dataplor Secures $10.6M Series A Funding to Expand Global Location Intelligence Platform | Martech Edge | Best News on Marketing and Technology
dataplor Secures $10.6M Series A Funding to Expand Global Location Intelligence Platform

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dataplor Secures $10.6M Series A Funding to Expand Global Location Intelligence Platform

dataplor Secures $10.6M Series A Funding to Expand Global Location Intelligence Platform

Business Wire

Published on : Apr 22, 2024

With over 300 million places in its database from more than 200 countries and territories, dataplor is poised to further expand its position as the leader in providing international location data to the world’s leading enterprises

dataplor, the leading provider of global location intelligence, secures a $10.6 million Series A funding round led by Spark Capital, along with Quest Venture Partners, Acronym Venture Capital, and other prominent investors. This investment will fuel dataplor's expansion efforts to enhance its comprehensive database of global Point of Interest (POI) data, empowering companies across industries to make informed strategic decisions.


1. Expanding Global Coverage and Database:
   - dataplor's Series A funding aims to accelerate the expansion of its global coverage, encompassing over 300 million locations across 200 countries and territories.
   - The company's comprehensive database provides accurate and dynamically updated POI data, supporting strategic decisions for companies in technology, mapping, search, logistics, CPG, telecom, real estate, and finance industries.

2. Innovative Technology and Approach:
   - dataplor employs a proprietary approach that merges artificial intelligence, machine learning, large language models (LLMs), and a purpose-built technology platform.
   - This combination enables dataplor to gather accurate, deduplicated, and verified location data while ensuring regular updates to stay current and relevant.

3. Validation and Market Traction:
   - Spark Capital's investment underscores dataplor's market-leading product and vision, validating its mission to unlock the true potential of POI data.
   - dataplor has experienced significant traction, winning numerous Fortune 500 customers and achieving an average revenue growth of 2.5x year-over-year since 2020.

4. Commitment to Privacy and Compliance:
   - dataplor prioritizes privacy by gathering information through direct contact with businesses or publicly available data, avoiding the use of personally identifiable information (PII).
   - This ethical approach ensures compliance with regulations and legal standards, safeguarding customers from any regulatory or legal repercussions.


With the support of Spark Capital and other investors, dataplor is poised to expand its global location intelligence platform, providing accurate and actionable data to businesses worldwide. By leveraging innovative technologies and maintaining a commitment to privacy and compliance, dataplor continues to drive growth and deliver value to its customers across various industries. Join dataplor in unlocking the potential of location intelligence for strategic decision-making and business success.