Replica
Financials
Estimates*
USD | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|
Revenues | 3.4m | 7.1m | 15.2m | 15.2m |
% growth | - | 109 % | 113 % | - |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | N/A | Seed | |
$11.0m | Series A | ||
$41.0m | Series B | ||
Total Funding | CAD70.9m |
Related Content
Recent News about Replica
EditReplica is a data analytics startup that specializes in providing detailed insights into transportation and urban planning. The company serves a variety of clients, including government agencies, urban planners, and transit authorities. Operating in the urban mobility and transportation market, Replica offers a unique platform that helps clients understand and predict travel behavior, transit ridership, and the impact of infrastructure changes.
The core of Replica's business model revolves around its comprehensive datasets and simulation tools. These datasets include information on auto and transit trips, commercial freight movements, demographics, employment, and spending patterns. By leveraging this data, clients can draw walksheds (areas within walking distance) for transit routes, identify potential ridership pools, and analyze trip characteristics. For example, the METRORapid project in Houston used Replica's data to assess how students and others would benefit from a new transit corridor.
Replica's platform also allows clients to simulate various scenarios, such as changes to the road network, population growth, and land use changes. This self-service approach enables rapid and cost-effective forecasting, which is a significant departure from traditional, more time-consuming models.
The company makes money through subscription fees for access to its platform and data services. Clients pay for the ability to use Replica's tools to make informed decisions about transportation planning and infrastructure investments. Additionally, Replica may offer consulting services to help clients interpret the data and implement their findings.
In summary, Replica is transforming the way urban planners and transit authorities forecast and plan for the future by providing detailed, actionable data and simulation tools.
Keywords: data analytics, transportation, urban planning, transit ridership, walksheds, simulation tools, infrastructure, demographics, spending patterns, forecasting.