CARTO

CARTO

Cloud platform for location intelligence analysis

About

CARTO offers a cloud-based platform for location intelligence and geospatial analysis, helping businesses understand the significance of their data in relation to geographic locations. The platform allows users to create and publish maps quickly, making it easier for various industries, such as real estate and agriculture, to visualize and analyze data. Unlike traditional GIS tools, CARTO's service is accessible to a wider range of users, not just specialists. The company's goal is to optimize operations for its clients and expand its global presence across 150 countries.

Company Stage

Series C

Employees

201-500

Industries

Food & Agriculture, Data & Analytics, Real Estate

Total Funding

$94.9M

Headquarters

N/A

Founded

2012


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Simplify's Take

What believers are saying

  • Being named Snowflake Telecom Data Cloud Product Partner of the Year 2024 highlights CARTO's industry recognition and credibility.
  • The launch of new features and enhancements, including a Kubernetes self-hosted version, demonstrates CARTO's commitment to innovation and user empowerment.
  • CARTO's global presence in 150 countries indicates significant market penetration and growth potential.

What critics are saying

  • The competitive landscape in location intelligence and geospatial analysis is intense, requiring continuous innovation to maintain market position.
  • Dependence on partnerships for enriched data and capabilities could pose risks if these alliances falter.

What makes CARTO unique

  • CARTO's platform democratizes geospatial analysis, making it accessible to data science teams beyond traditional GIS specialists.
  • Their strong partnerships, such as with Snowflake and dataPlor, enhance the platform's capabilities and data richness, setting them apart from competitors.
  • CARTO's focus on operational optimization across diverse sectors like telecommunications, real estate, and agriculture showcases its versatile application.

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Growth & Insights
Headcount

6 month growth

-7%

1 year growth

-4%

2 year growth

52%

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