About Location Sciences
Location Sciences is a publicly listed company based in London (United Kingdom) founded in 2017. Location Sciences has raised $3.71 million across 2 funding rounds from investors including Mahmud Kamani and Richard Hughes. The company has 9 employees. Location Sciences has completed 2 acquisitions, including Aconite Technology and Sorted. Its chief executive, as recorded, is Carmen Carey. Its focus areas include High Tech, Geographic Information Systems, Location Analytics and Horizontal. Its legal entity is LOCATION SCIENCES AI LIMITED.
Company details
Provides analytics solutions using location-based user data. It uses location-based user data collected through mobile geolocation and installed beacons to provide insight about user behavior to retail brands, shopping mall owners, financial services providers, etc. It claims to use statistical techniques (including machine learning) to derive its insights.
- Headquarters London, United Kingdom
- Employees 9
- Stage Public
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website locationsciences.ai
- Social LinkedIn X Facebook
- Legal Name Location Sciences Ai Limited
- Date of Incorporation 01 Aug, 2005
- Jurisdiction CHELTENHAM, GLOUCESTERSHIRE, UNITED KINGDOM
- Annual Revenue$231.01 K (USD)-47as on Dec 31, 2021
- Net Profit-$826.29 K (USD)-231as on Dec 31, 2021
- EBITDA-$982.92 K (USD)-105as on Dec 31, 2021
- Total Equity Funding$3.71M (USD)
in 2 rounds
- Employee Count9
- Investments & AcquisitionsAconite Technology
& 1 more
Funding Insights of Location Sciences
Location Sciences has successfully raised a total of $3.71M across 2 strategic funding rounds. 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 $3.71M
- Total Rounds 2
- First Round $3.71M
(Dec 2018)
- Investors Count 2
All 2 funding rounds of Location Sciences with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2021 | Series A | – | Mahmud Kamani, Richard Hughes | – | |
| Dec 2018 | $3.71M | Series A | – | – | – |
2 investors in total: 0 institutional and 2 angel.
Investors in Location Sciences
Location Sciences has secured backing from 2 investors, including angel investors. Prominent investors backing the company include Mahmud Kamani and Richard Hughes.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
MK Mahmud Kamani | unknown_a6e21c1da46544ffa | |||
RH Richard Hughes | Angel investor in Indian startups, focused on tech and innovation. | unknown_b5f31e6c5a1d45cea |
Investor details for Location Sciences
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People of Location Sciences
7 people are tracked at Location Sciences (4 in leadership, 2 in board & advisors, 1 in team); the tracked headcount is 9.
| Name | Role | Group |
|---|---|---|
Carmen Carey | CEO | Leadership |
Dan Greenall | VP Of Marketing & Product Management | Leadership |
Tim Cox | VP Of Customer Experience | Leadership |
Rob Whittick | Chief Operating Officer | Leadership |
Andy Roberts | Strategic Advisor | Board & advisors |
Kristina Lutz | Strategic Advisor | Board & advisors |
Stephania Echeverry | Finance & Operations Executive | Team |
Complete people profiles for Location Sciences
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Investments & Acquisitions by Location Sciences
Location Sciences has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Aconite Technology and Sorted.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
E-commerce shipping operations are managed via SaaS platform. | sorted.com | Manchester, United Kingdom | 2010 | Jan 2024 | $2.03M | |
Card management solution for EMV card issuers | aconitetechnology.com | London, United Kingdom | 2000 | Dec 2014 | •••• |
Complete acquisition details for Location Sciences
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Timeline of Location Sciences
6 dated milestones of Location Sciences across 16 years, from founding to its latest funding, stage changes and deals.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires Aconite Technology.
- Founded Location Sciences is founded.
- Funding First funding round of $3.7M.
- Funding Latest funding round, Series A,.
- Acquisition Acquires Sorted.
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Frequently Asked Questions about Location Sciences
Location Sciences was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Location Sciences is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Carmen Carey is the CEO of Location Sciences, as recorded in our data.
Location Sciences is a funded company, having raised a total of $3.71M across 2 funding rounds to date. The company's 1st funding round was a Series A of $3.71M, raised on Dec 2018.
Location Sciences has 9 employees.
Annual revenue of Location Sciences is $231.01K as on Dec 31, 2021.
Provides analytics solutions using location-based user data. It uses location-based user data collected through mobile geolocation and installed beacons to provide insight about user behavior to retail brands, shopping mall owners, financial services providers, etc. It claims to use statistical techniques (including machine learning) to derive its insights.
Location Sciences has made 2 acquisitions, including Aconite Technology, and Sorted.
Location Sciences has 2 investors. Key investors include Mahmud Kamani, and Richard Hughes.
Location Sciences operates through Location Sciences Ai Limited.