About Mapon
Mapon is a company based in Riga (Latvia) founded in 2006.. Mapon has raised $3.28 million across 1 funding round. Mapon has completed 1 acquisition, including Interkom. Mapon operates in a competitive market with competitors including Samsara, Spireon, Radius, GreenRoad and Lytx, among others.
- Headquarter Riga, Latvia
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Sectors
Industrial Goods & ManufacturingTransportation, Automotive & Logistics
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Email
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Phone
*********
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Website
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Social
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- Legal Name Mapon Denmark Aps
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$3.28 M (USD)
in 1 rounds
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Latest Funding Round
$3.28 M (USD), Series A
Mar 11, 2024
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Investors
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Employee Count
Employee Count
- Investments & Acquisitions
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Funding Insights of Mapon
Mapon has successfully raised a total of $3.28M through 1 strategic funding round. The most recent funding activity was a Series A round of $3.28 million completed in March 2024. 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 Total Funding
- Total Rounds 1
- Last Round Series A — $3.3M
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First Round
First Round
(11 Mar 2024)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2024 | Amount | Series A - Mapon | Valuation |
investors |
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| 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 |
Investments & Acquisitions by Mapon
Mapon has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Interkom. 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.
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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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Provider of digital cloud services
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2020 |
| 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 - Mapon
| 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 |
Mapon Comparisons
Competitors of Mapon
Mapon 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 Samsara, Spireon, Radius, GreenRoad and Lytx, 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.
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| domain | founded_year | HQ Location |
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners.
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SaaS-enabled solutions for fleet and field service management are offered.
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Fleet telematics and management solutions for safe driving are provided.
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Provider of video telematics and fleet management solutions
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Equipment rental marketplace and digital tools for construction are offered.
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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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 Mapon
Frequently Asked Questions about Mapon
When was Mapon founded?
Mapon was founded in 2006 and raised its 1st funding round 18 years after it was founded.
Where is Mapon located?
Mapon is headquartered in Riga, Latvia.
Is Mapon a funded company?
Mapon is a funded company, having raised a total of $3.28M across 1 funding round to date. The company's 1st funding round was a Series A of $3.28M, raised on Mar 11, 2024.
What does Mapon do?
Mapon was founded in 2006 in Riga, Latvia, within the telematics sector. Vehicle tracking and fleet management solutions are offered, encompassing tracking software, hardware devices, mobile apps, and mobile trackers. White label options are available for customization. Key features include online vehicle monitoring, fuel consumption oversight, remote engine control, temperature surveillance, driver behavior evaluation, and detailed management reports for operational analysis.
Who are the top competitors of Mapon?
Mapon's top competitors include Samsara, Radius and EquipmentShare.
How many acquisitions has Mapon made?
Mapon has made 1 acquisition, including Interkom.
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