Top 35 Innovative Geospatial Data Companies You Should Know in 2024

Here is a list of the top 35 innovative geospatial data companies that are leveraging technology to make a positive impact on society.

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Introduction

Geospatial data science is a rapidly growing field of technology, and the demand for geospatial data companies is rising. Knowing which companies are at the forefront of the industry is key to staying ahead of the game. This post will discuss the top geospatial data companies you should know about. We’ll cover all the essential players in the geospatial data space, from big names to startups.

What is geospatial data science?

Geospatial data science is an interdisciplinary field of study that combines elements of geography, statistics, and computer science. It focuses on acquiring, storing, manipulating, analyzing, managing, and displaying geospatial data. Geospatial data science is a field that involves using geographic information and spatial analysis to solve problems and make decisions. It combines techniques from computer science, mathematics, statistics, and geographic information systems (GIS) to analyze and visualize data with a geographic component. Applications of geospatial data science can be found in a variety of industries, including transportation, urban planning, environmental management, and marketing.

The market size for geospatial data science is estimated to be growing and is expected to reach over $17 billion by 2023. The growth is due to the increasing use of location-based data and services in various industries such as agriculture, defense, transportation, and environmental monitoring.

What is geospatial data used for?

As geospatial technology is becoming increasingly important in today’s world. It is being used in various ways, and its potential applications are vast. Geospatial data science aims to provide users with tools to gain insight from their location-based data. By combining geospatial data with other forms of data, organizations can create sophisticated models to answer questions such as what geospatial data is used for and which areas require further investigation.

Geospatial data can also be used to provide insights into physical and environmental phenomena, such as urban planning, climate change, natural disasters, agricultural management, and more. 

What are the geospatial data science techniques and applications, and what are their uses?

Geospatial data science techniques include geographic information systems (GIS), remote sensing, spatial analysis, and machine learning. These techniques allow geographers to understand spatial relationships better and uncover insights into how people and the environment interact. Applications range from environmental monitoring to urban planning. Geospatial data science is also increasingly used in agriculture, transportation, healthcare, and retail industries to provide actionable insights.

What is the future of geospatial technology?

The future of geospatial technology lies in its ability to provide valuable insights from the data it collects and how it can be used to solve complex problems. This includes leveraging geospatial data science techniques to analyze and model the data and developing innovative applications for use in various industries.

Geospatial data science techniques involve collecting and analyzing data from multiple sources such as satellite imagery, geographic information systems (GIS), location tracking, and remote sensing. By combining these data sources, geospatial data scientists can uncover new insights and develop powerful applications that can help people better understand their environment and make informed decisions.

In the future, geospatial technology will become even more prevalent and powerful. Companies are already exploring ways to use technology to improve customer service, gain a competitive edge, and create innovative solutions. For example, some companies are utilizing GIS data to identify areas that may be prone to natural disasters or provide real-time traffic updates to help people make more informed decisions about their travel plans. As these technologies continue to advance, the possibilities for what geospatial technology can do are endless.

Top 35 Geospatial Data Companies Should You Know in 2024

1. Climate X

Climate X delivers climate risk-related ratings and asset-level financial impacts for extreme weather events linked to climate change.

• Founder(s): Kamil Kluza, Lukky Ahmed
• Founding year: 2020
• Headquarter(s): London, England, United Kingdom
• Funding: Seed

2. Lazarillo

Lazarillo is dedicated to increasing the autonomy of people with disabilities. Through its free mobile app, Lazarillo enables people with limited or no vision to navigate urban spaces autonomously without having to ask for assistance from others.

• Founder(s): Alvaro Cordova, René Espinoza
• Founding year: 2016
• Headquarter(s): Tampa Bay Area, East Coast, Southern US
• Funding: Seed

3. Verna

Verna uses geospatial data science to use land in a way that reduces carbon, enhances biodiversity, and generates sustainable returns.

• Founder(s): Matthew Brown
• Founding year: 2020
• Headquarter(s): Borehamwood, Hertford, United Kingdom
• Funding: Pre-Seed

4. Chloris Geospatial

Chloris Geospatial can provide answers today to critical natural capital issues.

• Founder(s): Alessandro Baccini, Giulio Boccaletti, Marco Albani, Mark Friedl
• Founding year: 2021
• Headquarter(s): Greater Boston Area, East Coast, New England
• Funding: Seed

How do you measure impact? 

Chloris Geospatial is a Boston-based nature-tech software company, commercializing best-in-class science for estimating natural capital dynamics from space. The mission of Chloris Geospatial is to accelerate the global transition to a net-zero and nature-positive economy with the most reliable, trustworthy, scalable, and cost-effective natural capital data. Our goal is to support faster commercial adoption of high-quality nature-based solutions (NBS) by providing best-in-class intelligence on their performance. 

The Chloris Platform leverages 20 years of paradigm-shifting research in coupling Earth observation data with machine learning and delivers insights via a cloud-native SaaS product. The Chloris technology empowers decision-makers to get on-demand access to reliable, cost-efficient, and repeatable measurements of carbon stocks and changes. With no time to lose to conserve and restore nature, Chloris produces these insights with unprecedented speed and consistency for projects and areas of interest at all scales, across all forest landscapes, and anywhere on the planet.

5. Advanced Risk Analytics Private Limited

Advanced Risk Analytics develops business analytics software to support the insurance, risk management & analytics industry.

• Founder(s): Ashish Belambe
• Founding year: 2014
• Headquarter(s): Asia-Pacific (APAC)
• Funding: Undisclosed

6. TravelMap

TravelMap is a blogging platform that lets travelers create their blog centered on a one-page interactive map.

• Founder(s): Clément Mas
• Founding year: 2014
• Headquarter(s): Berlin, Berlin, Germany
• Funding: Undisclosed

7. AISPECO

AISPECO is an infrastructure inspection platform that specialises in tools for power line surveys.

• Founder(s): Rokas Adiklis
• Founding year: 2020
• Headquarter(s): Vilnius, Vilniaus Apskritis, Lithuania
• Funding: Seed

How do you measure impact? 

Impact of AISPECO is equipment not bought by our clients. By saying this, we mean, since our platforms are reconfigurable and changeable, our customers swap lidars, cameras, and change IMUs all the time. In the past, that would have required custom integration work by the integrator. With AISPECO – it’s a product feature. The main thing we see for remote sensing lately is the drive to reduce vegetation’s impact, namely, wildfire risk. If vegetation around critical infrastructure is kept in check, there is a lesser risk of wildfire breaking out, which, in turn, means fewer lives and wildlife lost, and less property damage. This is a crucial driver for AISPECO at this moment.

8. Skydweller Aero

Skydweller is an aerospace company developing solar-powered aircraft capable of perpetual flight.

• Founder(s): John Parkes, Robert Miller
• Founding year: 2019
• Headquarter(s): Alexandria, Virginia, United States
• Funding: Series A

9. CITYDATA

CITYDATA provides mobility intelligence and citizen apps for smart cities.

• Founder(s): Apurva Kumar
• Founding year: 2020
• Headquarter(s): San Francisco, California, United States
• Funding: Grant

10. Kayrros

Kayrros is an advanced data analytics company that helps global energy market participants make better investment decisions.

• Founder(s): Alexandre d’Aspremont, Antoine Halff, Antoine Rostand, Jean-Michel Lasry, Laurent El Ghaoui
• Founding year: 2016
• Headquarter(s): Paris, Ile-de-France, France
• Funding: Venture – Series Undisclosed

11. Polysentry

Use the power of Polysentry to rapidly ingest, corroborate, and derive insights on data relevant to your business

• Founder(s): Josiah Adams, Tyler Cicirello
• Founding year: 2018
• Headquarter(s): Washington, District of Columbia, United States
• Funding: Grant

How do you measure impact? 

Impact at Polysentry is defined and measured by long-term value creation. Polysentry is a technology company that uses machine learning and natural language processing to automate the analysis of large datasets. Our focus is on building and deploying mission-ready AI solutions that meet rapidly evolving defense and security needs. Our platform enables organizations to generate and analyze new metrics that were previously unattainable or indecipherable. Long-term value requires the creation of performance indicators based on metrics that are both traceable and measurable. Applied intelligently, AI-based data systems can introduce a step change to an organization’s real-time decision-making, giving them the ability to leverage their data to always look forward rather than retrospectively. 

– Tyler Cicirello, CEO of Polysentry

12. Synthetaic

Synthetaic is a company that grows large and high-quality datasets sufficient for machine learning.

• Founder(s): Corey Jaskolski
• Founding year: 2018
• Headquarter(s): Delafield, Wisconsin, United States
• Funding: Series A

13. Mapillary

Mapillary has built a street-level imagery platform that uses photos that have been uploaded by members of the public.

• Founder(s): Jan Erik Solem, Johan Gyllenspetz, Peter Neubauer, Yubin Kuang
• Founding year: 2013
• Headquarter(s): 
• Funding: Series B

14. Firmatek

A leading drone and LiDAR service company for stockpile management and 3D mapping.

• Founder(s): Jay Heck Sr.
• Founding year: 2001
• Headquarter(s): San Antonio, Texas, United States
• Funding: Undisclosed

How do you measure impact? 

Firmatek’s offerings are having a large impact on the companies we serve. Some of those are financial, and we can quantify them that way. Others are more subtle, and less easily quantified.

We have the opportunity with the combination of services and technology to truly change the way companies operate. We empower them with the data, analytics, and tools that they need to make better operational decisions, and in many cases completely change the way they are able to operate. This can be anything from better corporate governance to better asset management to improved safety.

15. AirWorks

AirWorks develops AI-powered software to create automated maps from aerial data, building the future of mapping for the built environment.

• Founder(s): Adam Kersnowski, David Morczinek
• Founding year: 2017
• Headquarter(s): Boston, Massachusetts, United States
• Funding: Venture – Series Undisclosed

16. Spatial Laser

Spatial Laser helps investors in single-family homes find the perfect places to invest, using geospatial analytics.

• Founder(s): Shaofei Chen, Steven McCord
• Founding year: 2019
• Headquarter(s): Plano, Texas, United States
• Funding: Venture – Series Undisclosed

17. Geosite

Business operations’ platform links the power of spatial data and analytics to business operations, incident management, and planning.

• Founder(s): Rachel Olney
• Founding year: 2018
• Headquarter(s): Palo Alto, California, United States
• Funding: Venture – Series Undisclosed

18. Descartes Labs

Enables a better understanding of the physical world through the scalable analysis of geospatial data.

• Founder(s): Adam Smith, Mark Johnson, Mark Mathis, Mike Warren, Steven Brumby, Tim Kelton
• Founding year: 2014
• Headquarter(s): Santa Fe, New Mexico, United States
• Funding: Series B

19. InfraLytiks

InfraLytiks is an IT company specializing in providing Machine Learning and AI solutions.

• Founder(s): Akash Vidyadharan, Tyler Carter
• Founding year: 2016
• Headquarter(s): Des Moines, Iowa, United States
• Funding: Grant

20. Kinnami

Kinnami provides a resilient data fabric, simplifying data availability, protection, and security for complex distributed networks.

• Founder(s): Chris Chandler
• Founding year: 2015
• Headquarter(s): Braintree, Massachusetts, United States
• Funding: Grant

21. triply

triply is a GreenTech company that develops a mobility assessment platform to analyze, improve, and monitor commuter mobility.

• Founder(s): Christopher Stelzmüller, Gregor-Alexander Petri, Sebastian Tanzer
• Founding year: 2017
• Headquarter(s): Linz, Oberosterreich, Austria
• Funding: Seed

How do you measure impact? 

As we give our customers access to actionable insights on their mobility-related carbon emissions and help them to plan carbon-reducing mobility measures, we measure our impact by checking what measures are implemented and what the actual emission reductions are year by year.

22. GeoVerra

GeoVerra is a geospatial and mapping company that offers land survey services to oil & gas, forestry, construction, and legal industries.

• Founder(s): Heather Bennett, Leo Edwards, Aleks Kubilius, Mohamed Attia
• Founding year: 2020
• Headquarter(s): Edmonton, Alberta, Canada
• Funding: Undisclosed

23. AiDash

AiDash is a SaaS company that enables satellite-powered operations and maintenance for utility, energy, and other core industries.

• Founder(s): Abhishek Vinod Singh, Nitin Das, Rahul Saxena
• Founding year: 2019
• Headquarter(s): San Jose, California, United States
• Funding: Convertible Note

24. Airspace Link

Airspace Link is an FAA approved UAS/Drone Low Altitude Authorization and Notification Capability (LAANC) Platform

• Founder(s): Ana Healander, Daniel Bradshaw, Michael Healander
• Founding year: 2018
• Headquarter(s): Detroit, Michigan, United States
• Funding: Series B

25. Remix Social Ideas

Remix emerged from the desire to remix strategy, entertainment, and human truth with social media, creating projects and campaigns that entertain, inform, move and bring the public closer to the brand.

• Founder(s): Ana Laura Mello
• Founding year: 2009
• Headquarter(s): São Paulo
• Funding: Undisclosed

26. Propeller Aero

Propeller is a global leader in 3D mapping and data analytics solutions that give worksites the power to measure and manage themselves, with visual tools that everyone can use from any device, anywhere, anytime. 

• Founder(s): Francis Vierboom, Rory San Miguel
• Founding year: 2014
• Headquarter(s): Surry Hills, New South Wales, Australia
• Funding: Series B

27. VETRO

VETRO FiberMap is a fiber management GIS mapping platform that develops software to help internet providers manage their networks.

• Founder(s): Sean Myers, Will Mitchell
• Founding year: 2008
• Headquarter(s): Portland, Maine, United States
• Funding: Private Equity

28. LocationIQ

LocationIQ provides reliable location services along with tracking, fast geocoding, reverse geocoding, and maps services.

• Founder(s): Gopi Aravind
• Founding year: 2013
• Headquarter(s): Hyderabad, Andhra Pradesh, India
• Funding: Undisclosed

How do you measure impact? 

At LocationIQ, we believe in the potential of open-source technology, which is why we regularly make efforts to foster a love of open-source communities and promote its use in our projects. We also strive to do our part by actively contributing to open-source projects and engaging with the community. To measure the impact of these efforts, we track the usage and application of community-driven projects within our organization, as well as the number of contributions we have made to open-source projects.

For our customers – Quantitatively, we measure usage data on a regular basis (success/failure rates, response time, etc) and response/ resolution times for support issues. Qualitatively, we seek customer feedback and opinions to help us gauge our offering’s success. 

29. Blue Sky Analytics

Blue Sky Analytics is a Geospatial Data Intelligence Startup building Environmental Monitoring and Climate Risk Assessment Products.

• Founder(s): Abhilasha Purwar, Kshitij Purwar
• Founding year: 2019
• Headquarter(s): The Hague, Zuid-Holland, The Netherlands
• Funding: Seed

How do you measure impact? 

At Blue Sky Analytics, we provide actionable, high-frequency data sets related to land (forests, farms, orchards, etc.), air (emissions), water (quantity and quality, floods and inundations) and wildfires (emissions and forecasts) for any part of the world. We do this by converting Terabytes of satellite data into actionable data sets, using our proprietary AI & ML algorithms. Our effort is to help measure and monitor the impacts of climate change in near real-time, then waiting for months or years for such data, and to deliver the data at an economical cost to benefit a large swathe of stakeholders across the world.

30. Mach9 Robotics

Mach9 Robotics builds integrated hardware and software to make utility infrastructure inspection more accurate and at 10x lower cost. Mach9 Robotics also makes large-scale subsurface mapping faster, safer, and more accurate.

• Founder(s): Alexander Baikovitz, Haowen Shi
• Founding year: 2021
• Headquarter(s): Pittsburgh, Pennsylvania, United States
• Funding: Seed

31. Sust Global

Transforming complex climate science into transparent financial signals.

• Founder(s): Josh Gilbert
• Founding year: 2019
• Headquarter(s): London, England, United Kingdom
• Funding: Seed

32. OpenLitterMap

OpenLitterMap is turning cleaning the planet into a game!

• Founder(s): Seán Lynch
• Founding year: 2008
• Headquarter(s): Cork, Ireland
• Funding: Undisclosed

33. Floodlight

Floodlight is a dynamic data analytics company focused on making Scope 1 & 2 GHG measurement and reporting fast, easy, and defensible.

• Founder(s): Josh Pitts, Nate Wyne, Suchi Gopal
• Founding year: 2019
• Headquarter(s): Los Angeles, California, United States
• Funding: Non-equity Assistance

34. NavVis

NavVis enables service providers and enterprises to capture and share the built environment as photorealistic digital twins.

• Founder(s): Felix Reinshagen, Georg Schroth, Robert Huitl, Sebastian Hilsenbeck
• Founding year: 2013
• Headquarter(s): Munich, Bayern, Germany
• Funding: Venture – Series Undisclosed

35. UP42

UP42 is an open platform and marketplace to build, run, and scale geospatial products. The company is a subsidiary of Airbus.

• Founder(s): Dirk Hoke
• Founding year: 2018
• Headquarter(s): Berlin, Germany
• Funding: Undisclosed

Read more: Top 34 Rising Geospatial Data Companies Should You Know in 2024 (Part 2)