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.
- Website
- www.mobiltech.io/
- 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
Investors
Ranked
57th among 318 active competitors
Employee Count
50 as on May 31, 2026
Legal entities associated with MobilTech
MobilTech is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Mobiltech Co., Ltd. CIN: 401-81-32039 , South Korea, Active | Aug 12, 2007 | - | - | - |
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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 |
View details of MobilTech's funding rounds and investors
MobilTech's founders and board of directors
Founder? Claim ProfileMobilTech's employee count trend
MobilTech has 50 employees as of May 26. Here is MobilTech's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | TomTom 1991, Amsterdam (Netherlands), Public | Provider of maps, navigation software, traffic data, and location technology | - | 73/100 | |
2nd | Mapbox 2010, San Francisco (United States), Series E | Provider of customizable maps, navigation, search, and location data products | $507M | 73/100 | |
3rd | Hover 2011, San Francisco (United States), Series D | Platform providing 3D modeling, measurement, design, and estimating for construction | $142M | 72/100 | |
4th | Esri 1969, Redlands (United States), Funding Raised | Developer of geographic information system software for spatial data analysis | - | 72/100 | |
5th | HERE 1985, Eindhoven (Netherlands), Acquired | Developer of a unified map delivering location data and related services | - | 69/100 | |
6th | Provider of navigation, high-definition maps, and intelligent driving system solutions | $185M | 67/100 | ||
7th | Pix4D 2011, Prilly (Switzerland), Seed | Provider of a cloud and AI-based photogrammetry software for drone mapping | $2.43M | 64/100 | |
8th | Provider of an indoor mapping platform | $34.8M | 63/100 | ||
9th | 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 | GoodMaps 2019, Louisville (United States), Series A | Platform offering positioning solutions for indoor spaces | $15.4M | 61/100 | |
57th | MobilTech 2017, Seoul (South Korea), Series B | Provider of algorithm-based image recognition and mapping solutions | $9.65M | 38/100 |
Looking for more details on MobilTech's competitors? Click here to see the top ones
MobilTech's Investments and acquisitions
MobilTech has made no investments or acquisitions yet.
News related to MobilTech
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Mobiltech Attracts Additional Series B Investment of 3 Billion Won “Spurring Global Business and IPO”Wowtale•Jan 02, 2025•MobilTech, CJ Investment, NAVER D2 Startup Factory, Naver and 6 others
•
Realistic digital twin startup Mobiltech attracts 13 billion won in investmentVenture Square•Oct 11, 2023•MobilTech
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