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§ Private Profile · New York City, NY, USA
Mapfit is a technology company.
Mapfit develops a platform for high-accuracy location data, mapping, and geocoding services. It offers door-to-door navigation and developer APIs for robust location-based experiences. The company prioritizes unparalleled mapping accuracy, detailing enriched address definitions. Its data pipeline integrates commercial, open, and curated datasets with imagery, ensuring updated geographic information. This comprehensive approach delivers granular detail for complex location needs across various applications.
Phillip Zakas and Emily Wrobel founded Mapfit in 2015, driven by the insight that existing mapping solutions lacked precision. They aimed to establish a new global standard for location data quality, emphasizing superior geocoding accuracy and rapid map rendering. The founders envisioned continually enhancing geographic information, addressing a critical need for granular location intelligence that surpassed available alternatives.
Mapfit serves developers and businesses requiring precise geographic and location-based capabilities. Its product suite integrates detailed maps, exact geocoding, and reliable directional data into client applications. The company’s vision centers on advancing location data quality and accessibility, fostering a future where its intelligence empowers diverse industries with an unparalleled understanding of the physical world.
Mapfit has raised $6.6M across 2 funding rounds.
Mapfit has raised $6.6M in total across 2 funding rounds.
Mapfit has raised $6.6M across 2 funding rounds. Most recently, it raised $6.0M Seed in June 2018.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jun 1, 2018 | $6M Seed | — | Balderton Capital, CSC Venture Capital, First Bight Ventures, Flex Capital, Charlie Songhurst, Jeremy Lizt, Scott Banister, Scott Faber, Auren Hoffman, Daniel Waterhouse, Jeroen Seghers, Joost DE Valk, Matias DE, Roderick Thompson, Weihua YAN, Claude Ritter | Announced |
| Oct 1, 2016 | $600K Seed | — | Brass PEN Ventures | Announced |
Mapfit is a technology company that built a high-accuracy mapping platform providing location data, customizable vector maps, navigation solutions, and geospatial analytics to developers and businesses.[2][3][4] It served app developers (iOS and Android) and websites in sectors like mapping, navigation, automotive, and logistics, solving key problems such as outdated map data, imprecise geocoding, and the "last-ten-feet" navigation challenge by autonomously processing imagery, telemetry, and spatial data for daily updates across billions of points.[1][2][4][6] The platform enabled door-to-door navigation by identifying building entrances for 95% of addresses and offered slim vector tiles up to 95% smaller than competitors while supporting 3D renderings and public transit info.[4][6] Founded in 2015 in New York, it raised $6.5M total (including a $5.5M seed in 2018) but appears inactive post-2020, listed as "Alive" at Convertible Note stage with no recent funding or updates.[2][4][6]
Mapfit was founded in 2015 in New York, New York, by a team aiming to disrupt the mapping industry dominated by giants like Google Maps.[2][3][6] The idea emerged from recognizing gaps in map accuracy and cost—such as expensive APIs and poor entrance-level precision—leading to a platform that ingests diverse data sources (imagery, telemetry, IoT) and uses algorithms to autonomously validate and update maps with minimal human input (15 staff vs. competitors' thousands).[4][5][6] Early traction built through developer-focused APIs and SDKs; a pivotal moment came in June 2018 with the platform launch and $5.5M seed funding announcement, highlighting its ability to process daily updates for large countries and enable superior UX like dynamic vector maps.[4][5][6]
Mapfit stood out in the mapping space through these key strengths:
Mapfit rode the 2010s boom in location-based services, fueled by rising demand for precise geospatial data in mobile apps, logistics, automotive (e.g., autonomous driving), and IoT amid smartphone proliferation and open data availability.[2][4][5][6] Timing was ideal post-2015, as developers sought alternatives to Google's pricey, less flexible Maps Platform, enabling Mapfit to challenge with automated, scalable accuracy using fewer resources.[5][6] It influenced the ecosystem by pushing competitors toward smaller tiles, better geocoding, and entrance-level nav, while its seed funding reflected VC bets on mapping disruption amid urbanization and smart city trends.[4][5]
Mapfit pioneered affordable, hyper-accurate mapping but likely wound down after 2020 with no activity since its last $400K raise five years prior, absorbed or pivoted amid Mapbox/Google dominance.[2] Next could involve acquisition by a geospatial firm like Sanborn or revival in AI-driven mapping if founders reemerge, shaped by trends like AV navigation, AR/VR overlays, and real-time IoT data fusion. Its legacy endures in pressuring the industry toward automation and precision, potentially amplifying influence via open-source echoes or team alumni in next-gen location tech—echoing its original promise to redefine map standards.[4][6]
Mapfit has raised $6.6M in total across 2 funding rounds.
Mapfit's investors include Balderton Capital, CSC Venture Capital, First Bight Ventures, Flex Capital, Charlie Songhurst, Jeremy Lizt, Scott Banister, Scott Faber, Auren Hoffman, Daniel Waterhouse, Jeroen Seghers, Joost de Valk.