GeoX

GeoX is a provider of 3D geospatial objects extracted from aerial imagery, using computer vision and artificial intelligence to create detailed spatial descriptions of the built environment. The company's technology analyzes aerial images to identify and map buildings, roads, trees, fences, water bodies, and various types of land cover, generating a database of vector layers in the form of shapefiles representing extracted objects as polygons, polylines, and points. This geospatial data has applications across multiple industries including insurance, telecommunications, automotive, municipal and government, housing, and architecture. For the insurance sector, GeoX enables automated property assessment and claims processing by providing accurate 3D models of structures and surrounding features. The company's AI-driven approach to geospatial data extraction significantly reduces the time and cost associated with traditional surveying and manual mapping methods, while improving accuracy and consistency. Founded in 2018 and headquartered in New York City, United States, the company has raised $23.0M in Series A funding from investors including SureTech, Flashpoint, and Viola FinTech.