Nearside Overview
- Founded
- 2018
- Status
- Private
- Employees
- 70
- Latest Deal Type
- Series B
- Latest Deal Amount
- $57.6M
- Investors
- 17
Nearside General Information
Description
Provider of credit financing intended to offer a line of credit to small businesses. 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.
Contact Information
Website
www.nearside.com
Formerly Known As
Sakura Credit, Sakura Research Corporation, Hatch
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Other Financial Services
Primary Office
- Post Office Box 7775
- Postal Mail Box 68032
- San Francisco, CA 94120-7775
- United States
+1 (888) 000-0000
Nearside Timeline
Nearside Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 2. Early Stage VC (Series B) | 06-Dec-2021 | $57.6M | 000.00 | 00000 | Completed | Generating Revenue |
| 1. Early Stage VC (Series A) | 12-Mar-2020 | 000.00 | 000.00 | 000.00 | Completed | Generating Revenue |
Nearside Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series B | 0,000,000 | 00.000000 | 000.00 | 000.00 | 00 | 000.00 | 00.000 | |
| Series A-5 | 000,000 | 00.000000 | 00.00 | 00.00 | 00 | 00.00 | 0.000 | |
| Series A-4 | 0,000,000 | 00.000000 | 00.00 | 00.00 | 00 | 00.00 | 00.000 | |
| Series A-3 | 000,000 | 00.000000 | 00.00 | 00.00 | 00 | 00.00 | 0.000 | |
| Series A-2 | 36,451 | $0.000010 | $2.74 | $2.74 | 1x | $2.74 | 0.22% | |
| Series A-1 | 3,328,184 | $0.000010 | $3.05 | $3.05 | 1x | $3.05 | 20.44% |
Nearside Executive Team (3)
Nearside Board Members (3)
| Name | Representing | Role | Since |
|---|---|---|---|
| Brian Thorne | Self | Board Member | 000 0000 |
| Frank Lin | Self | Board Member | 000 0000 |
| Thomson Nguyen | Nearside | Founder, Chief Executive Officer & Board Member | 000 0000 |
Nearside Signals
Growth Rate
0.80%
Weekly
Growth
Growth
Weekly Growth
0.80%, 93rd %ile
-35.5%.
530%
Size Multiple
219x
Median
Size Multiple
219x, 100th %ile
0.00x
0.95x.
413Kx
Key Data Points
Twitter Followers
5.5k
Similarweb Unique Visitors
15.0K
Majestic Referring Domains
314
PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach.
Request a free trialNearside Investors (17)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|---|---|---|---|---|
| Breyer Capital | Venture Capital | Minority | 000 0000 | 000000 0 | |
| Jim Breyer | Angel (individual) | Minority | 000 0000 | 000000 0 | |
| Kevin Hartz | Angel (individual) | Minority | 000 0000 | 000000 0 | |
| Michael Ovitz | Angel (individual) | Minority | 000 0000 | 000000 0 | |
| Ryan Petersen | Angel (individual) | Minority | 000 0000 | 000000 0 |