dataplor: Global Location Intelligence Company Secures $10.6 Million

By Amit Chowdhry • Apr 19, 2024

dataplor, a leading provider of global location intelligence, announced a $10.6 million Series A funding round led by Spark Capital. This round, which included participation from Quest Venture Partners, Acronym Venture Capital, Circadian Ventures, Two Lanterns Venture Partners, and APA Venture Partners, will drive dataplor’s ongoing expansion, building the most accurate, comprehensive, and dynamically updated database of global Point of Interest (POI) data.

dataplor currently offers data coverage across over 200 countries and territories, encompassing over 300 million locations and over 15,000 brands. Companies in technology, mapping, search, third-party logistics, consumer packaged goods (CPG), telecom, investing, real estate, and finance depend on dataplor’s global, accurate coverage to power strategic decisions and investments. Through this latest funding, dataplor is positioned to expand its worldwide coverage and build its team.

dataplor’s approach merges technologies, including AI/ML, LLMs, and a purpose-built technology platform, with a global team of expert human validators. This combination allows the company to gather accurate, deduplicated, and verified location data while providing a framework for regular information updates to stay current.

Along with receiving accurate, updated, and global POI data coverage, dataplor’s customers also benefit from the company’s commitment to privacy. All of the information in dataplor’s datasets is gathered via direct contact with a business or through publicly available data and no personally identifiable information (PII) is used.

Spark Capital general partner Alex Finkelstein will join dataplor’s board of directors, which includes John Frankel, founding partner of ffVC.

KEY QUOTES:

“Our mission at dataplor has always been about unlocking the true potential of POI data, making it accessible and actionable at a global scale. This funding validates our vision and market-leading product and empowers us to accelerate our efforts, driving growth while aligned to our core values of accuracy, quality and privacy.”

– Geoff Michener, CEO and founder of dataplor

“dataplor solves a critical gap for companies seeking to scale in international markets: accurate, actionable data that unlocks business opportunities. We see a massive potential market opportunity ahead for dataplor, but we’ve also been impressed by their traction, winning dozens of Fortune 500 customers and growing revenue by an average of 2.5x year-over-year since 2020. We’re very confident in this company’s bright future.”

– Alex Finkelstein, General Partner at Spark Capital