Promus Ventures

Promus Ventures, established in 2012, is a Chicago-based venture capital firm with an additional office in San Francisco. The company specializes in early-stage investments, focusing on deep-tech software and hardware companies led by visionary and determined founding teams. Promus Ventures typically invests between $0.5 million and $1 million in its portfolio companies, with a global investment focus, primarily in the United States, UK, Germany, Finland, and New Zealand.

Mike Collett

Founder and Managing Partner

Pierre Festal

Partner

Kateryna Lopatynska

Administrative and Operations Associate

Matt Martorello

Venture Partner

Bill Merchantz

Venture Partner

Jeremy Teboul

Partner

Past deals in Geospatial

SatSure

Series A in 2024
SatSure is a decision analytics company that utilizes satellite technology, machine learning, and big data analytics to address challenges related to food, water, and energy security. The company operates a geospatial big data platform designed to deliver insights specifically for the agriculture sector. By integrating satellite data with financial and socio-economic information, SatSure generates agricultural risk profiles that assist in areas such as irrigation, infrastructure, and climate action. This innovative approach enables financial institutions to obtain real-time, location-specific insights, facilitating informed decision-making in their operations.

Wakeo

Venture Round in 2023
Wakeo is a software-as-a-service (SaaS) platform designed to provide real-time visibility into B2B transport flows, including sea, air, and road logistics. The platform consolidates various transport partners into a single interface, allowing shippers and freight forwarders to track and trace shipments throughout the supply chain. By utilizing satellite data and connecting to GPS and IoT systems embedded in trucks, Wakeo enhances operational efficiency. The platform employs machine learning to dynamically adjust estimated arrival dates and notifies operational teams of potential delays, facilitating a proactive approach to supply chain management. This capability enables users to improve customer experiences and objectively assess performance metrics.

SatSure

Series A in 2023
SatSure is a decision analytics company that utilizes satellite technology, machine learning, and big data analytics to address challenges related to food, water, and energy security. The company operates a geospatial big data platform designed to deliver insights specifically for the agriculture sector. By integrating satellite data with financial and socio-economic information, SatSure generates agricultural risk profiles that assist in areas such as irrigation, infrastructure, and climate action. This innovative approach enables financial institutions to obtain real-time, location-specific insights, facilitating informed decision-making in their operations.

Swift Navigation

Series D in 2022
Swift Navigation, Inc. is a technology company specializing in precise global positioning system (GPS) solutions, founded in 2012 and based in San Francisco, California, with an additional location in Melbourne, Australia. The company develops hardware and software that provide centimeter-level accuracy through real-time kinematics (RTK) technology. Its product lineup includes the Piksi Multi GNSS Module, a versatile RTK receiver, and the Duro Ruggedized Receiver, designed for various industrial applications such as agriculture and robotics. Additionally, Swift Navigation offers the Skylark cloud corrections service and the Starling GNSS positioning engine, which caters to automotive and autonomous vehicle needs. The company's innovative solutions, characterized by their affordability and high accuracy—100 times better than standard GPS—serve multiple industries, including unmanned aerial vehicles, surveying, and space applications. Swift Navigation's commitment to making advanced positioning technology accessible is recognized by notable accolades, including mentions in Inc. and Forbes 30 Under 30 lists.

Iceye

Series D in 2022
ICEYE Oy, founded in 2014 and based in Espoo, Finland, specializes in Earth observation through its extensive synthetic aperture radar (SAR) satellite constellation. This technology allows for near real-time imaging and monitoring across various sectors, including insurance, natural disaster response, and maritime activities. ICEYE's radar satellites can capture images regardless of weather conditions or sunlight, making them invaluable for applications such as monitoring illegal fishing, oil spills, storm damage, forest growth, and crop health. The company's capabilities extend to mapping flood damage, aiding humanitarian efforts, and tracking maritime activities like piracy and port operations. By providing comprehensive and timely data, ICEYE supports informed decision-making for clients in defense, government, and insurance industries.

Wakeo

Series A in 2021
Wakeo is a software-as-a-service (SaaS) platform designed to provide real-time visibility into B2B transport flows, including sea, air, and road logistics. The platform consolidates various transport partners into a single interface, allowing shippers and freight forwarders to track and trace shipments throughout the supply chain. By utilizing satellite data and connecting to GPS and IoT systems embedded in trucks, Wakeo enhances operational efficiency. The platform employs machine learning to dynamically adjust estimated arrival dates and notifies operational teams of potential delays, facilitating a proactive approach to supply chain management. This capability enables users to improve customer experiences and objectively assess performance metrics.

Ellipsis Drive

Seed Round in 2021
Ellipsis Drive is an online platform designed for the efficient management and sharing of spatial data. It enables professionals to publish and manage spatial content as online projects in under ten minutes, ensuring that the data is accessible and usable for authorized users. The platform offers a plug-and-play solution that allows for seamless integration into various workflows across different organizations and disciplines. Ellipsis Drive is committed to promoting unrestricted collaboration by providing a license-free environment, facilitating unlimited sharing among users. Users maintain full ownership of their data, allowing them to share, collaborate, and commercialize their content without restrictions. The platform is optimized for high performance, enabling users to easily incorporate geospatial data into their operations for enhanced decision-making and analysis.

Iceye

Series C in 2020
ICEYE Oy, founded in 2014 and based in Espoo, Finland, specializes in Earth observation through its extensive synthetic aperture radar (SAR) satellite constellation. This technology allows for near real-time imaging and monitoring across various sectors, including insurance, natural disaster response, and maritime activities. ICEYE's radar satellites can capture images regardless of weather conditions or sunlight, making them invaluable for applications such as monitoring illegal fishing, oil spills, storm damage, forest growth, and crop health. The company's capabilities extend to mapping flood damage, aiding humanitarian efforts, and tracking maritime activities like piracy and port operations. By providing comprehensive and timely data, ICEYE supports informed decision-making for clients in defense, government, and insurance industries.

Aurora Insight

Series A in 2019
Aurora Insight, Inc., located in Washington, D.C., specializes in providing insights into wireless connectivity and the radio spectrum. The company offers a dynamic map that serves as a comprehensive resource for organizations seeking to understand available spectrum and optimize their wireless deployments. By delivering detailed information on existing wireless infrastructure and radio frequency environments, Aurora Insight enables businesses to make informed decisions regarding their connectivity needs.

Cape Analytics

Series B in 2018
Cape Analytics, LLC is a technology company that specializes in an artificial intelligence-based geospatial imagery data platform designed for the insurance and reinsurance sectors in the United States. Founded in 2014 and based in Mountain View, California, the company employs deep learning and computer vision to provide instant property intelligence, allowing insurers and property stakeholders to obtain critical property attributes during the underwriting process. This platform offers the precision and detail typically associated with on-site inspections, but with the added benefits of speed and extensive coverage. By streamlining access to valuable property data, Cape Analytics enhances the efficiency of underwriting for real estate and insurance companies.

Iceye

Series B in 2018
ICEYE Oy, founded in 2014 and based in Espoo, Finland, specializes in Earth observation through its extensive synthetic aperture radar (SAR) satellite constellation. This technology allows for near real-time imaging and monitoring across various sectors, including insurance, natural disaster response, and maritime activities. ICEYE's radar satellites can capture images regardless of weather conditions or sunlight, making them invaluable for applications such as monitoring illegal fishing, oil spills, storm damage, forest growth, and crop health. The company's capabilities extend to mapping flood damage, aiding humanitarian efforts, and tracking maritime activities like piracy and port operations. By providing comprehensive and timely data, ICEYE supports informed decision-making for clients in defense, government, and insurance industries.

Enview

Series A in 2017
Enview, Inc. is a company that specializes in 3D geospatial analytics, primarily serving the energy industry and government sectors. It has developed an artificial intelligence-based platform that automates the analysis of geospatial big data to improve the safety and reliability of pipeline and powerline operations. By utilizing advanced data analytics and remote sensing technologies, Enview's solutions help identify and predict potential threats to critical infrastructure before they escalate into incidents. The company employs intelligent algorithms to fuse and analyze diverse sensor data, including multispectral aerial and satellite imagery, LiDAR, and geographic information systems (GIS). This approach enables clients to make informed, risk-based decisions through clear data visualizations and predictive analytics. Established in 2015, Enview operates from San Francisco, California.

Swift Navigation

Series B in 2017
Swift Navigation, Inc. is a technology company specializing in precise global positioning system (GPS) solutions, founded in 2012 and based in San Francisco, California, with an additional location in Melbourne, Australia. The company develops hardware and software that provide centimeter-level accuracy through real-time kinematics (RTK) technology. Its product lineup includes the Piksi Multi GNSS Module, a versatile RTK receiver, and the Duro Ruggedized Receiver, designed for various industrial applications such as agriculture and robotics. Additionally, Swift Navigation offers the Skylark cloud corrections service and the Starling GNSS positioning engine, which caters to automotive and autonomous vehicle needs. The company's innovative solutions, characterized by their affordability and high accuracy—100 times better than standard GPS—serve multiple industries, including unmanned aerial vehicles, surveying, and space applications. Swift Navigation's commitment to making advanced positioning technology accessible is recognized by notable accolades, including mentions in Inc. and Forbes 30 Under 30 lists.

TerrAvion

Series A in 2017
TerrAvion, Inc. specializes in providing real-time aerial imagery services tailored for the agriculture sector in the United States. Founded in 2013 and based in Dublin, California, the company delivers a service known as OverView, which offers subscription-based imagery and analysis to growers throughout the growing season. This service provides farmers with timely aerial images and synthetic maps that help in monitoring crop health, optimizing irrigation, detecting anomalies due to pests or diseases, and managing agricultural interventions. TerrAvion utilizes a network of flight providers to capture high-quality imagery, employing advanced technology to efficiently process vast amounts of data across millions of acres. The company's offerings include natural color, color infrared, thermal imagery, normalized difference vegetation index maps, and various agricultural data solutions designed to enhance resource allocation and improve crop yields.

Cape Analytics

Series A in 2016
Cape Analytics, LLC is a technology company that specializes in an artificial intelligence-based geospatial imagery data platform designed for the insurance and reinsurance sectors in the United States. Founded in 2014 and based in Mountain View, California, the company employs deep learning and computer vision to provide instant property intelligence, allowing insurers and property stakeholders to obtain critical property attributes during the underwriting process. This platform offers the precision and detail typically associated with on-site inspections, but with the added benefits of speed and extensive coverage. By streamlining access to valuable property data, Cape Analytics enhances the efficiency of underwriting for real estate and insurance companies.

Swift Navigation

Series A in 2015
Swift Navigation, Inc. is a technology company specializing in precise global positioning system (GPS) solutions, founded in 2012 and based in San Francisco, California, with an additional location in Melbourne, Australia. The company develops hardware and software that provide centimeter-level accuracy through real-time kinematics (RTK) technology. Its product lineup includes the Piksi Multi GNSS Module, a versatile RTK receiver, and the Duro Ruggedized Receiver, designed for various industrial applications such as agriculture and robotics. Additionally, Swift Navigation offers the Skylark cloud corrections service and the Starling GNSS positioning engine, which caters to automotive and autonomous vehicle needs. The company's innovative solutions, characterized by their affordability and high accuracy—100 times better than standard GPS—serve multiple industries, including unmanned aerial vehicles, surveying, and space applications. Swift Navigation's commitment to making advanced positioning technology accessible is recognized by notable accolades, including mentions in Inc. and Forbes 30 Under 30 lists.

Spire Global

Series B in 2015
Spire Global, Inc., established in 2012 and headquartered in San Francisco with offices in Glasgow and Singapore, specializes in satellite data services. The company offers two primary data services: Spire Sense, which provides ship tracking data for applications such as illegal fishing monitoring, trade analysis, and maritime domain awareness; and Spire Stratus, which delivers global weather data. Additionally, Spire Global provides machine learning and analytics tools to enhance vessel detection and information gathering. Its clients include mining companies, government authorities, port operators, and those involved in arctic shipping routes.

Mapbox

Series B in 2015
Mapbox Inc. operates a robust mapping platform that creates and publishes custom maps for mobile and web applications. Founded in 2010 and based in Washington, D.C., the company provides essential infrastructure for businesses across various industries, including logistics, real estate, insurance, and transportation. Mapbox offers a suite of products, including APIs for directions and geocoding, mobile SDKs, and advanced data services that enable enterprises to analyze data, visualize properties, and enhance navigation. With over 4 million registered developers and a significant share of Fortune 500 companies utilizing its services, Mapbox stands out for its flexibility, security, and compliance with privacy standards. The platform is designed to empower location-aware applications, offering tools that support real-time map updates, routing engines, and traffic-aware travel times, thereby facilitating engaging navigation experiences across diverse sectors.

Enview

Seed Round in 2015
Enview, Inc. is a company that specializes in 3D geospatial analytics, primarily serving the energy industry and government sectors. It has developed an artificial intelligence-based platform that automates the analysis of geospatial big data to improve the safety and reliability of pipeline and powerline operations. By utilizing advanced data analytics and remote sensing technologies, Enview's solutions help identify and predict potential threats to critical infrastructure before they escalate into incidents. The company employs intelligent algorithms to fuse and analyze diverse sensor data, including multispectral aerial and satellite imagery, LiDAR, and geographic information systems (GIS). This approach enables clients to make informed, risk-based decisions through clear data visualizations and predictive analytics. Established in 2015, Enview operates from San Francisco, California.

Spire Global

Series A in 2014
Spire Global, Inc., established in 2012 and headquartered in San Francisco with offices in Glasgow and Singapore, specializes in satellite data services. The company offers two primary data services: Spire Sense, which provides ship tracking data for applications such as illegal fishing monitoring, trade analysis, and maritime domain awareness; and Spire Stratus, which delivers global weather data. Additionally, Spire Global provides machine learning and analytics tools to enhance vessel detection and information gathering. Its clients include mining companies, government authorities, port operators, and those involved in arctic shipping routes.
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