# Geodelic

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

- Industry: Internet
- Headquarters: Los Angeles, US
- Website: www.geodelic.com
- Total disclosed funding: $11M
- Latest round: Series B (Jun 28, 2010)
- Investors on record: 3

## About

Geodelic develops advanced location-based services that empower businesses to enhance customer engagement through tailored geolocation technologies, offering solutions across various sectors to improve user interaction and operational efficiency.Founded in 2007 and headquartered in Los Angeles, US, Geodelic specializes in location-based services. The company has pivoted its business strategy to focus on tailored content delivery based on users’ geographical data. The founder's history is not publicly detailed, and there are no known subsidiaries. Geodelic has successfully raised USD 7.00 mn in a Series B round led by MK Capital, with participation from Clearstone Venture Partners and Shasta Ventures, marking its total funding to date at USD 7.00 mn. The most recent funding round occurred on September 23, 2010, after engaging in a total of 3 deals.Geodelic.com specializes in providing innovative location-based services that leverage advanced geolocation technologies. Their core offerings enable businesses to enhance customer engagement by delivering tailored content and services based on the user's geographical location. Catering to a diverse range of industries, including retail, hospitality, and transportation, Geodelic focuses on improving operational efficiency and customer experience. Their solutions address specific use cases such as targeted marketing, personalized promotions, and real-time navigation assistance, serving both small and large enterprises across North America and Europe.The revenue structure of Geodelic.com is primarily built around subscription-based models and partnerships with businesses that require location-centric solutions. Clients subscribe to various service tiers offering a range of features, including analytics, customer insights, and content delivery options. By engaging Geodelic for their flagship geolocation service, businesses can implement personalized marketing campaigns based on user movement data, paying a fixed monthly fee according to their selected service package.Geodelic plans to utilize its recent funding from the Series B round to enhance its product offerings and expand its market presence. The funding will support the development of new products designed for more precise location-based services, with a targeted release date yet to be announced. Additionally, the company aims to expand into new geographic regions, focusing on increasing its client base in North America and Europe by 2012. The most recent investment in September 2010 from Verizon Ventures will aid in these initiatives.

## Funding rounds

- Series B, Jun 28, 2010, $7M — Clearstone Venture Partners, MK Capital, Shasta Ventures
- Series A, Dec 1, 2008, $3.5M — Clearstone Venture Partners, Shasta Ventures

## Investors

- Clearstone Venture Partners (https://capitalatlas.ai/funds/clearstone-venture-partners) — Series A, Series B
- Shasta Ventures (https://capitalatlas.ai/funds/shasta-ventures) — Series A, Series B
- MK Capital (https://capitalatlas.ai/funds/mk-capital) — Series B