GroundTruth

New York, United States Founded: 2003 • Age: 23 yrs
A location analytics platform for marketing applications is provided.
Annual revenue $4.1M Latest available
Total funding $157.8M 14 rounds
Employees 131 Tracked headcount
Investors 13 Known backers
Products 3 Services tracked
Competitors 9 Brand Intelligence

About GroundTruth

GroundTruth is a company based in New York (United States) founded in 2003. GroundTruth has raised $157.84 million across 14 funding rounds from investors including Microsoft, SVB and W Capital Partners. The company has 131 employees as of April 04, 2024. GroundTruth has completed 3 acquisitions, including Addy, OnFleet and WeatherBug. GroundTruth offers products and services including Ads Manager, Managed Service, and Blueprint Technology. GroundTruth operates in a competitive market with competitors including Foursquare, CARTO, Blis, Geoblink and Cuebiq, among others.

  • Headquarter New York, United States
  • Employees 131 as on 04 Apr, 2024
  • Sectors
    Technology
    Media & Entertainment
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
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  • Legal Name Groundtruth India Private Limited
  • Date of Incorporation 01 Sep, 2018
  • Jurisdiction New Delhi, Delhi, India
Operational Areas
Technology → Geospatial, Imaging & Sensing Technology Unlock Sub-Sector Unlock Segment
Media & Entertainment → Marketing, Advertising & Adtech Unlock Sub-Sector Unlock Segment
Media & Entertainment → Marketing, Advertising & Adtech Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $4.09 M (USD)
    38.2
    as on Mar 31, 2023
  • Net Profit
    $398.86 K (USD)
    67.76
    as on Mar 31, 2023
  • EBITDA
    $717.52 K (USD)
    69.15
    as on Mar 31, 2023
  • Total Equity Funding
    $157.84 M (USD)

    in 14 rounds

  • Latest Funding Round
    $18 M (USD), Series F

    Jul 11, 2018

  • Investors
    Microsoft

    & 12 more

  • Employee Count
    131

    as on Apr 04, 2024

  • Investments & Acquisitions
    Addy

    & 2 more

  • Acquired by

    (Mar 25, 2026)

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Products & Services of GroundTruth

GroundTruth offers a comprehensive portfolio of products and services, including Ads Manager, Managed Service, and Blueprint Technology.

Product name locked
Category locked
Primary

Platform for setting up and optimizing media campaigns independently.

Product name locked
Category locked
Locked

End-to-end service for running targeted advertising campaigns.

Product name locked
Category locked
Locked

Technology for mapping real-world behaviors to build and measure audiences.

People of GroundTruth

Headcount 200-500
Employee Profiles 93
Board Members and Advisors 4
Employee Profiles
People
Elizabeth Powers
Director Of Communications & Marketing
People
Priti S.
Talent Acquisition Lead
People
Toby Carter
Vice President Of Partnerships
People
Santhosh Kumar E
Senior Ad Operations Manager

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Funding Insights of GroundTruth

GroundTruth has successfully raised a total of $157.84M across 14 strategic funding rounds. The most recent funding activity was a Series F round of $18 million completed in July 2018. 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 GroundTruth

GroundTruth has secured backing from 13 investors, including institutional and venture fund investors. Prominent investors backing the company include Microsoft, SVB and W Capital Partners.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital investments in technology startups are facilitated by M12.
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Tech focused Early and growth stage VC firm investing in the US
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Growth in technology companies is supported through venture capital.
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Investor details for GroundTruth

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Verified entity values are shown only after access is granted.

Investments & Acquisitions by GroundTruth

GroundTruth has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Addy, OnFleet and WeatherBug.

Investments
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Investment portfolio details for GroundTruth

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  • Portfolio identities
  • Transaction dates
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Verified entity values are shown only after access is granted.

Acquisitions
Company Name Description Domain Location Founded Year Amount
Cloud-based software is utilized for last-mile delivery management.
Locked Locked 2012 Locked
Provider of self service ad marketplace
Locked Locked 2010 Locked
Provider of weather solutions and information
Locked Locked 1993 Locked
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Complete acquisition details for GroundTruth

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Financial Statements - GroundTruth

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Detailed financials for GroundTruth

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Groundtruth Comparisons

GroundTruth Primary company
Description
A location analytics platform for marketing applications is ...
Location
New York, United States
Founded Year
2003
Annual Revenue
$4.09 M (USD)
Net Profit
$398.86 K (USD)
EBITDA
$717.52 K (USD)
Employees
131
As of 2024
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Peer comparison for GroundTruth

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Competitors of GroundTruth

GroundTruth 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 Foursquare, CARTO, Blis, Geoblink and Cuebiq, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Foursquare is recognized as a leader in geospatial technology.
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Cloud based integrated solutons for software development
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Location-based data is analyzed for advertising and consumer insights.
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Location intelligence is delivered via a SaaS geospatial BI platform.
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AI-based business intelligence solutions are delivered for retail analytics.
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Detailed competitors of GroundTruth

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Verified entity values are shown only after access is granted.

Latest news on Groundtruth

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Complete news archive for GroundTruth

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Frequently Asked Questions about GroundTruth

GroundTruth was founded in 2003.

GroundTruth is headquartered in New York, United States. It is registered at New York, New York, United States.

Stephen McCarthy is the current CEO of GroundTruth.

GroundTruth is a funded company, having raised a total of $157.84M across 14 funding rounds to date.

As of Apr 04, 2024, the latest employee count at GroundTruth is 131.

Annual revenue of GroundTruth is $4.09M as on Mar 31, 2023.

GroundTruth was founded in 2003 in New York, United States, within the marketing technology sector. A platform for location analytics is operated to support marketing efforts. Services encompass audience targeting, location targeting, weather targeting, location display SDK integration, and advertisement management tools. Operations focus on driving in-store traffic and sales through location-based solutions. Marketers, publishers, and channel partners are served across the United States.

GroundTruth's top competitors include Foursquare, Blis and Data Sutram.

GroundTruth offers Ads Manager, Managed Service, and Blueprint Technology.

GroundTruth has made 3 acquisitions, including Addy, OnFleet, and WeatherBug.

GroundTruth has 13 investors. Key investors include Microsoft, SVB, W Capital Partners, SoftBank, and M12.

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