Startups
AlterGeo is the developer of the global hybrid system for the positioning of electronic devices by WiFi, WiMAX, GSM, LTE, IP addresses and network environment, and the creator of Russia's leading cross-platform location-based social networking service AlterGeo.ru. In 2012, the company released an intelligent restaurant guide, Gvidi, a free iOS-app based on sophisticated collaborative filtering algorithms. In December 2014, AlterGeo released Local Hero, a self-service hyperlocal banner advertising system for local businesses.
In 2013, AlterGeo won The Europas as the Best Russian Startup and was shortlisted for the Best Transport, Travel or Environmental Startup there. The Financial Times listed it among four Russia's Next Tech Titans. In 2012, AlterGeo was given the Bully Award, named finalist of Red Herring Top 100 Global and Europe, and included in Informilo's list of Russia's Top 25 Hottest Tech Companies.
AlterGeo's system positions 150M+ unique devices and serves 400M+ location requests daily. It includes back-end positioning algorithms, data of 135M+ WiFi and other radio signals spots and stations across the world, and API. Hybrid geolocation accuracy: 20-30 meters. IP based geolocation: 500-1,000 meters.
Local Hero (http://localhero.ru/site/media_en) publishes customers' banners throughout the Internet (via several RTB ad exchanges) and displays them on desktop and mobile devices in small geographic areas (min. radius - 500 meters).
The social network, AlterGeo.ru (http://altergeo.ru), helps navigate in and around cities. It provides an easy way to find new interesting places around, share location with friends, give and receive useful recommendations, and get discounts in restaurants and other places. Website & free mobile apps.
Gvidi (http://gvidi.me) studies the users' private preferences and social graph to give them highly personalized recommendations about certain surrounding cafes, bars or restaurants. Free mobile apps.
In 2013, AlterGeo won The Europas as the Best Russian Startup and was shortlisted for the Best Transport, Travel or Environmental Startup there. The Financial Times listed it among four Russia's Next Tech Titans. In 2012, AlterGeo was given the Bully Award, named finalist of Red Herring Top 100 Global and Europe, and included in Informilo's list of Russia's Top 25 Hottest Tech Companies.
AlterGeo's system positions 150M+ unique devices and serves 400M+ location requests daily. It includes back-end positioning algorithms, data of 135M+ WiFi and other radio signals spots and stations across the world, and API. Hybrid geolocation accuracy: 20-30 meters. IP based geolocation: 500-1,000 meters.
Local Hero (http://localhero.ru/site/media_en) publishes customers' banners throughout the Internet (via several RTB ad exchanges) and displays them on desktop and mobile devices in small geographic areas (min. radius - 500 meters).
The social network, AlterGeo.ru (http://altergeo.ru), helps navigate in and around cities. It provides an easy way to find new interesting places around, share location with friends, give and receive useful recommendations, and get discounts in restaurants and other places. Website & free mobile apps.
Gvidi (http://gvidi.me) studies the users' private preferences and social graph to give them highly personalized recommendations about certain surrounding cafes, bars or restaurants. Free mobile apps.
Overview
Employees
11-50
Total raised
$10M
Founded date
2008
Investors 1
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Funding Rounds 1
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Mentions in press and media 8
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| Jul 11, 2013 | The Russians Are Coming, Bearing An Algorithm-Based Restaurant App Called Gvidi | We’ve been fans of AlterGeo for a little while. Around since 2008, this startup has a clever hybrid positioning system which combines WiFi, WiMAX, GSM, GPS, CDMA, IP (and for all we know NSA data :-) to make it Russia’s leading location-bas... |
| Oct 4, 2012 | White Bull Summit In Barcelona Puts A Filter On The Exit Market In Europe | For the past three years the White Bull Summit in Barcelona has been doing something that too few tech conferences in Europe really do: talk about exits for startups. In recent times it’s become so common to have a conference about early st... |
| Jun 9, 2011 | AlterGeo, the Foursquare-of-Russia, raises $10m from Intel Capital and others | Russian geolocation service AlterGeo has reportedly raised $10m from Intel Capital and Almaz Capital – a 25% share increase – and values the company at around $20-25m. Serial investor Esther Dyson, who has a track record in Russia, having p... |
| Mar 3, 2010 | Yandex partners with AlterGeo for improved location-based search | [Russia] Yandex, Russia’s leading search engine, has signed a contract with AlterGeo – a hybrid positioning startup – to use its technology to add location-based features to the company’s maps and toolbar web applications. AlterGeo technolo... |
| «Яндекс» научился искать по Wi-Fi | «Яндекс» научился искать по Wi-Fi 16 Февраля, 2010, 10:45 Надежда Баловсяк 759 Новая панель инструментов «Яндекс.Бар» научилась проводить поиск ближайших объектов на основе W-Fi. Даже если пользователь не указал свое место расположения, нов... | |
| Сравнительная инвестиционная привлекательность интернет-проектов (инфографика) | Сравнительная инвестиционная привлекательность интернет-проектов (инфографика) 01 Сентября, 2011, 11:55 Александр Мельник 1109 6 Газета.Ru представила инфографику, в которой не только сравнила объемы инвестиций и уровень привлекательности д... | |
| Российский аналог Foursquare получил $10 млн инвестиций | Российский аналог Foursquare получил $10 млн инвестиций 09 Июня, 2011, 15:56 Максим Кутик 1160 3 Фонды Intel Capital и Almaz Capital Partners Александра Галицкого вложили до $10 млн в российский аналог Foursquare.com — Altergeo.ru, умеющий ... |
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FAQ about Altergeo
When was Altergeo founded?
Altergeo was founded in 2008.
How much funding has Altergeo raised?
Altergeo has raised $10M in total across 1 funding round.
What has the press written about Altergeo?
Parsers VC has collected 8 articles mentioning Altergeo, among them “The Russians Are Coming, Bearing An Algorithm-Based Restaurant App Called Gvidi” (Jul 11, 2013) and “White Bull Summit In Barcelona Puts A Filter On The Exit Market In Europe” (Oct 4, 2012).
Is Altergeo still active?
Yes, Altergeo is active; its latest activity on Parsers VC dates from Apr 23, 2014.