Mappedin has raised $24.5M in Series B funding, led by Edison Partners with participation from Betatron Venture Group, to accelerate its vision for indoor mapping.
Mappedin builds digital maps for complex indoor spaces like malls, airports, and large venues, making it easier for people to navigate and for businesses to power location-based experiences.
The company’s roots go back more than a decade to founder Hongwei Liu’s time as an engineering student at the University of Waterloo, with early momentum supported by $25,000 in funding from Velocity in 2011.
Today, Mappedin has mapped over 10 billion square feet across 86 countries, helping guide more than 450 million visitors. Its technology is used by major destinations including Simon Property Group, Los Angeles International Airport, and Super Bowl stadiums.