Geosite

Acquired

Geosite is an enterprise SaaS platform for spatial data.

Palo Alto, United States · Founded 2019 · $9.5M raised

Employees
11–50
Founded
2019
Business Model
B2B
Website
geosite.io
Total Funding
$9.5M
Last Round
$1.8M GrantMay 2023
Rounds
7
Acquisition Date
Apr 2024

About

**GENERAL** Geosite is an enterprise SaaS platform for spatial data. Through pairing a marketplace with integrated data management and collaboration tools, Geosite enables customers to leverage spatial data for more rapid and accurate planning and operations. This platform is a dual use technology for both commercial and military customers. // **SPACE PEOPLE** Geosite is a cloud-based platform creating a comprehensive repository of geospatial data, such as satellite imagery, through the aggregation of public and commercially available data, providing market-wide ability to rapidly search, select, purchase, assemble, and manage data sets. This will not only create the most comprehensive and exhaustive marketplace for geospatial data and analytics, but also build the underlying data infrastructure for the geospatial industry. This marketplace, for both analytics and data, will enable customers from Oil and Gas companies to US Special Operations to access and consume data from many sources for greater operational efficiency and safety. // **O&G PEOPLE** Geosite is a data platform for Oil and Gas companies that allows customers to bring together their data for a clearer picture of the world. Over 80% of information has a spatial component to it, rarely is this being leveraged to add to the bottom line for Oil and Gas companies. With the proliferation of satellites and distributed sensors (IOT), we are at a juncture of immense opportunity for Oil and Gas exploration to reach an operational efficiency that was impossible only a few years ago. Geosite allows for cutting edge logistics planning and operational tracking to increase safety and productivity.

Summary

Geosite is a Data & Analytics company based in Palo Alto, United States, founded in 2019. It has raised $9.5M in total across 7 rounds, most recently a $1.8M Grant round in May 2023. Investors include QBE Ventures and MS&AD Ventures.

Funding History

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AcquisitionApr 2024

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