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

New York City, New York

Founded

2009


Simplify Jobs

Simplify's Take

What believers are saying

  • Growing demand for location-based advertising enhances GroundTruth's market opportunities.
  • Expansion of 5G networks improves real-time location data accuracy for GroundTruth.
  • Increased collaboration with retail businesses boosts in-store traffic and sales for GroundTruth.

What critics are saying

  • Increased competition from PlaceIQ and Foursquare threatens GroundTruth's market share.
  • Potential sale of GroundTruth may lead to strategic instability.
  • Data privacy concerns may arise from integration with Databricks and Amazon SageMaker.

What makes GroundTruth unique

  • GroundTruth's Blueprints technology maps real-world behaviors for superior consumer insights.
  • Their first-party database includes 95 million active monthly users across 100 million locations.
  • GroundTruth's Ads Manager platform offers geo-targeting and cross-device targeting capabilities.

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Growth & Insights
Headcount

6 month growth

0%

1 year growth

-4%

2 year growth

-5%

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