EvaluateLocate secures £300k in seed funding to expand geospatial predictive models
The geospatial intelligence start-up closed a seed round valuing the firm at £2.8m alongside launching its UK application.
EvaluateLocate provides geospatial intelligence tools that combine spatial reasoning technology with visual analysis. The company delivers instant metrics and economic insights for locations across the UK.
EvaluateLocate has secured £300k in a seed funding round, bringing its valuation to £2.8m. The capital will be directed towards building new geospatial predictive models and expanding the company's growth.
The London-based geospatial intelligence firm also released its subscription app for the UK market, marking the initial phase of an intended international rollout. The application incorporates over 100 metrics to index and rate locations throughout the country.
From the founder
"We believe every decision maker should have access to location insight on demand. This investment brings that closer and accelerates our product pipeline. We are addressing the growing need for precise and constantly updated location intelligence. The UK market alone is huge, while globally this is already a 100 billion dollar market. Our unique technical architecture enables high-resolution, predictive location intelligence at scale in seconds."
Adam Kirby
CEO at EvaluateLocate
Use of funds
- 01Continue product development
- 02Expand into international markets
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About the company
EvaluateLocate
EvaluateLocate provides instant geospatial intelligence and location analysis for businesses.