About Spatialedge
Spatialedge is a company based in Stellenbosch (South Africa) founded in 2016 by Cronje Fourie, Philip Perold, Retief Gerber, Frank Ortmann, and Jacques Toit. It operates as a AI-as-a-Service, and Professional Services. Spatialedge has raised $3.15 million across 1 funding round from investors including Hlayisani Capital. Spatialedge offers products and services including AI Engine, Price Optimisation, Predictive Maintenance, and Credit Decisioning. Spatialedge operates in a competitive market with competitors including Palantir, Quantexa, Faculty, Esker and SatSure, among others.
- Headquarter Stellenbosch, South Africa
- Founders Cronje Fourie, Philip Perold, Retief Gerber, Frank Ortmann, Jacques Toit
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Sectors
Technology
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$3.15 M (USD)
in 1 rounds
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Latest Funding Round
$3.15 M (USD), Series A
Apr 17, 2024
- Investors
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Employee Count
Employee Count
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Products & Services of Spatialedge
Spatialedge offers a comprehensive portfolio of products and services, including AI Engine, Price Optimisation, Predictive Maintenance, and Credit Decisioning. 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.
Platform enhances data systems for AI app deployment.
Tool optimises pricing across products in multiple countries.
Tool predicts machine maintenance to reduce mining incidents.
Suite offers tools for real-time credit decision systems.
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Funding Insights of Spatialedge
Spatialedge has successfully raised a total of $3.15M through 1 strategic funding round. The most recent funding activity was a Series A round of $3.15 million completed in April 2024. 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 1
- Last Round Series A — $3.2M
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First Round
First Round
(17 Apr 2024)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Apr, 2024 | Amount | Series A - Spatialedge | Valuation |
investors |
| 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 Spatialedge
Spatialedge has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Hlayisani Capital. 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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Hlayisani Capital is engaged in private equity and venture capital investments in Africa.
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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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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 Spatialedge
| 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 - Spatialedge
| 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 |
Spatialedge Comparisons
Competitors of Spatialedge
Spatialedge 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 Palantir, Quantexa, Faculty, Esker and SatSure, 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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Platform that provides data analysis and management solutions
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AI-powered data and decision intelligence solutions are provided for businesses.
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Provider of a data science platform and AI services
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| domain | founded_year | HQ Location |
AI and cloud-enabled source-to-pay automation solutions are provided for businesses.
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Geospatial data analytics are powered by AI for business insights.
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Cloud-based DBaaS and decision support software are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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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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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Spatialedge
Frequently Asked Questions about Spatialedge
When was Spatialedge founded?
Spatialedge was founded in 2016 and raised its 1st funding round 8 years after it was founded.
Where is Spatialedge located?
Spatialedge is headquartered in Stellenbosch, South Africa. It is registered at Stellenbosch, Western Cape, South Africa.
Who is the current CEO of Spatialedge?
Retief Gerber is the current CEO of Spatialedge. They have also founded this company.
Is Spatialedge a funded company?
Spatialedge is a funded company, having raised a total of $3.15M across 1 funding round to date. The company's 1st funding round was a Series A of $3.15M, raised on Apr 17, 2024.
What does Spatialedge do?
Spatialedge is engaged in developing and operationalising advanced analytical solutions that provide measurable business value through decision-making tools. Services are offered across various industries including retail, telecom, mining, and finance. Solutions such as price optimisation, predictive maintenance, and credit decisioning are integrated into clients systems. The company is supported by a team of expert engineers and partnerships to enhance data-driven decision-making processes.
Who are the top competitors of Spatialedge?
What products or services does Spatialedge offer?
Spatialedge offers AI Engine, Price Optimisation, Predictive Maintenance, and Credit Decisioning.
Who are Spatialedge's investors?
Spatialedge has 1 investor. Key investors include Hlayisani Capital.