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Serra Ventures Leads Seed Round in Cincinnati Based Spatial

Champaign, IL; Cincinnati, OH – WEBWIRE

Spatial, a social intelligence company that allows its users to navigate a city like a local, has raised $2.1 Million in seed funding. Serra Ventures led the round, joined by Connetic Ventures, M25 Group, Fulcrum, Caerus Investment Partners and several angel investors.
In 2016, Spatial was one of 12 companies selected to participate in the Techstars Mobility Accelerator program. The company announced a deal with Ford at Demo Day. Spatial was also named Fortune Magazine’s Top 10 Automotive Startups of 2016 and was featured in Inman news as a top Real Estate innovation.
“Serra Ventures is thrilled to partner with the Spatial team,” said Rob Schultz, Managing Partner with Serra Ventures.  “Billions of people interact with maps across multiple devices everyday. Bringing social context to maps using Spatial’s patent pending technology will improve map usability in many industries including travel, real estate and automotive.” Lyden Foust, CEO of Spatial shares: “We are thrilled to be working with Serra Ventures.  The partners bring much more than capital to our company. Their business building expertise will be invaluable as we continue to grow.”
About Serra Ventures

Serra Ventures is an early stage venture capital firm investing in technology companies in emerging Midwest technology centers and selected other geographies. Sectors of focus include information technology, devices/instrumentation and agricultural technologies. Serra Ventures is headquartered in the University of Illinois Research Park in Champaign, Illinois.  For more information, visit
About Spatial

Spatial’s artificial intelligence software aggregates unstructured social data across hundreds of cities in real time. It is an example of the innovation that happens when you cross human and machine disciplines. Lyden Foust (CEO) is an ethnographic urban researcher and Will Kiessling (CTO) a jet engine software engineer from GE. Both world travelers, they saw an opportunity to leverage the invisible layer of behavioral information pouring out of cities, and together built a software that can handle the mass amount of unstructured data from over 30 sources using human-driven, machine-assisted analysis.

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