📝 Mappedin raised $24.5M

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Mappedin has secured $24.5 million in Series B funding to scale its indoor mapping platform from individual buildings to entire city-wide environments. Led by Edison Partners with participation from Betatron Venture Group, the all-equity round brings the company's total funding to over $35 million as it aims to digitize the remaining 99% of global indoor space that lacks a digital layer. Mappedin leverages AI and LiDAR to transform complex floor plans into dynamic 3D maps for over 500 paying customers—including major airports like LAX and massive retail hubs like Simon Property Group—while expanding its mission-critical tools for first responders and public safety organizations. Currently growing at 50% year-over-year with eight figures in annual revenue, the 100-person firm expects to achieve profitability within the next year as it cements itself as the foundational spatial data layer for the world's most complex indoor infrastructures.

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