Geodelic has raised $7 million in a second round of funding. Geodelic is available on the Android and iPhone application store. Users can click on an icon such as coffee shop or bars and immediately see what is near them. Geodelic also allows advertisers send offers to users based on which venue they are at. Geodelic has been downloaded over 500,000 times on Android. MK Capital was the lead investor in Geodelic. Clearstone Ventures and Shasta Ventures also participated in this round of funding. Geodelic was founded by Rahul Sonnad. [paidContent]

On of the most popular applications on the Google Android Market is called Sherpa. The application was developed by a company called Geodelic.  Sherpa uses location-based data to provide contextual suggestions for Android users. The application uses a learning system by the name of GENIE (Geodelic ENgine for Interest Evaluation) to learns a find out a user’s favorite locations.

For example, if the user enjoys eating more than shopping, Sherpa will recommend more restaurants than retail stores. The application uses the GPS on the phone to make the recommendations. The recommendations are given in a carousel view as shown in the screenshot above, but the view can also be switched to a map view.  The results can be filtered by type such as groceries, restaurants, banks, theaters, coffee shops, etc.

Franchises listed in the application generally have more information and reviews than the mom-and-pop shops.  However the mom-and-pop shops also have the company’s address and directions available.  There is also a search option that allows users to discover the pre-populated lists of services and establishments.