# Near

**Source:** https://www.startuphub.ai/startups/near
**Profile type:** Startup

> Scalable blockchain platform for user-friendly decentralized applications.

## About

NEAR is the execution layer for AI-native applications, enabling agents to own assets, make decisions, and transact freely across networks. It provides the infrastructure for AI to act on behalf of users, handling identity, trust, and data while simplifying blockchain interactions for developers and users. NEAR serves builders creating AI-native systems, assistants, agents, marketplaces, and coordination tools.

## Key facts

- **Slug:** near
- **Website:** https://near.org/
- **Location:** Zug, Switzerland
- **Founded:** 2017-07-01
- **Operating status:** Active
- **Total funding:** $1.1B
- **Sectors / tags:** Blockchain, DeFi, Web3, Developer Tools, API Platform, Decentralized Applications
- **Social:**
  - Twitter: https://x.com/nearprotocol
  - GitHub: https://github.com/near

## Frequently asked

### What does Near do?

NEAR is the execution layer for AI-native applications, enabling agents to own assets, make decisions, and transact freely across networks. It provides the infrastructure for AI to act on behalf of users, handling identity, trust, and data while simplifying blockchain interactions for developers and users. NEAR serves builders creating AI-native systems, assistants, agents, marketplaces, and coordination tools.

### What is Near's revenue?

StartupHub estimates Near's annual revenue at $123.2M (range $98.6M to $427.6M, 27% confidence), based on comparable companies in the sector.

### What is Near's valuation?

StartupHub estimates Near's effective valuation at $4.1B (range $2.8B to $6.6B, 10% confidence), based on comparable companies in the sector.

### How much funding has Near raised?

Near has raised a total of $1.1B in funding. The most recent round on record is Other Equity.

### Where is Near headquartered?

Near is headquartered in Zug, Switzerland.

### When was Near founded?

Near was founded in 2017.

### What industry does Near operate in?

Near operates in Blockchain, DeFi, Web3, Developer Tools, API Platform, Decentralized Applications.

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