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Foursquare history
Foursquare company history timeline
In November 2009, Foursquare opened up access to its API, enabling developers to access data generated by the Foursquare app and build applications on top of that data.
On June 24, 2011, Foursquare raised $50 million on a $600 million valuation.
In 2011, Foursquare began working on Pilgrim, the core technology that combines stop-detection and snap-to-place functions in order to provide contextual awareness to Foursquare's apps, so they can proactively engage with users in real time.
Their Series D round funding of $35 million was announced on December 19, 2013 and led by DFJ Growth.
On August 7, 2014, the company launched Foursquare 8.0, the completely new version of the service that shifted the focus from check ins to focus on local search and recommendations.
In April 2015, Foursquare began offering location-based enterprise products for marketers and advertisers with the launch of Pinpoint.
On January 14, 2016, co-founder Dennis Crowley stepped down from his position as CEO. He moved to an Executive Chairman position while Jeff Glueck, the company's COO, succeeded Crowley as the new CEO.
In January 2016, the company raised $45 million in a series E funding round led by Union Square Ventures.
In October 2018, the company announced that it raised an additional $33 million in a series F funding round co-led by investors Simon Ventures and Naver, in addition to longstanding investor Union Square Ventures.
In early 2018, Foursquare opened a new engineering office in Chicago.
In May 2019, Foursquare bought Placed from Snap Inc.
On December 6, 2019, Foursquare's Board of Directors announced the appointment of David Shim as Chief Executive Officer and Member of the Board.
In April 2020, Foursquare announced a merger with Factual Inc. in an all-stock deal.
On November 5, 2020 it was announced that David Shim was stepping down as Chief Executive Officer, to be replaced by Gary Little, a member of the company's board.
On May 20, 2021, Foursquare announced an agreement to acquire Unfolded, a next-generation platform for geospatial data unification, enrichment, visualization, and analytics.
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Foursquare competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| MISA | 2001 | $560,000 | 9 | - |
| Lean Startup Machine | 2010 | $940,000 | 34 | 1 |
| Minds.com | 2011 | - | 30 | 10 |
| Core Rights | - | - | 5 | - |
| Upside Business Travel | 2015 | $8.5M | 150 | 16 |
| Tamara Mellon | 2012 | $1.0M | 161 | - |
| LandTrust | 2019 | $1.6M | 15 | 11 |
| M1 Finance | 2015 | $8.5M | 300 | 21 |
| Juntos | 2010 | $489,605 | 76 | 8 |
| Campus Bubble | 2012 | $570,000 | 30 | - |
Foursquare history FAQs
Zippia gives an in-depth look into the details of Foursquare, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Foursquare. The employee data is based on information from people who have self-reported their past or current employments at Foursquare. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Foursquare. The data presented on this page does not represent the view of Foursquare and its employees or that of Zippia.
Foursquare may also be known as or be related to Foursquare and Foursquare Corp.