Tech Company Financing Transactions

Nearside Funding Round

On 12/7/2021, Nearside raised $58 million in Series B investment from Valar Ventures, Foundation Capital and private investors.

Transaction Overview

Company Name
Announced On
12/7/2021
Transaction Type
Venture Equity
Amount
$58,000,000
Round
Series B
Investors

Valar Ventures (Lead Investor)

Foundation Capital

private investors (James Breyer)

private investors (Kevin Hartz)

private investors (Michael Ovitz)

private investors (Ryan Petersen)

Kleiner Perkins Caufield & Byers (Ilya Fushman)

Proceeds Purpose
Proceeds purposes were not disclosed.

Company Information

Company Status
Private & Independent
Industry
FinTech
Mailing Address
PO Box 7775 PMB 68032
San Francisco, CA 94120
USA
Email Address
Overview
At Nearside (formerly known as Hatch), we believe that starting a business should be easier. Our mission is to provide accessible, transparent, and fair financial and lending products to help people start and grow their businesses. If you're someone with an idea that can change a life or a community, we're ready to help you get started. It's time to Hatch!
Profile
Nearside LinkedIn Company Profile
Social Media
Nearside Company Twitter Account
Company News
Nearside News
Facebook
Nearside on Facebook
YouTube
Nearside on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Thomson Nguyen
  Thomson Nguyen LinkedIn Profile  Thomson Nguyen Twitter Account  Thomson Nguyen News  Thomson Nguyen on Facebook
Chief Operating Officer
James Lee
  James Lee LinkedIn Profile  James Lee Twitter Account  James Lee News  James Lee on Facebook
VP - Bus. Development
Timothy Wu
  Timothy Wu LinkedIn Profile  Timothy Wu Twitter Account  Timothy Wu News  Timothy Wu on Facebook
VP - Engineering
Brian Delahunty
  Brian Delahunty LinkedIn Profile  Brian Delahunty Twitter Account  Brian Delahunty News  Brian Delahunty on Facebook
VP - Engineering
Michelle Tang
  Michelle Tang LinkedIn Profile  Michelle Tang Twitter Account  Michelle Tang News  Michelle Tang on Facebook
VP - Operations
Laurel Coster
  Laurel Coster LinkedIn Profile  Laurel Coster Twitter Account  Laurel Coster News  Laurel Coster on Facebook


 

 

Browse more venture capital transactions:

Prev: 12/7/2021: TradeDepot venture capital transaction
Next: 12/7/2021: Tamatem venture capital transaction

 

Share this article

 


Where The Data Comes From

We report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary