Crowd Connected Ltd

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Crowd Connected Ltd - overview

Established

2013

Location

-, -, UK

Primary Industry

Software

About

Crowd Connected Ltd provides advanced indoor and outdoor positioning solutions that enhance wayfinding and location-based services in various sectors such as healthcare, education, and transportation. Crowd Connected Ltd, founded in 2013 and headquartered in Surrey, UK, specializes in innovative positioning solutions. The company has completed 3 deals, with the most recent in August 2016, when it raised GBP 510,000 in Seed funding, bringing its total amount raised to GBP 510,000 and current valuation to GBP 3. 544 million.


The CEO is James Cobb, who has a history of leading technology ventures. Crowd Connected specializes in indoor and outdoor positioning solutions that enhance wayfinding and location-based services across various sectors, including healthcare, education, and transportation. Their core offerings include a robust mobile SDK that integrates seamlessly for navigation and analytics, allowing users to locate essential resources such as wheelchairs and medical equipment in hospitals, promoting efficiency and reducing capital expenditures. The platform caters to the needs of large venues, such as airports and universities, enhancing visitor experience and engagement at exhibitions and business events by improving wayfinding and discovery.


Their technology uses machine learning for continuous self-calibration without manual intervention or extensive fingerprinting, ensuring precise location tracking and data gathering within client sites. The company's products are marketed in global markets, focusing on regions with significant indoor venue infrastructure, including North America, Europe, and parts of Asia. Crowd Connected's revenue model is based on B2B partnerships, offering services through subscription agreements that provide clients with access to its comprehensive platform for indoor and outdoor location services. The company engages in contractual agreements with clients such as hospitals, universities, and large event organizers, creating a consistent revenue stream as these entities deploy technology across their facilities.


The transaction structure typically involves fees for SDK integration, ongoing maintenance, and support services, ensuring clients benefit from real-time data analytics and enhanced customer experience. Specific pricing plans for services are tailored to accommodate varying scales of client needs, providing clients with customized solutions based on their operational requirements and venue sizes. In August 2016, Crowd Connected Ltd raised GBP 510,000 in Seed funding, which values the company at GBP 3. 54 million post-money.


The funding will support the development of new products and expansion into additional markets. The company plans to introduce enhanced features within its positioning solutions by mid-2024 and is targeting market expansion into North America and Asia by the end of 2025.


Primary Industry

Software

Sub Industries

Analytics & Performance Software

Website

www.crowdconnected.co.uk

Verticals

Cloud Computing, Mobile Apps

Company Stage

Angel & Seed

Total Amount Raised

Subscriber access only

Crowd Connected Ltd - employee data

Blurred Background

Want to see Employee Count?

Request a demo for full access to this profile.

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.