PitchBook

NearSt Company Profile

NearSt, founded in 2015 and formerly known as Evry Local, is a privately held UK-based retail technology company with 18 employees that offers a platform enabling small physical retailers to list live in-store inventory online to convert online shoppers into in-store customers, backed by venture capital through multiple funding rounds including later stage VC and accelerator programs, and operating primarily in business/productivity software with additional focus on big data, SaaS, marketing tech, e-commerce, and mobile commerce.

Company Overview

NearSt is a developer of a retail technology platform designed to turn online shoppers into in-store customers. The platform enables small businesses to expand their reach by listing live in-store inventory online, making products visible to customers shopping on the internet. This helps physical retailers increase their visibility and attract more foot traffic from online searches.

  • Year Founded: 2015
  • Status: Private
  • Employees: 18
  • Latest Deal Type: Later Stage VC
  • Investors: 20
  • Formerly Known As: Evry Local
  • Ownership Status: Privately Held (backing)
  • Financing Status: Venture Capital-Backed
  • Primary Industry: Business/Productivity Software
  • Other Industries: Media and Information Services (B2B)
  • Verticals: Big Data, SaaS, Marketing Tech, E-Commerce, Mobile Commerce, Mobile

Contact Information

  • Website: www.near.st
  • Corporate Office:
    • Brickfields Office 113
    • 37 Cremer Street
    • London E2 8HD
    • England, United Kingdom
    • +44 020

Social Media

Valuation & Funding

Deal TypeDateAmountRaised to DateStatusStage
Later Stage VC19-Feb-2025CompletedGenerating Revenue
Accelerator/Incubator01-Oct-2024CompletedGenerating Revenue
Seed Round04-Jan-2021CompletedGenerating Revenue
Seed Round18-Feb-2020CompletedGenerating Revenue
Accelerator/IncubatorCompletedGenerating Revenue
Seed Round29-Nov-2019CompletedGenerating Revenue
Seed Round01-Feb-2017CompletedProduct Development
Seed Round02-Sep-2016$307K$468KCompletedProduct Development
Accelerator/Incubator04-Feb-2016$161K$161KCompletedStartup

Cap Table (Partial)

Stock# of SharesPar ValueOriginal Issue PriceLiquidationLiquidation Pref. MultipleConversion Price
Ordinary69,300$0.000001$0.68$0.681x$0.68
Ordinary24,900$0.000001$0.68$0.681x$0.68

Competitors

Some of NearSt’s competitors include:

  • InMobi (Singapore, Singapore)
  • VenueX (Istanbul, Turkey)
  • Unacast (Ashburn, VA)
  • Epom (Roseau, Dominica)
  • InMarket (Wichita Falls, TX)

Investors (Partial List)

  • Bright Minds Capital Partners (Venture Capital)
  • Grow London (Accelerator/Incubator)
  • Grosvenor (Family Office)
  • Angel (individual)

FAQs

When was NearSt founded?

NearSt was founded in 2015.

Where is NearSt headquartered?

NearSt is headquartered in London, United Kingdom.

What is the size of NearSt?

NearSt has 18 total employees.

What industry is NearSt in?

NearSt’s primary industry is Business/Productivity Software.

Is NearSt a private or public company?

NearSt is a Private company.

What is NearSt’s current revenue?

The current revenue for NearSt is not disclosed.

How much funding has NearSt raised over time?

NearSt has raised $7.23M.

Who are NearSt’s investors?

Bright Minds Capital Partners, Grow London, Grosvenor, and others are among the 20 investors who have invested in NearSt.

Who are NearSt’s competitors?

InMobi, VenueX, Unacast, Epom, and InMarket are some of the 61 competitors of NearSt.