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§ Private Profile · Eindhoven, Netherlands
HERE Technologies provides location data and technology, including automotive-grade maps and live mapping solutions for vehicles and enterprises.
HERE Technologies is a global location data and technology company with offices in Burlington, Massachusetts, providing automotive-grade maps and unified live mapping solutions for vehicles and enterprises. The company delivers precise location services, APIs, and platforms for smarter routing, traffic insights, autonomous vehicles, supply chain optimization, and fleet management. With a global footprint across 52 countries, HERE employs 6,400 individuals and holds 5,930 patents related to its technology. Its map data and solutions are integrated into over 238 million vehicles worldwide, serving a broad customer base that includes major automakers, logistics providers, and mobility companies. The firm's offerings power innovation in vehicle automation, safety, efficiency, and sustainable growth across industries. Founded in 1985 by Barry Karlin and Galen Collins, the company has been a pioneer in location technology for four decades.
Here has raised $80.0M across 7 funding rounds.
Key people at Here.
Here was founded in 1985 by Edzard Overbeek (Chief Executive Officer & Co-founder).
Here has raised $80.0M in total across 7 funding rounds.
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]
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]
HERE stands out in the location tech space through these key strengths:
These enable superior control, speed, and differentiation over competitors in accuracy and scalability.[4][5]
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.
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]
Here was founded in 1985 by Edzard Overbeek (Chief Executive Officer & Co-founder).
Here has raised $80.0M in total across 7 funding rounds.
Here's investors include Bain Capital Ventures, CRV, Haystack, Nine Four Ventures, Transmedia Capital, Twenty Two Ventures, Marcos Fernandez, Credo Ventures, Daffy, Flucas Ventures, Hustle Fund, Iluminar Ventures.
Key people at Here.
Here has raised $80.0M across 7 funding rounds. Most recently, it raised $35.0M Series D in May 2023.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Mar 24, 2020 | UNL | $2.0M Seed | Elev8.VC, HERE | William BAO Bean, Venture Rock |