TLDR:
- dataplor, a global location intelligence company, secures a $10.6 million Series A funding round led by Spark Capital.
- The funding will drive dataplor’s expansion to build the most accurate, comprehensive, and updated global database of Point of Interest (POI) data.
dataplor, a leading provider of global location intelligence, recently announced a successful $10.6 million Series A funding round led by Spark Capital. The funding round also saw participation from Quest Venture Partners, Acronym Venture Capital, Circadian Ventures, Two Lanterns Venture Partners, and APA Venture Partners. This financial boost will enable dataplor to further expand its reach and develop a comprehensive database of global Point of Interest (POI) data. Currently, dataplor offers data coverage across more than 200 countries and territories, encompassing over 300 million locations and over 15,000 brands. Various industries such as technology, mapping, search, logistics, consumer goods, telecom, real estate, and finance rely on dataplor’s accurate and global coverage to make informed decisions and investments.
With a focus on continuous updates and accuracy, dataplor combines advanced technologies like AI/ML, LLMs, and a proprietary technology platform with a team of expert validators to maintain accurate and verified location data. dataplor’s commitment to privacy ensures that all information in its datasets is collected directly from businesses or publicly available sources, without any personally identifiable information being used. Spark Capital’s general partner, Alex Finkelstein, will be joining dataplor’s board of directors, which already includes John Frankel, the founding partner of ffVC.
CEO and founder of dataplor, Geoff Michener, expressed excitement about the funding, stating that it validates their vision and product, empowering them to accelerate growth while maintaining a focus on accuracy, quality, and privacy. Spark Capital’s Alex Finkelstein praised dataplor’s ability to provide accurate and actionable data for companies looking to scale in international markets, highlighting the company’s impressive track record with Fortune 500 customers and significant revenue growth. The future looks bright for dataplor, with a strong market potential ahead of them.
