U

Nexar

Community-based AI Dashcam App
Startup D Founded 2015 Automotive & Mobility Technologies
Last Update Sep 28, 2025 · Claimed

Nexar News

40 articles
Oct 20, 2025 · www.prnewswire.com
growth-positive
/PRNewswire/ -- Nexar, a leader in AI-powered mobility solutions, today announced the launch of BADAS (Beyond ADAS), a foundation model that redefines how the...
Nexar, a leader in AI-powered mobility solutions, has launched BADAS (Beyond ADAS), a foundation model that leverages real-world driving data to enhance vehicle safety and autonomy. BADAS is trained on Nexars extensive dataset, which includes over 10 billion miles of driving data and 60 million annotated events. This model aims to improve incident prediction accuracy and behavioral foresight, outperforming traditional simulation-based models. BADAS is part of Nexars broader strategy to transform real-world driving signals into deployable AI, offering real-time safety solutions through APIs and SDKs. The launch positions Nexar as a foundational AI infrastructure provider for mobility, enabling partners to build and scale advanced driver-assistance systems and autonomous vehicle technologies.
Sep 11, 2025 · www.prnewswire.com
growth-positive
/PRNewswire/ -- Nexar, a leader in AI-powered mobility solutions, today announced it has been named a winner in SiliconANGLE's 2025 TechForward Awards in the...
Nexar, a leader in AI-powered mobility solutions, has been recognized as a winner in the SiliconANGLEs 2025 TechForward Awards in the Data Platform Tech - Real-Time & Streaming Analytics Category. This accolade highlights Nexars innovative approach to mobility intelligence, utilizing everyday vehicles as mobile sensors to provide real-time road data. The companys platform, which leverages AI to process vast amounts of visual data, aims to enhance navigation, optimize infrastructure, and support autonomous vehicle development. The award underscores Nexars commitment to advancing smart city and transportation safety technologies, positioning it as a key player in the mobility intelligence space.
Jun 12, 2025 · www.prnewswire.com
growth-positive
/PRNewswire/ -- Nexar, a leader in AI-powered mobility solutions, today announced a groundbreaking collaboration with Flywheel, the nation's leading e-hail...
Nexar, a leader in AI-powered mobility solutions, has announced a collaboration with Flywheel, a prominent e-hail platform for the taxi industry. This partnership will see Nexars advanced AI technology and connected dash cameras deployed across thousands of taxis in the U.S. The integration aims to enhance safety, reduce insurance costs, and improve the rider experience by providing real-time insights and telematics. Flywheels platform, which already supports app-based hailing and digital payments, will now offer advanced safety analytics and fleet intelligence. This collaboration is expected to make taxis safer and more competitive with rideshare fleets.
Partners
May 20, 2025 · www.prnewswire.com
growth-positive
/PRNewswire/ -- Nexar, a leader in AI-powered mobility solutions, today announced the appointment of Jayesh Patel as Chief Financial Officer. Patel will now...
Nexar, a leader in AI-powered mobility solutions, has appointed Jayesh Patel as Chief Financial Officer to oversee finance, accounting, strategic planning, and corporate development. This appointment follows significant strategic milestones, including partnerships with Waymo, NVIDIA, and Voyager Global Mobility, and the appointment of Zach Greenberger as CEO. Nexar is focused on rapid growth and strategic expansion, leveraging AI and computer vision to enhance its connected vehicle platform and vision-based data services. Patels extensive experience in finance and commercial leadership is expected to help Nexar scale and deliver lasting impact in the mobility ecosystem.
Management ChangesPartners
Mar 18, 2025 · www.prnewswire.com
/PRNewswire/ -- Nexar, a leader in AI-powered mobility solutions, today announced a collaboration with NVIDIA aimed at transforming the automotive landscape....
Mar 4, 2025 · www.prnewswire.com
growth-positive
/PRNewswire/ -- Nexar, a leader in AI-powered mobility solutions, today announced it has been selected by Voyager Global Mobility (VGM), North America's...
Nexar, a leader in AI-powered mobility solutions, has partnered with Voyager Global Mobility (VGM) to supply AI-powered dashcams for VGMs Drive Smart program. This collaboration aims to enhance driver safety, reduce liability, and streamline claims processing for rideshare drivers. The initial purchase includes 2,000 dashcams, with plans to expand to 12,000 units across VGMs global fleet. The partnership addresses safety risks and insurance challenges in the rideshare industry, providing drivers with real-time incident detection and video evidence to resolve disputes. VGMs investment in Nexars technology reflects a commitment to driver protection and innovation, setting a new standard for safety and transparency in the gig economy.
PartnersCustomers
Jan 29, 2025 · www.prnewswire.com
growth-positive
/PRNewswire/ -- Nexar, a leader in AI-powered mobility solutions, today announced a partnership initiative with Japan Post, a special private company under the...
Nexar, a leader in AI-powered mobility solutions, has announced a partnership with Japan Post to enhance road conditions and promote autonomous vehicles in Japan. The initiative will utilize Nexars dashcams in Japan Post Transport Co.s vehicles to monitor road construction and damage, providing insights for mapping solutions to accelerate autonomous vehicle deployment. This collaboration is part of Nexars broader strategy to partner with governmental organizations and industry leaders to leverage data for safer transportation networks. Recent collaborations include research with Waymo and plans with Lyft for data-driven AV technology solutions. Nexars platform uses vision-connected services to improve driving and road safety.
Partners
Jan 29, 2025 · www.prnewswire.com
growth-positive
/PRNewswire/ -- Nexar, a leader in AI-powered mobility solutions, today announced a partnership initiative with Japan Post, a special private company under the...
Nexar, a leader in AI-powered mobility solutions, has announced a partnership with Japan Post to enhance road conditions and promote autonomous vehicles in Japan. By utilizing images and location data from Nexars dashcams in Japan Post Transport Co.s vehicles, the initiative aims to monitor and improve highway road construction and damage. This partnership will help develop a system to maintain roads and accelerate autonomous vehicle deployment across Japan. Nexar has been operating in Japan for over four years and is a leader in mobility data utilization. The collaboration with Japan Post is part of Nexars broader strategy to partner with governmental organizations and industry leaders to leverage data for safer and more efficient transportation networks.
Partners
Nov 6, 2024 · www.calcalistech.com
growth-positive
The partnerships aim to establish a foothold in the autonomous vehicle market starting in Atlanta next year.
Mobileye, an Israeli company specializing in self-driving technology, has announced a strategic partnership with Lyft, one of North Americas largest transportation networks. This collaboration aims to facilitate the commercialization of autonomous vehicle services by leveraging Lyfts extensive network of 40 million annual riders. The partnership is part of a broader initiative by Lyft, which also includes collaborations with May Mobility and Nexar, to establish a strong presence in the emerging autonomous vehicle market, starting in Atlanta in 2025. The partnership is expected to enhance Mobileyes market reach and provide a sustainable business model for autonomous services. Additionally, the article mentions a recent management change at Lyft, with Zach Greenberger leaving to become CEO of Nexar.
Partners
Nov 6, 2024 · www.prnewswire.com
growth-positive
/PRNewswire/ -- Nexar, a leader in AI-powered mobility solutions, and Lyft (NASDAQ: LYFT), one of North America's largest transportation networks, today...
Nexar, a leader in AI-powered mobility solutions, has announced a partnership with Lyft, one of North Americas largest transportation networks. This collaboration aims to leverage Nexars extensive video telematics and Lyfts rideshare network to accelerate the development of autonomous vehicle (AV) technologies. By combining Nexars vast video data with Lyfts marketplace data, the partnership seeks to create comprehensive datasets for AV technology development, enhancing safety and scalability. The collaboration is seen as a significant step towards shaping the future of autonomous transportation and improving safety standards in the industry.
Partners
Sep 19, 2024 · www.prnewswire.com
growth-positive
/PRNewswire/ -- Nexar, a leading AI mobility company, announced today the appointments of Zach Greenberger as its new Chief Executive Officer and Luc Vincent...
Nexar, a leading AI mobility company, announced significant changes in its leadership team. Zach Greenberger has been appointed as the new Chief Executive Officer, and Luc Vincent as the new Chief R&D Officer, effective September 20, 2024. Greenberger, who previously held leadership roles at Lyft, IBM, and Tesla, is expected to guide Nexar through its next phase of growth. Vincent, known for his work on Google Street View and Lyfts autonomous driving division, will focus on steering Nexars R&D towards a data-driven future. These changes are aimed at leveraging Nexars extensive crowdsourced video data repository to meet evolving market needs.
Management Changes
Sep 4, 2023 · www.calcalistech.com
growth-negative
Nexar cuts 14% of team in third round of layoffs | CTech
AI computer vision company Nexar has laid off 17 employees, accounting for 14% of its workforce. This is the third round of layoffs in the past 10 months, reducing the headcount by over 30%. Nexar had raised a $53 million Series D funding round in November 2021. The company, founded in 2015, provides crowd-sourced visual data and uses AI to create an AI-digital twin of U.S. roads. The footage collected is used by cities, departments of transportation, automotive and insurance companies.
Layoffs
Aug 30, 2022 · www.prnewswire.com
growth-positive
Nexar Releases Driver Behavioral Maps to Humanize Robot Drivers
Nexar, an AI computer vision company, has released its Driver Behavioral Mapping data, which provides insight into different road segments, driver types, weather, and road conditions. The data collected from Nexars smart dash cams is used to train autonomous vehicles (AVs) to drive according to local driving culture and habits. The Driver Behavioral Map includes information on speed distribution, acceleration distribution, turn probability, switching lanes probability, and virtual crosswalks. AVs can use this data to drive more safely and comfortably. Nexars maps aim to make AVs indistinguishable from human-driven cars in terms of driving behavior. The companys smart dash cams capture driving data from over 160 million miles per month in the US. Nexars mission is to create a collision-free world by using AI and connected vehicles.
Customers
Aug 3, 2022 · www.prnewswire.com
growth-positive
Nexar to acquire Veniam to leverage vehicles as engines of data
Nexar has announced its acquisition of Veniam, a provider of intelligent networking for the internet of moving things. The acquisition will allow Nexar to combine its vision data with Veniams communications technology, enabling the development of rich mobility applications and real-time mapping. Nexar collects data from its dash cams to create a real-time digital twin of Americas roads and cities, which is used for various data applications. Veniams technology turns cars into internet access points, creating a mesh network for data and internet connectivity. The acquisition is a significant milestone for the Portuguese tech scene. João Barros, founder and CEO of Veniam, will serve as Chief Platform Officer at Nexar.
Partners
Jul 6, 2022 · www.themarker.com
growth-negative
"יש שני סוגי חברות - אלה שקיצצו ואלה שיקצצו": נקסאר פיטרה 9% מעובדיה
Nexar, a startup company that develops smart cameras for vehicles, recently laid off 12 members of its development team, which represents about 9% of the companys total workforce. The layoffs have a negative impact on the companys growth. The article discusses the reduction in the employee count and its implications for Nexar.
Layoffs
Apr 18, 2022 · www.calcalist.co.il
growth-positive
הסטארט-אפ הישראלי שמתחרה בגוגל במיפוי העולם
נקסאר, founded by ערן שיר in 2015, initially started as an app that turned smartphones into dashcams. However, after two years, the company pivoted to hardware and now produces dashcams used by hundreds of thousands of drivers. These dashcams collect data on billions of kilometers of road each year, allowing נקסאר to update its street image database more frequently than Google Street View. The company earns tens of millions of dollars from end users and entities such as cities, countries, and transportation authorities that purchase the collected data. Despite facing challenges such as supply chain crises and operating in the consumer electronics world, נקסאר aims to grow further.
CustomersExpand
Nov 17, 2021 · www.calcalistech.com
growth-positive
Nexar raises $53 million to create AI-digital twin of U.S. roads
AI computer vision company Nexar has completed a $53 million Series D funding round led by Qumra Capital. The company collects crowd-sourced visual data from hundreds of thousands of dash cams across the U.S. and globally, making it second only to Tesla in terms of the volume of image-data collected. Nexar uses the footage to create an AI-digital twin of U.S. roads, providing real-time updates on various elements. The funding round follows a period of rapid growth for Nexars Direct to Consumer camera business, making it the leading dash cam consumer brand in the U.S.
Investment
Aug 12, 2021 · www.prnewswire.com
growth-positive
Nexar partners with the Black Car Fund to protect New York rideshare drivers with thousands of cameras in cars
Nexar has announced a partnership with the Black Car Fund (BCF), New York States workers compensation provider for independent contractor black car operators, including rideshare drivers. The partnership will involve placing cameras in thousands of cars to protect their members in the case of an accident or assault. Nexars AI-powered dual-camera dash cams will detect collisions, notify BCF, and provide a detailed reenactment of the crash within minutes. This will allow BCF to process workers compensation claims more efficiently. The partnership aims to support drivers who may be unaware of their rights and benefits and provide them with proactive assistance. The use of video recordings from the dash cams can also help resolve competing claims and provide evidence in case of incidents. The partnership is expected to have a positive impact on Nexars growth.
Partners
Jul 21, 2021 · www.prnewswire.com
growth-positive
Nexar now 'sees' 130 million road miles per month to train autonomous vehicles for the most extreme driving situations
Nexar, a provider of crowd-sourced street-level visual data and maker of Nexar dash cams, has announced a 30% growth in monthly coverage, capturing 130 million miles of driving per month. The data collected by Nexar helps address the data scarcity issue faced by autonomous vehicle manufacturers in training their AI models. The companys scalable data ingestion technology allows it to provide usable data for AV training, including edge cases and detecting changes in the real world. Nexar aims to double its coverage within the next twelve months. The companys data is also used for change detection and creating detailed maps for AVs. Nexar offers a free subset of its data for AI training purposes.
CustomersExpand
Dec 17, 2020 · www.prnewswire.com
growth-positive
Nexar launches platform that allows auto manufacturers and tier 1 suppliers to make sense of the data being captured by on-board cameras
Nexar has launched a platform for automotive OEMs that uses AI to process raw images captured by in-car cameras and create insights. This data can be used for various connected vehicle services and driver apps. Nexar solves challenges related to data management, on-board device robustness, and driver privacy. The platform allows OEMs to tap into the data from cameras and provide better driving experiences. Nexar also offers a budget-friendly dash cam for drivers and uses the data for various insights. The article highlights the growth potential of the automotive camera market and the superior insights provided by cameras compared to other sensors.
CustomersPartners
Oct 2, 2020 · www.pcworld.com
growth-positive
Nexar Beam dash cam review: Affordable, with unlimited cloud uploads
The article discusses the Nexar Beam, a dash cam that leverages the users phone for GPS and other features. The company provides free, unlimited cloud uploads and offers excellent video quality. The article highlights the affordability and ease of use of the Nexar Beam. The impact on the company is growth-positive as the product is praised for its features and performance. The key theme of the article is the review and evaluation of the Nexar Beam dash cam. The key issues discussed in the article are related to customers, as the article mentions the affordability and features of the product. The article does not mention any specific customers or partners. The date of the event described in the article is not provided. The confidence level of the answer is 8.
Customers
May 21, 2020 · blog.getnexar.com
growth-positive
Nexar Blog COVID-19 Nexar Mobility Report
Nexar, a company that provides an intelligent, connected dash cam system, has observed changes in US driver activity as social distancing guidelines are relaxed. The companys AI-powered data analysis, combined with ground-level imagery, can provide real-time insights for analysts and governments to make informed decisions. Nexar has released its first-ever Nexar Mobility Report, which offers valuable information for understanding regional economic recovery. The article does not mention any specific partners, customers, valuation amount, acquisition amount, investment amount, layoffs, or the date of the event. The impact of the article on Nexar is growth-positive.
Customers
Apr 30, 2020 · en.globes.co.il
growth-positive
Israeli smart dashcam co Nexar raises $52m
Nexar, an Israeli smart dashcam company, has completed a $52 million Series C financing round led by Corner Ventures. The company has raised nearly $100 million to date. Nexar has experienced significant growth in the US, with its network of drivers using vision-powered dash cameras growing tenfold since late 2018. The company now covers over 90% of freeways and 50% of non-residential US roads every week. Nexar has launched a new data product called Nexar Virtual Camera to monitor the impact of COVID-19. The Series C funding will support the growth of data services and fuel the companys global expansion. Nexar has also announced a partnership with Mitsui Sumitomo Insurance to integrate its technology into hundreds of thousands of vehicles in Japan.
InvestmentPartnersExpand
Aug 8, 2019 · www.calcalistech.com
growth-positive
Nexar Wants to Eliminate Traffic Jams By Enhancing Vehicle Communication
Tel Aviv-based Nexar develops a free dashcam application that collects user-generated road data and connects to a vehicle-to-vehicle network across 160 countries. The company aims to eliminate traffic jams by enhancing vehicle communication. Nexar has raised over $60 million in funding and has sold over 50,000 road cameras. They document over 80 million kilometers per month.
CustomersInvestment
Aug 6, 2019 · www.israel21c.org
growth-positive
Car crash? Israeli startup has the footage for insurance
Nexar, an Israeli startup, offers software that works with dash-cams to detect and document accidents. The footage is continuously uploaded to the cloud and can be sent directly to insurance agents. Nexars app is used by drivers in 740 cities across 160 countries. The company has partnered with insurance companies and offers a monthly fee that includes unlimited cloud storage and a discount on premiums. Nexars vehicle-to-vehicle network can provide alerts on dangerous driving conditions and other valuable information. The company is also testing its platform with cities to improve traffic flow and obtain accurate information about road construction. Nexar is privacy-aware and blurs faces and license plate numbers in its imagery. The company has received a $30 million investment from Alibaba.
CustomersPartnersInvestment
Jul 17, 2019 · www.calcalistech.com
growth-positive
Auto Machine Vision Startup Nexar Launches Interactive Digital Map
Tel Aviv-based auto computer vision startup Nexar Ltd. has launched a live digital map that connects user-generated updates with data from car cameras and sensors. The map warns drivers of real-time road hazards, construction zones, and missing road signs. Nexars digital map is currently available in New York City and the company plans to expand its coverage across the U.S. The images and data on the map are anonymized to protect privacy. Nexar aims to compete with Googles street view and is proud to offer real-time exploration of the world. Since its founding in 2015, Nexar has raised over $44 million in funding.
CustomersExpand
Jul 29, 2018 · nocamels.com
growth-positive
Tel Aviv Firm Nexar Is Expanding Its Safe Driving Tech In US Cities
Tel Aviv-based startup Nexar is expanding its collision-prevention initiative in US cities, starting with Chicago, followed by San Francisco and Las Vegas. Nexar uses smartphones to create an AI-backed vehicle-to-vehicle network that predicts and prevents road accidents. The companys free app provides drivers with advanced driver-assistance systems (ADAS) to fuel its AI-powered safe driving network. Nexar has already recorded a 25% drop in collisions among users in New York City. The company plans to expand to other major cities in the US. Nexar raised $30 million in a Series B funding round in January.
CustomersExpand
Jun 14, 2018 · www.prurgent.com
growth-positive
Nexar Wins Insurtech Award for Automated Accident Reconstruction via Mobile Phone in Efma-Accenture's Innovation in Insurance Awards
Nexar, an AI-powered dashcam app and connected vehicle network, has won the Insurtech Award at the Innovation in Insurance Awards. Nexars technology enables comprehensive collision reconstruction reports in minutes, reducing opportunistic fraud and improving the claims process for insurance companies. The smartphone-based solution captures collision footage and data using AI and smartphone sensors, generating a complete reconstruction of the collision. This allows insurers to process claims accurately and efficiently, reducing fraud and operational costs. Nexars technology aims to bring speed, accuracy, and savings to the insurance industry. The companys CEO, Eran Shir, expressed excitement about the recognition and highlighted the goal of making roads smarter and safer.
CustomersPartners
Jan 24, 2018 · techcrunch.com
growth-positive
Nexar gets $30M Series B for its AI-based road safety dashcams and network
Nexar, an AI-based dashcam app startup, has raised $30 million in a Series B funding round led by Ibex Ventures. The companys app uses computer vision and sensor fusion to detect accidents and analyze road conditions, providing real-time alerts to other vehicles. Nexar also announced the appointment of a new CFO and CBO to support its global expansion. The company plans to use the funding to build its vehicle-to-vehicle network and sign partnerships with insurance companies, ride-sharing services, automakers, and municipalities. Nexars app is currently used by drivers in 740 cities across 160 countries, with its biggest markets being New York City, San Francisco, Tel Aviv, and Las Vegas. The addition of Alibaba as an investor may help Nexar expand into Chinese cities.
InvestmentManagement ChangesExpand
Dec 14, 2017 · officesnapshots.com
growth-positive
Office Tour: Nexar Offices - Tel Aviv
Echo Design was tasked with designing the new offices for Nexar in Tel Aviv, Israel. The design focused on creating a welcoming and aesthetically pleasing space that reflected the companys innovative and transparent culture. The office design included standard workspaces, conference rooms, lounges, a kitchen, and a central gathering space. The design process involved analyzing the existing space and creating an architectural flow that connected the different sections. The western section was designed to be more private and closed off, while the eastern section was open and inviting. The design concept was to create a space that felt like a home, combining elements of a living room and a street. The office design aimed to create a familial, joyful, and welcoming environment.
Expand
May 24, 2017 · www.prnewswire.com
growth-positive
Nevada Center for Advanced Mobility and Nexar Announce Partnership to Create First Statewide Vehicle-to-Vehicle Network in the Country
Nexar has announced a strategic partnership with the Nevada Center for Advanced Mobility (Nevada CAM) to create the first statewide vehicle-to-vehicle (V2V) network in the country. The partnership aims to enhance safety on Nevadas roads, spur economic development, and introduce innovative smart transportation systems. Nexars V2V network, which uses smartphone dashcams and cellular technology, has shown a 24% reduction in collisions. The partnership with Nevada will increase the number of users on the network and provide live mapping capabilities. The goals of the partnership include increasing safety, bringing new jobs and business activity to Nevada, introducing smart state systems, offering enhanced fleet management capabilities, accelerating the adoption of autonomous vehicles, and collaborating on smart transportation research projects. Nexar will focus on local hiring and collaborate with Nevada CAM on network deployment.
PartnersCustomers
Mar 21, 2017 · www.cnet.com
growth-positive
Free Nexar app drives safety with collision warning, dashcam and V2V
The article discusses how Nexars app turns smartphones into V2V devices, allowing for vehicle-to-vehicle communication. The app uses deep learning to analyze data from its users phones to identify potential collisions and provide warnings. It also records video footage and telemetry data in case of accidents. The Nexar app can recognize specific objects on the road and is currently being used by the Via car service in New York City. Nexar is partnering with fleets to expand its user base and collect more data. The app is available for free and Nexar sells an inexpensive phone mount for easier use.
CustomersPartners
Nov 15, 2016 · techcrunch.com
growth-positive
Nexar's vehicle-to-vehicle network will use dash cam AI to prevent accidents
Nexar, a startup, has developed an AI-based dash cam app that uses a smartphones camera to monitor the road and detect danger. The app records events and uploads the video to the cloud for later reference. Starting in San Francisco and New York, the app will now provide crowdsourced data to predict and prevent collisions. By analyzing the data in real-time, Nexar aims to minimize the impact of accidents and alert other drivers on the network. The use of video analysis and machine learning sets Nexar apart from similar apps like Waze.
CustomersPartners
Jul 11, 2016 · nocamels.com
growth-positive
This App Turns Your iPhone Into An Intelligent Dash Cam To Avoid Car Accidents
Nexar has launched an artificial intelligence dashboard camera app that turns iPhones into recording devices to track and report on bad drivers. The app recognizes traffic lights, remembers license plates, and records events for sharing with insurance companies or police. Nexar can also recreate a 3D graphic reconstruction of a cars positioning during an accident. The company plans to work with insurance companies to provide documentation on car accidents. Nexar has raised $14.5 million from investors and is currently available in some areas in California and Tel Aviv, with plans to expand into additional cities in the future.
CustomersPartnersInvestment
Jun 22, 2016 · www.washingtonpost.com
growth-positive
How to find bad drivers on the road near you
Nexar, an app that uses artificial intelligence to create a database of roads and drivers, aims to improve road safety by providing notifications to drivers about potential hazards and bad drivers. However, the app raises privacy concerns as it tracks drivers and shares their information with insurance companies. Despite the privacy implications, Nexar has seen growth, cataloguing 7 million cars and adding 100,000 more each day. The app is expanding to track potholes and believes that the benefits of safer roads outweigh the privacy concerns. The article discusses the trade-off between personal data and road safety.
CustomersPartners
Mar 28, 2016 · venturebeat.com
growth-positive
Nexar is more than a simple dashcam recording app
Nexar, an AI dashcam app, has integrated Wazes transport SDK into its app, allowing users to switch between the two services with minimal effort. The integration brings Wazes crowdsourced navigation data to Nexars app, enhancing its location and navigation capabilities. Nexar aims to become a network of crowdsourced data from smartphones, similar to what Waze has achieved. The company plans to generate revenue by streamlining insurance companies claims process and providing personalized offerings and discounts to safe drivers. Nexar can recreate accidents in 3D using iPhone sensors and captured footage. The company raised $4 million in a Series A round and plans to launch an Android version of its app later this year.
Partners
Feb 1, 2016 · www.forbes.com
growth-positive
This App Turns Your iPhone Into A Dash Cam With Machine Vision
Nexar, a company founded by Eran Shir and Bruno Fernandez-Ruiz, has developed a free iPhone app that uses computer vision to understand the road. The app turns the phone into a dash cam and uses the iPhones camera and sensors to identify traffic signals, license plates, and the trajectory of other cars. It focuses on driver safety and can recreate accidents in 3D. Nexar aims to create a network to crowdsource data on road conditions and dangerous drivers. The company has been running a private beta test with Uber and Lyft drivers in the Bay Area and has already mapped out San Francisco and the surrounding area. Car makers have shown interest in incorporating Nexars services. Nexar has raised a $4 million seed round led by Aleph Venture Capital and Slow Ventures.
CustomersPartners
May 27, 2015 · recode.net
Nexar Uses iPhones to Capture Road Rage and Flag Bad Drivers (Video)
May 27, 2015 · www.usatoday.com
growth-positive
Nexar app promises to steer you clear of bad drivers
Israeli startup Nexar has developed a connected driving platform app that turns smartphones into distraction-free interactive dashboards. The app uses machine vision and smartphone technology to track the cars around the user and determine whether they are being driven by good or bad drivers. It captures incidents by video and leverages over 500 billion hours per year of driver data. While the app raises privacy concerns, the CEO insists that it is not distracting. The impact on Nexar is growth-positive as the app has the potential to attract customers and promote safer driving.
Customers
May 27, 2015 · www.globes.co.il
growth-positive
Car accident prevention co Nexar raises $4m
Nexar, a startup founded by Eran Shir and Bruno Fernandez-Ruiz, aims to make cars on the road smarter through a mobile application. The company has completed a $4 million financing round led by Aleph and Slow Ventures. Nexars mobile application operates within a Dash Cam and enables drivers to receive warnings about nearby drivers and provide feedback about their own driving. The company plans to build a network of drivers to improve driving habits and prevent accidents. Nexar is entering a market with competition, including Mobileye. The company is launching its service in Los Angeles and Tel Aviv, and there are potential business opportunities with insurance companies based on driving behavior.
Investment