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Nextdoor

Social/consumerUSA
📉 Public < $1B
Peak $5 BillionToday
~-88%
from peak
  1. 🦄
    Became a unicorn
    2015
  2. 📈
    Peak valuation
    $5 Billion ’21
  3. 💔
    Became a Unitard
    ~2022
  4. 💸
    Last valuation
    ~$600M
Current status
Public ~$0.6B (NXDR)

How it happened

Nextdoor is a hyperlocal social network connecting neighbors and local communities, valued at ~$5B when it listed via SPAC in 2021. After going public, weak user growth and broader pressure on consumer-internet stocks drove a steep market-cap decline. It now trades around $0.6B (NXDR), roughly 88% below its peak valuation.

Source: stockanalysis.com Mar 2026