# Location

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

- Industry: Software
- Headquarters: Worcester, US
- Website: www.locationinc.com
- Total disclosed funding: $0.8M
- Latest round: Series A (Jun 5, 2008)
- Investors on record: 1

## About

Location, Inc. provides comprehensive location-based data and analytics solutions focused on risk assessment for various industries, including insurance and real estate, through specialized tools and platforms.Location, Inc. specializes in risk assessment solutions through advanced location-based data analytics. The company raised USD 0.57 million in May 2010 from unspecified investors. It operates out of Worcester, US. Founded by individuals with a background in data analytics, the company has focused on developing key products to address market needs, without notable changes in its strategic direction.Location, Inc. specializes in providing advanced location-based data and analytics solutions aimed at risk assessment across various sectors. Their core product, RiskSuite, offers a suite of tools designed for insurance underwriters, including high-resolution crime risk analytics, a unique predictor of non-weather-related water and fire claims, and detailed segmentation for hail claims variations. Additionally, their NeighborhoodScout platform delivers over 650 data elements, which feature nationally-comparable crime rates and home value appreciation forecasts, making it an invaluable resource for real estate professionals and investors. These products are primarily utilized within the United States and Canada, serving a diverse clientele that includes insurance companies, real estate firms, and businesses engaged in direct marketing and corporate relocation.Location, Inc. generates revenue through a structured transaction model that includes subscription services for its risk analytics and data products. Clients typically engage in B2B partnerships where they access the RiskSuite and NeighborhoodScout platforms via tailored service agreements designed to meet specific business needs. For instance, insurance underwriters may subscribe to RiskSuite for ongoing access to crime risk analytics and claims prediction tools, facilitating informed underwriting decisions. The company offers various pricing plans based on the level of data access and the number of users, ensuring scalability for both small businesses and large enterprises. This structured approach to transactions underscores the company’s commitment to delivering high-value insights to its clients, effectively supporting their operational needs in risk management.Location, Inc. plans to leverage the recent financing of USD 0.57 million raised in May 2010 to enhance the development of its analytics tools and expand its market reach. The company is currently designing new features for its RiskSuite platform, with a target release date set for the end of 2021. Additionally, Location, Inc. aims to penetrate new markets in Canada and Mexico by 2022, aligning with its strategic growth initiatives.

## Funding rounds

- Series A, Jun 5, 2008, $0.8M — Slater Technology Fund

## Investors

- Slater Technology Fund (https://capitalatlas.ai/funds/slater-technology-fund) — Series A