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High Tech Seed Founded 2014

Situm

Situm is a provider of an AI and cloud-based indoor positioning platform with sensor fusion technology that enables businesses to track and monitor visitors, employees, and assets within large indoor and outdoor venues. The platform offers three core solutions: SWIM (Situm Wayfinding and Interactive Maps) for creating amazing 3D interactive maps accessible via web, kiosks, or mobile through QR codes without…

📍 Santiago de Compostela, Spain · Geographic Information Systems,

Funding snapshot

Last roundSeed
Amount$3M
Date3 October 2019
Total raised$3M
Team size46

About

Situm is a provider of an AI and cloud-based indoor positioning platform with sensor fusion technology that enables businesses to track and monitor visitors, employees, and assets within large indoor and outdoor venues. The platform offers three core solutions: SWIM (Situm Wayfinding and Interactive Maps) for creating amazing 3D interactive maps accessible via web, kiosks, or mobile through QR codes without requiring app downloads; indoor navigation with real-time outdoor and indoor step-by-step directions through SDK integration; and SMRM (Situm Geolocation-based Tracking and Management) for real-time staff tracking with historical geo-analytics for security, cleaning, and maintenance work auditing. Situm's technology merges information from the environment with smartphone sensor data, requiring no additional infrastructure. The platform supports augmented reality wayfinding and provides Visual Mobile SDKs, Map Viewer, REST APIs, and developer documentation. The company serves retail, hospitals, security, airports, campuses and offices, facility management, events, hotels and resorts, and industrial sectors. With over 6,000 buildings mapped across 70 countries and 2,000-plus developers, Situm's clients include Aena (world's largest airport operator), Berlin Brandenburg Airport, Amadeus, Microsoft, Prosegur, Securitas, Telefonica, Ferrovial, and Formula 1 Grand Prix events in Saudi Arabia and Abu Dhabi. Founded in 2014 and headquartered in Santiago de Compostela, Spain, the company has raised $3.3M in seed funding from investors including Swanlaab Venture Factory, Prosegur, Amadeus, Xesgalicia, Unirisco, and Capital-Riesgo.es.

Business model

Geographic Information Systems > Positioning & Navigation > Positioning > Indoor > Sensor Fusion,

Security & Surveillance Technology > Location Tracking > Horizontal,

Facility Management Tech > Building Management > Building Security Management > Visitor Management

Institutional investors

Swanlaab Venture Factory Prosegur Amadeus Xesgalicia Unirisco Capital-Riesgo.es

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