When was Nearbuy Systems founded?

Nearbuy Systems was founded in 2010 and raised its 1st funding round 1 year after it was founded.

Where is Nearbuy Systems located?

Nearbuy Systems is headquartered in San Mateo, United States.

How many employees does Nearbuy Systems have?

As of Dec 31, 2021, Nearbuy Systems has 62 employees, reflecting a 12% year-over-year decline in headcount.

Is Nearbuy Systems a funded company?

Nearbuy Systems is a funded company, having raised a total of $3.28M across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jun 06, 2011.

When was the latest funding round of Nearbuy Systems?

Nearbuy Systems' latest funding was a $***** Seed round on Nov 23, 2012, with participation from 1 investor. Its primary sector is In Store Retail Tech. In United States, the In Store Retail Tech sector has seen $95.1M in funding in 2026 to date.

Where does Nearbuy Systems rank among its competitors?

Nearbuy Systems ranks 4th amongst 10 active competitors, of which 4 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Purple, which secured $12.7M in Oct, 2023.

Who are the top competitors of Nearbuy Systems?

Nearbuy Systems' top competitors include Purple, Turnstyle and AreaMetrics. Among them, Purple secured the most recent funding round in October, 2023.

Nearbuy Systems - 2026 Company Profile, Team, Funding & Competitors

Nearbuy Systems is an acqui-hired company based in San Mateo (United States), founded in 2010. It operates as a Retail analytics platform providing insights into shopper behavior and store performance. Nearbuy Systems has raised $3.28M in funding from investors like Compound, Innovation Endeavors and Motorola Mobility. The company has 10 active competitors, including 4 funded and 2 that have exited. Its top competitors include companies like Purple, Turnstyle and AreaMetrics.

Company Details

Retail analytics platform providing insights into shopper behavior and store performance. It offers real-time analytics tools that help retailers and manufacturers collect, analyze, and visualize in-store data. The platform uses video analytics, Wi-Fi detection, on-shelf sensors, and data from point-of-sale systems to provide insights about how customers interact with their stores. This scalable solution integrates with promotional calendars, staffing systems, and weather services to analyze how internal and external factors impact customer shopping patterns. This enables retailers to identify growth opportunities, make changes, and measure success. The platform delivers best-in-class insights into store performance, security, and compliance at scale. It offers solutions for operations, asset protection, merchandising, store design, and marketing, empowering retailers to optimize in-store experiences and drive business outcomes. This is a B2B SaaS platform.

Website: nearbuysystems.com
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Key Metrics

Founded Year

2010

Location

San Mateo, United States

Stage

Acqui-Hired

Total Funding

$3.28M in 3 rounds

Latest Funding Round

Seed, Nov 23, 2012, $*****

Investors

Compound & 3 more

Ranked

4^th among 10 active competitors

Employee Count

62 as on Dec 31, 2021

Similar Companies

RetailNext & 442 more

View Nearbuy Systems' full profile

Nearbuy Systems has raised a total funding of $3.28M over 3 rounds. Its first funding round was on Jun 06, 2011. Its latest funding round was a Seed round on Nov 23, 2012 for $*****. 1 investor participated in its latest round. Nearbuy Systems has 3 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Nearbuy Systems:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Nov 23, 2012	8601253	Seed	8060685	9152652	2917382	6742756
Jan 26, 2012	4464875	Seed	1213585	1371027	7849198	3234552
Jun 06, 2011	9542353	Seed	9060418	7973864	Innovation Endeavors & 2 more	4930327

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View details of Nearbuy Systems's funding rounds and investors

Nearbuy Systems' employee count trend

Nearbuy Systems has 62 employees as of Dec 21. The total employee count is 13.0% lower than what it was in Dec 20. Here is Nearbuy Systems's employee count trend over the years:

Employee count trend for Nearbuy Systems

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Top competitors of Nearbuy Systems include Purple, Turnstyle and AreaMetrics. Here is the list of Top 10 competitors of Nearbuy Systems, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Purple 2012, Oldham (United Kingdom), Series B	Provider of guest WiFi solutions with analytics, CRM, and marketing tools	$20.8M	BOOST&Co, BGF & 6 others	62/100
2nd	Turnstyle 2012, Toronto (Canada), Acquired	Retail analytics and loyalty	$2.1M	500 Global, Ripple Ventures & 1 others	36/100
3rd	AreaMetrics 2014, Seattle (United States), Seed	Provider of analytics solutions for consumer insights	$2.68M	Quest Venture Partners, Startup Capital Ventures ... & 4 others	35/100
4th	Nearbuy Systems 2010, San Mateo (United States), Acqui-Hired	Retail analytics platform providing insights into shopper behavior and store performance	$3.28M	Innovation Endeavors, Compound & 2 others	30/100
5th	Locarise 2013, Chiyoda City (Japan), Seed	Retail analytics solution provider	-	Orange Fab Asia, Fluxus Ventures & 1 others	29/100
6th	Swarm 2012, San Francisco (United States), Acqui-Hired	Online gaming platform offering diverse betting options and engaging experiences	$4.5M	Icon Ventures, StepOne Ventures & 6 others	29/100
7th	LANDMARKS ID 2017, Pyrmont (Australia), Funding Raised	Platform providing consumer insights based on mobile location	-	Artesian, Slingshot	28/100
8th	Zhima Tech 2013, Nanjing (China), Series A	Provider of in-store analytics through Wi-Fi	$652K	Shenzhen Capital Group, Legend Star	28/100
9th	Viewsy 2011, London (United Kingdom), Acquired	Local analytics for the physical world	-	Startupbootcamp, Javest Investment Fund	25/100
10th	Surfree 2014, Ottawa (Canada), Unfunded	Cloud based Wi-Fi marketing & data analytics platform	-	-	24/100