Nextdoor: The Neighborhood Network

By Jules Maltz

Today, we’re honored to congratulate Sarah Friar and the entire team at Nextdoor on its successful public listing. Neighbors rely on Nextdoor in more than 280,000 neighborhoods across 11 countries and nearly one in three U.S. households use Nextdoor, making it a top 5 online consumer product. Nextdoor is where communities come together to greet newcomers, exchange recommendations, and read the latest local news. Where neighbors support local businesses, get updates from public agencies, borrow garden tools, and sell furniture. Nextdoor is where you connect to the people around you who matter most so you can belong.

Nextdoor is IVP’s 128th portfolio company to list publicly and its 13th in 2021. Since IVP invested in 2019, the company has significantly built out its leadership team while growing its verified global neighbors to more than 63 million.  We’re proud of the original vision of the founders, Sarah Leary, Prakash Janakiraman, and Nirav Tolia, and the incredible execution of Sarah Friar, Mike Doyle, and team to build an enduring business.  It’s a beautiful day in the neighborhood. Congratulations Nextdoor!

Jules Maltz is a General Partner at IVP,  a later-stage venture capital firm.