The round was led by venture capital and private equity firm Insight Partners, with participation from the European Investment Fund, as well as existing investors Accel, Salesforce Ventures, Hearst Ventures, Earlybird and Kibo.

Trusted by market leaders such as JLL, Mastercard and T-Mobile, CARTO has long led the charge in enabling analysts to use SQL for spatial use cases. Now, with many organizations moving to the cloud, CARTO enables an end-to-end analytics workflow on location data, directly on top of the major cloud data warehouses. With support for Google BigQuery, Snowflake, Amazon Redshift, Databricks and PostgreSQL systems, CARTO provides a full cloud-native approach to spatial analytics versus legacy GIS systems. This results in a more scalable and cost-effective solution to working with spatial data, and adds an unrivalled level of interoperability, through Spatial SQL.