- Raised $19M Series A led by Flashpoint Venture Capital, Aug 2024
- Raised $4M Seed round led by Allectus Capital, Mar 2021
About
GeoX Innovations specializes in property intelligence, providing innovative and accurate data to enhance the performance of insurance players worldwide. The company uses machine vision and deep learning technology to automate the fast and accurate extraction of 3D objects from aerial imagery, creating countrywide databases of buildings. This property data includes dimensions, roof characteristics, and other information that can indicate risks to the property and its residents, enabling insurers to perform reliable underwriting and assess risks. GeoX partners with aerial imagery collectors and its post-disaster data helps identify damage to insured properties, allowing insurers to manage claims effectively. The technology is also utilized by banks and financial institutions for accurate real estate valuations, and by entities like the World Bank to evaluate real estate assets and risks from natural calamities. GeoX's technology is in high demand due to climate change and the increasing natural disasters, which can lead to severe property damage.
Funding history · 2 rounds · $23.0M total
Headcount over time
Q&A
- What is GeoX GIS Innovations' primary business?
- GeoX GIS Innovations specializes in property intelligence, using machine vision and deep learning to extract 3D objects from aerial imagery. This data provides insights for insurers, banks, and financial institutions to assess property risks and valuations.
- When was GeoX GIS Innovations founded?
- GeoX GIS Innovations was founded in April 2018.
- How many employees does GeoX GIS Innovations currently have?
- GeoX GIS Innovations has 39 employees, falling within the 11-50 employee bucket.
- What is the total amount of funding GeoX GIS Innovations has raised to date?
- GeoX GIS Innovations has raised a total of $33,000,000 USD.
- When did GeoX GIS Innovations complete its latest funding round and who were the lead investors?
- GeoX GIS Innovations completed an A Round in September 2024, raising $19,000,000. Flashpoint Venture Capital was a lead investor in this round.
- What was the amount of GeoX GIS Innovations' Seed round?
- GeoX GIS Innovations raised $4,000,000 in its Seed round in April 2021.
- What is GeoX GIS Innovations' primary sector classification?
- GeoX GIS Innovations' primary sector classification is Fintech & Insurtech.
- What technologies does GeoX GIS Innovations utilize?
- GeoX GIS Innovations utilizes Artificial Intelligence, Image Recognition, and Computer Vision technologies.
- What was a significant news event for GeoX GIS Innovations in September 2024?
- In September 2024, GeoX secured $19 million in Series A funding to analyze real estate risk from climate-related disasters.
Team · 3
Sectors & technology
Highlights
Tags
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| Website | app.geox.ai |
|---|---|
| linkedin.com/company/18557421 | |
| YouTube | youtube.com/channel/UCIko_wVDSwU8RWKhJbIHzFg |
Identifiers & details
| Legal name | GEOX GIS INNOVATIONS LTD |
|---|---|
| Founded | 2018-4 |
| Employees (exact) | 39 |
| Offices | Petah Tikva |
Radar intelligence
Patents
| EPO | 4 |
|---|
Web history (Wayback)
| Domain | app.geox.ai |
|---|
Certificate / subdomain footprint
| Subdomains | 1 |
|---|
Israeli Companies Registrar (רשם החברות / ICA)
| Registrar # (ח.פ.) | 515832186 |
|---|---|
| Status | פעילה |
| Corp type | ישראלית חברה פרטית |
| Incorporated | 2018-04-18 |
| Purpose | לעסוק בכל עיסוק חוקי |
| Liability | מוגבלת |
| In violation (unfiled) | yes |
| Last annual report | 2023 |
| Active charges / liens | 0 |
| Registry events | 1 — violation (1) |
| Registered address | החליל 10 פתח תקווה |
Recent registry events
| Date | Event |
|---|---|
| 2026-06-25 | עדכון הפרה |