About Redpoint Positioning
Redpoint Positioning is a company based in Boston (United States) founded in 2010.. Redpoint Positioning has raised $2.4 million across 3 funding rounds from investors including Stanley Ventures. The company has 14 employees as of December 31, 2022. Redpoint Positioning offers products and services including RTLS Software and UWB Hardware. Redpoint Positioning operates in a competitive market with competitors including TomTom, NNG, NavInfo, MapsPeople and BeeLine, among others.
- Headquarter Boston, United States
- Employees 14 as on 31 Dec, 2022
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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 Redpoint Positioning Corp.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.4 M (USD)
in 3 rounds
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Latest Funding Round
- Investors
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Employee Count
14
as on Dec 31, 2022
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Products & Services of Redpoint Positioning
Redpoint Positioning offers a comprehensive portfolio of products and services, including RTLS Software and UWB Hardware. 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.
Software for real-time asset and personnel monitoring in complex settings.
Hardware for precise, low-latency location systems in industrial environments.
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Funding Insights of Redpoint Positioning
Redpoint Positioning has successfully raised a total of $2.4M across 3 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 3
- Last Round Last Round
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First Round
First Round
(11 Oct 2016)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Oct, 2017 | Amount | Series A - Redpoint Positioning | Valuation |
investors |
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| Jun, 2017 | Amount | Series A - Redpoint Positioning | Valuation |
investors |
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| Oct, 2016 | Amount | Series A - Redpoint Positioning | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Redpoint Positioning
Redpoint Positioning has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Stanley Ventures. 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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Strategic investments are made in innovative startups by Stanley Ventures.
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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 Redpoint Positioning
| 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 - Redpoint Positioning
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Redpoint Positioning Comparisons
Competitors of Redpoint Positioning
Redpoint Positioning 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, NNG, NavInfo, MapsPeople and BeeLine, 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 |
White-label connected car navigation and infotainment solutions are provided.
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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 |
Indoor navigational platform is provided through API mapping tools.
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| domain | founded_year | HQ Location |
Vehicle tracking devices for cycles are manufactured with navigation features.
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| domain | founded_year | HQ Location |
Map applications for transportation location management are provided.
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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 Redpoint Positioning
Frequently Asked Questions about Redpoint Positioning
When was Redpoint Positioning founded?
Redpoint Positioning was founded in 2010 and raised its 1st funding round 6 years after it was founded.
Where is Redpoint Positioning located?
Redpoint Positioning is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Is Redpoint Positioning a funded company?
Redpoint Positioning is a funded company, having raised a total of $2.4M across 3 funding rounds to date. The company's 1st funding round was a Series A of $2.4M, raised on Oct 11, 2016.
How many employees does Redpoint Positioning have?
As of Dec 31, 2022, the latest employee count at Redpoint Positioning is 14.
What does Redpoint Positioning do?
Redpoint Positioning was founded in 2010 in Boston, United States, within the real-time location systems (RTLS) sector. Indoor positioning solutions are provided through a patent-pending technology that employs mobile network anchors. A self-localizing, self-calibrating, and self-healing mesh network is formed to achieve high precision at reduced costs compared to UWB methods. Operations focus on overcoming limitations of alternatives like Wi-Fi and Bluetooth for accurate tracking.
Who are the top competitors of Redpoint Positioning?
Redpoint Positioning's top competitors include TomTom, MapsPeople and NavInfo.
What products or services does Redpoint Positioning offer?
Redpoint Positioning offers RTLS Software and UWB Hardware.
Who are Redpoint Positioning's investors?
Redpoint Positioning has 1 investor. Key investors include Stanley Ventures.