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Top 14 Geospatial Startups in 2024

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Think Geospatial is boring and everything’s been done before?

Think again.

If you’re in the Geospatial industry or are interested in starting a company in this space, this article dives into 14 of the hottest fast-growing Geospatial startups.


14 Geospatial Startups

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1) Satellogic

Satellogic

By substantially lowering the obstacles to obtaining real-time satellite data, Satellogic will democratize access to space-based services.

Details of the startup:

  • Country: Uruguay
  • State: NA - Uruguay
  • City: Montevideo
  • Started in: 2010
  • Founders: Andrew Fursman, Emiliano Kargieman, Gerardo Richarte, Gerardo Richarte
  • Number of employees: 101-250
  • Funding: $123,800,000
  • Funding rounds: 8
  • Number of investors: 10 (Tencent, Endeavor Catalyst, Valor Capital Group, NXTP Ventures, Inter American Development Bank)

You can find their website here.

2) Propeller Aero

Propeller Aero

Propeller is a global pioneer in drone mapping and analytics solutions that empower businesses to measure and control their own operations.

Details of the startup:

  • Country: Australia
  • State: New South Wales
  • City: Surry Hills
  • Started in: 2014
  • Founders: Francis Vierboom, Rory San Miguel
  • Number of employees: 101-250
  • Funding: $31,979,621
  • Funding rounds: 5
  • Number of investors: 9 (Accel, Sequoia Capital China, Costanoa Ventures, Blackbird Ventures, Startmate)

You can find their website here.

3) Kayrros

Kayrros

Kayrros is a data analytics firm that assists global energy market participants in making more informed investment decisions.

Details of the startup:

  • Country: France
  • State: Ile-de-France
  • City: Paris
  • Started in: 2016
  • Founders: Alexandre d’Aspremont, Antoine Halff, Antoine Rostand, Jean-Michel Lasry, Laurent El Ghaoui
  • Number of employees: 51-100
  • Funding: $34,483,346
  • Funding rounds: 4
  • Number of investors: 7 (Index Ventures, Cathay Innovation, EASME - EU Executive Agency for SMEs, Korelya Capital, Primwest)

You can find their website here.

4) Mapillary

Mapillary

Mapillary has created a street-level imagery platform that relies on pictures submitted by the general public.

Details of the startup:

  • Country: Sweden
  • State: Skane Lan
  • City: Malmö
  • Started in: 2013
  • Founders: Jan Erik Solem, Johan Gyllenspetz, Peter Neubauer, Yubin Kuang
  • Number of employees: 51-100
  • Funding: $24,600,000
  • Funding rounds: 4
  • Number of investors: 11 (Sequoia Capital, Atomico, BMW i Ventures, Playfair Capital, Wellington Partners)

You can find their website here.

5) Latitudo40

Latitudo40

Latitudo40 is a Techstars-backed startup. Using satellite imagery and artificial intelligence to develop new smart city and agritech solutions

Details of the startup:

  • Country: Italy
  • State: Campania
  • City: Napoli
  • Started in: 2017
  • Founders: Donato Amitrano, Gaetano Volpe, Mauro Manente, Vincenzo Vecchio
  • Number of employees: 1-10
  • Funding: $972,381
  • Funding rounds: 4
  • Number of investors: 6 (Techstars, CRiF, Invitalia, Techstars Smart Mobility, Fondazione Golinelli)

You can find their website here.

6) Ecopia.AI

Ecopia.AI

Ecopia.AI is a machine learning firm that specializes in extracting information from geospatial big data.

Details of the startup:

  • Country: Canada
  • State: Ontario
  • City: Toronto
  • Started in: 2013
  • Founders: Jon Lipinski, Yuanming Shu
  • Number of employees: 11-50
  • Funding: $6,740,000
  • Funding rounds: 2
  • Number of investors: 2 (Sustainable Development Technology Canada, Ontario Centres of Excellence)

You can find their website here.

7) TerraMagna

TerraMagna

TerraMagna is a fintech company that focuses on agribusiness risk mitigation.

Details of the startup:

  • Country: Brazil
  • State: Sao Paulo
  • City: São José Dos Campos
  • Started in: 2017
  • Founders: Adriano Dantas, Bernardo Moscardini, João Paulo Torres, Renato Sanabria, Rodrigo Marques
  • Number of employees: 11-50
  • Funding: $2,760,000
  • Funding rounds: 4
  • Number of investors: 6 (MAYA Capital, The Yield Lab, ONEVC, Canary, Accion Venture Lab)

You can find their website here.

8) GeoIQ.io

GeoIQ.io

Intelligent map-based platform for retail with single-click access to street-level location data - demographics, competitions, and movements.

Details of the startup:

  • Country: India
  • State: Karnataka
  • City: Bengaluru
  • Started in: 2018
  • Founders: Ankita Thakur, Tusheet Shrivastava
  • Number of employees: 11-50
  • Funding: $338,015
  • Funding rounds: 2
  • Number of investors: 7 (LetsVenture, Inflection Point Ventures, 9Unicorns Accelerator Fund, Vinay Bansal, Ankur Mittal)

You can find their website here.

9) Qianxun Spatial Intelligence

Qianxun Spatial Intelligence

Qianxun Spatial Intelligence specializes in high-precision positioning.

Details of the startup:

  • Country: China
  • State: Shanghai
  • City: Shanghai
  • Started in: 2015
  • Number of employees: 101-250
  • Funding: CN¥1,000,000,000
  • Funding rounds: 1
  • Number of investors: 7 (Shanghai International Group (SIG), China State-Owned Capital Venture Investment Fund, Shanghai GuoHe Capital, ICBC Investment, Y.H. Capital)

You can find their website here.

10) Hydrosat

Hydrosat

Hydrosat is a satellite data company that transforms satellite pictures into useful goods for agriculture and related industries.

Details of the startup:

  • Country: United States
  • State: District of Columbia
  • City: Washington D.C.
  • Started in: 2017
  • Founders: Jakob Van Zyl, Pieter Fossel, Royce Dalby, Yunjin Kim
  • Number of employees: 11-50
  • Funding: $10,623,002
  • Funding rounds: 5
  • Number of investors: 11 (Techstars, The Yield Lab, Cultivation Capital, U.S. Department of Defense, Industrious Ventures)

You can find their website here.

11) Airspace Link

Airspace Link

Airspace Link is a Low Altitude Authorization and Notification Capability (LAANC) Platform for UAS/Drones that has been approved by the FAA.

Details of the startup:

  • Country: United States
  • State: Michigan
  • City: Detroit
  • Started in: 2018
  • Founders: Ana Healander, Daniel Bradshaw, Michael Healander
  • Number of employees: 11-50
  • Funding: $18,000,070
  • Funding rounds: 4
  • Number of investors: 10 (Techstars, Altos Ventures, Indicator Ventures, Detroit Venture Partners, Ludlow Ventures)

You can find their website here.

12) Descartes Labs

Descartes Labs

The Descartes Labs Platform was created to address some of the world's most difficult and important geospatial analytics problems.

Details of the startup:

  • Country: United States
  • State: New Mexico
  • City: Santa Fe
  • Started in: 2014
  • Founders: Adam Smith, Mark Johnson, Mark Mathis, Mike Warren, Steven Brumby, Tim Kelton
  • Number of employees: 101-250
  • Funding: $58,000,000
  • Funding rounds: 4
  • Number of investors: 14 (Crosslink Capital, March Capital, Correlation Ventures, DCVC, Cargill)

You can find their website here.

13) VETRO FiberMap

VETRO FiberMap

VETRO FiberMap is a fiber management GIS mapping platform that creates software to aid internet service providers in network management.

Details of the startup:

  • Country: United States
  • State: Maine
  • City: Portland
  • Started in: 2008
  • Founders: Sean Myers, Will Mitchell
  • Number of employees: 11-50
  • Funding: $13,500,000
  • Funding rounds: 2
  • Number of investors: 3 (York IE, Resolve Growth Partners, Maine Venture Fund)

You can find their website here.

14) Planet

Planet

Planet is an aerospace and data analytics firm that develops small satellites and transmits data about the changing world.

Details of the startup:

  • Country: United States
  • State: California
  • City: San Francisco
  • Started in: 2010
  • Founders: Chris Boshuizen, Robbie Schingler, Will Marshall
  • Number of employees: 501-1000
  • Funding: $373,898,658
  • Funding rounds: 8
  • Number of investors: 29 (Founders Fund, First Round Capital, Lux Capital, Felicis Ventures, DCVC)

You can find their website here.

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