Nextdoor
Financials
Estimates*
USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
---|---|---|---|---|---|---|---|
Revenues | 123m | 192m | 213m | 218m | 241m | 276m | 313m |
% growth | 49 % | 56 % | 11 % | 3 % | 10 % | 14 % | 14 % |
EBITDA | (73.6m) | (90.6m) | (139m) | (167m) | (33.9m) | (17.7m) | 7.9m |
% EBITDA margin | (60 %) | (47 %) | (65 %) | (76 %) | (14 %) | (6 %) | 3 % |
Profit | (75.2m) | (95.3m) | (138m) | (148m) | (116m) | (89.1m) | - |
% profit margin | (61 %) | (50 %) | (65 %) | (68 %) | (48 %) | (32 %) | - |
EV / revenue | - | 12.0x | 0.8x | 0.9x | 2.3x | 2.2x | 1.8x |
EV / EBITDA | - | -25.4x | -1.3x | -1.2x | -16.4x | -34.2x | 72.8x |
R&D budget | 69.2m | 97.1m | 127m | 150m | - | - | - |
R&D % of revenue | 56 % | 51 % | 60 % | 69 % | - | - | - |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
$21.6m | Series B | ||
$60.0m Valuation: $540m | Series C | ||
$110m | Series D | ||
N/A | $75.0m | Series E | |
N/A | N/A | Secondary | |
$123m Valuation: $2.1b | Series F | ||
* | $47.0m Valuation: $2.2b | Series F | |
N/A | - | ||
$300m Valuation: $4.3b 34.9x EV/LTM Revenues -58.4x EV/LTM EBITDA | SPAC IPO | ||
$270m Valuation: $4.3b 34.9x EV/LTM Revenues -58.4x EV/LTM EBITDA | SPAC Private Placement | ||
Total Funding | €659m |
Recent News about Nextdoor
EditNextdoor.com is a social networking service for neighborhoods. It operates primarily in the United States, but its services are available in other countries as well. The platform allows users to connect with their neighbors, share local news, recommend services, and even sell or give away items. It's like a digital bulletin board for your neighborhood.
Nextdoor.com serves a broad range of clients, from individual users who want to connect with their neighbors, to local businesses looking to advertise their services, to public agencies wanting to share important information. The platform is particularly popular among homeowners, who use it to keep up with local events, find reliable service providers, and discuss neighborhood issues.
The company operates in the social networking market, but it has carved out a unique niche for itself by focusing on local communities. This focus on local interactions sets it apart from other social networking sites, which tend to emphasize global connections.
Nextdoor.com makes money primarily through advertising. Local businesses can pay to advertise their services on the platform, reaching a highly targeted audience of potential customers in their immediate area. The company also offers a premium subscription service, which provides users with additional features for a monthly fee.
In summary, Nextdoor.com is a social networking platform that focuses on local communities. It serves a wide range of clients and makes money through advertising and premium subscriptions.
Keywords: Social Networking, Local Communities, Advertising, Premium Subscriptions, Homeowners, Local Businesses, Public Agencies, Neighborhoods, Bulletin Board, United States.