Unacast, the leading provider of global location intelligence, today announced it has secured $28 million in new financing from Vector Capital Management, L.P.’s (“Vector”), direct credit strategy, Vector Velocity.
The financing follows the late-2023 merger of Unacast and Gravy Analytics, which created one of the world’s most comprehensive location intelligence platforms. Since then, Unacast has delivered strong double-digit growth, reached EBITDA-positive operations, and integrated both companies’ technologies into a single, scaled platform that public- and private-sector organizations rely on for accurate insight into population movement and community trends.
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The new capital will accelerate Unacast’s product roadmap, enhance the quality and transparency of its global location intelligence solutions, and expand its go-to-market efforts. It will also support strategic M&A to strengthen the company’s technology stack, broaden its data assets, and extend its reach across key verticals.
“Vector has been an exceptional partner, supporting our vision from the outset. This investment enables us to deliver greater value to customers and continue leading the industry with the most trusted, high-quality location intelligence,” said Thomas Walle, President & Co-Founder at Unacast.
“Unacast is uniquely positioned with a strong compliance record and a reputation for clean, reliable mobility datasets as global demand for location intelligence grows,” said Nick Ghoussaini, Head of Credit at Vector Capital. “We are pleased to provide a tailored financing solution that supports the company’s continued organic and inorganic expansion.”
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