Fundraising Fox

Hivemapper

15 known investors

hivemapper.com

Hivemapper is a decentralized mapping network built on Solana that enables contributors to map the world in real time using cameras and apps while earning rewards through a token-based incentive system.

Also known as Hivemapper · Hivemapper Network

Crypto & Web3Data & Infrastructure

Founders & leadership

AS
Ariel SeidmanFounder

Investors · 15

Also in the syndicate · 2

Ajna CapitalLDA Capital

Funding

SEC filings, press & company announcements

$32M disclosed across 1 round · 2025

Source: company announcements and press reports — follow each round's link for the claim.

Company profile

researched Aug 2026

Hivemapper is a decentralized street-level mapping network in which a distributed base of people, cameras and apps collect road imagery and map data in real time. The resulting map is presented through an interactive coverage explorer that reports total road kilometers mapped, unique road kilometers mapped and global road coverage, with region pages for cities including Tokyo, Singapore, Los Angeles, Paris, New York and Austin.

The network is built on the Solana blockchain and uses a token, HONEY, to reward contributors for supplying fresh map data; contributions are recorded on-chain. Hardware in the ecosystem includes dashcams, with contributor commentary on the company site describing a newer device called the 'Bee' as an upgrade over earlier dashcam models. Hivemapper is commonly discussed as part of the DePIN (decentralized physical infrastructure) category alongside projects such as Helium.

Business model

Hivemapper operates a contributor-powered network rather than owning a mapping fleet: individuals and fleets install dashcams (including the 'Bee' device) or apps, drive as they normally would, and submit street-level imagery. Contributions are tracked on-chain and compensated in the HONEY token, which the company describes as the economic engine of the network. Contributors are also offered a 'fleet protection' benefit called Beekeeper. The company's site references map data being used by external parties such as Lyft.

Not stated in the available sources beyond the HONEY token mechanism for rewarding contributors; one contributor post references a token burn mechanism correlated to revenue.

Traction

The company's site reports total and unique road kilometers mapped and global road coverage via live counters, and cites a third-party post stating the network has mapped about 33% of the global road network. Contributor posts referenced on the site indicate Lyft's use of Hivemapper's community-built maps.

Full profile — market position, technology, go-to-market, geography

Market position

Hivemapper is described by third-party commentators cited on its site as a leading DePIN project and a decentralized alternative to incumbent mapping providers, having mapped roughly a third of the global road network.

Hivemapper positions itself as a crowd-sourced, contributor-owned alternative to centrally collected street-level map data, emphasizing real-time freshness, on-chain transparency of contributions and token-based compensation instead of a company-operated collection fleet. The site describes it as the fastest-growing network of its kind.

Technology

A blockchain-based mapping network on Solana in which imagery collected by dashcams (including the 'Bee' device) and mobile apps is tracked on-chain and rewarded with the HONEY token, feeding an interactive global road coverage map.

Go-to-market

Acquisition is driven by recruiting individual drivers and commercial fleets to install cameras and map passively during normal driving, with token rewards as the incentive, supported by community and social-media advocacy from contributors and crypto-ecosystem participants.

Contributors include individual drivers and commercial fleet operators; map data consumers referenced include companies such as Lyft.

Geography

The network is presented as global, with coverage pages highlighted for Tokyo, Singapore, Los Angeles, Paris, New York and Austin; posts cited on the site reference contributor activity in additional U.S. locations such as Sacramento and Salt Lake City.

Compiled by commissioned research from 2 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Share of global road network mappedJan 202533%

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Competitors · 8

by search overlap
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Kraken14 shared keywordsKraken 360 Investments provides capital and launch infrastructure to blockchain protocols in pre-token and early post-token phases, offering custody, staking, treasury, and liquidity services alongside fundraising support.
Bee Maps13 shared keywordsBeemaps provides real-world video and imagery data for physical AI applications, with coverage refreshed on a scale of days. It operates a platform where distributed devices ("Bees") help expand geographic imagery coverage.
Crypto13 shared keywordsCrypto.com operates a regulated all-in-one financial app where users can buy, trade, earn, and spend cryptocurrencies, stocks and ETFs, and prediction market contracts, plus a self-custody onchain wallet with DeFi access. It serves retail and institutional investors globally, with equities and prediction markets offered to US users under SEC and CFTC regulation.
TradingView11 shared keywordsTradingView is a charting platform and social network used by over 100 million traders and investors worldwide to analyze and trade across global financial markets. The platform provides tools for technical analysis, market data, and community collaboration for retail and institutional traders.
MEXC11 shared keywordsMEXC is a cryptocurrency exchange where users trade a range of tokens and futures, with features such as low fees and liquidity. It highlights asset security measures including a Guardian Fund, 1:1 backed reserves, and a futures insurance fund.
CryptoRank10 shared keywordsCryptoRank provides cryptocurrency market data, analytics, and research, including live prices and market capitalization rankings for thousands of coins, along with fundraising trends and token sale tracking. It publishes insights and reports covering exchanges, funding rounds, and market narratives for crypto investors and researchers.
Hive10 shared keywordsHive provides a work management platform for enterprises to align and execute work across teams, with features for portfolio planning, workflow standardization, governance, and reporting.

Companies competing with Hivemapper for the same Google search keywords, organic and paid, via search-intersection analysis.

Non-dilutive funding · 4 SBIR/STTR awards

Federal grants — no equity taken
AgencyPhaseYearAmount
Department of DefenseSpecial Operations CommandPhase II2021$2.1M
U.S. Air ForceAir ForcePhase II2019$1.5M
U.S. Air ForceAir ForcePhase II2019$750K
U.S. Air ForceAir ForcePhase I2019$44.9K

Source: SBIR.gov award data (U.S. Small Business Administration). SBIR/STTR awards are competitive federal R&D grants and contracts — non-dilutive capital alongside any venture rounds above.

In the news

Research sources · 2

primary sources listed

2 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Hivemapper do?
Decentralized, Solana-based network of drivers, dashcams and apps that maps global streets in real time and pays contributors in HONEY.
Who founded Hivemapper?
Hivemapper was founded by Ariel Seidman.
Who are Hivemapper's investors?
Hivemapper's investors include Accelerator Ventures, Borderless Venture, Founder Collective, Hemisphere Ventures LLC, Homebrew, Multicoin Capital, Shine Capital, 75 & Sunny and 5 more.
How much funding has Hivemapper raised?
Hivemapper has disclosed $32M raised across 1 round.