Mapbox, founded in 2010, has raised $507M through multiple rounds including a $280M Series E in 2023. The San Francisco–based company provides developer-centric mapping SDKs, navigation APIs, and geospatial datasets for automotive, logistics, gaming, and consumer apps. Funding supported product innovation, global infrastructure, and enterprise partnerships. Mapbox’s tools allow companies to build custom maps, optimize navigation, and integrate location analytics, positioning it as a flexible alternative to hyperscale mapping providers. Key investors include SoftBank Group, DFJ Growth, and Thrive Capital.
Keep reading to see how Mapbox powers location-aware applications.
What Is Mapbox and What Does It Do?
Mapbox, founded in 2010, is a San Francisco–based (United States) provider of mapping SDKs, navigation APIs, search tools, and location data. The company employs ~501–1,000 people.
It offers developer-focused tools for building custom maps, routing, geospatial analytics, and offline navigation. Mapbox serves automotive, logistics, gaming, ride-hailing, IoT, and consumer app markets, enabling developers and enterprises to create location-aware experiences while emphasizing performance, customizability, and privacy-first mapping services.
How Much Funding Has Mapbox Raised?
1. Series E
- Amount Raised: $280M
- Date: Sep 19, 2023
- Lead Investors: SoftBank Group
- Purpose: Scale global infrastructure and enterprise product suite
2. Series C (2017)
- Amount Raised: $164M
- Date: Oct 10, 2017
- Lead Investors: SoftBank Vision Fund, Thrive Capital, DFJ Growth
- Purpose: Product development and scaling infrastructure
3. Series B
- Amount Raised: $52.6M
- Date: Jun 17, 2015
- Lead Investors: DFJ Growth, Pritzker Group, Promus Ventures
- Purpose: Expand developer platform and data partnerships
Total Funding Raised: $507M
Latest Funding Date: Sep 2023
Current Valuation: $1B (as of Oct 2020)
Key Investors
- SoftBank Group
- Details: Major global investment group with deep tech allocations
- Focus Areas: Cloud, mobility, mapping, AI
- Notable Investments: Arm, WeWork, Oyo, Uber, Mapbox
- DFJ Growth
- Details: Growth-stage investor focusing on disruptive tech
- Focus Areas: Infrastructure, developer platforms, AI
- Notable Investments: SpaceX, Tesla (early), Mapbox, Box, Coinbase
- Thrive Capital
- Details: Growth investor with consumer and enterprise focus
- Focus Areas: Consumer internet, fintech, enterprise SaaS
- Notable Investments: Instagram, Robinhood, Affirm, Mapbox, Carta
- Pritzker Group
- Details: Family office and investment group supporting tech
- Focus Areas: Tech, data, consumer
- Notable Investments: AutoNation, Groupon (earlier), Mapbox
- Promus Ventures
- Details: Early-stage investor focused on enterprise and developer tools
- Focus Areas: Developer platforms, data infrastructure
- Notable Investments: Mapbox, other developer tool companies
Where Is Mapbox’s Headquarters?
Mapbox is headquartered in San Francisco, California, United States, near leading location-tech and mapping talent.
What’s Next for Mapbox?
Mapbox will enhance routing, offline mapping, automotive and logistics partnerships, privacy-first location services, and machine-learning powered geospatial products.
Get Investor & Funding Insights with TexAu
TexAu helps sales and business teams uncover detailed fundraising information on companies like Mapbox. Research investors, track funding rounds, and gather actionable insights to strengthen prospecting and business strategy.
Sign Up for Free to access real-time investor and funding intelligence.
