UrbanFootprint, a Berkeley, Calif.-based location intelligence and urban planning software platform provider, raised $11.5m in Series A funding.
The round was led by Valo Ventures with participation from Social Capital and new partner Radicle Impact.
The company intends to use the funds to advance its offerings and grow its customer base of cities, urban planners, and companies across the energy, mobility, and real estate sectors.
Led by Joe DiStefano, CEO, and Peter Calthorpe, Co-Founder, UrbanFootprint provides a location intelligence and urban planning software platform with built-in data and toolset to allow users to understand critical urban insights like climate and hazard impacts and accessibility to transportation hubs or points of interest.
Combining data, analysis, and advanced scenario planning, the system improves the toolset available to cities and urban planners to design sustainable, equitable and resilient communities. It also supports mobility, energy, insurance, real estate, and other emerging and established industries with a platform of actionable insights and ground-level data to navigate cities and urban markets.
Now, UrbanFootprint enables businesses to plan their expansions, identify where to devote resources, and understand current and future economic, social and environmental implications across markets.