Beans.ai

Palo Alto, United States Founded: 2018 • Age: 8 yrs
Location intelligence solutions are provided for efficient navigation and routing.
Annual revenue $273,459 Latest available
Total funding $17.0M 1 rounds
Employees - Tracked headcount
Investors 4 Known backers
Products 3 Services tracked
Competitors 9 Brand Intelligence

About Beans.ai

Beans.ai is a company based in Palo Alto (United States) founded in 2018 by Nitin Gupta and Akash Agarwal. It operates as a API-as-a-Product and SaaS (Software-as-a-Service). Beans.ai has raised $17 million across 1 funding round from investors including Mubadala, Venture Highway VC and Saama Capital. Beans.ai offers products and services including Geocoding API, Routing App & Dispatch, and Apartment Maps. Beans.ai operates in a competitive market with competitors including HERE, Zubie, OkHi, Routeware and Wise Systems, among others.

  • Headquarter Palo Alto, United States
  • Founders Nitin Gupta, Akash Agarwal
  • Sectors
    Transportation, Automotive & Logistics
    Real Estate & Construction
  • Email
    Locked
  • Phone
    Locked
  • Website
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  • Social
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  • Legal Name One Hundred Feet, Inc.
  • Date of Incorporation 07 May, 2019
  • Jurisdiction Bathinda, Punjab, India
Operational Areas
Transportation, Automotive & Logistics → Supply Chain, Freight & Logistics Unlock Sub-Sector Unlock Segment
Real Estate & Construction → Property Technology (PropTech) Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $273.46 K (USD)
    0
    as on Mar 31, 2022
  • Net Profit
    $7.75 K (USD)
    0
    as on Mar 31, 2022
  • EBITDA
    $19.86 K (USD)
    0
    as on Mar 31, 2022
  • Total Equity Funding
    $17 M (USD)

    in 1 rounds

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

    Oct 29, 2021

  • Investors
    Mubadala

    & 3 more

  • Employee Count
    Not available
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Products & Services of Beans.ai

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

Product name locked
Category locked
Primary

Accurate navigation points for deliveries are provided efficiently.

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

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

People of Beans.ai

Headcount 50-200
Employee Profiles 6
Employee Profiles
People
Jack Yu
Engineer (also CTO)
People
Abhinav Gupta
Head India Operations
People
Vibhu Singh
Chief Operating Officer
People
Angrej Singh
Graphic Designer

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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.

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.

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Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Venture capital investments and partnerships in diverse sectors.
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Early-stage investments are made in fintech, retail, and healthtech sectors.
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Sovereign wealth fund of United Arab Emirates
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Investor details for Beans.ai

Investor domains, locations, round participation, and complete history require an active premium plan.

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Investments & Acquisitions by Beans.ai

Investments
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Investment portfolio details for Beans.ai

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  • Transaction dates
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Financial Statements - Beans.ai

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Detailed financials for Beans.ai

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  • Profit trends
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Beans.Ai Comparisons

Beans.ai Primary company
Description
Location intelligence solutions are provided for efficient n...
Location
Palo Alto, United States
Founded Year
2018
Annual Revenue
$273.46 K (USD)
Net Profit
$7.75 K (USD)
EBITDA
$19.86 K (USD)
Employees
Not available
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Peer comparison for Beans.ai

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Competitors of Beans.ai

Beans.ai operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as HERE, Zubie, OkHi, Routeware and Wise Systems, among others.

Company Name Domain Founded year HQ Location Description
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Location-based services and mapping solutions are provided globally.
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Vehicle data is monitored through plugin devices for usage-based insurance.
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Provider of address standardization solutions for the delivery businesses
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Fleet operations are managed through software solutions provided by Routeware.
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Offers AI & web-based route optimization software
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Property-related information is managed by homeowners via an online platform.
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Detailed competitors of Beans.ai

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Latest news on Beans.Ai

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Complete news archive for 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.

Annual revenue of Beans.ai is $273.46K as on Mar 31, 2022.

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 HERE, OkHi and Zubie.

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.

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