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MobilTech - About the company

MobilTech is a series B company based in Seoul (South Korea), founded in 2017. It operates as a Provider of algorithm-based image recognition and mapping solutions. MobilTech has raised $9.65M in funding from Korea Investment Value Asset Management. The company has 318 active competitors, including 42 funded and 34 that have exited. Its top competitors include companies like TomTom, Mapbox and Hover.

Company Details

Provider of algorithm-based image recognition and mapping solutions. The company claims that its proprietary algorithm uses a LiDAR system to improve the detection range via rotary sensors. The company also claims to provide real-time 3D scanning solutions using LiDARs and photogrammetry technology.
Email ID
*****@mobiltech.io
Key Metrics
Founded Year
2017
Location
Seoul, South Korea
Stage
Series B
Total Funding
$9.65M in 2 rounds
Latest Funding Round
Ranked
Employee Count
50 as on May 31, 2026
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MobilTech's funding and investors

MobilTech has raised a total funding of $9.65M over 2 rounds. Its first funding round was on Dec 07, 2021. Its latest funding round was a Series B round on Oct 11, 2023 for $*****. 3 investors participated in its latest round. MobilTech has 7 institutional investors.

Here is the list of recent funding rounds of MobilTech:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Oct 11, 2023
8651752
Series B
4621387
4753965
9584193
2804676
Dec 07, 2021
6641144
Seed
8901584
9795796
7615060
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MobilTech's founders and board of directors

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MobilTech's employee count trend

MobilTech has 50 employees as of May 26. Here is MobilTech's employee count trend over the years:
Employee count trend for MobilTech
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MobilTech's Competitors and alternates

Top competitors of MobilTech include TomTom, Mapbox and Hover. Here is the list of Top 10 competitors of MobilTech, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for TomTom
TomTom
1991, Amsterdam (Netherlands), Public
Provider of maps, navigation software, traffic data, and location technology
-
73/100
2nd
Logo for Mapbox
Mapbox
2010, San Francisco (United States), Series E
Provider of customizable maps, navigation, search, and location data products
$507M
73/100
3rd
Logo for Hover
Hover
2011, San Francisco (United States), Series D
Platform providing 3D modeling, measurement, design, and estimating for construction
$142M
72/100
4th
Logo for Esri
Esri
1969, Redlands (United States), Funding Raised
Developer of geographic information system software for spatial data analysis
-
72/100
5th
Logo for HERE
HERE
1985, Eindhoven (Netherlands), Acquired
Developer of a unified map delivering location data and related services
-
69/100
6th
Logo for NavInfo
NavInfo
2002, Beijing (China), Public
Provider of navigation, high-definition maps, and intelligent driving system solutions
$185M
67/100
7th
Logo for Pix4D
Pix4D
2011, Prilly (Switzerland), Seed
Provider of a cloud and AI-based photogrammetry software for drone mapping
$2.43M
64/100
8th
Logo for Mappedin
Mappedin
2011, Waterloo (Canada), Series B
Provider of an indoor mapping platform
$34.8M
63/100
9th
Logo for Point One Navigation
Point One Navigation
2016, San Francisco (United States), Series C
Provider of precision location technology, including RTK network and positioning engine
$72.5M
62/100
10th
Logo for GoodMaps
GoodMaps
2019, Louisville (United States), Series A
Platform offering positioning solutions for indoor spaces
$15.4M
61/100
57th
Logo for MobilTech
MobilTech
2017, Seoul (South Korea), Series B
Provider of algorithm-based image recognition and mapping solutions
$9.65M
38/100
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MobilTech's Investments and acquisitions

MobilTech has made no investments or acquisitions yet.

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