Nectar develops an IoT solution for the hospitality and consumer packaged goods industries. Nectar solves the large information gap within the trillion-dollar consumer packaged goods and alcoholic beverage industries, with a new generation of connected devices that power automatic replenishment and data-driven insights.
Company Growth (employees)
Type
Private
HQ
Palo Alto, US
Founded
2014
Size (employees)
12 (est)+20%
Nectar was founded in 2014 and is headquartered in Palo Alto, US

Nectar Office Locations

Nectar has an office in Palo Alto

Nectar Financials and Metrics

Summary Metrics

Founding Date

2014

Total Funding

$4.6 m

Latest funding size

$4.6 m

Time since last funding

12 months
Nectar's latest funding round in December 2016 was reported to be $4.6 m. In total, Nectar has raised $4.6 m
Nectar's employees are reported to be approximately 22% female and 78% male.
Show all human capital metrics

Nectar's Web-traffic and Trends

Nectar Online and Social Media Presence

Nectar News and Updates

Open Banking and PSD2 are a boon to banks, not a burden

The EU’S second payment services directive (PSD2), set to come into force next year, will require banks to share current account information with third parties through APIs — providing the customer gives consent. This will allow new companies to innovate with an important data source, giving the …

Julius Baer takes minority stake in Nectar Financial: Reuters

Swiss bank Julius Baer has taken a minority stake in financial technology company Nectar Financial AG that will help it invest further in its growth strategy, Reuters reported.

LDC exits UK2

LDC has sold its stake in UK2, a provider of server and cloud services, to The Hut Group. No financial terms were disclosed. Torch Partners, Deloitte and CMS advised LDC on the deal.

Nectar Company Life and Culture

You may also be interested in