Nextdoor Net Worth (Updated 2025).

Nextdoor, a neighborhood social networking service, was launched in 2010 by Nirav Tolia, Sarah Leary, and Prakash Janakiraman. The trio, former executives at Yahoo!, wanted to create a platform that fostered a sense of community among neighbors, enabling them to connect, share information, and build stronger bonds within their local areas.

The concept gained traction as it filled a void in the market for hyper-local, community-focused social networking. Users could join their neighborhood’s Nextdoor website or app, verify their addresses, and start engaging with their neighbors. The platform’s features, such as neighborhood news, lost pet alerts, and recommendations for local services, quickly made it a go-to resource for many communities.

Nextdoor’s Current Net Worth (2025)

As of 2025, Nextdoor’s current net worth is estimated to be around $2.5 billion, according to the latest available information. This figure reflects the company’s significant growth and impact in the neighborhood social networking sector.

Career

Nextdoor was founded in 2010 by Sarah Friar, Nirav Tolia, and Prakash Janakiraman. The company began as a way to connect neighbors in local communities, fostering a sense of belonging and safety. It has since expanded to cover over 270,000 neighborhoods across the United States, United Kingdom, Germany, France, and the Netherlands.

Other Ventures

In addition to its core social networking platform, Nextdoor has ventured into various initiatives to enhance neighborhood engagement. These include Nextdoor for Public Agencies, which helps local governments communicate with residents, and Nextdoor for Businesses, allowing local businesses to connect with their nearby customers.

Assets

Nextdoor’s primary asset is its extensive user base, with over 50% of U.S. households using the platform. The company also owns its proprietary technology and algorithms that facilitate neighbor-to-neighbor communication and local recommendations. Additionally, Nextdoor’s valuable partnerships with local governments and businesses contribute to its overall asset portfolio.

Annual Income

Nextdoor’s annual income has been steadily increasing since its inception. In 2021, the company reported a revenue of $150 million, a significant jump from the previous year. This growth can be attributed to the expansion of its user base and the success of its additional services, such as Nextdoor for Businesses and Nextdoor for Public Agencies.

Frequently Asked Questions about  Nextdoor

Frequently Asked Questions: Nextdoor Net Worth

1. What is Nextdoor?

Nextdoor is a private social networking app that connects neighbors in local communities. It allows users to join their neighborhood, create and join groups, and communicate with neighbors about local issues, events, and services.

2. When was Nextdoor founded?

Nextdoor was founded in October 2010 and launched its first neighborhood in San Francisco in 2011.

3. Who is the founder of Nextdoor?

Nextdoor was founded by Nirav Tolia, Sarah Leary, Prakash Janakiraman, and David Morin.

4. How does Nextdoor make money?

Nextdoor generates revenue through advertising, sponsored posts, and premium services for local businesses. It also offers a premium service for users called “Nextdoor Neighborhoods,” which provides additional features for a subscription fee.

5. What is Nextdoor’s net worth?

As of the latest estimates, Nextdoor’s net worth is approximately $2.2 billion.

6. How many users does Nextdoor have?

Nextdoor has over 280,000 neighborhoods and 48 million users worldwide.

7. In which countries is Nextdoor available?

Nextdoor is available in 11 countries, including the United States, Canada, the United Kingdom, Germany, France, the Netherlands, Italy, Spain, Sweden, Denmark, and Australia.

8. Has Nextdoor faced any controversies?

Yes, Nextdoor has faced criticism and controversies related to privacy, data sharing, and the potential for misuse of the platform. The company has taken steps to address these concerns and improve its policies and features.

9. How can I join Nextdoor?

To join Nextdoor, you can download the app from the App Store or Google Play Store, or visit the website and enter your address. Nextdoor will verify your address and allow you to join your neighborhood.

10. Is Nextdoor available on desktop?

Yes, Nextdoor is accessible on desktop through the website at nextdoor.com. However, the app is designed for mobile use and offers a more optimized experience.