The distinctiveness of PlaceILive.com website is that it provides on the map the summary of information gathered from a variety of state and municipal institutions, also social media and crowdsoursed data. That allows users to find out the most relevant information about the certain place of interest.
The information includes crime levels, noise and air pollution, attractions, distances, public transport stops, educational institutions, demographic data and etcetera. Together with the most visited points from Foursquare or Yelp, photos, evaluations and comments by PlaceILive.com users, projects manages to show the real-time pulse of each neighborhood.
“We use huge sets of open data and systematize it to provide free information in the most understandable way” explains Sarunas Legeckas, the CEO of the company. “Everyone who works with this project, believes that open data is the future and we want casual citizens to understand the benefits it can deliver. Our ultimate goal is to cover all the biggest cities in the world and give everyone an opportunity to get to know and evaluate their surroundings.”
In 2013 the Placeilive.com received €200 000 investment from venture capital fund “Practica Seed Capital” and was able to broaden its business horizons to London, Berlin, Chicago and San Francisco. Company already controls a fully functioning project in Lithuania, under the name KurGyvenu.lt, where it received great recognition and positive reviews.
Sarunas Legeckas says that the Placeilive.com project team continues improving the website for a foreign market, complementing it with a wide range of data, adapting to user needs.
“What we try to do, is to create a global database for people who are traveling from city to city, who plan to rent or buy real estate and for those, who care about the place they live in. Simply by visiting www.placeilive.com and entering address of their interest, they can get almost all information they need” notices Sarunas Legeckas.
In 2012 PlaceILive.com participated in business accelerator “Startup Highway”. Since 2013 project is financed by “Practica Capital”, a seed and venture funds based in Vilnius, Lithuania, which is financed from the Operational Programme for Economic Growth 2007-2013 under the JEREMIE initiative in Lithuania, by the European Regional Development Fund.