dataplor, a leading provider of global location intelligence, announced it has raised $20.5 million in Series B funding. The round was led by F-Prime Capital, with participation from other unnamed investors. This investment will fuel dataplor's expansion of its global point-of-interest (POI) data coverage, enhance its product offerings, and accelerate its overall growth.
dataplor's platform provides businesses with accurate, dynamic location data, addressing a significant gap in the market where much existing international POI data is outdated or inaccurate. This comprehensive data, covering over 350 million POIs in more than 250 countries, empowers businesses to make better strategic decisions regarding expansion, resource allocation, and understanding consumer behavior globally. The company emphasizes a privacy-first approach, ensuring compliance and ethical data practices.
The new funding will allow dataplor to further refine its AI-powered data collection and validation processes, ensuring the continued accuracy and timeliness of its insights. This will be crucial in supporting its growing list of enterprise clients across various sectors, including technology, finance, and retail, who rely on dataplor's data for critical business decisions.
The company's recent launch of a global mobility product, offering monthly refreshed foot traffic data, further strengthens its position as a key player in the location intelligence market. This expansion, coupled with the new funding, positions dataplor for significant future growth and market leadership.
