Tech Company Financing Transactions
Hivemapper Funding Round
On 4/24/2022, Hivemapper raised $18 million in Series A funding from Multicoin Capital, 75 & Sunny and Craft Ventures.
Transaction Overview
Company Name
Announced On
4/24/2022
Transaction Type
Venture Equity
Amount
$18,000,000
Round
Series A
Investors
Multicoin Capital (Lead Investor) (Tushar Jain)
Proceeds Purpose
The new funds will be used to support Hivemapper's mainnet launch this summer, onboard more map contributors, and deliver the company's first crypto-integrated dashcam, the Hivemapper Dashcam, which is available for pre-order for $449 effective immediately with shipping to begin in July 2022.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
291 Alma St. L
Burlingame, CA 94301
USA
Burlingame, CA 94301
USA
Phone
Undisclosed
Website
Email Address
Overview
The Hivemapper Network is a global, crypto-mapping network that collects fresher, high resolution, and relevant map data in a more cost-effective way. Map contributors capture 4K street-level imagery with dashcams, carry out quality assurance, and annotate imagery. Map consumers leverage the map API across industries and use cases. Hivemapper is revolutionizing the mapping economy.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Founder
Ariel Seidman
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We do our best to document every notable VC transaction. VC transactions reported here are derived from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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