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
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- 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
Not available
- 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.
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.
People of MapsPeople
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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.
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.
| 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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Asset management services are provided by BankInvest since 1969.
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Investor details for MapsPeople
Investor domains, locations, round participation, and complete history require an active premium plan.
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Investments & Acquisitions by MapsPeople
Investment portfolio details for MapsPeople
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- Portfolio identities
- Transaction dates
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Financial Statements - MapsPeople
Detailed financials for MapsPeople
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Mapspeople Comparisons
Peer comparison for MapsPeople
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- Named peers
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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.
| Company Name | Domain | Founded year | HQ Location | Description |
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SaaS-based navigation and location mapping solutions are developed.
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Digital maps, telematics, and dynamic traffic information solutions are provided.
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Sensor fusion algorithms for indoor tracking systems are developed.
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White-label connected car navigation and infotainment solutions are provided.
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Provider of an app-based location tracking platform
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Detailed competitors of MapsPeople
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Latest news on Mapspeople
Complete news archive for MapsPeople
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Frequently Asked Questions about MapsPeople
MapsPeople was founded in 2007.
MapsPeople is headquartered in Norresundby, Denmark. It is registered at Norresundby, North Denmark Region, Denmark.
Michael Gram is the current CEO of MapsPeople. They have also founded this company.
MapsPeople is a funded company, having raised a total of $8.39M across 6 funding rounds to date.
As of Dec 31, 2024, the latest employee count at MapsPeople is 83.
Annual revenue of MapsPeople is $8.67M as on Dec 31, 2024.
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.
MapsPeople offers MapsIndoors, Wayfinding, and Search Functionality.
Yes, MapsPeople is publicly traded on GETTEX under the ticker symbol 70R.
MapsPeople has 2 investors. Key investors include Danmarks Eksport- og Investeringsfond, and BankInvest.
The ticker symbol of MapsPeople is 70R on GETTEX.
The valuation of MapsPeople is $28.67M as of Jul 2020.