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 SaaS platform designed to enhance real-time visibility in B2B transport flows across sea, air, and road. The company consolidates various transport partners into a unified platform, enabling shippers and freight forwarders to efficiently track and trace shipments throughout the entire supply chain. By utilizing satellite data and integrating with trucks' embedded GPS and IoT systems, Wakeo provides predictive insights on potential delays and adjusts arrival dates dynamically through machine learning. This proactive approach allows operational teams to anticipate issues and enhances overall customer experience by turning the supply chain from a reactive to a predictive model.

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 high-precision global positioning system (GPS) and global navigation satellite system (GNSS) solutions. Founded in 2012 and headquartered in San Francisco, California, with an additional location in Melbourne, Australia, the company aims to make accurate positioning technology more accessible and affordable. Swift Navigation offers a range of products, including the Piksi Multi GNSS Module and the ruggedized Duro Receiver, both providing centimeter-level accuracy through real-time kinematics (RTK) technology. Their offerings also include the Skylark cloud corrections service and the Starling GNSS positioning engine, which cater to various sectors such as automotive, agriculture, robotics, and unmanned aerial vehicles (UAVs). The company is recognized for defining a new category of low-cost, high-accuracy GNSS systems, delivering significantly better performance than conventional GPS systems. Swift Navigation's innovative solutions have been acknowledged by prestigious lists, reflecting its role in transforming industries through automation and enhanced navigation capabilities.

Iceye

Series D in 2022
Iceye Oy, established in 2014 and headquartered in Espoo, Finland, operates a unique business model focused on Earth observation using synthetic aperture radar (SAR) satellite technology. The company maintains the world's largest operational constellation of SAR satellites, enabling it to provide near real-time data and imagery regardless of weather conditions or time of day. Iceye's services cater to diverse sectors such as insurance, disaster response, maritime monitoring, and defense, offering critical insights for informed decision-making in areas like natural catastrophe assessment, flood monitoring, and wildfire detection.

Wakeo

Series A in 2021
Wakeo is a SaaS platform designed to enhance real-time visibility in B2B transport flows across sea, air, and road. The company consolidates various transport partners into a unified platform, enabling shippers and freight forwarders to efficiently track and trace shipments throughout the entire supply chain. By utilizing satellite data and integrating with trucks' embedded GPS and IoT systems, Wakeo provides predictive insights on potential delays and adjusts arrival dates dynamically through machine learning. This proactive approach allows operational teams to anticipate issues and enhances overall customer experience by turning the supply chain from a reactive to a predictive model.

Earth AI

Seed Round in 2021
Earth AI, established in 2016 and based in Parramatta, Australia, specializes in AI-driven mineral exploration. It uses satellite, geophysical, and geochemical data to generate precise geological maps and suggest locations for mineral exposure, particularly for critical metals like copper, lead, zinc, nickel, cobalt, vanadium, and rare earth elements. This predictive approach helps mining explorers enhance their discovery prospects while reducing operational risks and costs.

Ellipsis Drive

Seed Round in 2021
Ellipsis Drive is a software company that specializes in facilitating the management and sharing of spatial data via an online platform. Its primary product is an interoperable tool designed for easy access, collaboration, and commercialization of geospatial content. The platform enables professionals to publish their data as online projects within minutes, allowing anyone with granted access to find and use it seamlessly across different platforms. Key features include license-free sharing, full ownership rights for users' data, and custom-tailored monitoring services to understand landscape dynamics.

Iceye

Series C in 2020
Iceye Oy, established in 2014 and headquartered in Espoo, Finland, operates a unique business model focused on Earth observation using synthetic aperture radar (SAR) satellite technology. The company maintains the world's largest operational constellation of SAR satellites, enabling it to provide near real-time data and imagery regardless of weather conditions or time of day. Iceye's services cater to diverse sectors such as insurance, disaster response, maritime monitoring, and defense, offering critical insights for informed decision-making in areas like natural catastrophe assessment, flood monitoring, and wildfire detection.

Aurora Insight

Series A in 2019
Aurora Insight, Inc., located in Washington, D.C., specializes in providing comprehensive insights into wireless connectivity and radio spectrum. The company offers a dynamic map that serves as a reliable resource for understanding the availability of spectrum and existing wireless infrastructure. By analyzing radio frequency environments, Aurora Insight enables organizations to optimize their wireless deployments and make informed business decisions. Its focus on delivering accurate and detailed information positions it as a key player in the telecommunications industry, addressing the growing need for enhanced connectivity solutions.

Cape Analytics

Series B in 2018
Cape Analytics, LLC is a technology company that specializes in artificial intelligence-based geospatial imagery data solutions for the insurance and reinsurance sectors. Founded in 2014 and headquartered in Mountain View, California, the company provides a cloud-based property intelligence platform that utilizes deep learning and computer vision to deliver instant property insights. This platform allows insurers and other stakeholders to access detailed property attributes during the underwriting process, achieving a level of accuracy that typically necessitated an on-site inspection, while also ensuring rapid data availability across the United States. By streamlining the evaluation of properties, Cape Analytics enhances the underwriting process for real estate and insurance companies.

Iceye

Series B in 2018
Iceye Oy, established in 2014 and headquartered in Espoo, Finland, operates a unique business model focused on Earth observation using synthetic aperture radar (SAR) satellite technology. The company maintains the world's largest operational constellation of SAR satellites, enabling it to provide near real-time data and imagery regardless of weather conditions or time of day. Iceye's services cater to diverse sectors such as insurance, disaster response, maritime monitoring, and defense, offering critical insights for informed decision-making in areas like natural catastrophe assessment, flood monitoring, and wildfire detection.

Enview

Series A in 2017
Enview, Inc. is a company specializing in 3D geospatial analytics, focused on automating the analysis of geospatial big data for the energy sector. Established in 2015 and headquartered in San Francisco, California, Enview leverages artificial intelligence, advanced data analytics, and remote sensing technologies to enhance the safety and reliability of pipeline and powerline operations. By integrating multiple sensor sources, including multispectral aerial and satellite imagery and LiDAR, Enview's platform provides predictive analytics that identify potential threats before they materialize. Its solutions aim to protect critical infrastructure, improve compliance, and contribute to national security by enabling informed, risk-based decision-making through sophisticated data visualization and analysis.

Swift Navigation

Series B in 2017
Swift Navigation, Inc. is a technology company specializing in high-precision global positioning system (GPS) and global navigation satellite system (GNSS) solutions. Founded in 2012 and headquartered in San Francisco, California, with an additional location in Melbourne, Australia, the company aims to make accurate positioning technology more accessible and affordable. Swift Navigation offers a range of products, including the Piksi Multi GNSS Module and the ruggedized Duro Receiver, both providing centimeter-level accuracy through real-time kinematics (RTK) technology. Their offerings also include the Skylark cloud corrections service and the Starling GNSS positioning engine, which cater to various sectors such as automotive, agriculture, robotics, and unmanned aerial vehicles (UAVs). The company is recognized for defining a new category of low-cost, high-accuracy GNSS systems, delivering significantly better performance than conventional GPS systems. Swift Navigation's innovative solutions have been acknowledged by prestigious lists, reflecting its role in transforming industries through automation and enhanced navigation capabilities.

Cape Analytics

Series A in 2016
Cape Analytics, LLC is a technology company that specializes in artificial intelligence-based geospatial imagery data solutions for the insurance and reinsurance sectors. Founded in 2014 and headquartered in Mountain View, California, the company provides a cloud-based property intelligence platform that utilizes deep learning and computer vision to deliver instant property insights. This platform allows insurers and other stakeholders to access detailed property attributes during the underwriting process, achieving a level of accuracy that typically necessitated an on-site inspection, while also ensuring rapid data availability across the United States. By streamlining the evaluation of properties, Cape Analytics enhances the underwriting process for real estate and insurance companies.

Swift Navigation

Series A in 2015
Swift Navigation, Inc. is a technology company specializing in high-precision global positioning system (GPS) and global navigation satellite system (GNSS) solutions. Founded in 2012 and headquartered in San Francisco, California, with an additional location in Melbourne, Australia, the company aims to make accurate positioning technology more accessible and affordable. Swift Navigation offers a range of products, including the Piksi Multi GNSS Module and the ruggedized Duro Receiver, both providing centimeter-level accuracy through real-time kinematics (RTK) technology. Their offerings also include the Skylark cloud corrections service and the Starling GNSS positioning engine, which cater to various sectors such as automotive, agriculture, robotics, and unmanned aerial vehicles (UAVs). The company is recognized for defining a new category of low-cost, high-accuracy GNSS systems, delivering significantly better performance than conventional GPS systems. Swift Navigation's innovative solutions have been acknowledged by prestigious lists, reflecting its role in transforming industries through automation and enhanced navigation capabilities.

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 specializing in 3D geospatial analytics, focused on automating the analysis of geospatial big data for the energy sector. Established in 2015 and headquartered in San Francisco, California, Enview leverages artificial intelligence, advanced data analytics, and remote sensing technologies to enhance the safety and reliability of pipeline and powerline operations. By integrating multiple sensor sources, including multispectral aerial and satellite imagery and LiDAR, Enview's platform provides predictive analytics that identify potential threats before they materialize. Its solutions aim to protect critical infrastructure, improve compliance, and contribute to national security by enabling informed, risk-based decision-making through sophisticated data visualization and analysis.

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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