Mapbox

Mapbox

Customizable mapping and location services

About Mapbox

Simplify's Rating
Why Mapbox is rated
B-
Rated B on Competitive Edge
Rated A on Growth Potential
Rated D+ on Rating Differentiation

Industries

Data & Analytics

Enterprise Software

Company Size

501-1,000

Company Stage

Growth Equity (Venture Capital)

Total Funding

$597.4M

Headquarters

Washington, District of Columbia

Founded

2011

Overview

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 scales with their growth. The goal of Mapbox is to empower clients to create applications that utilize advanced geospatial technology.

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Simplify's Take

What believers are saying

  • Growing demand for real-time traffic data boosts Mapbox's navigation services.
  • Partnerships with Hyundai and Zeekr enhance Mapbox's presence in the automotive sector.
  • Rising EV market creates opportunities for Mapbox's EV-specific navigation features.

What critics are saying

  • Competition from Google Maps and HERE Technologies threatens Mapbox's market share.
  • Rapid AI advancements may outpace Mapbox's current technological capabilities.
  • Reliance on automotive partnerships exposes Mapbox to potential market shifts.

What makes Mapbox unique

  • Mapbox offers customizable mapping services with advanced SDKs and APIs.
  • The company integrates AR and AI for enhanced navigation experiences.
  • Mapbox's Virtual Head Unit accelerates software validation for automotive clients.

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Funding

Total Funding

$597.4M

Above

Industry Average

Funded Over

6 Rounds

Notable Investors:
Growth Equity VC funding comparison data is currently unavailable. We're working to provide this information soon!
Growth Equity VC Funding Comparison
Coming Soon

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

0%

2 year growth

-2%
NS Digital World
Jan 18th, 2025
Zeekr and Mapbox collaborate for smart driving innovation

Zeekr partners with Mapbox to elevate smart driving experience.

PR Newswire
Jan 9th, 2025
Mapbox And Hyundai Autoever Show Ai-Driven 3D Navigation And Voice Experience At Ces 2025

Mapbox and Hyundai AutoEver unveil next-generation in-car technologies at CES 2025 Post thisMapbox 3D Live Navigation redefines in-car navigation with immersive, 3D lane-level guidance, augmented reality (AR) overlays, and real-time driver assistance. By combining Mapbox's navigation technology with Hyundai AutoEver's software-defined vehicle platform and Hyundai Mobis' AR-enabled cockpit domain controller, drivers benefit from turn-by-turn navigation enriched with advanced driver assistance systems (ADAS) alerts, such as collision warnings and lane departure notifications.Complementing the advanced navigation system is MapGPT, Mapbox's intelligent AI-powered location assistant. MapGPT enables natural, voice-driven interactions that provide dynamic routing, real-time traffic updates, hyper-local search, and voice-activated controls for in-car systems like reservations, climate, and music. For electric vehicles (EVs), MapGPT offers EV-specific features like real-time range monitoring and intelligent charging station recommendations."Our partnership with Mapbox brings our vision for a smarter, safer, and more engaging in-car experience to life," said Dongkwon Suh, Head of Navigation Business Division at Hyundai AutoEver. "With 3D Live Navigation and MapGPT, we're redefining what's possible in driving, enhancing safety and convenience through AI-powered technology.""With MapGPT and Mapbox 3D Live Navigation, we're transforming how drivers navigate," said Alex Barth, Vice President of Automotive at Mapbox. "Our collaboration with Hyundai AutoEver unlocks the power of AI to make every journey safer, smarter, and more connected, setting new standards for in-car navigation and the future of connected vehicles."At CES 2025, Mapbox and Hyundai AutoEver will demonstrate the synergy of Mapbox 3D Live Navigation and MapGPT

Techedge AI
Jan 9th, 2025
Mapbox and Cerence AI Partner to Revolutionize Voice-Powered Navigation for Automotive Industry

Mapbox, a leading provider of mapping and location services, has partnered with Cerence AI, a pioneer in voice AI, to integrate Mapbox's navigation services with Cerence's voice solutions, including its in-car assistant platform.

TMCnet
Jan 9th, 2025
Mapbox and Hyundai AutoEver Show AI-Driven 3D Navigation and Voice Experience at CES 2025

Mapbox and hyundai autoever unveil next-generation in-car technologies at CES 2025mapbox 3D live navigation redefines in-car navigation with immersive, 3D lane-level guidance, augmented reality (AR) overlays, and real-time driver assistance.

Večerní Praha
Jan 2nd, 2025
Zeekr Partners with Mapbox to Elevate Smart Driving Experience

Zeekr, the global premium electric mobility brand announces a new partnership with Mapbox, to utilize the leading mapping and navigation provider's flexible and powerful navigation platform and responsive mapping and location services to establish a unique, adaptable, and seamless in-car experience for customers in global markets.

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