GCA Altium advises Unacast on a USD private placement from Camber Creek
Unacast is a human mobility data company committed to understanding how people move around on the planet. Headquartered in New York (USA), and with an office in Oslo (Norway), the company was founded in 2014 by Thomas Walle (CEO) and Kjartan Slette (COO). Unacast is a global as-a-service location and proximity data platform that provides companies across a wide range of industries with contextual and transparent location data insights to understand how people move, act and behave while maintaining and protecting user privacy. Their clients include blue chip corporates such as Telia, Adsquare and BCG, as well as renowned establishments such as Harvard University. The company ranks among the fastest-growing private companies in the United States, according to the annual Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies.
Unacast has raised USD 16m in a new round of funding, welcoming Camber Creek as a new investor alongside participation from existing investors and long-standing supporters White Star Capital and Investinor.
Alexandra Nicoletti, Principal at Camber Creek and new Unacast board member, commented: “What makes Unacast truly unique is their focus on quality of their data. Real estate development and management groups, Fortune 500 companies, global consulting firms and several global telecoms rely on Unacast’s platform daily. And with the rapid market acceleration for location insights post-pandemic, Unacast is positioned to lead this segment globally.”
This transaction is the latest deal for GCA in the PropTech segment, reflecting continued leadership in the sector.