Nexar Inc.
Nexar is a Vision AI company that transforms the physical world into digital insights through a global network of smart, connected car cameras. Its mission is to enhance vehicle autonomy and safety by leveraging crowd-sourced driving data. The company was founded in 2015 by Eran Shir and Bruno Fernandez-Ruiz. Nexar maintains headquarters in both New York, NY, United States, and Tel Aviv-Yafo, Israel.
Nexar's core offerings include AI-powered dash cameras such as the Nexar One, Nexar beam2, and Nexar beam2 mini, which provide features like 4K recording, cloud backup, AI incident detection, live streaming, and 24/7 parking protection. Beyond consumer dashcams, Nexar provides data services for various sectors, including autonomous vehicle developers, original equipment manufacturers (OEMs), fleets, and insurance companies. These services include CityStream for digital mapping and road intelligence, Training Data Sets, and the advanced BADAS incident prediction model.
In September 2024, Zach Greenberger was appointed Chief Executive Officer, succeeding co-founder Eran Shir, who transitioned to Chief Product Officer. Luc Vincent also joined as Chief R&D Officer. Nexar has recently focused on expanding its AI mobility solutions, including partnerships with Vay for predictive AI safety in remotely driven fleets and with Spectrum for real-time mobility intelligence. The company also launched BADAS 2.0, an incident prediction model trained on real-world driving data, aiming to set new safety benchmarks for AV and driver assistance systems. Nexar is privately held and has raised $150 million in funding.
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