Nearby operates an e-commerce platform that helps small, local retailers compete for online spend. The company is led by CEO and founder April Underwood, formerly Chief Product Officer at Slack. Nearby raised $21M in a Series A financing to support growth. The company intends to use the funds to expand into new cities and to grow its team. Existing investors from a 2020 seed round participated in the Series A. No operating metrics were disclosed in the article.

Total raised

$21M

Funding rounds

1

Latest round

Series A

Latest activity

May 2021