Product Line Growth:
Product scope has broadened from geofencing to an all‑in‑one location platform spanning Geofencing, Maps, Protect (geo‑compliance/fraud), and a new Reveal product for risky web and mobile traffic. Usage claims of 1B+ API requests per day across 300M+ devices and 1,000+ apps indicate products operating at meaningful scale.
Market Expansion:
Expansion into regulated iGaming is evidenced by licensure in 20+ states and deals with multiple top U.S. sportsbooks, pointing to traction in a high‑barrier vertical. The company also targets additional industries such as retail, restaurants, logistics, travel, payments, and regulated gaming on its site, broadening commercial reach.
Investor Backing & Capital Strength:
Capital raised totals $85.5M, including a $55M Series C in 2022, providing resources to invest in product and go‑to‑market. The company noted revenue doubling in the prior year at that time, aligning with a growth‑stage trajectory.
