Foursquare's product today is enterprise location intelligence. It licenses point-of-interest data, foot-traffic visit data, and audience segments to advertisers, retailers, and analytics customers. The consumer-facing Swarm app still operates, while City Guide shut down (the app on December 15, 2024 and the web version on April 28, 2025). Consumer apps have been a small share of the business since the April 2020 all-stock merger with Factual Inc. consolidated Foursquare's pivot to a B2B data company. Location data is collected from the owned apps and from third-party apps that embed the Movement SDK (formerly Pilgrim SDK).
Foursquare launched at SXSW in March 2009 as a check-in app competing with Gowalla and later Yelp's location features. The consumer product split into Foursquare City Guide and Swarm in 2014. Through the 2010s the company gradually pivoted toward enterprise data licensing, which became dominant after the April 2020 merger with Factual - itself a major location data broker that owned the Geopulse and Engine products. The combined company kept the Foursquare name.
Today Foursquare describes itself as the "world's most trusted and independent location technology platform," a positioning calibrated against the fact that the only larger location-data competitors are Google and Apple - companies whose primary business model is not location data alone. The current product lineup is Places (POI database), Movement (foot-traffic analytics), Pinpoint (audience targeting), Attribution (ad measurement), and Studio (geospatial analytics, formerly the acquired Unfolded product). The Movement SDK is embedded by partner app developers to collect location signals in exchange for analytics or monetization features. The Foursquare Rewards Points program was retired April 21, 2023.