Mappedin, a platform for creating and maintaining indoor maps, has announced it has raised a Series A round of funding led by Channel Equity Partners, a San Diego-based growth equity firm.
The investment funds will be used to support Mappedin’s growth mission, enabling the business to scale its team, bolster its go-to-market efforts, expand into new industries, and continue investing in its cutting-edge technology and products. Whether leveraged directly by end-customers or through its technology partners, Mappedin is a digital foundation for the “built environment”.
It provides best-in-class 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.
“We have been building a relationship with Mappedin for years and have deep conviction that, while outdoor mapping is largely “spoken for” already, the indoor mapping space is now at a critical inflection point and Mappedin is strongly positioned to execute amidst these market tailwinds. The company’s extensible platform and pre-built applications are currently helping solve key challenges across numerous venue types and use cases – and are applicable to countless more,” said Andrew Albert, Managing Partner and Co-Founder of Channel Equity Partners.
Mappedin is on a mission to enable “One Map Everywhere”. Whether it’s facilitating back-to-office initiatives, optimizing brick-and-mortar retail operations, helping travelers through complex airports, delivering fan experiences at stadiums, or powering IoT, the built environment requires accurate digital maps.
Mappedin’s solutions uniquely serve this need by automating and simplifying the traditional mapping process, allowing customers to create, maintain, publish, and utilize their indoor maps at scale.
