dataplor Raises $20.5M Series B to Scale Global Location Intelligence and Accelerate Product Growth
Following the recent international mobility product launch, dataplor continues rapid growth with new funding to scale global POI coverage, enhance customer solutions, and power smarter business decisions.
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MANHATTAN BEACH, Calif. — dataplor, a leading provider of global location intelligence, today announced the close of a $20.5 million Series B funding round, led by F-Prime, with participation from Spark Capital, FFVC, Acronym Venture Capital, Two Lanterns Venture Capital, APA Ventures, dara5, and Alumni Ventures.
The new investment will accelerate dataplor's growth, expand its product offerings, and scale its global location intelligence products. This funding comes on the heels of dataplor's global mobility product launch, which delivers monthly refreshed, privacy-compliant foot traffic data across international markets—unlocking powerful new insights for customers. Combined with its proprietary Point of Interest (POI) data, dataplor now offers businesses the most comprehensive and privacy-forward view of real-world consumer behavior on a global scale.
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'Businesses around the world are realizing how critical accurate, dynamic location data is to their strategy,' said Gaurav Tuli, Partner at F-Prime. 'dataplor has built a truly differentiated solution that combines global scale, data quality, and compliance in a way we haven't seen before. We're thrilled to support their next phase of growth.'
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Businesses rely on precise, dynamic location data to make strategic decisions—yet much of the available international POI data is outdated, incomplete, or inaccurate, particularly in emerging markets. This gap creates billions of dollars in missed opportunities for companies trying to expand, allocate resources, or understand consumer behavior across borders. dataplor's location intelligence fills this void, covering over 350 million POIs in more than 250 countries and territories, serving customers in technology, financial services, retail, logistics, consumer packaged goods (CPG), mapping, real estate, and more. Today, dataplor supports dozens of enterprise customers globally, including multiple Fortune 100 companies, embedding its data into critical workflows across geospatial, operations, and growth teams.
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Its data powers high-impact decisions for global brands—from helping EV networks predict charger demand in real time to enabling insurers to model property risk with unmatched geospatial precision to empowering CPG leaders to identify distributors and grow in under-mapped regions. By combining AI, machine learning, and human validation, dataplor ensures its datasets remain accurate, comprehensive, and current—even in historically under-mapped regions.
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With a privacy-first approach, dataplor ensures no personally identifiable information (PII) is ever used. This provides enterprise clients with full confidence in regulatory compliance and ethical data practices.
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'Our customers demand accurate, fresh, and globally compliant location data,' said Geoff Michener, Founder and CEO of dataplor. 'With this new funding, we're doubling down on our commitment to deliver the highest quality insights, while expanding our geographic coverage, enriching our product suite, and driving real business impact through seamless customer integration.'
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dataplor is a leading provider of point-of-interest (POI) and mobility data that helps global enterprises grow abroad by mapping tough-to-reach markets with a privacy-first approach. As the majority of international location data is often inaccurate and quickly outdated, dataplor goes several steps beyond the industry standard, helping the world's largest companies across technology, mapping, search, third-party logistics, consumer packaged goods (CPG), telecom, investing, real estate, and finance understand location intelligence about any commercial or physical location in real-time, fueling their expansion abroad.
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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (In thousands, except per share amounts and number of shares) (Unaudited) Three Months Ended June 30, Six Months Ended June 30, 2025 2024 2025 2024 Product revenues, net $ 9,030 $ 7,831 $ 17,617 $ 15,732 Revenues, related party - 8 - 18 Total revenues, net 9,030 7,839 17,617 15,750 Operating expenses Cost of revenues, related party 2,380 4,092 5,455 8,038 Cost of revenues, other 262 250 455 421 Selling, general and administrative 10,528 7,915 19,183 17,163 Selling, general and administrative, related party 69 32 76 29 Research and development 870 621 2,077 637 Total operating expenses 14,109 12,910 27,246 26,288 Loss from operations (5,079) (5,071) (9,629) (10,538) Other income (expense) Change in fair value of warrants 153 5,438 702 2,009 Change in fair value of investment, related party 2 (14) 2 (11) Loss on debt extinguishment - - - (316) Interest expense, net (115) (596) (220) (2,003) Other income, net (264) 6 (363) 186 Total other income (expense) (224) 4,834 121 (135) Loss before income taxes (5,303) (237) (9,508) (10,673) Income tax expense 21 20 19 21 Net loss $ (5,324) $ (257) $ (9,527) $ (10,694) Loss per common share: Basic and diluted $ (0.57) $ (0.05) $ (1.05) $ (2.45) Weighted-average common shares outstanding: Basic and diluted 9,351,557 5,091,353 9,108,091 4,357,474 BIOFRONTERA INC. GAAP TO NON-GAAP ADJUSTED EBITDA RECONCILIATION (In thousands, except per share amounts and number of shares) (Unaudited) Three Months Ended June 30, Six Months Ended June 30, 2025 2024 2025 2024 Net loss $ (5,324) $ (257) $ (9,527) $ (10,694) Interest expense, net 115 596 220 2,003 Income tax expenses 21 20 19 21 Depreciation and amortization 22 130 46 258 EBITDA (5,166) 489 (9,242) (8,412) Loss on debt extinguishment - - - 316 Change in fair value of warrant liabilities (153) (5,438) (702) (2,009) Change in fair value of investment, related party (2) 14 (2) 11 Stock based compensation 187 204 426 432 Expensed issuance costs - - - 354 Adjusted EBITDA $ (5,135) $ (4,731) $ (9,520) $ (9,308) Adjusted EBITDA margin -56.9 % -60.3 % -54.0 % -59.1 %
