Nextdoor becomes largest neighborhood platform in the world; Streetlife to close
San Francisco, CA, February 6, 2017 – Nextdoor (nextdoor.com), the free and private social network for neighborhoods, today announces that it has reached a definitive agreement with British start-up, Streetlife, for a multi-million pound acquisition. The transaction will create the largest online platform for neighbors anywhere in Europe. Starting today, both companies will work together to invite Streetlife’s 1.5 million members to sign up for Nextdoor, which is available on desktop, mobile, and native apps. No member data will be transferred without the explicit approval of a Streetlife member, and Streetlife will shut down following a short transition period.
Both Nextdoor and Streetlife have a shared mission to use the power of technology to build stronger, safer, and happier local communities. Neighbors use both platforms to exchange trusted recommendations for local tradesmen, find lost pets, organize neighborhood watch, form sports and social clubs, petition the local council, publicize community events, and, above all, to get to know other people in their neighborhoods. A poll for Nextdoor by OnePoll, published today, finds that 33 percent of people in the UK don’t know a single one of their neighbors well, and 10 percent can’t even name the person who lives next door.
Since launching in the UK just four months ago, Nextdoor has been inundated with interest from neighbors from all over the country who want to bring Nextdoor to their communities. Nextdoor neighbors have quickly established thousands of Nextdoor communities in towns and cities across the country, including over 40 percent of London neighborhoods.
Today, more than 125,000 Nextdoor neighborhoods across the U.S. rely on the neighborhood network. This transaction is a significant moment in Nextdoor’s international expansion, and follows the company’s first successful entry into the European market in the Netherlands. Today, 35 percent of Dutch neighborhoods use Nextdoor following a successful February 2016 launch. Nextdoor is already pursuing expansion plans in France, Germany, and several other European countries.
Starting today, Streetlife members will be able to join their neighbors on Nextdoor. The Streetlife website and mobile apps will cease operations over the coming weeks, and members will be able to access their own legacy content and private messages during a 90-day transition period. Following the transition, Matthew Boyes, Streetlife’s Founder, will join Nextdoor as an Advisor and contribute his expertise in building thriving online communities.
Nirav Tolia, CEO of Nextdoor, said:
“Streetlife has built a wonderful, engaged community of neighbors, and we’re excited to welcome them to Nextdoor. Ultimately, this deal will help deliver on our mission to create the most useful neighborhood network in the UK – one that can be used by every neighbor, in every neighborhood, every day.”
Matthew Boyes, Founder of Streetlife, said:
“This is a fantastic outcome for Streetlife and our members. Ever since we first launched, our aim has been to build stronger, better connected communities, and teaming up with Nextdoor -– with whom we have a shared mission -– is a natural progression. It’s been an incredible journey so far, and I’m delighted that this deal will secure a long-term home for our members.”
Karen Riozzi, a member of both Streetlife and Nextdoor in South Ayrshire, said:
“As a member of both Nextdoor and Streetlife, it’s great news that we’re all going to be together in one place. Now it will be easier and more convenient for me and my neighbors to stay connected to everything going on in my neighborhood.”
About Nextdoor.com, Inc.
Nextdoor (nextdoor.com) is the private social network for neighborhoods. Using Nextdoor’s platform, available on the Web and on mobile devices, neighbors create private online communities where they get to know one another, ask questions, exchange advice and recommendations, and address crime and safety concerns. More than 125,000 neighborhoods across the United States are using Nextdoor to build stronger and safer places to call home. Headquartered in San Francisco, Calif., Nextdoor is a privately-held company with the backing of prominent investors, including Benchmark, Greylock Partners, Tiger Global Management, Kleiner Perkins Caufield & Byers, and others.
For additional information and images: nextdoor.com/newsroom
Polling data collected in a study of more than 2,000 people across the UK, conducted in August 2016 by One Poll. For full breakdown: nextdoor.co.uk/newsroom