- Replica, an Overland Park, Kan.-based data platform to understand and manage urban ecosystems, raised $41m in Series B funding
- The round was led by Founders Fund with participation from previous investors Innovation Endeavors, Sidewalk Labs, Rise of the Rest Fund and Firebrand
- The company also intends to use the funds to grow its customer base and build new solutions
- Replica’s core technology rooted in large-scale simulations powered by artificial intelligence and machine learning that help public and private sector customers assess current needs
- This methodology also makes it possible for customers to receive high-quality, high-fidelity outputs that leverage new data sources like mobile location data, without compromising individual privacy
- Replica plans to expand its suite of product solutions in 2021, including the addition of Scenario, an intuitive and accessible forecasting and scenario modeling tool
