Company Research Report: NextBillion.ai

Company Overview

Name, Mission of the Company

Name: NextBillion.ai
Mission: NextBillion.ai is on a mission to make location technology truly work for businesses of all sizes and industries. Their goal is to build tailored enterprise-grade solutions that meet real business needs and solve business-specific use cases.

When was the Company Founded and by Whom

Founded: 2020
Founded By: Gaurav Bubna, Ajay Bulusu, and Shaolin Zheng

Key People in the Company

Gaurav Bubna, Co-Founder: Drives product innovation at NextBillion.ai. Has built successful products across ride-hailing, food delivery, and logistics at Grab, Ola, and Morgan Stanley.

Ajay Bulusu, Co-Founder: Brings expertise in cross-functional collaboration having led teams at Grab, Google, Indeed, and American Express.

Shaolin Zheng, Co-Founder: Leads digital innovation with experience in senior engineering roles at Grab, China Music Corporation, and Sina Corporation.

Where is the Company Headquartered

Headquarters:

United States: 21 E State Street, Suite 200, Columbus, OH 43215

Singapore: #32-01, 80 Raffles Place, UOB Plaza, Singapore, 048624

Number of Employees

No information is available.

Revenue of the Company

No information is available.

What is the Company Known For

NextBillion.ai is known for providing highly customizable location technology solutions tailored for businesses. They offer a range of APIs and SDKs focused on route optimization and distance matrix calculations.

Products

Overview

NextBillion.ai offers various APIs and SDKs with a focus on route planning and optimization for logistics and field services.

Route Optimization API

Description: Provides efficient routes for vehicle drivers and field service agents to perform series of deliveries or tasks.
Key Features:

Handles multi-stop delivery routes

Offers 50+ hard and soft constraints

Custom maps

Distance Matrix API

Description: Computes accurate transit ETAs and distances from all origins to destinations.
Key Features:

Supports large matrices (up to 5000x5000)

Low-latency endpoint

Navigation SDK

Description: Renders maps and routes in mobile and web apps, and generates turn-by-turn directions.
Key Features:

Marks critical no-go zones

Best map for any region

Allows new stops on demand

Other APIs/SDKs

Live Tracking API & SDKs: Real-time visibility for fleet management.

Geofencing API: Defines geo-boundaries for operations.

Clustering API: Groups locations for efficient routing.

Snap-to-road API: Aligns coordinates to road networks.

Recent Developments

Recent Developments in the Company

Ferryscanner Partnership (July 8, 2024): NextBillion.ai announced Ferryscanner as a new customer, enhancing ferry booking with advanced mapping technology.

Persistent Systems Reseller Partnership (June 27, 2024): Persistent Systems is now an official reseller of NextBillion.ai’s location technology solutions.

Accenture Partnership (June 14, 2024): Partnership with Accenture for "Route Now", focusing on bridging logistics industry gaps.

New Products Launched

NextBillion.ai Driver App (July 30, 2024): A new mobile application to plan and execute deliveries effectively.

New Features Added to Existing Products

Route Optimization API Enhancements:

Order incompatibility feature.

Other significant feature updates released in Q2 2024.

Any New Partnerships

Ferryscanner Partnership (July 8, 2024): Enhancing ferry booking systems.

Persistent Systems Reseller Partnership (June 27, 2024): New reseller agreement.

Accenture Partnership (June 14, 2024): Collaborated on the "Route Now" project.

Summary

NextBillion.ai provides advanced, customizable routing and mapping technology for a wide range of logistics and field services applications.

They offer a broad suite of APIs and SDKs including Route Optimization API, Distance Matrix API, and Navigation SDK.

The company has experienced notable growth and development, establishing key partnerships and launching new products and features to enhance their suite of services.

This structured and detailed report outlines NextBillion.ai’s firm commitment to improving operational efficiencies and reducing costs for businesses through advanced location technology solutions.