dataplor, a Manhattan Beach, CA-based provider of global location intelligence solutions, raised $10.6M in Series A funding.
The round was led by Spark Capital with participation from Quest Venture Partners, Acronym Venture Capital, Circadian Ventures, Two Lanterns Venture Partners and APA Venture Partners. Alex Finkelstein, General Partner at Spark Capital, will join dataplor’s board of directors, which includes John Frankel, founding partner of ffVC.
The company intends to use the funds to accelerate its ongoing expansion, building a comprehensive and dynamically updated database of global Point of Interest (POI) data.
Led by Geoff Michener, CEO and Founder, dataplor is a geospatial data company that helps global enterprises grow abroad by mapping tough-to-reach markets with a privacy-first approach. Its proprietary approach merges technologies including artificial intelligence, machine learning, LLMs, and a purpose built technology platform with a global team of expert human validators. This combination allows the company to gather accurate, deduplicated and verified location data while providing a framework for regular updates to the information to stay current. Today, dataplor offers data coverage across more than 200 countries and territories, encompassing over 300 million locations and over 15,000 brands. Companies in industries including technology, mapping, search, third party logistics, consumer packaged goods (CPG), telecom, investing, real estate and finance already use dataplor’s global, accurate coverage to power strategic decisions and investments.
FinSMEs
18/04/2024