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Nextdoor

Nextdoor

Nextdoor is a company providing a private communications platform for neighborhoods.It was founded in 2011 and is located in San Francisco, California.

Nextdoor is a San Francisco-based artificial intelligence company that has created an online platform where individuals can communicate with people from their own neighborhood about local events, inquiring about services such as babysitting, or spreading news about emergencies. It is available in the United States, the United Kingdom, France, Italy, Spain, Australia, and more countries.

Product

Users can sign up for Nextdoor via web browser or mobile application. In order to confirm that they actually live in the neighborhood, they must submit proof, such as a bill or verification code that can be mailed to their address. Once on the platform, users only have access to topics relevant to their own neighborhood. Users are identified by their names and addresses so that others in the neighborhood can know who they are. Nextdoor has created guidelines for conduct on the platform and those are available on the website or through the app.

Funding
Series A

On July 24, 2012 Nextdoor announced raising $18.6 million in series A funding from Benchmark (lead investor), Slow Ventures, Shasta Ventures, SV Angel, Pinnacle Ventures, Greylock Partners, and Allen & Company LLC.

Series B

On February 12, 2013 Nextdoor announced raising $21.6 million in series B funding from Shasta Ventures (lead investor), Pinnacle Ventures, Greylock Partners, GV, DAG Ventures, Bezos Expeditions, Benchmark, and Allen & Company LLC. Nextdoor also announced David Sze from Greylock Partners will be joining the company's board of directors at the time of their series B funding round.

Series C

On October 29, 2013 Nextdoor announced raising $60 million in series C funding from Tiger Global Management (lead investor), Kleiner Perkins (lead investor), Slow Ventures, Shasta Ventures, Kleiner perkins, Greylock Partners, Comcast Ventures, and Benchmark. At the time of raising their series C funding Nextdoor had a pre-money valuation of $540 million.

Series D

On March 3, 2014 nextdoor announced raising $110 million in series D funding from Redpoint (lead investor), Insight Partners (lead investor), Valor Capital Group, Tiger Global Management, The Perkins Fund, Slow Ventures, Shasta Ventures, Meritech Capital Partners, Kleiner Perkins, Insight Partners, and Greylock Partners. At the time of announcing their series D funding round Nextdoor had a pre-money valuation of $1.11 billion.

Series E

On December 11, 2017 Nextdoor announced raising $75 million in series E funding from undisclosed investors. At the time of announcing their series E funding round Nextdoor had a pre-money valuation of $1.4 billion.

Series F

Nextdoor announced in May 2019 that it has raised a $123 million Series F led by Riverwood Capital. Existing investors Benchmark, Tiger Global Management and Kleiner Perkins also participated in the round. The financing brought Nextdoor's total raised to $408.2 million.

Acquisitions
Neighborland

On April 1, 2020 Nextdoor announced acquiring Neighborland, a company making public engagement software, for an undisclosed amount of money. A spokes woman for Nextdoor, Edie Campbell-Urban, made the following statement about the company's acquisition of Neighborland:

Nextdoor and Neighborland share a passion of empowering people to build strong communities and shape the development of their neighborhoods, and together will deliver even more tools to our public agency partners,” she wrote. “Dan Parham … brings extensive experience working directly with local, state and federal agencies. Dan is now head of public agencies at Nextdoor and leading the charge in working with all of our agency partners.

Competitors

Timeline

May 14, 2019
$123 million Series F

The round was led by Riverwood Capital.

October 29, 2013
Nextdoor raises a $60,000,000 series C round from Comcast Ventures, Greylock Partners, Kleiner Perkins Caufield & Byers, Shasta Ventures and Tiger Global Management.
February 12, 2013
Nextdoor raises a $21,600,000 series B round from Allen & Company LLC, Bezos Expeditions, DAG Ventures, Greylock Partners, Pinnacle Ventures and Shasta Ventures.
July 24, 2012
Nextdoor raises a $18,600,000 series A round from Allen & Company LLC, Greylock Partners, Pinnacle Ventures, SV Angel and Shasta Ventures.

Funding rounds

People

Name
Role
LinkedIn

Abhijeet Kumar

Employee

Adam Ginsburg

Co-Founder

Adrian Fine

Employee

Alex Garcia

Employee

Alex Wise

Employee

Alex Zhai

Employee

Ashley Witty

Employee

Ashton Kutcher

Investor

Avinash Kunaparaju

Employee

Benjamin Morillon

Employee

Bobak Esfandiari

Employee

Brian Backus

Employee

Brian van Veen

Employee

Canzhi Ye

Employee

Chris Hollod

Investor

Colin King

Employee

Dan Masquelier

Employee

Dave Goldberg

Investor

Dave Morin

Investor

David Wiesen

Co-Founder

Dung Pham

Employee

Eric Goldman

Investor

Gordon Strause

Employee

Henry V. Bao

Employee

Jared Eskenazi

Employee

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Further reading

Title
Author
Link
Type
Date

Nextdoor launches in Canada, promising a more intimate, neighbourly social network

James McLeod

News

September 23, 2019

Documentaries, videos and podcasts

Title
Date
Link

Introducing Nextdoor

October 24, 2011

Companies

Company
CEO
Location
Products/Services

News

Title
Author
Date
Publisher
Description
June 18, 2021
The Indian Express
When Facebook began testing its new "Neighborhoods" feature in Canada last October amid the COVID-19 pandemic, the tech giant described it as a dedicated place for people to connect with their local communities.
Rebecca Heilweil
June 16, 2021
Vox
Nextdoor's approach to content moderation doesn't always work.
Amanda Silberling
June 3, 2021
TechCrunch
Nextdoor, the app that helps neighbors connect, launched a new feature called Free Finds today, which will help people browse the free items available in their neighborhoods. Since the start of 2020, monthly listings to buy, sell, and give away items on Nextdoor have increased by 80%, but 25% of these listings advertised free stuff. [...]
Nextdoor, Inc.
May 12, 2021
www.prnewswire.com:443
/PRNewswire/ -- Today, Nextdoor released the fifth installment of their neighborhood insights series: The changing consumption patterns of U.S. neighbors. As...
Lisa Boone
April 29, 2021
Los Angeles Times
How a simple query on Buy Nothing, TikTok and Nextdoor fueled a DIY greenhouse during COVID-19 -- and turned strangers across L.A. into friends.
Paula Beaton
April 23, 2021
Digital Trends
Download the Citizen app to stay safe and aware, with instant access to verified 911 information. We take a look at how it works and some of its best features.
Mitchell Clark
April 19, 2021
The Verge
The app will detect if a user is posting something that could be racist and will ask them if they want to edit their post before it's publicly available. Users will be able to bypass the notification if they want.
Christine Heckart
April 13, 2021
CIO
Developing new services in record time required shifting project roadmaps, brainstorming new ideas, and making tough decisions about what to stop doing.
Maddy Simpson
February 20, 2021
Business Insider
From specialties in apps to Java to search functions, there are many opportunities for software engineers in the Bay Area.
Rebecca Leber
February 17, 2021
Grist
And why they're scared we might break up with their favorite appliance.
Emma Witman
January 29, 2021
Business Insider
You can log into Nextdoor with your email, Facebook, Apple, or Google account, either through the app or Nextdoor's website.
Emma Witman
January 27, 2021
Business Insider
You can join Nextdoor by creating an account on its website or app with your email or by linking a Facebook, Apple, or Google account.
Makena Kelly
January 13, 2021
The Verge
Nextdoor moderators have struggled with the challenge of addressing QAnon content on its neighborhood sites for months, but after last week's deadly attack on the Capitol, the pressure between moderators and the company's policy team may have reached a breaking point.
Nextdoor, Inc.
December 2, 2020
www.prnewswire.com:443
/PRNewswire/ -- Nextdoor, in conjunction with Brigham Young University in the United States, University of Manchester in the United Kingdom, and Swinburne...
Chrissy Montelli
December 2, 2020
Business Insider
You can post to Nextdoor on the desktop site or while using the mobile app once you've created an account and verified your neighborhood.
Kari Paul in Oakland
November 26, 2020
the Guardian
Illustration: Kike Congrains/The Guardian
Johana Bhuiyan
June 3, 2020
Los Angeles Times
Protesters demanding justice for George Floyd have poured onto the streets of cities across the country in the days since Floyd was killed by Minneapolis police -- a death medical examiners have now ruled a homicide.
Sam Dean
November 2, 2020
Los Angeles Times
Weeks of playing whack-a-mole with rumors and lies about voting have shaken trust in Facebook, Twitter and other platforms. Their biggest test yet will come late on election day.
Anthony Ha
July 16, 2020
TechCrunch
Nextdoor is launching a new feature called Sell for Good, allowing uses to sell items on the neighborhood-focused social network and donate the proceeds to local nonprofits. CEO Sarah Friar said that since the pandemic started, conversations about donations have increased 7x on Nextdoor . "Communities are hurting," Friar said. "People are looking to go [...]
Makena Kelly
June 8, 2020
The Verge
The neighborhood social networking app Nextdoor is caving under the pressure of the Black Lives Matter movement. Pro-movement posts are being taken down while racist ones are left to stand.
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References

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