About MapsWithMe
MapsWithMe is a company based in Zug (Switzerland) founded in 2011.. MapsWithMe has raised $50 million across 3 funding rounds from investors including Alameda Research, Genesis Capital and Sam Bankman Fried. MapsWithMe offers products and services including MAPS.ME App and Offline Maps Service. MapsWithMe operates in a competitive market with competitors including Waze, Navigon, Time Travel Rome and Lucerne, among others.
- Headquarter Zug, Switzerland
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Sectors
TechnologyTravel & Hospitality Transportation, 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 Lékárna Taurus Hm S.R.O.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$50 M (USD)
in 3 rounds
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Latest Funding Round
$900 K (USD), Token Sale
Feb 01, 2021
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Investors
Alameda Research
& 4 more
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Employee Count
Employee Count
- Acquired by
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Products & Services of MapsWithMe
MapsWithMe offers a comprehensive portfolio of products and services, including MAPS.ME App and Offline Maps Service. 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.
App for downloading and using detailed offline maps on mobile devices.
Feature for route planning and exploration without internet access.
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Funding Insights of MapsWithMe
MapsWithMe has successfully raised a total of $50M across 3 strategic funding rounds. The most recent funding activity was a Token Sale round of $900 thousand completed in February 2021. 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 3
- Last Round Token Sale — $900,000
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First Round
First Round
(18 Jan 2021)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2021 | Amount | Token Sale - MapsWithMe | Valuation |
investors |
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| Jan, 2021 | Amount | Seed - MapsWithMe | Valuation |
investors |
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| Jan, 2021 | Amount | Seed - MapsWithMe | Valuation | Alameda Research |
| 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 MapsWithMe
MapsWithMe has secured backing from 4 investors, including institutional and angel investors. Prominent investors backing the company include Alameda Research, Genesis Capital and Sam Bankman Fried. 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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Operates a digital hub for cryptocurrency trading and services.
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Cryptocurrency lending services are offered by Genesis Capital.
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Online platform offering key-word based search engine
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| 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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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 MapsWithMe
| 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 - MapsWithMe
| 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 |
Mapswithme Comparisons
Competitors of MapsWithMe
MapsWithMe 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, Navigon, Time Travel Rome and Lucerne, 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 |
Navigation and carpooling services are provided via a mobile app.
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| domain | founded_year | HQ Location |
Integrated solutions for fleet management and vehicle tracking are provided.
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| domain | founded_year | HQ Location |
Offers app and blog for exploring ancient Roman historical sites globally.
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| domain | founded_year | HQ Location |
Promotes tourism in Lucerne with guides, events, and accommodation services.
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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 Mapswithme
Frequently Asked Questions about MapsWithMe
When was MapsWithMe founded?
MapsWithMe was founded in 2011 and raised its 1st funding round 10 years after it was founded.
Where is MapsWithMe located?
MapsWithMe is headquartered in Zug, Switzerland. It is registered at Zug, Zug, Switzerland.
Is MapsWithMe a funded company?
MapsWithMe is a funded company, having raised a total of $50M across 3 funding rounds to date. The company's 1st funding round was a Seed of $50M, raised on Jan 18, 2021.
What does MapsWithMe do?
MapsWithMe was established in 2011 in Zug, Switzerland, within the travel technology sector. An application is offered for navigation and guidance during city explorations, car journeys, cycling routes, and outdoor pursuits. Coverage extends to various global locations, with the app accessible on iOS and Android platforms. Operations focus on delivering offline maps and practical travel tools to users worldwide.
Who are the top competitors of MapsWithMe?
MapsWithMe's top competitors include Waze, Navigon and Time Travel Rome.
What products or services does MapsWithMe offer?
MapsWithMe offers MAPS.ME App and Offline Maps Service.
Who are MapsWithMe's investors?
MapsWithMe has 4 investors. Key investors include Alameda Research, Genesis Capital, Sam Bankman Fried, and Mail.Ru.
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