Mapfit, a NYC-based provider of a map platform for developers, closed a $5.5m seed funding round.
Backers included:
– Cavalry Ventures (DeliveryHero),
– Weihua Yan (Diapers.com, Quidsi),
– Roderick Thompson (ePlanet Capital, Baidu, Skype),
– Auren Hoffman (Safegraph, Liveramp),
– Daniel Waterhouse (Balderton),
– Jeroen Seghers (Sourcepoint),
– Matias de Tezanos (Hoteles.com, PeopleFund) and
– Joost de Valk (Yoast).
Mapfit provides websites and app developers (iOS and Android) with a map platform that ingests imagery, telemetry and spatial data sets, autonomously maintaining the locations of billions of map data points. The platform is capable of processing map updates for very large countries on a daily basis, and with limited human supervision. Frequently updated maps are made available to developers through Mapfit’s APIs, SDKs and vector map server.
The company simultaneously launched a new vector map service, which offers fully dynamic and interactive maps at speeds which were previously only possible through static images. Developers can choose between highly detailed map renderings offering 3D buildings and public transit information, or slim vector tiles which offer a reduced dataset for door-to-door walking, driving and biking navigation.
The company also has a satellite office in Washington, DC.
FinSMEs
12/06/2018