CARTO is a company.
CARTO has raised $92.0M across 3 funding rounds.
Key people at CARTO.
CARTO has raised $92.0M in total across 3 funding rounds.
CARTO has raised $92.0M in total across 3 funding rounds.
CARTO's investors include 20VC, 8VC, Accel, Bessemer Venture Partners, High-Tech Gründerfonds, Insight Partners, Sherpalo Ventures, Visionaries Club, BlueYard Capital.
Key people at CARTO.
CARTO is the leading cloud-native Location Intelligence SaaS platform that empowers data analysts, business analysts, GIS professionals, and developers with scalable spatial analytics, visualization, and AI-driven tools to turn location data into actionable business insights.[1][2][3][4] It serves enterprises across industries like financial services, telecoms, real estate, logistics, cities & government, and CPG, solving the problem of complex, siloed spatial analysis by providing an accessible, unified interface for tasks such as network optimization, risk assessment, site selection, and growth opportunity identification.[1][2][3][4] With over 1,200 customers including Telus, Decathlon, Coca-Cola, and Vodafone, CARTO has demonstrated strong growth momentum, raising $61M in Series C funding in 2021 from investors like Insight Partners, Accel, Salesforce Ventures, and Earlybird, while scaling to 150+ employees across New York, Madrid, Seville, and Washington DC.[3][5]
CARTO was founded in 2012 in Madrid, Spain, by Javier de la Torre (now Chief Strategy Officer) and Sergio Álvarez, both with backgrounds in conservation science and geospatial visualization.[1][5] De la Torre, a former environmental scientist, started his career applying data technologies to analyze endangered species and founded Vizzuality in 2007 to bridge science and policymaking through geospatial tools.[5] Frustrated by the complexity and inaccessibility of existing GIS solutions for large-scale location data analysis—initially sparked by environmental projects on biodiversity and climate change—the founders saw broader applications in industries like insurance, finance, and telecoms.[1][5] Early traction came from recognizing spatial analysis's potential beyond niches, leading CARTO to evolve into a global platform headquartered in New York with rapid user adoption among hundreds of thousands.[1][3]
CARTO rides the explosive growth of Location Intelligence, fueled by ubiquitous location data from smartphones, connected cars, IoT, and satellite imagery, enabling businesses to answer "why" things happen spatially rather than just mapping "where."[3][5][9] Timing is ideal amid cloud modernization and AI integration, as legacy GIS systems falter under massive datasets, while market forces like 5G rollout, supply chain disruptions, and climate risks demand real-time spatial insights—partnering with Google Cloud and powering Vodafone Analytics across countries.[3][4] CARTO influences the ecosystem by democratizing spatial data science, boosting productivity for 1,200+ customers, and accelerating enterprise geospatial adoption, as seen in recognitions like Gartner Cool Vendor and G2 Spring Leader.[1][3]
CARTO is poised to dominate as agentic GIS and AI-driven spatial analytics become table stakes for data-driven enterprises, expanding from visualization to full-stack platforms with natural language agents and enriched datasets.[4][6] Trends like hyper-local risk modeling, telco monetization, and sustainable urban planning will propel growth, especially with reduced compute costs and partnerships amplifying scalability.[3][4][6] Its influence may evolve toward deeper AI embeddings and ecosystem integrations, solidifying CARTO as the go-to for turning "everything happens somewhere" into predictive business value—echoing its founding mission to spatially enable every analyst worldwide.[1][5]
CARTO has raised $92.0M across 3 funding rounds. Most recently, it raised $61.0M Series C in December 2021.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Dec 1, 2021 | $61.0M Series C | 20VC, 8VC, Accel, Bessemer Venture Partners, High-Tech Gründerfonds, Insight Partners, Sherpalo Ventures, Visionaries Club | |
| Sep 1, 2015 | $23.0M Series B | 20VC, Accel, BlueYard Capital, High-Tech Gründerfonds, Visionaries Club | |
| Sep 1, 2014 | $8.0M Series A | BlueYard Capital |
