Beans.ai

Palo Alto, United States Founded: 2018 • Age: 8 yrs
Location intelligence solutions are provided for efficient navigation and routing.

About Beans.ai

Beans.ai is a Transportation, Automotive & Logistics company based in Palo Alto (United States) founded in 2018 by Nitin Gupta and Akash Agarwal. Location intelligence solutions are provided for efficient navigation and routing. It operates on a API-as-a-Product and SaaS (Software-as-a-Service) model in Transportation, Automotive & Logistics and Real Estate & Construction sectors. Beans.ai has raised $17 million across 1 funding round from investors including Mubadala, Venture Highway VC and Saama Capital. Its Indian entity One Hundred Feet Analytics India Private Limited reported revenue of β‚Ή3.57 Cr. Beans.ai offers products and services including Geocoding API, Routing App & Dispatch, and Apartment Maps. Its focus areas include Technology, Location Intelligence, Geocoding and Routing and Transportation. Its competitors include Zubie, Routeware and Wise Systems; 2 of its 3 listed competitors have raised funding.

Company details

Location intelligence tools and APIs are developed by Beans.ai to enhance navigation and routing efficiency. Solutions for geocoding, reverse geocoding, address verification, and route planning are offered to industries such as transportation, logistics, telecom, real estate, and public safety. Comprehensive data and visualizations for apartment maps and indoor navigation are provided, alongside dispatch and routing platforms integrated with industry leaders. Delivery times are reduced through precise doorstep geocodes and semantic waypoints, supporting drivers in locating specific unit numbers and property features.

  • Headquarters Palo Alto, United States
  • Founders Nitin Gupta, Akash Agarwal
  • Sectors
    Transportation, Automotive & Logistics
    Real Estate & Construction
  • Email
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  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website beans.ai
  • Social LinkedIn X Facebook
  • Legal Name One Hundred Feet, Inc.
  • Date of Incorporation 07 May, 2019
  • Jurisdiction Bathinda, Punjab, India
Key Metrics
  • Indian entity revenue
    ₹3.57 Cr

    FY 2024 · -6% YoY

  • Indian entity net profit
    ₹20,000

    FY 2024 · 0% margin

  • Indian entity EBITDA
    ₹17.2 Lakh

    FY 2024 · 5% margin

  • Total Equity Funding
    $17M (USD)

    in 1 rounds

  • Latest Funding Round
    $17M (USD), Series B

    Oct 2021

  • Investors
    Mubadala

    & 3 more

Products & Services of Beans.ai

Beans.ai offers a comprehensive portfolio of products and services, including Geocoding API, Routing App & Dispatch, and Apartment Maps.

Geocoding API
API & Data

Accurate navigation points for deliveries are provided efficiently.

Routing App & Dispatch
Routing Tools

End-to-end solutions for daily operations are offered comprehensively.

Apartment Maps
Visualizations

2D and 3D maps for apartments are created accurately.

Funding Insights of Beans.ai

Beans.ai has successfully raised a total of $17M through 1 strategic funding round. The most recent funding activity was a Series B round of $17 million completed in October 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $17M
  • Total Rounds 1
  • Last Round Series B β€” $17M
  • First Round $17M

    (Oct 2021)

  • Investors Count 4

All 1 funding rounds of Beans.ai with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Oct 2021$17MSeries B–Saama Capital, Amit Singhal
Valuation history

4 investors in total: 3 institutional and 1 angel.

Investors in Beans.ai

Beans.ai has secured backing from 4 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Mubadala, Venture Highway VC and Saama Capital.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Venture capital investments and partnerships in diverse sectors.
2012saama.vcBengaluru, India
Early-stage investments are made in fintech, retail, and healthtech sectors.
2015venturehighway.vcDelhi, India
Sovereign wealth fund of United Arab Emirates
2002mubadala.comAbu Dhabi, United Arab Emirates

Amit Singhal

Former Google Fellow, angel investor, focused on tech startups
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Investor details for Beans.ai

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Board of directors of One Hundred Feet Analytics India Private Limited (Beans.ai)

One Hundred Feet Analytics India Private Limited is the primary company behind Beans.ai. The board of One Hundred Feet Analytics India Private Limited currently have 2 directors; the longest-serving is Abhinav Gupta, appointed in 2019.

DirectorDesignationAppointedTenureEntity
Abhinav Gupta
DIN 02564545
Director07 May 20197 yrs 6 moOne Hundred Feet Analytics India Private Limited
Deepali Gupta
DIN 07067021
Director07 May 20197 yrs 6 moOne Hundred Feet Analytics India Private Limited

People of Beans.ai

7 people are tracked at Beans.ai (5 in leadership, 2 in team).

NameRoleGroup
Nitin Gupta
Co-FounderLeadership
Akash Agarwal
Co-FounderLeadership
Jack Yu
Engineer (also CTO)Leadership
Head India OperationsLeadership
Vibhu Singh
Chief Operating OfficerLeadership
Angrej Singh
Graphic DesignerTeam
Apurva Thakker
Software Engineer (sde-iii)Team
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Financials of Beans.ai

Figures of One Hundred Feet Analytics India Private Limited, the primary company behind Beans.ai, for FY 2024. Revenue was ₹3.57 Cr (-6% year on year). Net profit was ₹20,000 (0% margin). EBITDA was ₹17.2 Lakh (5% margin). Revenue has grown at a compounded annual rate of +27% over three years.

  • ₹3.57 CrRevenue · FY 2024 · -6% YoY
  • ₹20,000Net profit · 0% margin
  • ₹17.2 LakhEBITDA · 5% margin
  • ₹6 LakhPaid-up capital
  • +27%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of One Hundred Feet Analytics India Private Limited are on its company page.

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Detailed financial statements for Beans.ai

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Timeline of Beans.ai

2 dated milestones of Beans.ai across 3 years, from founding to its latest funding, stage changes and deals.

  1. Founded Beans.ai is founded.
  2. Funding First funding round of $17.0M.

Competitors of Beans.ai

Beans.ai has 3 listed competitors in our database, 2 of them funded. They include Zubie, Routeware and Wise Systems.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
zubie.com2012Charleston, United States$33.48M
Vehicle data is monitored through plugin devices for usage-based insurance.
routeware.com1999Beaverton, United States81
Fleet operations are managed through software solutions provided by Routeware.
wisesystems.com2014Cambridge, United States$73.14M39
Offers AI & web-based route optimization software
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Detailed competitors of Beans.ai

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Web traffic of Beans.ai

The website of Beans.ai (beans.ai) receives about 9.4K visits a month.

  • Monthly visits
    9.4K

    ▲ 164% vs previous month

Similar websites

Websites whose visitors overlap most with Beans.ai. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
beansroute.ai
beansroute.ai
100%
#1,434,198–

Top companies in Logistics Technology & Platforms

3 companies that operate in the same segment as Beans.ai (Logistics Technology & Platforms) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Food and grocery deliveries are facilitated through an app-based platform.
2013San Francisco, California, United StatesUSD 2.5 BUSD 10.72 B80,579
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners.
2015San Francisco, California, United StatesUSD 915 MUSD 1.62 B5,792
Cloud-based logistics software suite is provided for supply chain management.
1994Schaumburg, Illinois, United StatesUSD 35 MUSD 1.42 B3,600
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Related news about Beans.Ai

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Frequently Asked Questions about Beans.ai

Beans.ai was founded in 2018 and raised its 1st funding round 3 years after it was founded.

Beans.ai is headquartered in Palo Alto, United States. It is registered at Palo Alto, California, United States.

Beans.ai is a funded company, having raised a total of $17M across 1 funding round to date. The company's 1st funding round was a Series B of $17M, raised on Oct 2021.

The primary company behind Beans.ai, One Hundred Feet Analytics India Private Limited, reported revenue of β‚Ή3.57 Cr for FY 2024, down 6% year on year.

Location intelligence tools and APIs are developed by Beans.ai to enhance navigation and routing efficiency. Solutions for geocoding, reverse geocoding, address verification, and route planning are offered to industries such as transportation, logistics, telecom, real estate, and public safety. Comprehensive data and visualizations for apartment maps and indoor navigation are provided, alongside dispatch and routing platforms integrated with industry leaders. Delivery times are reduced through precise doorstep geocodes and semantic waypoints, supporting drivers in locating specific unit numbers and property features.

Beans.ai's top competitors include Zubie, Wise Systems and Routeware.

Beans.ai offers Geocoding API, Routing App & Dispatch, and Apartment Maps.

Beans.ai has 4 investors. Key investors include Mubadala, Venture Highway VC, Saama Capital, and Amit Singhal.

Beans.ai operates through One Hundred Feet Analytics India Private Limited.

The legal entities of Beans.ai currently have 2 directors, including Abhinav Gupta, Deepali Gupta.

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