Nextdoor is a social networking platform that connects neighbors and facilitates local interactions. Users can share news, recommend services, and buy or sell items, making it a digital bulletin board for communities. Unlike other social networks that focus on global connections, Nextdoor emphasizes local engagement, serving homeowners, businesses, and public agencies. The company earns revenue through targeted advertising and premium subscriptions, aiming to strengthen community ties.

Comcast Ventures

Shasta Ventures

Tiger Global

Slow Ventures

Benchmark

Kleiner Perkins

Greylock Partners

Meritech Capital

Coatue Management

The Perkins Fund

Insight Partners

Valor Capital Group

Redpoint

Baron Capital

T. Rowe Price

ARK Invest

DAG Ventures

Bezos Expeditions

Allen & Company

SV Angel

Pinnacle Ventures

Khosla Ventures Acquisition Co II

Bond

Riverwood Capital

Mary Meeker

Consumer Software

Social Impact

Nextdoor

Nextdoor appoints Elisa Steele to board of directors.

Nextdoor Appoints Elisa Steele to Board of Directors

Neighborhood networking app Nextdoor has promoted Michael Kiernan as its new permanent chief revenue officer (CRO).

Nextdoor makes Michael Kiernan its permanent CRO

The social platform Nextdoor named executive Michael Kiernan as its new chief revenue officer on Wednesday, part of a broader bid from the company to reinvent itself and its advertising business under refreshed leadership.

Nextdoor Names New CRO as Part of Broader Turnaround

Today, Nextdoor released its 2024 Nextdoor Rewind, an end-of-year review of the collective moments and shared achievements of neighbors in cities nationwide.

Nextdoor Rewind Returns to Celebrate the Moments and Milestones That Brought Neighbors Together in 2024

For example, Jack in the Box partnered with Nextdoor to promote pickup and delivery services at local restaurants.

Why localized ad campaigns help big brands win big

Nextdoor announces Georg Petschnigg as Chief Design Officer.

Nextdoor Announces Georg Petschnigg as Chief Design Officer

MANHATTAN, KS, May 28, 2024 - CivicPlus(R), THE Modern Civic Experience Platform and leading provider of integrated software solutions for local governments, today announced its integration with Nextdoor, the neighborhood-focused social media platform.

CivicPlus(R) Announces Integration with Nextdoor to Transform Critical Communication for Local Governments

Contreras Schwartz, a California native, joined Nextdoor after a career as a law firm associate and partner, focused on mergers and intellectual property law.

Nextdoor's new GC on AI, moving in-house and why outside firms are critical

OpenAI reportedly more than doubled its annualized revenue over the last six months or so.The firm’s current annualized revenue is $3.4 billion, up from $1.6 billion in 2023, Bloomberg reported Wednesday (June 12), citing a paywalled article by The Information.OpenAI did not immediately reply to PYMNTS’ request for comment.This report comes two days after Apple announced a partnership with OpenAI in which OpenAI’s chatbot, ChatGPT 4o, will be integrated into iOS, macOS, iPadOS and to support Siri, with the user’s permission.On the same day, Monday (June 10), OpenAI named a new chief financial officer (CFO) and a new chief product officer (CPO), saying it was making these additions as it prepares for its “next phase of growth.”Sarah Friar, former CEO of Nextdoor, joined OpenAI as CFO, and Kevin Weil, former president, product and business at Planet Labs, joined the company as CPO.When announcing these appointments in a press release, OpenAI CEO Sam Altman said: “Sarah and Kevin bring a depth of experience that will enable OpenAI to scale our operations, set a strategy for the next phase of growth and ensure that our teams have the resources they need to continue to thrive.”The report of OpenAI’s leap in annualized revenue also comes at a time when three companies vying for the title of “World’s Most Valuable Company” are all companies that have benefited from the AI boom.On Wednesday, Apple retook the title of “World’s Most Valuable Company” as its stock began to climb after the company rolled out a series of AI features for its devices.Apple’s recent competitors for that title have also benefited from investors’ interest in AI.Microsoft surpassed Apple as the world’s most valuable company earlier this year, thanks to its own investments in AI.And last week, chipmaker Nvidia pushed Apple into third place and broke past the $3 trillion market cap mark as it also benefited from the AI boom.In the case of Apple, the company’s dominant position in the U.S. phone market gives it an advantage in rolling out AI functionality because consumers may prefer to access the technology in that way

Report: Openai Doubled Annualized Revenue In 6 Months

The new integration aims to streamline operations, enhance resident engagement, and drive overall efficiency between local governments and the communities they serve.MANHATTAN, Kan., May 28, 2024 /PRNewswire-PRWeb/ -- CivicPlus®, THE Modern Civic Experience Platform and leading provider of integrated software solutions for local governments, announced its integration with Nextdoor, the neighborhood-focused social media platform. The collaboration brings together the power of CivicPlus' Mass Notification System with Nextdoor's hyper-local messaging capabilities to transform timely communication strategies for local government agencies.The CivicPlus Mass Notification System enables local government agencies to significantly increase their reach. From relevant community updates to emergency and public safety alerts — the integration enables geo-targeting for swift and effective hyper-local communication delivered directly to residents' trusted social networks. With this integration, local agencies can improve response rates, mitigate the impact emergencies have on communities, foster greater trust with residents, and strengthen public safety and well-being.Key features of the integration include:Streamlined Communication: Local governments can send emergency alerts directly from the Mass Notification System to their Nextdoor accounts with a single click, eliminating the need for manual posting on multiple social media platforms.Increased Reach: The ability to leverage Nextdoor's hyper-local platform allows agencies to target a broader audience within communities, a persistent challenge faced by local governments. The integration enables emergency and non-emergency alert delivery directly to a resident's trusted social network to increase engagement and response rates during emergencies.Geographically-Targeted Messaging: Nextdoor's geo-targeted messaging feature empowers local governments to deliver alerts to impacted residents in specific neighborhoods or regions.Automated Posting: Local governments can save time and effort by automating the posting process to Nextdoor. Doing so ensures timely dissemination of critical information during emergencies, empowering communication professionals to focus on what matters most—keeping communities safe."The ability to deliver timely alerts and updates to residents, no matter where they live, is critical not only to emergency preparedness but community engagement," said Cari Tate, Solution Director at CivicPlus

Civicplus(R) Announces Integration With Nextdoor To Transform Critical Communication For Local Governments

Social networking platform for neighborhoods

Nextdoor

Social networking platform for neighborhoods

Nextdoor

Social networking platform for neighborhoods

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