video data to improve road safety and operational efficiency through advanced edge AI.
Products and solutions
AI-powered dash cams, Real-time video data services, Dynamic mapping solutions
Unique value
Leverages a vast network of crowd-sourced dash cam data combined with advanced edge AI to continuously update maps in real time.
Target customer
Automotive and mobility industries, including autonomous vehicle companies, insurers, fleets, and municipal partners
Industries served
Autonomous vehicles, Public safety, Mobility, Insurance, Mapping
Technology advantage
Uses sensor fusion, edge AI, and crowdsourcing to rapidly process and update large-scale road data more efficiently than traditional mapping methods.
How they differentiate
Differentiates itself by combining crowd-sourced, real-time data from connected devices with cutting-edge edge AI, which enables dynamic and continuously updated mapping.
Main competitors
Waymo, HERE Technologies, Argo AI, Mobileye, Nauto
Key partnerships
Waymo, Japan Post
Notable customers
Waymo, Insurance companies, Municipal partners, Automotive industry players
Major milestones
Appointment of Zach Greenberger as CEO and leadership realignment Expansion of its massive crowd-sourced video data repository Successful completion of multiple funding rounds, including a notable $53M Series D
Growth metrics
Over 59 million videos, 5 trillion images, 40 million daily map updates, and 200 million monthly miles driven
Market positioning
Established leader in AI-powered road safety and vision-based data services with one of the world's largest crowd-sourced data repositories
Geographic focus
Global, with a strong focus in the U.S. and expanding presence in other regions
About Zach Greenberger
Zach Greenberger became CEO of Nexar in September 2024, bringing a wealth of experience from his previous role as Chief Business Officer at Lyft. His background includes leadership positions in corporate and business development at Mediaocean and Bloomberg LP, as well as legal experience at Davis Polk & Wardwell LLP. He has a strong track record in strategy, M&A, and scaling businesses.
Official website: https://www.getnexar.com