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SaaS startups have become the darling of Venture Capital investors, especially in the Geospatial industry. Over the past decade, software has proverbially “eaten the world” and SaaS companies have scaled to become unicorn corporations in staggering amounts of time.
In this article, we are examining 5 VC funded SaaS startups in the Geospatial industry.
A technology called Carto uses geographical data to create effective delivery routes, improved behavioral marketing campaigns, and tactical retail locations. Location data is transforming how we live and do business, from linked automobiles to smartphones. The platform CARTO is responsible for transforming geographical data into better behavioral marketing, more effective delivery routes, and more. Data Scientists, Developers, and Analysts use CARTO's data and analysis to solve geographical issues in order to better understand how and why events occur, to streamline company operations, and to forecast future results. The top location intelligence platform in the world is CARTO, which has the support of renowned VC companies Accel Partners, Salesforce Ventures, Earlybird Ventures, and Kibo Ventures. CARTO, with offices in Washington, DC, Madrid, and Seville, was founded in 2012 by an environmental scientist and visualization specialists. 130 people work for CARTO, which has 2,500 clients like Mastercard, Vodafone, Bain & Company, and Coca-Cola as well as more than 350,000 users worldwide. CARTO has also received frequent recognition from G2, Gartner, and Forrester for its innovations in the location intelligence market.
A revolutionary Location Intelligence solution for ethical business choices is called CHAOS. At CHAOS, we think that decision-making by stakeholders that is informed and centered on people is essential to the creation and development of livable cities. Businesses and services that result from interactions between these stakeholders, as well as those involved in the city development value chain, can get commercial insights from CHAOS to help them grow. CHAOS develops benchmarks and useful insights for the improvement of cities and enterprises by combining unstructured and geolocated data into a platform and applying scientific techniques and machine learning.
With the help of the online application Ellipsis Drive, any professional may quickly activate, manage, and distribute spatial material online. We are aware that using geographical data to optimize operations would make them more efficient and sustainable. We are aware that for this to happen, producers, consumers, and owners of geographical data must communicate information and work together across organizations and disciplines. This is made simple with Ellipsis Drive. We provide the first Drive that is optimized for spatial data, which: - Makes your stuff accessible to the world: A Plug & Play solution allows you to publish data as an online project in less than 10 minutes that is accessible to anybody you provide access to. enables easy access to material for usage across platforms and is always license-free Giving you complete control, the sharing and collaboration are endless regardless of the user count. Your data belongs to you; thus, feel free to share, work together, and make money from it.
Picterra gives you cloud-based ML capabilities to deliver geospatial insights. It's a powerful software for detecting objects, monitoring changes, and spotting patterns in satellite, drone, and aerial imagery.
Teren is a provider of data analytics to the energy and civil engineering markets.We have attracted some of the largest and highest-profile clients in the midstream oil and gas industry as customers. SolSpec’s solution utilizes high-throughput data processing and artificial intelligence algorithms to identify and predict project-based risk for pipeline right of ways (ROW), infrastructure construction and large land development projects.
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