Locance

About Locance

This startup offers cloud-based geolocation services that ensure compliance with geographic regulations in gaming and enable real-time tracking of IoT assets. Their technology provides precise location data management, addressing the need for regulatory adherence and visibility of assets in dynamic environments.

```xml <problem> Many industries, particularly gaming, lottery, and financial services, face challenges in ensuring compliance with geographic regulations and preventing fraud related to user location. Traditional methods of geolocation verification can be unreliable and difficult to integrate into existing applications and workflows, leading to potential legal and financial risks. </problem> <solution> Locance provides a cloud-based geolocation and compliance platform that enables businesses to verify user locations, deter fraud, and ensure regulatory adherence. The platform offers a suite of services, including multi-source location detection, device profiling, and geofencing, accessible through web service APIs and a SaaS customer portal. Locance's solutions integrate into existing applications and workflows, providing real-time actionable intelligence and customizable configurations to meet specific business needs. By leveraging Locance's platform, organizations can geographically control access to content, applications, and services, protecting against threats to digital transactions and assets. </solution> <features> - Multi-source location API to locate devices across mobile, Wi-Fi, and fixed connections with reverse geocoding - Device profiling API to identify risky device configurations and behaviors - Smart Zone geofencing API to trigger actions based on pre-configured or custom virtual boundaries - Geolocation compliance API to meet regulatory requirements and counter cyber threats - Mobile App SDKs for iOS and Android integration - Browser JavaScript SDK for browser-based applications - SaaS web portal for developer resources, administrative tools, and interactive reporting - Configurable APIs to tailor queries to specific business challenges </features> <target_audience> Locance primarily serves businesses in the gaming, lottery, supply chain and asset monitoring, and financial services industries that require accurate geolocation services for compliance, fraud prevention, and operational efficiency. </target_audience> <revenue_model> Locance generates revenue through subscription-based access to its cloud-based platform and APIs, with pricing potentially varying based on usage volume and specific features required. </revenue_model> ```

What does Locance do?

This startup offers cloud-based geolocation services that ensure compliance with geographic regulations in gaming and enable real-time tracking of IoT assets. Their technology provides precise location data management, addressing the need for regulatory adherence and visibility of assets in dynamic environments.

Where is Locance located?

Locance is based in Carlsbad, United States.

When was Locance founded?

Locance was founded in 2022.

Location
Carlsbad, United States
Founded
2022
Employees
10 employees

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Locance

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Executive Summary

This startup offers cloud-based geolocation services that ensure compliance with geographic regulations in gaming and enable real-time tracking of IoT assets. Their technology provides precise location data management, addressing the need for regulatory adherence and visibility of assets in dynamic environments.

locance.com500+
Founded 2022Carlsbad, United States

Funding

No funding information available.

Team (10+)

No team information available.

Company Description

Problem

Many industries, particularly gaming, lottery, and financial services, face challenges in ensuring compliance with geographic regulations and preventing fraud related to user location. Traditional methods of geolocation verification can be unreliable and difficult to integrate into existing applications and workflows, leading to potential legal and financial risks.

Solution

Locance provides a cloud-based geolocation and compliance platform that enables businesses to verify user locations, deter fraud, and ensure regulatory adherence. The platform offers a suite of services, including multi-source location detection, device profiling, and geofencing, accessible through web service APIs and a SaaS customer portal. Locance's solutions integrate into existing applications and workflows, providing real-time actionable intelligence and customizable configurations to meet specific business needs. By leveraging Locance's platform, organizations can geographically control access to content, applications, and services, protecting against threats to digital transactions and assets.

Features

Multi-source location API to locate devices across mobile, Wi-Fi, and fixed connections with reverse geocoding

Device profiling API to identify risky device configurations and behaviors

Smart Zone geofencing API to trigger actions based on pre-configured or custom virtual boundaries

Geolocation compliance API to meet regulatory requirements and counter cyber threats

Mobile App SDKs for iOS and Android integration

Browser JavaScript SDK for browser-based applications

SaaS web portal for developer resources, administrative tools, and interactive reporting

Configurable APIs to tailor queries to specific business challenges

Target Audience

Locance primarily serves businesses in the gaming, lottery, supply chain and asset monitoring, and financial services industries that require accurate geolocation services for compliance, fraud prevention, and operational efficiency.

Revenue Model

Locance generates revenue through subscription-based access to its cloud-based platform and APIs, with pricing potentially varying based on usage volume and specific features required.

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