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Placer.ai

Invest in Placer.ai

Artificial Intelligence

Founded: 2013

Headquarters: Covina, California

placer.ai

Status

Available

Last Round Valuation

$50 Billion

Share Price

$50.00

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About
Summary
Valuation

About Placer.ai

Placer.ai is an advanced location analytics platform which allows people with a stake in the physical world to generate insights into a location for a deeper understanding of the factors that could help drive success. With more than 4,500 customers, Placer.ai is the one of the first platforms that helps professionals in retail, commercial real estate, hospitality, economic development to better understand the data and help them maximize their offline activities.

Key Facts

According to Placer.ai, their Analytics Platform is transforming Location Intelligence.

Placer.ai offers an analytics solution that delivers real-time and historical insights into physical locations, helping businesses, investors, and organizations make data-driven decisions aboutntheir brick-and-mortar strategies.

Real-Time & Historical Insights: Placer.ai’s platform leverages anonymized mobile location datanto deliver up-to-the-minute and historical views of foot traffic patterns.

Detailed Consumer Analysis: Users can track visit frequency, dwell time, and demographicnprofiles, seeking to enable deeper understanding of customer behavior and preferences.

Competitive Benchmarking: Compare performance and market share against peers to refine strategies and stay ahead of industry trends.

Intuitive Dashboards & Reporting: A user-friendly interface intends to simplify the visualizationnof complex data, making it easier to identify actionable insights and present findings to keynstakeholders.

Strategic Decision-Making: From site selection and tenant mix to marketing campaigns andnoperational planning, Placer.ai’s analytics objective is to help reduce uncertainty and optimizenoutcomes.

Placer.ai’s revenue model primarily follows a subscription-based model (SaaS – Software as a Service),nwhere customers pay recurring fees to access its location intelligence platform and analytics tools.

According to TechCrunch in August 2024, Placer.ai reached a $100 million annual revenue run rate innFebruary and has experienced 80% growth in 2023, with projections to grow an additional 60% in 2024.nThe company now serves over 4,300 customers, a significant increase from 1,000 in 2022 when itnsecured its $100 million funding round.

“Reaching $100 million ARR is a significant milestone for Placer.ai,” said Noam Ben-Zvi, CEO ofnPlacer.ai. “Our growth reflects the critical role our platform plays in helping businesses adapt inna changing market landscape.”

“This achievement not only underscores our ongoing growth but also reinforces the trust ourncustomers have in Placer.ai,” said Dean Neese, Chief Financial Officer of Placer.ai. “Our team'sndedication to fostering strong relationships has been instrumental in reaching this milestone.”

In November 2024, Placer.ai was ranked #160 on the Deloitte Technology Fast 500, a ranking ofnthe 500 fastest-growing technology, media, telecommunications, life sciences, fintech, andnenergy tech companies in North America.

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Summary

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Customers

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Key Investors

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Size of Market

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Market Position

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Industry

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Primary Vertical

Artificial Intelligence

Employees

500

Mosaic Score

840

Money

760

Momentum

850

Management

760

Market

960

What is a Mosaic Score?

Key Officers

Name Work History Title Status
John Smith Aenean, quam eu, diam dignissim Chief Executive Officer Current
John Smith Aenean, quam eu, diam dignissim Chief Executive Officer Current
John Smith Aenean, quam eu, diam dignissim Chief Executive Officer Current
John Smith Aenean, quam eu, diam dignissim Chief Executive Officer Current

Valuation

Valuation Over Time

chart

Last Round

Sept. 2019, Series B1

Valuation Post-Money

$400.2M

Amount Raised

$2.5M

Total Funds Raised

$75.2M

Implied Valuation

$84M

Funding Rounds

Date Round Amount Valuation Investors
MM/DD/YYYY Growth Equity $1M $2.8B Name goes here
MM/DD/YYYY Growth Equity $1M $2.8B Name goes here
MM/DD/YYYY Growth Equity $1M $2.8B Name goes here
MM/DD/YYYY Growth Equity $1M $2.8B Name goes here

Competitive Landscape

Company Valued Revenue
Coinbase
San Francisco, CA
$2.8B $1.3B
Coinbase
San Francisco, CA
$2.8B $1.3B
Coinbase
San Francisco, CA
$2.8B $1.3B

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