Swedish crowdsourced mapping platform Mapillary raises $8 million in Series A funding

Mapillary, a crowdsourcing street level mapping platform, has closed an $8 million Series A funding round from Atomico, Sequoia, LDV Capital, and PlayFair.

The Swedish startup, based in Malmö, collates and merges users’ photographs globally to construct an expansive street level view and 3D maps of cities and remote locations alike. The startup turns to its users to populate its maps with photographs from people on the ground, especially in regions where cars can’t go.

Recently it has been involved in projects to map regions in the developing world and is working with the World Bank in Tanzania while back home it works with city governments.

“While the world collects the data, we’re working to make it valuable. Google’s Street View pictures aid the occasional navigator, but Mapillary’s collection is a tool for more serious decisions,” said the startup in its announcement.

The fresh round of funding will be used to fill in gaps in its global maps and create solutions for governments, businesses, and non-profits. Mapillary also has a partnership with global information systems software company Esri to provide real time monitoring via the ArcGIS platform of how cities’ and regions’ maps are evolving.

“Mapillary is making a new class of information accessible for everyone. Their work to accumulate and democratize images of the world is important to our global development — for how we understand our world and how we act on that understanding,” said a spokesperson for investor Atomico.

Mapillary previously raised a seed round of $1.5 million in 2015 led by Sequoia Capital.

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