Benzinga | May 11, 2021 10:30AM EDT

Maptician Reports Secured $1.7M Of Seed Round Funding Led By Nelnet

Maptician, the premier provider of intelligent space and occupancy management technology, announced today it has received an investment of $1.7 Million in funding led by Nelnet (NYSE:NNI). Maptician's solution includes an interactive smart-map technology to visually manage the workplace and its occupants. The company also welcomes Bryson Koehler, current Equifax Chief Technology Officer, as an independent strategic investor. The new influx of capital will be instrumental to further product development, as Maptician's unique hybrid workplace technology has been in greater demand due to the Covid-19 pandemic and its impacts on business.



"We firmly believe Maptician's smart map and occupancy management technology is one of the most timely and relevant offerings in market today," said Nick Eurek, president of Maptician. "With this investment and the addition of a stellar new strategic investor in Bryson Koehler, we will further accelerate our outreach and continue to develop our software platform which supports the new hybrid workplace, allowing companies of all sizes to offer and manage the flexibility of when and where their employees work."

Nelnet was joined by Invest Nebraska and the Nebraska Angels to complete the $1.7M round of funding. Nelnet is a publicly traded investment-grade company offering a diverse set of services across a wide range of markets and industries. Invest Nebraska is a statewide venture development organization focused on growing Nebraska's economy by providing operational assistance and seed capital to entrepreneurial start-up companies with high growth potential. Nebraska Angels is a network of accredited investors who support local economic development and build up the entrepreneurial community.

"As an early customer and now an investor, we firmly believe Maptician is poised to disrupt the market for workplace and capacity management technology," said Al Davis, Nelnet executive director of Enterprise Risk Management and leader of the company's pandemic response team. "Companies continue to grapple with how to bring employees back to the workplace safely and effectively. Maptician's technology helps solve these problems by offering interactive distancing tools and system-wide contact tracing, as well as an agile approach to a new hybrid work model with employees working a combination from home and in the office. Maptician is an essential component of our return-to-work strategy and post-pandemic future."

Additionally, Bryson Koehler brings his years of technology, strategic insights, as well as data and analytics expertise as a strategic investor for Maptician. Koehler, who is widely considered an authority in artificial intelligence and machine learning, currently serves as Chief Technology Officer at Equifax. Previously, he was Chief Technology Officer for IBM Watson and Cloud Platform. He also led technology at The Weather Channel Companies as CIO, and headed product development for Intercontinental Hotels Group (IHG).

Leveraging the additional capital, Maptician plans to hire technology, product, sales, and marketing positions in the Lincoln, Nebraska, and metro Atlanta markets.

Maptician is a 2019 graduate of Tech Alpharetta and attributes a strong start and early success to its time with the incubator.

For more information on Maptician's technology, please visit www.maptician.com.