About HERE
HERE is a company based in Eindhoven (Netherlands) founded in 1985 was acquired by BMW in August 2015.. HERE has completed 9 acquisitions, including ATS Garage, Acuity Mobile and Advanced Telematic. HERE operates in a competitive market with competitors including MapmyIndia, TomTom, Inrix, NavInfo and StreetLight, among others.
- Headquarter Eindhoven, Netherlands
- Stage Public
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Sectors
Transportation, Automotive & LogisticsTechnology
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Phone
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$362.77 K (USD), Grant
Feb 01, 2021
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Investors
BMW
& 7 more
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Employee Count
Employee Count
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Investments & Acquisitions
ATS Garage
& 8 more
- Acquired by
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IPO & Listings of HERE
HERE is a publicly listed company on the NYSE with ticker symbol NVT in USA, operating in the Electronic technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
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Sales and Marketing
29 people
Leadership Team
17 people
Product Management Team
15 people
Software Development Team
13 people
Board Team
11 people
Human Resources and Administration
10 people
Advisor Team
9 people
Legal and Compliance
7 people
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Funding Insights of HERE
- Total Funding Total Funding
- Total Rounds 10
- Last Round Grant — $362,774
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First Round
First Round
(01 Apr 2015)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Feb, 2021 | Amount | Grant - HERE | Valuation |
investors |
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| Dec, 2019 | Amount | Series A - HERE | Valuation | NTT Group , Mitsubishi Corporation |
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| Jan, 2018 | Amount | Grant - HERE | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in HERE
HERE has secured backing from 8 investors, including institutional and venture fund investors. Prominent investors backing the company include BMW, Mercedes-Benz and Nokia. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Investment in technology startups focusing on compute, AI, and related innovations.
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Founded Year | Domain | Location | |
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by HERE
HERE has strategically engaged in corporate development activities, having acquired 9 companies. Notable acquisitions include ATS Garage, Acuity Mobile and Advanced Telematic. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Over-the-air software updates are delivered for connected cars.
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2016 | ||||
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Software providers for telematics and connected car
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2013 | ||||
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Desti was founded as an AI-based travel planning startup.
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2011 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - HERE
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Here Comparisons
Competitors of HERE
HERE 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 MapmyIndia, TomTom, Inrix, NavInfo and StreetLight, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Digital maps and geospatial datasets are delivered via cloud platform.
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| domain | founded_year | HQ Location |
SaaS-based navigation and location mapping solutions are developed.
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| domain | founded_year | HQ Location |
Real-time, historical, and predictive traffic data solutions are provided.
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| domain | founded_year | HQ Location |
Digital maps, telematics, and dynamic traffic information solutions are provided.
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| domain | founded_year | HQ Location |
Transportation analytics solutions are provided via a data platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Here
Frequently Asked Questions about HERE
When was HERE founded?
HERE was founded in 1985 and raised its 1st funding round 30 years after it was founded.
Where is HERE located?
HERE is headquartered in Eindhoven, Netherlands. It is registered at Eindhoven, Noord-brabant, Netherlands.
Who is the current CEO of HERE?
Mike Nefkens is the current CEO of HERE.
What does HERE do?
Platform offering location-based services and mapping solutions. It provides maps and data, along with location services such as geocoding, search, rendering, positioning, routing, and tour planning. The platform includes tools like anonymizers and SDKs. Applications built on the platform include navigation systems and fleet management solutions. Its services support automated driving, digital cockpits, and EV routing and charging. A digital HD map is a key component for highly automated driving use cases.
Who are the top competitors of HERE?
HERE's top competitors include TomTom, MapmyIndia and Inrix.
Is HERE publicly traded?
Yes, HERE is publicly traded on NYSE under the ticker symbol NVT.
How many acquisitions has HERE made?
HERE has made 9 acquisitions, including ATS Garage, Acuity Mobile, and Advanced Telematic.
Who are HERE's investors?
HERE has 8 investors. Key investors include BMW, Mercedes-Benz, Nokia, Audi, and Mitsubishi Corporation.
What is HERE's ticker symbol?
The ticker symbol of HERE is NVT on NYSE.
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