Reckon Point, a San Antonio, Texas-based developer of indoor navigation, positioning and scanning technologies, closed a $1.5m seed funding round.
The round was led by Notes We Buy LLC.
The company intends to use the funds to expand its talent base.
Led by Founder and CEO Gabe Garza, Reckon Point provides customers with advanced indoor navigation technology that can create interactive indoor maps using Google Maps API technology. It also provides indoor navigation and positioning services.
The mobile robots that Reckon Point deploys move around the interior of a building and scan the environment for signals that will provide the data needed to locate position. It does this with near-pinpoint accuracy — as it can locate your position within 2 meters.
The intention of the technology is to more effectively help people wayfind in large multi-directional spaces — including convention centers, hospitals, college campuses, and sporting venues.
Currently, the company is targeting large venues where navigation can be difficult for visitors.