Smart Buildings

Mappedin Secures $24.5m to Reshape the Indoor Mapping Market

This Research Note examines Canadian scaleup firm, Mappedin, which has recently closed a $24.5 million Series B funding round.  We explore the development of its indoor mapping solutions and its total venture funding before commenting on its evolution to a unified digital platform for complex multi-building environments. Mappedin Profile Established in 2011 and headquartered in Waterloo, Ontario, Canada, Mappedin offers a platform for digitizing indoor venues, managing spatial data, and building indoor mapping experiences. Whether leveraged directly by end-customers or through its technology partners, Mappedin provides solutions for malls, offices, stadiums, campuses, airports, and many other venues to tackle a variety of indoor mapping use cases, including wayfinding, asset and facility management, public safety, private security, and logistics. The firm has mapped more than 10 billion square feet across 86 countries, guiding over 450 million visitors. Some of the world’s largest properties use their maps, from Simon Property Group to LAX to Super Bowl stadiums. […]

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