KitLocate
Latest round
- Seed
Last raised
- Nov 2013
Total raised
- $0.8M
Investors
- 2
About KitLocate
Founded in 2011 in Herzliya, Israel, KitLocate specializes in location-based services. In March 2014, KitLocate was acquired by Yandex, with financial terms undisclosed.Yandex, after acquiring KitLocate, has incorporated its location-based services into its technological offerings. The core product, an SDK, allows businesses to integrate geolocation functionalities into their applications for various uses, including user engagement and logistics tracking.Yandex generates revenue primarily through its location-based services SDK, which operates on a partnership model. Clients engage in B2B transactions, paying for access based on usage metrics or subscription models.Following its acquisition by Yandex, KitLocate's future growth strategy focuses on expanding its product offerings and entering new markets. There are plans to design additional products that enhance location services, although specific release dates are not provided. The company aims to penetrate further into international markets, particularly in North America and parts of Asia.
Who invested in KitLocate
2 investors across 2 rounds
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Questions about KitLocate
Who invested in KitLocate?
KitLocate has 2 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has KitLocate raised?
KitLocate has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did KitLocate last raise money?
KitLocate's most recent round on record is a Seed, in Nov 2013.
What does KitLocate do?
Founded in 2011 in Herzliya, Israel, KitLocate specializes in location-based services.
Where is KitLocate headquartered?
KitLocate is headquartered in Herzliya, Israel.
Which VCs invest in companies like KitLocate?
Among active investors with capital left to deploy, MPCi, Luminous Ventures, Zijin Venture Capital and Legend Capital back software companies at KitLocate's stage. Their profiles are linked below.
VCs backing software startups at Seed
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