Total raised
$23.0M
Last: Series A 2024-09
Stage
Series A
Founded
2018
Headcount
39
HQ
Giv'atayim
Sector
Fintech & Insurtech
About
GeoX Innovations leverages proprietary artificial-intelligence technology to extract 3D objects from aerial imagery in order to derive accurate, meaningful data for insurers. The company's property data includes the dimensions of a property as well as other data that can indicate risks to the property and its residents. The data enables insurers to perform reliable underwriting and assess the risks of the complete insurance portfolio. GeoX partners with aerial imagery collectors who fly airplanes with high-resolution sensors all year round and after natural disasters. The company's post-disaster data identifies damage to insured properties and allows insurers to effectively manage the claims process for thousands of affected customers.
Funding history · 2 rounds · $23.0M total
2024-09
Series A
$19.0M
2021-04
Seed
$4.0M
Sectors & technology
Primary sector
Fintech & Insurtech
Sub-sectors
Climate TechCarbon TechCarbon Analytics, Earth Data & FintechFintech & InsurtechInsurtech
Technologies
Artificial IntelligenceImage RecognitionComputer Vision
Target customers
Transportation & LogisticsTransportation InfrastructureAirportsFinancial ServicesFinancial ProductsInsuranceGovernment & CityMunicipalities
Business model
B2BB2G
Highlights
Verified
Tags
gismunicipalitiesfarmersaerospacegovernmentfintechinsurtechcomputer-visionimage-processingoptronicsartificial-intelligenceinsurance-companiesunderwriting3d-technologymachine-learningclimate-techcarbon-analytics