MapAnything Raises $42.5M in Series C Funding

by StartupWorld Staff         

MapAnything which is a Charlotte-based provider of Location Of Things solutions has now secured $42.5 Million in the funding round of Series C.

The investors include the GM Ventures and Andrew Leto, and some of the existing investors from the Salesforce Ventures, Harbert Growth Partners, David Stern, Greycroft. In conjunction, with the funding Andrew Leto, the Executive Chairman of the emerge going to join as the Board of Director of the company.

The company as of now has a plans to use the funds for the deeper relationship with the strategic partners, broaden the developer community, expand its reach in the market, and also to increase its Research and Development efforts.

The startup which is led by the John Stewart CEO, MapANyhting provides the location of Things software which creates the location awareness within the system of work, where the field sales and service activity is planned, executed and tracked easily. It also allows the enterprises to automate the complex business processes and make informed decisions with a combination of patent-pending routing and scheduling engine, integrated GPS tracking capabilities, and an intuitive location-based visual layer.

The company as of now provide the services to the manufacturing, large financial and CPG companies in the Fortune 500 and Forbes Global 2000.

mapanything raises c funding

“In a world where everyone and everything is connected, location-based insights open up entirely new opportunities to transform the customer experience,” said Mike Rosenbaum, EVP of Product at Salesforce. “We're excited about the continued impact MapAnything's location-based solutions, combined with the world's #1 CRM, will deliver for customers.”

“We have seen firsthand how the most sophisticated fleet managers in the world rely on connectivity to optimize their investments in vehicles and people, and we’re just starting to scratch the surface of what’s possible using sophisticated tools like MapAnything,” said Ed Peper, Vice President, GM Fleet.

“The ability of BtoB enterprises to derive value from the location is a game changer for organizations with large mobile workforces,” said John Stewart, CEO, and Co-founder of MapAnything. “But historically, geographic intelligence has been limited to those with advanced analytics and GIS experience.  MapAnything is democratizing location data to accelerate the productivity of mobile workers and enable customer experiences that exceed expectations.”


4.4/5

110 Reviews

Your rate 3 stars is recorded

About Author

StartupWorld Staff

StartupWorld is the destination to learn about new and upcoming startups making waves on the web. Being an entrepreneur is as much hard work as it is fun. No one knows it better than you do. Share your story, send it in and let us showcase it to the world.

Comments ()

Leave a Comment