Here

Here is a technology company.

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Updated: Dec 8, 2025 ·

Recent News & Mentions

May 1, 2023FundingHere - Series D Jul 1, 2022FundingHere - Seed Mar 1, 2022FundingHere - Seed Oct 1, 2020FundingHere - Seed May 1, 2019FundingHere - Series C Feb 1, 2017FundingHere - Series B Apr 1, 2014FundingHere - Series A

Financial History

Here has raised $80.0M across 7 funding rounds. Most recently, it raised $35.0M Series D in May 2023.

Total Raised

$80.0M

Valuation

N/A

Funding Rounds Raised

Date	Round	Other Investors
May 1, 2023	$35.0M Series D	Bain Capital Ventures, CRV, Haystack, Nine Four Ventures, Transmedia Capital, Twenty Two Ventures
Jul 1, 2022	$4.0M Seed	Bain Capital Ventures, Credo Ventures, Daffy, Flucas Ventures, Hustle Fund, Iluminar Ventures, Jetstream, Magma Partners, Mucker Capital, Ocean VC, Pareto Holdings, The Hit Forge, Tucker Seed Fund LLC, Vdosh, Weekend Fund, Eric Wu, Fadi Bishara, Jeff Seibert, Jeronimo Uribe, Ragnar Sass, Wayne Chang
Mar 1, 2022	$2.0M Seed	Bain Capital Ventures, Credo Ventures, Flucas Ventures, Hustle Fund, Iluminar Ventures, Jetstream, Mucker Capital, Ocean VC, Pareto Holdings, The Hit Forge, Tucker Seed Fund LLC, Vdosh, Weekend Fund, Fadi Bishara, Jeff Seibert, Jeronimo Uribe, Ragnar Sass, Wayne Chang
Oct 1, 2020	$3.0M Seed	9Yards Capital, Adverb Ventures, Amity Ventures, Andreessen Horowitz, Chloe Sladden, Craft Ventures, Elefund, Ensemble VC, FirstMark Capital, Founders Fund, FPV Fund, Innovent Capital Group, Jigsaw VC, K9 Ventures, Long Journey Ventures, Menlo Ventures, Moonshots Capital, Sinai Ventures, Spero Ventures, Susa Ventures, Tribe Capital, TSVC Capital, Union Square Ventures, Vine Ventures LP, Jeffrey Lee, Louis Beryl, Russell Cook, Scott Banister, Scott Belsky, Stewart Butterfield, Todd Corenson, Vivek Garipalli
May 1, 2019	$17.0M Series C	Bain Capital Ventures, CRV, Haystack, Nine Four Ventures, Transmedia Capital, Twenty Two Ventures
Feb 1, 2017	$15.0M Series B	Bain Capital Ventures, CRV, Element Ventures, Haystack, Nine Four Ventures, Transmedia Capital, Twenty Two Ventures
Apr 1, 2014	$4.0M Series A	Bain Capital Ventures, CRV, Haystack, Nine Four Ventures, Transmedia Capital, Twenty Two Ventures

Financial History

Here has raised $80.0M across 7 funding rounds.

Total Raised

$80.0M

Valuation

N/A

Deep Dive

High-Level Overview

HERE Technologies is a Netherlands-based multinational specializing in mapping technologies, location data, and automotive services, majority-owned by German automakers Audi, BMW, and Mercedes-Benz Group, along with Intel.[1][4] It builds high-precision digital maps, HD live maps, and location platforms that power navigation, autonomous driving, EV routing, and IoT applications, serving automakers, transport/logistics firms, manufacturing, retail, public sector, and developers across 200+ countries.[1][2][3][4] The company solves critical problems in real-time location intelligence, enabling safer automated vehicles, efficient supply chains, sustainable resource use, and data-rich decision-making in a connected world.[3][4][5]

With roots over 35 years old as the creator of the first digital map, HERE licenses its content to giants like Garmin, Oracle, Amazon, and Microsoft, while offering platforms like HERE WeGo for consumers and APIs for enterprises.[1][2][4] Its growth is tied to automotive innovation, with services in 222M+ vehicles and a global footprint in 52 countries.[2][4]

Origin Story

HERE Technologies traces its roots to Navteq, founded in the U.S. in 1985 as a pioneer in digital mapping.[1] Nokia acquired Navteq in 2007, integrating it with its Nokia Maps service (formerly Ovi Maps and Smart2Go), which expanded to free global navigation with live traffic and indoor maps for 49,000 buildings in 45 countries by 2013.[1] Rebranded as HERE in 2012, it unified Nokia's mapping, satellite navigation, and location services under one platform.[1]

In 2015-2016, a consortium including Audi, BMW, Mercedes-Benz, and Intel acquired HERE from Nokia, shifting focus toward automotive applications like self-driving tech while retaining third-party licensing as its core business.[1] This evolution humanizes HERE as a bridge from early digital mapping to AI-driven location intelligence, built through strategic acquisitions and OEM partnerships.[1][6]

Core Differentiators

HERE stands out in the location tech space through these key strengths:

Precision Mapping and HD Live Maps: Delivers automotive-grade, real-time data on road geometry, traffic signs, hazards, and sensor fusion from millions of vehicles, essential for automated driving levels.[1][4][6]
Unified Open Platform: PaaS with APIs, SDKs, and cloud support for custom maps, data visualization, IoT integration, and privacy-secure environments, ranked #1 by Omdia.[4][5][6]
Multi-Industry Flexibility: Powers 70+ automakers, EV charging/routing, digital cockpits, logistics, and public sector GIS, with tools blending location intelligence for sustainable outcomes.[2][3][4][5]
Ecosystem and Partnerships: Strong OEM network (e.g., NVIDIA, Mobileye, Pioneer), community data via Mapillary, and developer-friendly services like WeGo app and on-street parking.[1][4][6]

These enable superior control, speed, and differentiation over competitors in accuracy and scalability.[4][5]

Role in the Broader Tech Landscape

HERE rides the wave of software-defined vehicles (SDVs), autonomous driving, and IoT proliferation, where real-time location data is vital for ADAS, EV adoption, and smart cities.[4][6] Timing aligns with surging demand for HD maps amid Level 3+ autonomy and electrification—70+ automakers rely on HERE for reliable, global-scale data that traditional maps can't match.[1][4] Market forces like data explosion, sustainability mandates, and edge AI favor HERE's machine-learning sensor analysis and pooled vehicle data, reducing environmental footprints via optimized routing and asset use.[3][6]

It influences the ecosystem by licensing to rivals (e.g., Garmin, Amazon), fueling industry-wide innovation in mobility, logistics, and manufacturing while enabling partners like Esri for geospatial solutions.[1][5] This positions HERE as a neutral enabler in a fragmented landscape.

Quick Take & Future Outlook

HERE is poised to dominate as location intelligence becomes table stakes for AVs, EVs, and IoT, with expansions into parking, supply chain AI, and developer ecosystems driving next-phase growth.[4][6] Trends like 5G/edge computing, regulatory pushes for safer autonomy, and climate-focused logistics will amplify its edge, potentially via deeper NVIDIA/Mobileye integrations and new sensor apps.[6] Influence may evolve toward a full "live digital twin" of the physical world, sustaining its lead if it scales community data and convinces more OEMs to share probes.[3][6]

Tying back to its mapping pioneer roots, HERE exemplifies how foundational tech adapts to propel humanity toward efficient, sustainable mobility.[1][3]

Sources

Frequently Asked Questions

How much funding has Here raised?

Here has raised $80.0M in total across 7 funding rounds.

Who are Here's investors?

Here's investors include Bain Capital Ventures, CRV, Haystack, Nine Four Ventures, Transmedia Capital, Twenty Two Ventures, Credo Ventures, Daffy, Flucas Ventures, Hustle Fund, Iluminar Ventures, Jetstream.