Investment round · Enterprise software
Foursquare raises $150m to expand location technology
The Raine Group leads the May 2019 investment, supporting the acquisition of Placed and further research and expansion.
Foursquare raised $150 million in financing led by The Raine Group in May 2019. Part of the investment funded its acquisition of Placed, a location analytics business owned by Snap.
The company also allocated capital to research and expansion as it developed location data and advertising measurement services. The acquisition price was not disclosed.
Use of funds
Acquire Placed
Expand research and development
Grow operations
Funding history
Investment round · This round$150M