About MapsPeople
MapsPeople is a company based in Norresundby (Denmark) founded in 2007 by Michael Gram. It operates as a SaaS (Software-as-a-Service), and Licensing Model. MapsPeople has raised $8.39 million across 6 funding rounds from investors including Danmarks Eksport- og Investeringsfond and BankInvest. The company has 83 employees as of December 31, 2024. MapsPeople offers products and services including MapsIndoors, Wayfinding, and Search Functionality. MapsPeople operates in a competitive market with competitors including TomTom, NavInfo, TRX Systems, NNG and HighwayDelite, among others.
- Headquarter Norresundby, Denmark
- Employees 83 as on 31 Dec, 2024
- Founders Michael Gram
- Stage Public
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Sectors
Industrial Goods & ManufacturingTechnology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Mapspeople A/S
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Annual Revenue
$8.67 M (USD)53.47as on Dec 31, 2024
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Net Profit
$-6.9 M (USD)28.53as on Dec 31, 2024
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EBITDA
$-4.13 M (USD)50.56as on Dec 31, 2024
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Total Equity Funding
$8.39 M (USD)
in 6 rounds
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Latest Funding Round
- Investors
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Employee Count
83
as on Dec 31, 2024
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IPO & Listings of MapsPeople
MapsPeople is a publicly listed company on the GETTEX with ticker symbol 70R in Germany, operating in the Technology services 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.
Products & Services of MapsPeople
MapsPeople offers a comprehensive portfolio of products and services, including MapsIndoors, Wayfinding, and Search Functionality. 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.
Indoor maps are provided for smart building solutions.
Step-by-step directions are offered for user navigation ease.
Advanced search options are tailored for map exploration.
Unlock access to complete
Funding Insights of MapsPeople
MapsPeople has successfully raised a total of $8.39M across 6 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 Total Funding
- Total Rounds 6
- Last Round Last Round
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First Round
First Round
(04 Jan 2007)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Apr, 2024 | Amount | Post-IPO - MapsPeople | Valuation |
investors |
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| Dec, 2023 | Amount | Post-IPO - MapsPeople | Valuation |
investors |
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| Feb, 2023 | Amount | Post-IPO - MapsPeople | 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 MapsPeople
MapsPeople has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Danmarks Eksport- og Investeringsfond and BankInvest. 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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Provision of financing, loans, equity, and insurance for Danish export and investment activities.
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Founded Year | Domain | Location | |
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Asset management services are provided by BankInvest since 1969.
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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 MapsPeople
| 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 |
Financial Statements - MapsPeople
| 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 |
Mapspeople Comparisons
Competitors of MapsPeople
MapsPeople 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 TomTom, NavInfo, TRX Systems, NNG and HighwayDelite, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
SaaS-based navigation and location mapping solutions are developed.
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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 |
Sensor fusion algorithms for indoor tracking systems are developed.
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| domain | founded_year | HQ Location |
White-label connected car navigation and infotainment solutions are provided.
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| domain | founded_year | HQ Location |
Provider of an app-based location tracking 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 Mapspeople
Frequently Asked Questions about MapsPeople
When was MapsPeople founded?
MapsPeople was founded in 2007.
Where is MapsPeople located?
MapsPeople is headquartered in Norresundby, Denmark. It is registered at Norresundby, North Denmark Region, Denmark.
Who is the current CEO of MapsPeople?
Michael Gram is the current CEO of MapsPeople. They have also founded this company.
Is MapsPeople a funded company?
MapsPeople is a funded company, having raised a total of $8.39M across 6 funding rounds to date.
How many employees does MapsPeople have?
As of Dec 31, 2024, the latest employee count at MapsPeople is 83.
What is the annual revenue of MapsPeople?
Annual revenue of MapsPeople is $8.67M as on Dec 31, 2024.
What does MapsPeople do?
Indoor mapping solutions are developed by MapsPeople for integration into smart building products and businesses. Customizable and interactive maps are offered with features like search, wayfinding, and data visualization. Various industries such as workplaces, malls, events, airports, education, healthcare, retail, and stadiums are served. Partnerships are established globally to enhance smart building capabilities, including desk booking, occupancy sensors, and facility management. Significant time savings and faster delivery are achieved through their platform, MapsIndoors, which has received substantial investment.
Who are the top competitors of MapsPeople?
What products or services does MapsPeople offer?
MapsPeople offers MapsIndoors, Wayfinding, and Search Functionality.
Is MapsPeople publicly traded?
Yes, MapsPeople is publicly traded on GETTEX under the ticker symbol 70R.
Who are MapsPeople's investors?
MapsPeople has 2 investors. Key investors include Danmarks Eksport- og Investeringsfond, and BankInvest.
What is MapsPeople's ticker symbol?
The ticker symbol of MapsPeople is 70R on GETTEX.
What is MapsPeople's valuation?
The valuation of MapsPeople is $28.67M as of Jul 2020.
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