CARTO is a leading cloud native Location Intelligence platform that was founded in 2012. The company's slogan "Unlock the power of spatial analysis" encapsulates its mission to enable organizations to leverage spatial data and analysis for efficient delivery routes, behavioral marketing, strategic store placements, and more. CARTO's significance lies in its ability to help businesses visualize and understand the 'why' behind where things happen, not just the 'where'. CARTO's last funding round was a notable $61.00M Series C investment, led by prominent investors including Accel, Insight Partners, Earlybird, Hearst Ventures, Kibo Ventures, Salesforce Ventures, EIF, The European Innovation Council, which took place on 14 December 2021. The company operates in the Enterprise Software and SaaS industries, with its headquarters based in the United States. CARTO is empowering data scientists, developers, and analysts to optimize business processes and predict future outcomes through the power of Spatial Data Science. As location data continues to play a crucial role in our lives and businesses, CARTO's innovative approach and strong investor backing position it as a significant player in the spatial analysis and intelligence space.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Series C | $61.00M | 8 | 14 Dec 2021 | |
Non Equity Assistance | Unknown | 1 | 16 Sep 2020 | |
Grant | €1.85M | 1 | 20 Mar 2020 | |
Series B | $23.00M | 4 | 10 Sep 2015 | |
Venture Round | Unknown | 2 | Miguel Arias, Employee Stock Option Fund | 01 Jan 2015 |