Rypplzz, a Los Angeles, CA-based creator of Interlife, a multi-patented geo-location platform, raised $3M in Pre-Seed funding.
The round saw participation from Deal Box Ventures, Fulcrom Investing and Innovative Venture Partners.
The company intends to use the funds to accelerate adoption of its technology.
Led by Josh Pendrick, Founder and CEO, Rypplzz provides geospatial mapping technology that connects the digital-physical world. The company creates ‘intelligent air’ that turns airspace into monetizable engagement opportunities by creating the infrastructure needed to program digital files to precise coordinates of airspace with an accuracy within 6 inches of the location. This improves the level of accuracy by several orders of magnitude over standard GPS-based technologies which operates with a precision between 10 to 20 feet of the object.
The platform already has traction in sports, entertainment, security, AR/VR, and retail.
The company also announced it is collaborating with the 27-acre Tucson Convention Center, a major U.S. sports league, Cisco Sports and Media Group and SkyPath Security. The technology will power AR-based fan experiences, precise wayfinding and traffic analytics, geotargeting and a host of tech-enabled crowd management capabilities. Rypplzz is also exploring security-related applications for large warehouses, event locations and construction sites for precise geo-location and enhanced connectivity to improve security and asset management in these spaces, driving efficiency and safety among workers.
FinSMEs
29/06/2023