# Carmera

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/carmera

- Industry: Software
- Headquarters: Brooklyn, US
- Website: www.carmera.com
- Total disclosed funding: $27M
- Latest round: Series B (Aug 23, 2018)
- Investors on record: 6

## About

Carmera, Inc. is a technology company focused on delivering innovative mapping and data solutions for the autonomous vehicle sector, enhancing navigation and operational capabilities for self-driving cars.Founded in 2015 and headquartered in Brooklyn, US, Carmera, Inc. provides advanced mapping solutions tailored for the autonomous vehicle industry. The company has executed a total of 5 deals, with its most recent funding round being a Series B, raising USD 20.00 mn on July 15, 2021, led by GV and participated by Matrix Partners. The company does not have any known subsidiaries or parent companies.Carmera specializes in providing advanced mapping and data solutions tailored for the autonomous vehicle industry. Their core product offerings include high-definition, real-time mapping services that enhance the navigational capabilities of self-driving vehicles. By utilizing a combination of computer vision and machine learning technologies, Carmera’s products are designed to address key challenges in autonomous navigation such as environment perception, obstacle detection, and route optimization. These services are particularly valuable to clients in the automotive sector, including major automotive manufacturers and technology firms focused on developing self-driving technologies. Carmera’s solutions are deployed in various geographical markets, with a strong presence in North America and Europe, catering to a diverse client base ranging from startups to established automotive giants.Carmera generates revenue through a subscription-based model and strategic partnerships with automotive manufacturers and technology providers. Clients engage with Carmera to access its mapping services, which are integral to the development and deployment of autonomous vehicle systems. The company structures its transactions around tailored agreements, allowing clients to subscribe to different tiers of service based on their specific needs, which may include access to real-time data updates and customization options for their mapping requirements. This B2B approach ensures that clients receive the necessary support and resources to integrate Carmera's offerings effectively into their operational frameworks. The flagship products, central to these agreements, are designed to enhance the accuracy and reliability of autonomous navigation systems, thereby solidifying Carmera's position in the market.Carmera, Inc. is focused on enhancing its product portfolio and expanding into new markets. The company plans to launch new mapping features and tools, targeting a release within the coming fiscal year. Additionally, Carmera intends to enter the Asian markets and further strengthen its presence in Europe, with strategic expansion planned through 2023. The recent Series B funding of USD 20.00 mn will support these initiatives, facilitating the development of new products and market entry efforts.

## Funding rounds

- Series B, Aug 23, 2018, $20M — Matrix Partners, GV
- Series A, Jun 6, 2017, $6.4M — Matrix Partners, Resolute Ventures, Notation
- Seed, Sep 1, 2016, $0.7M — Hone Capital
- Seed, May 27, 2015 — Resolute Ventures, E-Merge

## Investors

- Resolute Ventures (https://capitalatlas.ai/funds/resolute-ventures) — Seed, Series A
- E-Merge (https://capitalatlas.ai/funds/e-merge) — Seed
- Hone Capital — Seed
- Matrix Partners (https://capitalatlas.ai/funds/matrix-partners) — Series A, Series B
- Notation (https://capitalatlas.ai/funds/notation) — Series A
- GV (https://capitalatlas.ai/funds/gv) — Series B
