Mapbox

Mapbox

Customizable mapping and location services

About

Mapbox offers customizable mapping and location services for developers, businesses, and government agencies. Its main products include software development kits (SDKs) and application programming interfaces (APIs) that allow clients to integrate advanced mapping, navigation, and location features into their applications. Mapbox operates on a business-to-business model, charging clients based on subscription fees and usage, which allows for scalable revenue as clients grow. The goal of Mapbox is to empower users to create applications with advanced geospatial capabilities.

Company Stage

Growth Equity (Venture Capital)

Employees

501-1,000

Industries

Data & Analytics, Enterprise Software

Total Funding

$597.4M

Headquarters

N/A

Founded

2011


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Simplify's Take

What believers are saying

  • Collaborations with major companies like BMW, Toyota, and Hyundai Autoever highlight Mapbox's strong market presence and potential for growth.
  • The introduction of innovative solutions like MapGPT and digital twin technology positions Mapbox at the forefront of AI-driven geospatial services.
  • Mapbox's ability to integrate with existing ADAS systems without additional hardware offers significant cost savings and ease of adoption for automotive clients.

What critics are saying

  • The competitive landscape in geospatial technology is intense, with giants like Google Maps and HERE posing significant threats.
  • Dependence on high-profile partnerships means that any disruption in these relationships could impact Mapbox's market position and revenue.

What makes Mapbox unique

  • Mapbox offers a highly customizable and scalable suite of mapping and location services, setting it apart from competitors with more rigid solutions.
  • The company's partnerships with industry leaders like Snowflake, Maxar, and Hyundai Autoever enhance its capabilities in telecom visualization and automotive navigation.
  • Mapbox's Vision SDKs and AI-enhanced digital twin solutions provide advanced real-time data interpretation and geospatial analysis, which are unique in the market.

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Growth & Insights
Headcount

6 month growth

4%

1 year growth

15%

2 year growth

10%

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