Web Geo Services

Web Geo Services is a firm that offers specialized geolocation solutions, utilizing advanced mapping technologies and location-based services to enhance operational efficiency across diverse industries. Founded in 2009 and headquartered in Montpellier, France, Web Geo Services provides geolocation services that integrate with the Google Maps Platform. The company was established by Mathias Fliti, who has a history of entrepreneurship. In August 2012, the firm raised EUR 2 million from investors including Seventure Partners, Soridec, and Jeremie LR, bringing the total amount raised to EUR 2 million with a current valuation of EUR 5 million.

Web Geo Services specializes in providing comprehensive geolocation solutions through their partnership with Google Maps Platform. Their core offerings include advanced mapping services, location-based APIs, and customized workshops aimed at optimizing the deployment of geolocation technologies within high-value applications. The services enhance user experiences in various sectors by enabling features such as delivery tracking applications and efficient Click & Collect solutions. The company serves a diverse clientele, including major international companies across the United Kingdom, France, Spain, Germany, Italy, and India, among others.

Web Geo Services generated revenue of EUR 26,188,343 in the most recent year, with an EBITDA of EUR 2,399,315. The company primarily earns through B2B transactions wherein clients subscribe to tailored Google Maps services, establishing partnerships based on ongoing contracts and structured pricing tiers. Revenue is derived from both direct service fees and workshops aimed at optimizing clients' ROI, while fostering long-term relationships that enhance customer loyalty and satisfaction. Web Geo Services plans to leverage recent funding from August 2012, amounting to EUR 2 million, to enhance their service offerings and expand into new markets.

The company aims to introduce new products designed to optimize geolocation technologies by the end of 2024, while also targeting growth in markets such as the United States and Asia-Pacific regions over the next three years.