GroundTruth

GroundTruth

Location-based data and insights provider

About

GroundTruth provides location-based data and insights to assist businesses in improving their marketing strategies and understanding consumer behavior. The company uses advanced technology and data analytics to offer solutions that leverage location intelligence for informed decision-making. By integrating various data sources, such as mobile and GPS data, GroundTruth enables businesses to track customer locations, movement patterns, and decision-making factors. This information is essential for optimizing marketing campaigns, enhancing customer engagement, and boosting overall business performance. GroundTruth's platform includes tools for analyzing foot traffic, targeting specific demographics, and measuring marketing effectiveness in real-time, allowing businesses of all sizes to utilize location data for a competitive advantage and to meet their strategic goals.

Company Stage

Series F

Employees

201-500

Industries

Data & Analytics, Consumer Goods

Total Funding

$135.8M

Headquarters

N/A

Founded

2009


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Simplify's Take

What believers are saying

  • Winning the 'Best Geolocation Platform' award in consecutive years highlights GroundTruth's consistent innovation and industry leadership.
  • Recognition as one of Ad Age's Best Places to Work for three consecutive years underscores a strong, inclusive company culture, making it an attractive workplace.
  • Strategic partnerships, such as the integration with Databricks, enhance GroundTruth's technological capabilities and market reach.

What critics are saying

  • The potential sale of the company introduces uncertainty, which could impact employee morale and strategic direction.
  • The highly competitive landscape of location-based marketing requires continuous innovation to maintain market position.

What makes GroundTruth unique

  • GroundTruth's platform uniquely integrates mobile and GPS data to provide real-time, location-based insights, setting it apart from competitors like PlaceIQ and Foursquare.
  • Their award-winning Ads Manager platform allows for hyper-precise geo-targeting and cross-device targeting, offering a comprehensive solution for marketers.
  • GroundTruth's focus on democratizing access to advanced location data, previously limited to large brands, gives them a competitive edge in the market.

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Growth & Insights
Headcount

6 month growth

0%

1 year growth

-3%

2 year growth

-4%

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