About MapQuest
MapQuest is a company based in Lancaster (United Kingdom) founded in 1996 was acquired by AOL in December 1999.. MapQuest has completed 2 acquisitions, including Everlater and SocialRadar. MapQuest offers products and services including Maps, Driving Directions, Live Traffic, Route Planner, and Mobile Apps. MapQuest operates in a competitive market with competitors including Waze, onXmaps, YAMAP, Fatmap and 2GIS, among others.
- Headquarter Lancaster, United Kingdom
- Stage Public
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Sectors
Technology
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Phone
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Website
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Social
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Products & Services of MapQuest
MapQuest offers a comprehensive portfolio of products and services, including Maps, Driving Directions, Live Traffic, Route Planner, and Mobile Apps. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Interactive maps for exploring locations and cities
Provides step-by-step routes for driving destinations
Delivers real-time traffic updates for safer travel
Assists in planning and printing custom travel routes
Offers mobile access to mapping and direction features
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Funding Insights of MapQuest
- Total Funding Total Funding
- Total Rounds 3
- Last Round Grant — $69,138
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Mar, 2015 | Amount | Grant - MapQuest | Valuation |
investors |
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| Sep, 2009 | Amount | Grant - MapQuest | Valuation |
investors |
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| Jul, 2009 | Amount | Grant - MapQuest | 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 |
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Investors in MapQuest
MapQuest has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include AOL, United States Department of Agriculture and European Union. 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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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Leadership is provided on agriculture, food, and rural development matters.
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Online news, entertainment, and financial content is delivered.
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by MapQuest
MapQuest has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Everlater and SocialRadar. 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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Delivers a social location-based mobile application for users.
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Travel experiences are recorded and shared via online journals.
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2008 |
| 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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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 - MapQuest
| 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 |
Mapquest Comparisons
Competitors of MapQuest
MapQuest 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 Waze, onXmaps, YAMAP, Fatmap and 2GIS, 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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Navigation and carpooling services are provided via a mobile app.
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Online maps for land ownership and outdoor navigation are provided.
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Mountaineering map application for offline smartphone tracking is provided.
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3D terrain maps for outdoor adventures are provided to skiers.
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Local discovery mobile app for city information services is offered.
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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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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Mapquest
Frequently Asked Questions about MapQuest
When was MapQuest founded?
MapQuest was founded in 1996 and raised its 1st funding round 13 years after it was founded.
Where is MapQuest located?
MapQuest is headquartered in Lancaster, United Kingdom. It is registered at Lancaster, Lancashire, United Kingdom.
What does MapQuest do?
MapQuest was founded in 1996 in Lancaster, United Kingdom, within the mapping and travel sector. Internet, wireless, and business mapping applications are offered to assist in locating places and navigation. Services encompass driving directions, local maps, and geo-tagged business directories. Personal travel blogs can be created and shared via social media, with visited locations mapped for community access. The company was acquired by AOL in 1999 for 1.1 billion.
Who are the top competitors of MapQuest?
What products or services does MapQuest offer?
MapQuest offers Maps, Driving Directions, Live Traffic, Route Planner, and Mobile Apps.
How many acquisitions has MapQuest made?
MapQuest has made 2 acquisitions, including Everlater, and SocialRadar.
Who are MapQuest's investors?
MapQuest has 3 investors. Key investors include AOL, United States Department of Agriculture, and European Union.
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