StreetCred Labs is a Blockchain startup founded in 2018 with the mission to provide accessible place data for businesses, consumers, and application developers. The company aims to address the challenge of obtaining accurate and up-to-date location information that is currently controlled by a few companies, leading to poor coverage in smaller markets and outdated data. The company has recently secured a $1.00M Seed Round investment on 20 June 2018 from prominent investors including Bowery Capital, Wonder Ventures, Notation Capital, and Studio VC.
StreetCred Labs is developing a protocol to incentivize the collection and maintenance of place data globally, allowing anyone to participate for appropriate incentives while ensuring the data's openness and accessibility. By addressing the challenges associated with maintaining accurate and fresh place data, the company seeks to provide a solution beneficial for businesses, consumers, and developers. The company is headquartered in the United States and has recently released its app for iOS and Android, emphasizing the accessibility of their data solutions.
The company's emphasis on democratizing place data and its recent investment traction from well-known venture capital firms positions StreetCred Labs as an intriguing player in the emerging space of blockchain-driven data solutions. With its clear focus on addressing critical industry pain points and its commitment to openness, the company presents an interesting opportunity for potential investors seeking exposure to innovative data solutions in the digital age.
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