SAN FRANCISCO, CA, SafeGraph, a machine learning data company, raised $16 million in Series A funding.
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The round was led by IDG Ventures with participation from over 100 individuals including Peter Thiel, Adam D'Angelo, Romesh Wadhwani, Eric Cantor, KT zu Guttenberg, Prince Turki Al Saud, Jack Dangermond, Barry Sternlicht, Pete Briger, Naval Ravikant, Nicolas Berggruen, Ash Gupta, Charles Songhurst, Chris Farmer, Feroz Dewan, Steve Drobny, Marcelo Hallack, John Pfeffer, Alexander Tamas, Dan Benton, Jonathan Sands, Elizabeth Weymouth, Mike Baker, Michael Barrett, Tim Cadogan, Tom Chavez, Mike Derezin, Bruce Falck, Adam Foroughi, Raj Gajwani, Rajeev Goel, Amar Goel, Jonah Goodhart, Aniq Rahman, Yaz Iida, Matt Keiser, Greg Murtagh, Brian O'Kelley, Kim Reed Perell, Bob Pittman, Donn Rappaport, David Rodnitzky, Eric Roza, Chris Scoggins, Tod Sacerdoti, Dipanshu D Sharma, Stephen McCarthy, Kamakshi Sivaramakrishnan, Omar Tawakol, Grant Ries, Are Traasdahl, Div Turakhia, Joe Zawadzki, Jack Abraham, Jonathan Abrams, Adrian Aoun, Arup Banerjee, Ethan Beard, Jean-Jacques Bienaime, Andrew Bursten, Saran Chari, Doug Chertok, Sara Clemens, Matthew Cowan, Matias De Tezanos, Dan Engel, Jeff Epstein, Scott Faber, Russell Fradin, David Friedberg, Jared Friedman, Ric Fulop, By Shruti Gandhi, Brad Garlinghouse, George Garrick, Mark Goldstein, Mike Greenfield, Fabrice Grinda, Will Harbin, Joel Hornstein, David Hunt, Brett Hurt, Mark Jacobstein, Tomer Kagan, David Kidder, Jaya Kumar, Ariel Lebowits, Yishai Lerner, Mihir Shah, Paul Levine, Josh Levy, Lee Linden, Patrick McKenna, Christopher Michel, Allen Nance, Adam Nash, Itamar Novick, Mark Organ, Mark Pincus, Julia Popowitz, MR Rangaswami, Eric Ries, Sumon Sadhu, Ken Sawyer, Evangelos Simoudis, Michael Stoppelman, Bart Swanson, Jonathan Swanson, Greg Tseng, Jose Vargas, Tabreez Verjee, Sam Yagan, Jeremy Lizt, Travis May, James Arra, Anneka Gupta, Joel Jewitt, Ari Jacoby, Dan Scudder, David Yaffe, Scott Howe, Warren Jenson, Rick Erwin, Jerry Jones, Sean Carr, Eric Chernoff, Ken Dreifach, Bryan Duxbury, Michael Feldman, Abhishek Jain, Andy Johnson, Piotr Kozikowski, Ian Meyers, Bryan Morris, Chris Mullins, Diego Panama, Ben Podgursky, Mike Safai, Armaan Sarkar, Justin Schuster, Manish Shah, Daniel Stevens, Chris Taylor, Michel Tricot, Porter Westling, and Takashi Yonebayashi.
The company intends to use the funds to continue to develop its platform and make it available to customers globally.
Co-founded by CEO Auren Hoffman and Brent Perez, SafeGraph aims to help answer humanity's biggest questions by providing access to a large dataset that predicts the past to figure out what to do next. As a first product, the company has developed a geospatial data platform that gives users including urban planners, retailers, academic researchers, marketers, investors access to an accurate record for understanding human movement.