NextBillion.ai is a spatial data and AI platform that enables enterprises to build, scale, and manage their own mapping ecosystems. They offer location tools and APIs, using an AI-powered platform to solve complex location-based problems for industries like logistics, transportation, and delivery services. NextBillion.ai aims to create customizable mapping solutions, allowing businesses to "own their mapping stack". They have partnered with companies like Otonomo and utilize cloud infrastructure services such as Alibaba Cloud.
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The enhanced maps built by NextBillion.ai with Otonomo data will support real-time incident detection and safe or available parking space identification.
NextBillion.ai provides an enterprise Map Data + AI platform in the geospatial data space.
Otonomo Technologies Ltd. and NextBillion.ai formed a partnership through which NextBillion.ai will offer its customers access to multi-layered, multi-brand OEM connected vehicle data from Otonomo’s platform across North America and Europe.
Otonomo supplies global embedded vehicle data that will be processed and provided within NextBillion.ai’s platform.
NextBillion.ai previously raised a $7,000,000 Series A round last year from Lightspeed and Falcon Edge Capital.
NextBillion.ai aims to build a geospatial data platform that delivers configurability, reliability, and performance across structured, semi-structured, and unstructured data.
NextBillion.ai received a $6,250,000 investment from M12, Microsoft’s venture fund.
NextBillion.ai raised $7,000,000 in a Series A funding round co-led by Lightspeed Venture Partners and Falcon Edge Capital when it reached six months in business.
NextBillion AI built a nimble AI platform on Google Cloud that allows clients to choose plug-and-play modules depending on their use cases.