Nextdoor Holdings, Inc. (NXDR)

Nextdoor Holdings, Inc. (NXDR) operates Nextdoor, a neighborhood-focused social network headquartered in San Francisco. Founded in 2011, the platform connects residents of a given neighborhood so they can share local news, recommendations, safety updates, items for sale and community events.

Membership is tied to a verified address, which is meant to keep conversations local and trustworthy. Beyond residents, the platform is used by local businesses to reach nearby customers and by public agencies such as police, fire departments and city governments to communicate with communities.

Nextdoor earns most of its revenue from advertising, ranging from small local businesses to large national brands seeking geographically targeted audiences. The company became public in 2021 through a SPAC merger and later changed its ticker symbol to NXDR.