# Hivemapper

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

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.hivemapper.com
- Total disclosed funding: $23M
- Latest round: Series A (Apr 5, 2022)
- Investors on record: 10

## About

Hivemapper Inc. is an innovative mapping company that utilizes AI technology to enhance fleet management and navigation through advanced, real-time data collection and analytics.Hivemapper Inc. was founded in 2015 and is headquartered in San Francisco, US. The company specializes in AI-driven mapping solutions and has undergone a successful funding round, raising USD 19.55 mn in Series A funding led by Multicoin Capital on April 5, 2022. The founders, Ariel Seidman and Evan Moss, bring their expertise to drive the company's vision forward.Hivemapper Inc. offers advanced mapping solutions powered by AI, including AI-based routing, real-time monitoring, and cost-saving optimizations. Their flagship product, the Hivemapper Dashcam, allows users to contribute to a constantly updated mapping dataset while driving, surpassing competitors in data freshness. Their clientele spans automotive industries, logistics, government agencies, and real estate firms across North America, Europe, and Asia.Hivemapper generates revenue through direct-to-consumer sales as well as partnerships. Their pricing structure offers flexibility, allowing clients to access mapping features via a subscription service without recurring fees. This model is designed to cater to both individual users and large enterprises, facilitating seamless integration into existing fleet management systems.In April 2022, Hivemapper raised USD 19.55 mn in Series A funding, which will be used to support the upcoming mainnet launch scheduled for summer 2022 and to onboard more map contributors. Additionally, the company plans to deliver the Hivemapper Dashcam in July 2022, enhancing their mapping capabilities. Future expansions are anticipated, focusing on increasing market penetration in North America, Europe, and Asia.

## Funding rounds

- Series A, Apr 5, 2022, $20M — Spark Capital, Founder Collective, Homebrew, Multicoin Capital, Craft Ventures, Shine Capital, Solana Capital, 75 & Sunny
- Seed, Nov 5, 2015, $3M — Spark Capital, GV, Harrison Metal, Founder Collective, Homebrew

## Investors

- Spark Capital — Seed, Series A
- GV (https://capitalatlas.ai/funds/gv) — Seed
- Harrison Metal (https://capitalatlas.ai/funds/harrison-metal) — Seed
- Founder Collective (https://capitalatlas.ai/funds/founder-collective) — Seed, Series A
- Homebrew (https://capitalatlas.ai/funds/homebrew) — Seed, Series A
- Multicoin Capital (https://capitalatlas.ai/funds/multicoin-capital) — Series A
- Craft Ventures (https://capitalatlas.ai/funds/craft-ventures) — Series A
- Shine Capital — Series A
- Solana Capital — Series A
- 75 & Sunny (https://capitalatlas.ai/funds/75-sunny) — Series A