34 Rising Geospatial Data Science Companies to Watch in 2024
14 min readUpdated December 2, 2024
Omdena
Here is a list of 34 rising geospatial data companies that are making a positive impact you should know.
The Omdena “AI Adoption Leaders Series” comprises game-changing startups, stories, and thought-leadership pieces from leading impact ventures solving real-world problems using AI.
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.
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.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
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
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
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
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
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
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
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
Nextbillion.ai develops AI-powered hyperlocal solutions for business mapping and data management.
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
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 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
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 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
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
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
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
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 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 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
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
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
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
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
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
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.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
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
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
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
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
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
GeoIQ.io is an ML-ready location data and no-code AI for fintech.
“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 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
HyperTrack is the location cloud for last-mile delivery, field service, and gig work.
