Menu Close

Summary*

Factual, founded in 2008 and based in Los Angeles, California, is a technology company that developed a location data platform for brands and technology companies. The company's primary focus was helping customers understand their businesses and enabling developers, publishers, and advertisers to create relevant and personalized mobile experiences. In April 2020, Factual merged with Foursquare, a significant development in the company's history.

Throughout its independent operations, Factual successfully raised a total of $103 million in funding, demonstrating investor confidence in its business model and growth potential. The company's innovative approach to location data and its applications across various industries contributed to its prominence in the tech sector.

As of now, there is no concrete information available regarding Factual's IPO prospects. Given the company's merger with Foursquare in 2020, any potential IPO considerations would likely be part of the combined entity's strategy. It's important to note that the decision to go public involves numerous factors, including market conditions, company performance, and strategic goals.

For investors interested in the location data and mobile technology sectors, it's advisable to keep an eye on developments related to the merged Factual-Foursquare entity. As always, potential investors should conduct thorough research and consider consulting with financial advisors before making investment decisions.

How to invest in Factual

While Factual's IPO prospects remain uncertain, investors eager to gain exposure to innovative data companies don't have to wait. At Linqto, we offer members access to interests in pre-IPO private companies, including potential leaders in the data and technology sectors. Our platform allows you to diversify your portfolio with lower minimum investments in promising companies like Factual, potentially benefiting from their growth before they go public.

*These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO. The information provided above is based on current online discussions and is not intended as investment advice. Linqto does not endorse or guarantee the accuracy of this information, and we strongly recommend conducting your own research or consulting with a professional advisor before making any investment decisions. Linqto cannot be held liable for any investment outcomes resulting from the use of this information.