Mapsted

The company operates a B2B enterprise software and IoT model centred on indoor positioning and real‑time location services. Its core value creation comes from enabling accurate indoor navigation, mapping, asset tracking, personnel tracking and crowd analytics without requiring beacon grids or external Wi‑Fi infrastructure, reducing deployment complexity and ongoing maintenance for large venues. The offering combines a cloud platform, SDKs for mobile, web and kiosks, an indoor mapping CMS, and optional IoT hardware (tags, badges, flow nodes) to cover both software and physical tracking requirements.

Revenue is generated from ongoing software access (platform, SDK, mapping CMS and analytics), plus one‑off and recurring fees tied to hardware deployments and professional services. Venue operators and enterprises pay for licences and deployments sized to their physical footprint and use cases, while system integrators and app developers use the SDK and APIs to embed location capabilities into their own solutions for those same venue customers.

Mapsted Corp is a Canadian indoor positioning and navigation software provider founded in 2014. It offers a hardware‑free indoor navigation SDK, mapping CMS, interactive indoor maps, and real‑time location services, complemented by IoT devices for asset and personnel tracking and crowd flow analytics. The technology is used in complex venues such as airports, retail centres, hospitals, universities, and industrial facilities that need accurate indoor location and wayfinding without deploying dense beacon networks or external Wi‑Fi infrastructure.

The company generates revenue from enterprise and venue customers that license its cloud platform and SDK, purchase compatible IoT devices, and contract for mapping and integration services. Customers are primarily operators of large indoor spaces (e.g. airports, shopping centres, hospitals, factories, campuses) and their technology partners who embed indoor navigation and tracking into their own applications and workflows.