CARTO

carto.com ↗ ·New York ·Series C

CARTO is a cloud-native location intelligence platform for spatial analytics, GIS and web mapping. Data scientists, analysts and developers use it to run geospatial analysis directly on top of cloud data warehouses such as Google BigQuery, Snowflake, Amazon Redshift and Databricks, sold as software-as-a-service. Customers include JLL, Mastercard, T-Mobile, Telus, Vodafone, IKEA, Decathlon and Coca-Cola, for use cases such as site selection, geomarketing, route optimisation and network planning. Founded in Madrid in 2012 by Javier de la Torre and Sergio Álvarez as CartoDB, the company raised a $7M Series A in 2014, a $23M Series B in 2015 led by Accel, and a $61M Series C in December 2021 led by Insight Partners, with participation from Accel, Salesforce Ventures, Hearst Ventures, Earlybird, Kibo Ventures and the EIC Fund.

Founded
2012
Founders
2
Total funds raised
$92M
Rounds
3
Investors
8
Last round
Dec 2021
SectorsGeospatial Analytics, Location Intelligence, Data Analytics, SaaS, GIS Start-up MapAI & Data › Industrial & geospatial analytics

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Founders

Javier de la Torre
Founder & Chief Strategy Officer
Sergio Álvarez
Co-founder

Global models 5

Mapbox
United States · www.mapbox.com ↗
Sells cloud mapping, location data and geospatial developer tools as a subscription and usage-based platform to enterprises and developers.
$500MComparable
Foursquare
United States · foursquare.com ↗
Sells a location intelligence platform and places data to enterprises for geospatial analytics, site selection and targeting.
$390MComparable
Placer.ai
United States · www.placer.ai ↗
Sells location analytics as SaaS to retailers, real-estate and consumer brands for site selection and footfall analysis, the same use cases CARTO serves.
$275MComparable
Orbital Insight
United States · orbitalinsight.com ↗
Sells a geospatial analytics software platform to enterprise and government analysts who run location-based analysis on large datasets.
$130MComparable
Descartes Labs
United States · descarteslabs.com ↗
Offers a cloud geospatial analytics platform on a subscription basis for data scientists running spatial models at scale.
$120MComparable

In the same niche 13 others

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Notes: Most funded first

Investors 8

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Funding rounds 3

DateRoundAmountLead
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