MergerLinks Header Logo

Announced

Completed

Nextdoor went public via a SPAC merger with Khosla Ventures Acquisition II in a $4.3bn deal.

Synopsis

Nextdoor, a hyperlocal social networking service for neighborhoods, went public via a SPAC merger with Khosla Ventures Acquisition II in a $4.3bn deal. The transaction included a $270m PIPE from T. Rowe Price, Baron Capital, Dragoneer, Soroban Capital, ARK Invest, ION Asset Management, Tiger Global and Hedosophia. "Nextdoor is a cutting-edge, category-defining company with tremendous growth potential. Importantly, their strong management team remains deeply committed to their purpose to cultivate a kinder world. We are proud to be listing on the NYSE under the ticker "KIND", and we look forward to continuing our partnership and accelerating Nextdoor's growth as a public company," Vinod Khosla, Khosla Ventures Managing Director.

Show Details & Financials

Market Context

Sort

Search a database of more than 250,000 verified dealmakers

Receive automated updates on global transactions

Follow the activity, relationships and transactions of top dealmakers

No credit card required

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US