Key Stats
Nextdoor trades on the NYSE under ticker NXDR with a market capitalization of approximately $769 million as of early 2026.
Institutional investors hold about 42% of shares, retail investors own roughly 49%, and company insiders retain around 12%.
The platform reaches over 100 million verified neighbors across 345,000+ neighborhoods in 11 countries.
Nextdoor reported trailing twelve-month revenue of approximately $253 million and 46 million weekly active users as of Q3 2025.
Nextdoor Holdings, Inc. is a publicly traded company on the New York Stock Exchange. No single entity holds majority control. Ownership is distributed among institutional investors, retail shareholders, and insiders, with co-founder and CEO Nirav Tolia being the largest individual insider at roughly 7.3% of shares.
The company changed its ticker symbol from KIND to NXDR in July 2025, alongside a major product redesign called “NEXT.” This overhaul added AI-powered features, a partnership with 3,500+ local news providers, and a refreshed user interface. Revenue for 2024 reached $247.28 million, a 13.27% year-over-year increase, though the company remains unprofitable with losses narrowing each quarter.
Who Owns Nextdoor?
Nextdoor is owned by a mix of institutional investors, retail shareholders, and company insiders. The stock went public in November 2021 through a SPAC merger with Khosla Ventures Acquisition Co. II at a valuation of $4.3 billion. The share price has dropped sharply since, and the current market cap sits near $769 million.
Nextdoor Ownership Breakdown
Retail investors make up the largest ownership group at about 49%. Institutional holders account for roughly 42%, and insiders own approximately 12%. No single shareholder or group exercises outright control over Nextdoor’s corporate decisions.
Nextdoor Ownership Distribution (2026)
Is Nextdoor a Public or Private Company?
Nextdoor is a public company. Its Class A common stock trades on the NYSE under the symbol NXDR. The 2021 SPAC merger generated roughly $686 million in gross proceeds. The company held about $418 million in cash and marketable securities as of Q1 2025.
Largest Shareholders of Nextdoor
Nextdoor’s shareholder base is relatively dispersed. The top 25 shareholders collectively control less than half of all outstanding shares, meaning no single dominant investor dictates strategic direction.
Nirav Tolia — CEO and Largest Insider
Co-founder Nirav Tolia is the largest insider shareholder, owning about 7.3% of shares outstanding. He returned to the CEO role in May 2024 after Sarah Friar stepped down. Tolia’s personal stake aligns his financial interests with other shareholders as he leads the “NEXT” platform transformation. Trends in social networking platforms suggest hyperlocal models like Nextdoor face both opportunity and steep competition from larger platforms.
Top Institutional Holders
Major institutional shareholders include Vanguard Group, BlackRock, and Fidelity Management & Research Company. Greylock Partners, an early venture backer, maintains a sizable position through related entities. David L. Sze, an advisory partner at Greylock, is the largest individual Nextdoor shareholder outside management, holding about 3.32% of the company.
Early Venture Capital Investors
Before going public, Nextdoor raised approximately $470 million across multiple rounds. Benchmark Capital and Shasta Ventures participated in a $1.6 million Series A in 2011. Greylock Partners, Kleiner Perkins, Riverwood Capital, and Axel Springer invested later. Many still hold shares, though proportional ownership shifted after the SPAC merger. These venture-backed foundations shaped the evolving internet ecosystem Nextdoor operates within.
Estimated Top Individual/Insider Stakes
History of Nextdoor Co-founders
Nextdoor was co-founded in 2008 by Nirav Tolia, Sarah Leary, Prakash Janakiraman, and David Wiesen. The four brought complementary skill sets that helped the company grow from a concept into a platform used across 11 countries.
Nirav Tolia and Sarah Leary
Tolia served as CEO from the start. Before Nextdoor, he co-founded Epinions.com and was an Entrepreneur-in-Residence at Benchmark Capital. He stepped aside in 2018 but returned in May 2024 to lead the product overhaul. Sarah Leary, who previously worked at Microsoft and eBay, led marketing and international expansion at Nextdoor from 2010 to 2019. She returned as Chief Marketing Officer. The platform’s reliance on address verification keeps data privacy protections as a recurring consideration.
Prakash Janakiraman and David Wiesen
Janakiraman and Wiesen were the technical architects who built the systems for address verification, neighborhood mapping, and content delivery. The platform launched in the U.S. in October 2011 after raising a $1.6 million Series A from Benchmark Capital and Shasta Ventures.
Who Is on the Board of Directors for Nextdoor?
Nextdoor’s board includes co-founders, venture capital representatives, and independent directors with backgrounds across technology, finance, and operations.
Executive Leadership on the Board
Nirav Tolia holds three roles: CEO, President, and Chairperson. He also sits on the board of Hedosophia. Sarah Leary, co-founder and current CMO, also holds a board seat, giving her influence over both operations and governance.
Technology and Product Expertise
Marissa Mayer joined in May 2024, bringing experience from her time as CEO of Yahoo and 13 years at Google. She also sits on the boards of Walmart and AT&T. Her background in search and consumer platforms is relevant as Nextdoor integrates AI-powered behavioral tools into its product. Robert Hohman, co-founder and former CEO of Glassdoor, also joined in May 2024.
Venture Capital and Investment Directors
Jason Pressman, a managing director at Shasta Ventures, represents one of Nextdoor’s earliest institutional investors. David Sze, an advisory partner at Greylock Partners, was an early investor in LinkedIn, Facebook, and Roblox before backing Nextdoor. Chris Varelas, co-founder of Riverwood Capital, brings global investment experience from his prior role as managing director at Citigroup Global Markets.
Finance and Operations Directors
Dana Evan is an independent director who also holds board seats at Box, Upwork, Motive, and Pendo. Elisa Steele, former CEO at Jive and Namely with CMO experience at Microsoft and Skype, adds operational depth. Niraj Shah, co-founder and CEO of Wayfair, rounds out the board with large-scale e-commerce experience — a useful reference as Nextdoor grows its local advertising and commerce strategy.
Board Governance Structure
Nextdoor’s ISS Governance QualityScore was 10 (on a 1-10 scale, where 10 indicates higher risk) as of January 2026. The board handles audit, compensation, and shareholder rights through dedicated committees. With the growing role of neighborhood safety data and content moderation challenges, the board faces ongoing decisions about balancing community trust with monetization.
FAQs
Who is the CEO of Nextdoor?
Nirav Tolia is the CEO, President, and Chairperson of the Board. He co-founded Nextdoor in 2008, stepped aside in 2018, and returned to lead the company in May 2024.
What stock exchange is Nextdoor listed on?
Nextdoor trades on the New York Stock Exchange under the ticker symbol NXDR. The ticker changed from KIND to NXDR in July 2025.
How did Nextdoor go public?
Nextdoor went public in November 2021 through a SPAC merger with Khosla Ventures Acquisition Co. II. The deal valued the company at approximately $4.3 billion.
How many users does Nextdoor have?
Nextdoor has over 100 million verified neighbors and approximately 46 million weekly active users as of Q3 2025. The platform operates in 11 countries across 345,000+ neighborhoods.
Is Nextdoor profitable?
No. Nextdoor reported a net loss of $12.86 million in Q3 2025, though losses have been shrinking. Revenue that quarter was $68.9 million, and global digital platform dynamics continue to shape its path forward.
