Factual
Latest round
- Series B
Last raised
- Sep 2018
Total raised
- $100M
Investors
- 13
About Factual
Factual Inc.Founded in 2008 in Los Angeles, US, Factual Inc. offers comprehensive data solutions aimed at leveraging location intelligence. The company recently underwent a significant change when it was acquired by Foursquare Labs, Inc. in April 2020. Ela Stapley, the founder of Factual, has a history of entrepreneurship in the data and technology sector.Factual is primarily known for its comprehensive data solutions that enable businesses to leverage location data effectively. The company focuses on providing geolocation and business data services through its flagship offerings, which include a robust API for developers and a suite of data management tools tailored for various industries. These products are designed to solve challenges related to location intelligence, data accuracy, and real-time analytics, catering to use cases in sectors such as retail, advertising, and logistics. Factual serves a diverse client base that includes technology firms, advertising agencies, and retailers, which utilize its data to enhance customer targeting, improve operational efficiency, and drive business decisions.Factual generates revenue through a subscription-based model, offering clients access to its data solutions via tiered pricing plans that align with their specific data consumption needs. This transactional structure allows businesses to choose from various packages based on the volume of data and level of service required, fostering scalable solutions for both small businesses and large enterprises. Clients typically enter into contracts that outline the terms of service, including the duration and scope of data access, which solidifies long-term partnerships. Key revenue drivers for the company include its core data services, which have established a reputation for delivering high-quality, actionable insights to end-users., Factual is poised to leverage its existing strengths to introduce new products that enhance geolocation capabilities, although specific release dates have yet to be disclosed. The company is planning to expand its services into additional geographic regions, with targeted efforts in Europe and Asia over the next two years.
Who invested in Factual
13 investors across 4 rounds
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Questions about Factual
Who invested in Factual?
Factual has 13 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Factual raised?
Factual has raised 4 venture rounds. Sign up free to see how much each round raised and the total.
When did Factual last raise money?
Factual's most recent round on record is a Series B, in Sep 2018.
What does Factual do?
Factual is a software company.
Where is Factual headquartered?
Factual is headquartered in Los Angeles, US.
Which VCs invest in companies like Factual?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Factual's stage. Their profiles are linked below.
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