Near Investor Presentation Deck slide image

Near Investor Presentation Deck

Near's Investment Summary Large total addressable market, mostly unpenetrated. • Estimated $23B TAM¹ Marquee enterprise account wins across multiple industries. ● Expected NRR 120% CY21PCY24E2 One of the largest database providers of aggregated, anonymized data on people and places. • Estimated 1.6B Unique User IDs • More than 44 Countries Covered www.near.com Rapid growth, efficient customer acquisition and margin expansion opportunities. • 32% CY21 - CY22 revenue growth • Maintain 68% - 72% Gross Margin Patented algorithm in stitching, enriching and helping enterprise customers derive intelligence from the Near-verse database. • 7 Patents Multi-year head start on gathering unique datapoints Proven global leadership team with demonstrated ability in execution. • Seasoned team made up of IIM and Caltech alumni. (1) Near believes the market for the Near Platform represents a significant and underpenetrated market opportunity today, as the business intelligence and analytics platform industry is estimated to be approximately $38 billion in 2021 (according to https://www.emergenresearch.com/industry-report/business-intelligence-and-analytics-platforms-market), of which Near estimates $23 billion of that market is addressable by Near's data intelligence platform. Near arrives at the estimate of $23 billion by deducting from the $38 billion total estimated market size revenues from verticals that the current Near offerings don't address, such as Education, Energy and Healthcare. (2) NRR calculates the percentage of revenue retained from existing customers over the specified period of time including upgrades, downgrades, cross selling, and cancellations by such customers. Near calculates NRR by dividing the last twelve months subscription revenue from the relevant reporting period by the revenue from that same customer group a year earlier. NRR of greater than 100% means aggregated revenue from the existing customer base is expanding while NRR of less than 100% shows revenue from that customer base is contracting. 28
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