Placer.ai ARR at $100M

Placer.ai is an Israeli company that has developed a location analytics and foot traffic data platform.

It surpassed $100 million in annual revenue run rate in February and has grown by more than 80% in the last 12 months.

Following its January 2022 funding round, the company's Annual Recurring Revenue (ARR) was nearing $30 million.

It has successfully raised $75 million in a new funding round, bringing its valuation to $1.5 billion. Its customer base has grown significantly, from around 1,000 in 2022 to more than 4,300 currently.