34 Rising Geospatial Data Science Companies to Watch in 2024

Here is a list of 34 rising geospatial data companies that are making a positive impact you should know.  

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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 34 Geospatial Data Companies You Should Know in 2024 

1. Cyvl.ai

Cyvl develops an infrastructure technology platform that enables civil engineers and governments to manage physical infrastructure assets.

• Founder(s): Bryan Licciardi, Daniel Pelaez, Noah Budris, Noah Parker
• Founding year: 2020
• Headquarter(s): Somerville, Massachusetts, United States
• Funding: Venture – Series Undisclosed

2. FATMAP

FATMAP is an outdoor adventure platform for web & mobile.

• Founder(s): David Cowell, Misha Gopaul
• Founding year: 2013
• Headquarter(s): Berlin, Germany
• Funding: Undisclosed

3. Granular

Granular.ai is a data analytics company that developed an artificial intelligence platform for satellite imagery.

• Founder(s): Sagar Verma, Siddharth Gupta
• Founding year: 2019
• Headquarter(s): Somerville, Massachusetts, United States
• Funding: Grant

4. GeoMoby

GeoMoby is shaping the future of mining location Intelligence.

• Founder(s): Christophe Baudia
• Founding year: 2013
• Headquarter(s): Perth, Western Australia, Australia
• Funding: Seed

5. onXmaps

onxMaps is a Montana-based mobile apps company that provide maps for hunters and other outdoor recreation.

• Founder(s): Eric Siegfried
• Founding year: 2009
• Headquarter(s): Missoula, Montana, United States
• Funding: Series B

6. Agrograph

Agrograph is a global agrifinance company focused on data-based solutions that help industries support farmers.

• Founder(s): James O’Brien, Mutlu Ozdogan
• Founding year: 2016
• Headquarter(s): Madison, Wisconsin
• Funding: Seed

7. Xona Space Systems

Xona Space Systems is building a next-generation satellite navigation system.

• Founder(s): Brian Manning, Bryan Chan, Tyler Reid
• Founding year: 2019
• Headquarter(s): San Mateo, California, United States
• Funding: Venture – Series Undisclosed

8. LocalizeOS

Localize is revolutionizing the industry by harnessing the power of AI and cutting-edge technology.

• Founder(s): Amir Winstok, Asaf Rubin
• Founding year: 2019
• Headquarter(s): New York, New York, United States
• Funding: Series C

9. NextBillion.ai

Nextbillion.ai develops AI-powered hyperlocal solutions for business mapping and data management.

• Founder(s): Ajay Bulusu, Gaurav Bubna, Shaolin Zheng
• Founding year: 2019
• Headquarter(s): Singapore, Central Region, Singapore
• Funding: Series B

How do you measure impact?

At NextBillion.ai, we believe the future belongs to those who truly understand and leverage the power of location-based and geospatial technologies to drive innovation, efficiency, and impact. As businesses across industries increasingly incorporate logistics and supply chain activities into their operations, such as fast last-mile delivery services, seamless dispatch, and tracking of a fleet of drivers and field service technicians, it’s important for us to support

companies with custom mapping technologies that result in higher operational performance, efficiency, and flexibility.

10. KorrAI

KorrAI develops digital twin technologies for the global natural resources & infrastructure sector. They integrate satellite data, on-site measurements, IoT, and AI to help companies de-risk their operations, improve efficiency, and provide transparent environmental reporting

• Founder(s): Rahul Anand, Rob McEwan
• Founding year: 2021
• Headquarter(s): Halifax, Nova Scotia, Canada
• Funding: Pre-Seed

11. GeoSpock Ltd.

GeoSpock builds GeoSpock DB, the unique space-time analytics database that delivers rapid insights at a fraction of the cost.

• Founder(s): Darrin Disley, Steve Marsh
• Founding year: 2013
• Headquarter(s): Cambridge, Cambridgeshire, United Kingdom
• Funding: Venture – Series Undisclosed

12. UrbanLogiq

UrbanLogiq provides a data analytics platform that makes city planning faster, cheaper, and more accurate.

• Founder(s): Arun Dawit, Arvinder Kang, Herman Chandi, Mark Masongsong
• Founding year: 2016
• Headquarter(s): Surrey, British Columbia, Canada
• Funding: Convertible Note

How do you measure impact?

Our mission is clear at UrbanLogiq; we build better communities with data. Everything we do circles back to that. Our work with governments helps them make faster, better, and cheaper data-driven decisions for the benefit of their citizens. We define impact by seeing our work contribute to bettering a community; we measure it by the positive real-world outcomes. For example, we automate workflows and save staff time, which allows them to focus on the important things instead of wrangling data. We use data science and artificial intelligence to determine why certain streets have more fatal crashes than others, enabling those in charge to make the necessary changes and improve safety, to name a few examples. At UrbanLogiq, we dedicate ourselves to harnessing the power of data and putting the pieces together to give public officials a holistic view of their communities. When we do that, we empower them to make their communities safer, equitable, and more sustainable, and that is when we know we are making an impact. 

13. Ursa Space Systems

Ursa helps traders and analysts in the finance and energy industries make informed decisions.

• Founder(s): Adam Maher, Derek Edinger, Julie Baker
• Founding year: 2014
• Headquarter(s): Ithaca, New York, United States
• Funding: Series C

14. InfraMappa

InfraMappa is a GIS-based application developer, it allows users to map, visualize and manage their infrastructure assets.

• Founder(s): Moufid Charafeddine
• Founding year: 2015
• Headquarter(s): Novato, California, United States
• Funding: Venture Capital-Backed

15. PlaceTell

PlaceTell is the next-gen map search engine. Available at placetell.com and mobile apps.

• Founder(s): Yi Wang, Yin Su
• Founding year: 2018
• Headquarter(s): Buffalo, New York, United States
• Funding: Pre-Seed

16. Onsights.io

Retail Intelligence. Bringing online retail analytics to the brick-and-mortar world.

• Founder(s): Steven Witt
• Founding year: 2018
• Headquarter(s): Reston, Virginia, United States
• Funding: Series A

17. Hydrosat

Hydrosat provides geospatial intelligence for food security, critical infrastructure, and the environment.

• Founder(s): Jakob Van Zyl, Pieter Fossel, Royce Dalby, Yunjin Kim
• Founding year: 2017
• Headquarter(s): Washington, District of Columbia, United States
• Funding: Seed

18. Mapsense Technologies

Mapsense helps build amazing Enterprise-grade products using Geospatial Technologies at speed and reduced development cost.

• Founder(s): Sachin Kanaujia
• Founding year: 2018
• Headquarter(s): Gurgaon, Haryana, India
• Funding: Undisclosed

19. Gray Routes Technology Pvt. Ltd.

Gray Routes AI Predict & Optimize Demand variations with GraySense Supply Chain AI.

• Founder(s): Sapna Patel, Soubhagya Sahoo
• Founding year: 2013
• Headquarter(s): Toronto, Ontario, Canada
• Funding: Non-equity Assistance

20. Peregrine Land Investments

Peregrine Land Investments is a tech-enabled real estate investment firm located in Austin, Texas. They take a data-driven approach to investing in attractively priced undeveloped land in the path of growth in markets with favorable long-term migration trends.

• Founder(s): Stormey Barton, Noah Pape
• Founding year: 2020
• Headquarter(s): Austin, Texas
• Funding: Series Undisclosed

21. OpenCounter

OpenCounter combines Silicon Valley and public-sector talent to create best-of-class products for modern governments.

Founder(s): Joel Mahoney, Peter Koht

Founding year: 2020

Headquarter(s): Boston, Massachusetts, United States

Funding: Debt Financing

22. SpaceSense

SpaceSense is a technology company helping organizations build geospatial AI solutions simpler. They provide an AI toolbox designed to help geospatial data scientists and developers build AI solutions faster, easier, and at scale.

• Founder(s): Jyotsna Budideti, Sami Yacoubi 
• Founding year: 2019
• Headquarter(s): Paris, Île-de-France
• Funding: Seed

23. Near Space Labs

Near Space Labs is an aerial imagery company that provides timely wide-scale imagery from the stratosphere at affordable prices.

• Founder(s): Albert Caubet, Ignasi Lluch, Rema Matevosyan
• Founding year: 2017
• Headquarter(s): Brooklyn, New York
• Funding: Series A

24. Wyvern

Wyvern is a space company located in Edmonton, Alberta, Canada delivering Earth Observation imagery from the satellite. 

• Founder(s): Callie Lissinna, Chris Robson, Kristen Cote, Kurtis Broda
• Founding year: 2018
• Headquarter(s): Brooklyn, New York
• Funding: Seed

25. Albedo

Albedo designs and operates satellites that capture imagery at a higher resolution.

• Founder(s): AJ Lasater, Topher Haddad, Winston Tri
• Founding year: 2020
• Headquarter(s): Denver, Colorado
• Funding: Series A

26. Matidor.com

Matidor is a YC-backed project management software on a live map. Their platform eliminates collaboration and visibility challenges by consolidating all key project information on one intuitive, map-based dashboard, with real-time updates that can be shared between multiple parties.

• Founder(s): Sean Huang, Vincent Lam
• Founding year: 2018
• Headquarter(s): Vancouver, British Columbia, Canada
• Funding: Seed

27. TerraMagna

TerraMagna is reinventing the way credit is underwritten, provided, and collected in Brazilian agriculture by leveraging technology and alternative data sources to transform a risky and volatile process into a simple and safe experience.

• Founder(s): Adriano Dantas, Bernardo Fabiani, João Paulo Torres, Renato Sanabria, Rodrigo Marques
• Founding year: 2017
• Headquarter(s): São José dos Campos, Spain
• Funding: Debt Financing

28. Proxi

Proxi’s no-code mapping software makes mapping and crowdsourcing geographic recommendations accessible to everyone.

• Founder(s): Chelsey Roney, Melinda Haughey
• Founding year: 2020
• Headquarter(s): Seattle, Washington, United States
• Funding: Pre-Seed

How do you measure impact?

At Proxi, we talk to our customers every single day. Our team is constantly learning how they share places with their audiences, how they serve their audiences, and how software like Proxi can help. This is why we define impact as the ability to streamline the process of creating, sharing, and reaping the rewards from curated guides to the world. In order to help our users achieve these goals, we are constantly improving our product, including rolling out exciting AI features this month. Proxi’s success can be measured qualitatively, in the ways that people tell us how Proxi has benefitted their business, as well as quantitatively, by tracking how the flywheel of adoption drives more people to build guides on Proxi

29. AI Clearing

Full digital field construction progress tracking. To decrease re-work cost. To mitigate litigation risk. 100% database.

• Founder(s): Adam Wisniewski, Michael Mazur, Michael Mazur
• Founding year: 2019
• Headquarter(s): Austin, Texas, United States
• Funding: Convertible Note

30. Blackshark.ai

Blackshark.ai provides powerful insights into the world by extracting information from satellite imagery fully automatically.

• Founder(s): Brad Young, Michael Putz, Thomas Richter
• Founding year: 2020
• Headquarter(s): Graz, Steiermark, Austria
• Funding: Venture – Series Undisclosed

31. Ariadne Maps

Ariadne Maps is a high-tech company with a global presence, which provides physical organizations with comprehensive and detailed real-time customer and visitor analysis for the optimization of the operation of their stores and better customer service.

• Founder(s): Georgios Pipelidis, Nikos Tsiamitros
• Founding year: 2019
• Headquarter(s): Garching Bei München, Bayern, Germany
• Funding: Seed

32. GeoIQ

GeoIQ.io is an ML-ready location data and no-code AI for fintech.

• Founder(s): Ankita Thakur, Tusheet Shrivastava, Devashish Fuloria
• Founding year: 2018
• Headquarter(s): Bangalore, Karnataka, India
• Funding: Seed

How do you measure impact?

“We impact key decisions at the strategy level by providing crucial analytics and insights drawn from real-world location data. The data is sourced from hundreds of alternate data sources that lie external to the organizations’ systems. We believe that harnessing insights from location data opens up a holistic view of user behavior and patterns, and opportunities and risks of business presence at a location.”

Metrics for Impact:

We have helped our retail clients to streamline their expansion initiatives where they can:

• Quantify locations and get recommendation scores in <1 second. 
• Reduce their site selection cycle by more than 17-20 days to less than 12 hours
• Avoid cannibalization and maximize revenue at the store level

For our banking and insurance clients:

• 15% uptick in risk prediction accuracy
• 10% decrease in NPA (non-performing assets)
• 20% uptick in book size
• 20% uptick in claims prediction

33. Ecopia AI

Ecopia is an industry-leading artificial intelligence company that specializes in extracting insight from geospatial big data.

• Founder(s): Jon Lipinski, Yuanming Shu
• Founding year: 2013
• Headquarter(s): Toronto, Ontario, Canada
• Funding: Undisclosed

How do you measure impact?

Ecopia is on a mission to create a digital twin of the Earth. We leverage artificial intelligence to convert high-resolution geospatial imagery into accurate, up-to-date, and comprehensive vector maps. These maps form a digital representation of reality and are embedded into decision-making applications, offering unique insight at scale. Ecopia measures our success by the ultimate impact our maps have on real-world applications. For example, humanitarian organizations like the WHO and Bill & Melinda Gates Foundation leverage our AI-based mapping data for critical public health initiatives related to malaria, polio, and other potentially deadly diseases. Similarly, NOAA is applying our vector maps as they help communities build climate resilience strategies and mitigate climate change. These real-world applications, improving lives and saving the planet, combined with the efficiency and cost savings in feature digitization we are able to deliver to these organizations, are how we measure the success and impact of our company.

34. HyperTrack

HyperTrack is the location cloud for last-mile delivery, field service, and gig work.

• Founder(s): Abhishek Poddar, Kashyap Deorah, Prajakt Deolasee, Tapan Pandita
• Founding year: 2015
• Headquarter(s): San Francisco, California, United States
• Funding: Series A