The Transform Technology Summits start October 13th with Low-Code/No Code: Enabling Enterprise Agility. Register now!
Tel Aviv, Israel-based mapping platform Mapme announced today that it raised $1 million in seed funding led by Israeli investors Gigi Levy-Weiss and Daniel Recanati.
Mapme is a user-generated maps tool targeted at companies and organizations. An organization can create a map based on an interest or topic and share it with customers, who can then add new locations. It’s like Foursquare, in the sense that maps can be sorted by activity. But unlike Foursquare, Mapme isn’t limited to lifestyle events like shopping and dining.
For example, the nonprofit Startup Ireland’s website has a map of the country’s startup sector and encourages other companies to add themselves if they’re not listed.
Founder and CEO Ben Lang said, “I’ve had numerous VCs reach out to me and tell me that they invested in startups that they discovered through the platform, and we’ve had constant requests from communities and organizations around the world to build their own maps.”
The platform’s beta is in over 30 countries and covers around 90 ecosystems. Mapme said the funds from the round will be used for global expansion and product development.
The 21-year-old CEO said the platform already has maps covering multiple topics including food, religion, tech, and health. “We want these maps to be useful for all types of sectors,” Lang said.
Although Lang is young, he says he has been working for tech startups since he was 14 years old.
VentureBeatVentureBeat's mission is to be a digital town square for technical decision-makers to gain knowledge about transformative technology and transact. Our site delivers essential information on data technologies and strategies to guide you as you lead your organizations. We invite you to become a member of our community, to access:
- up-to-date information on the subjects of interest to you
- our newsletters
- gated thought-leader content and discounted access to our prized events, such as Transform 2021: Learn More
- networking features, and more