A Big Investment in LoT for a Big Opportunity in On-Demand Business
This week MapAnything is celebrating a significant milestone -- the closing of our $42.5m Series C round of financing. Our growth and evolution has been an amazing experience thus far and we’re just getting going! In just a few short years, we’ve proven that Location-of-Things (LoT) data is an essential component of growth and customer satisfaction for field-based sales and services organizations. Our technology has generated over two million routes, and is used by over 100,000 mobile workers in over 2,000 companies around the globe. We’re the world’s leading innovator in map-based technology for the enterprise, with four patents pending. We’re envisioning a better world of work and we’re just beginning!
More important than the growth of MapAnything, is the growth our customers achieve by using MapAnything LoT in conjunction with Salesforce. For example, Valvoline has achieved 60% increase in sales effectiveness. And they’re not alone. Our customers are seeing their customer interactions increase by up to 25%, resulting in higher sales and customer satisfaction, less competitive pressures, and happier sales reps who make more money and spend less time driving.