Placer Labs

Location analytics and customer behavior insights

Los Altos, California, United States

About Placer Labs

Placer Labs provides businesses with insights into the performance of their physical properties through location analytics and customer behavior intelligence. Their technology collects and analyzes data on customer visit trends, market landscapes, and demographic details. This helps clients, including retailers and property managers, understand how their properties are performing, compare against competitors, and identify investment opportunities. Placer Labs also aids in optimizing marketing efforts by analyzing the effectiveness of initiatives and suggesting strategies to attract the right customers. Additionally, they assist in finding ideal locations for new stores or restaurants. The company generates revenue by offering access to its platform and data insights, focusing on delivering accurate information that helps clients gain a competitive edge.

Los Altos, CaliforniaHeadquarters
2018Year Founded
$292.8MTotal Funding
LATE_VCCompany Stage
Data & Analytics, Enterprise SoftwareIndustries
501-1,000Employees

Benefits

Health Insurance
Dental Insurance
Vision Insurance
Flexible Work Hours
401(k) Retirement Plan
Company Equity
Remote Work Options

Risks

Emergence of new competitors like Anvara may attract Placer.ai's clients.
Shift towards dynamic consumer engagement metrics could impact traditional retail analytics.
Smaller-footprint retail concepts may require adjustments in Placer.ai's data models.

Differentiation

Placer.ai offers real-time insights into physical property performance and customer behavior.
The platform serves diverse sectors, including retail, real estate, and economic development.
Proprietary technology provides competitive benchmarking and investment opportunity identification.

Upsides

Increased demand for location analytics in retail boosts Placer.ai's market relevance.
Rise of experiential retail highlights need for data-driven customer behavior insights.
Smaller-footprint stores trend benefits from Placer.ai's location optimization analytics.

Funding

Total raised$292.79 M
Latest valuation$1.50 B
StageLATE_VC