Funding round
NEAR Series A
NEAR, which works in blockchain protocol development in United States, raised $12M in a Series A round announced on 10 Jul 2019, led by Accomplice and MetaStable Capital. 2 firms took part. It is NEAR's first venture round on record.
$12M
Amount raised
Not disclosed
Post-money valuation
2
Investors
2 leads
Valuation
What this round says about the price
NEAR did not disclose a valuation in this round. It is NEAR's first venture round on record, 1 year after it was founded in 2018. It is 2.3% of the $512M NEAR has raised in the venture rounds on record. NEAR raised again 30 months later: a Growth round of $150M in Jan 2022.
NEAR's funding rounds
NEAR has 3 venture rounds on record and 1 other deal. This one is highlighted.
Investors
Who put money in
Accomplice and MetaStable Capital led the round.
Lead investors
- backs 102 venture-backed companies new investor
- MetaStable Capital new investor
Comparable rounds
How it compares
955 Series A rounds in Tech Companies within a year either side disclosed an amount; the median was $8.2M, and this round was 1.5 times the median. The closest in time, other companies' Series A rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| OneTrust Tech Companies | 11 Jul 2019 | $200M | $1.30B | Insight Partners |
| Tech Companies | 23 Jul 2019 | $79M | not disclosed | Cannae Holdings, Inc. and Motive Partners |
| Tech Companies | 29 Jul 2019 | $23M | not disclosed | Intel Capital |
| Tech Companies | 30 Jul 2019 | $15M | not disclosed | Accel |
| Tech Companies | 15 Jul 2019 | $15M | not disclosed | not named |
| Tech Companies | 30 Jul 2019 | $12M | not disclosed | Sequoia Capital |
| Tech Companies | 23 Jul 2019 | $11M | not disclosed | Foundry |
| Consensys Tech Companies | 1 Jul 2019 | $10M | not disclosed | not named |
Questions
Frequently asked
How much did NEAR raise in its Series A round?
NEAR raised $12M in its Series A round, announced in Jul 2019.
Who led NEAR's Series A round?
Accomplice and MetaStable Capital led it.
What was NEAR's valuation at the Series A round?
It was not disclosed.
How does it compare with other Series A rounds in Tech Companies?
955 Series A rounds in Tech Companies within a year either side disclosed an amount; the median was $8.2M, and this round was 1.5 times the median.
Did NEAR raise again after this round?
Yes: a Growth round in Jan 2022 of $150M.