About Ecopia AI
Ecopia AI is a company based in Waterloo (Canada) founded in 2013. It operates as a AI-as-a-Service, and Data-as-a-Service. Ecopia AI has raised $12.63 million across 4 funding rounds from investors including Canadian Space Agency, Sustainable Development Technology Canada and Accelerator Centre. Ecopia AI offers products and services including 3D Land Cover, Building-Based Geocoding, Advanced Transportation Features, and Global Feature Extraction. Ecopia AI operates in a competitive market with competitors including Trimble, Orbital Insight, Ambarella, IntelliFusion and Clobotics, among others.
- Headquarter Waterloo, Canada
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Sectors
Industrial Goods & ManufacturingTechnology
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$12.63 M (USD)
in 4 rounds
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Latest Funding Round
$6.13 M (USD), Series B
Jul 07, 2022
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Investors
Canadian Space Agency
& 2 more
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Employee Count
Employee Count
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Products & Services of Ecopia AI
Ecopia AI offers a comprehensive portfolio of products and services, including 3D Land Cover, Building-Based Geocoding, Advanced Transportation Features, and Global Feature Extraction. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
High-resolution 3D land cover data is provided for mapping.
Accurate geocoding data for buildings is offered for analysis.
Detailed transportation mapping features are delivered for planning purposes.
Global geospatial features are extracted using AI for insights.
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Funding Insights of Ecopia AI
Ecopia AI has successfully raised a total of $12.63M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $6.13 million completed in July 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Series B — $6.1M
- First Round First Round
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2022 | Amount | Series B - Ecopia AI | Valuation |
investors |
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| Jul, 2022 | Amount | Grant - Ecopia AI | Valuation |
investors |
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| Sep, 2019 | Amount | Series A - Ecopia AI | Valuation | Sustainable Development Technology Canada |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Ecopia AI
Ecopia AI has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Canadian Space Agency, Sustainable Development Technology Canada and Accelerator Centre. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital firm focused on investing in clean tech sectors
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Founded Year | Domain | Location | |
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Startups are built and accelerated in a structured studio environment.
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Founded Year | Domain | Location | |
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Canadian space agency focused on social and economic benefits
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Ecopia AI
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Ecopia AI
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Ecopia Ai Comparisons
Competitors of Ecopia AI
Ecopia AI operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Trimble, Orbital Insight, Ambarella, IntelliFusion and Clobotics, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based positioning solutions are offered for industrial sectors.
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| domain | founded_year | HQ Location |
Geospatial data is analyzed from satellite imagery for enterprise insights.
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| domain | founded_year | HQ Location |
AI-enabled image processors are manufactured for ADAS and security applications.
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| domain | founded_year | HQ Location |
Provider of AI and cloud-based vision processing units for video analytics applications
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| domain | founded_year | HQ Location |
Drone data management and analysis solutions are provided for enterprises.
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| domain | founded_year | HQ Location |
Cloud-based traffic data for commercial sites is analyzed and mapped.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Ecopia Ai
Frequently Asked Questions about Ecopia AI
When was Ecopia AI founded?
Ecopia AI was founded in 2013 and raised its 1st funding round 3 years after it was founded.
Where is Ecopia AI located?
Ecopia AI is headquartered in Waterloo, Canada. It is registered at Waterloo, Ontario, Canada.
Is Ecopia AI a funded company?
Ecopia AI is a funded company, having raised a total of $12.63M across 4 funding rounds to date. The company's 1st funding round was a Series A of $6.5M, raised on Sep 15, 2016.
What does Ecopia AI do?
Ecopia AI is focused on digitizing the world through artificial intelligence by converting high-resolution geospatial imagery into accurate, up-to-date vector maps. These maps are utilized for data-driven decision-making across various sectors including municipal and state government, federal government, civil engineering, insurance, telecommunications, and non-governmental organizations. Comprehensive solutions are provided to enhance infrastructure planning, risk assessment, network planning, and humanitarian aid projects with scalable, accurate, and current digital twins of the real world.
Who are the top competitors of Ecopia AI?
Ecopia AI's top competitors include Trimble, Orbital Insight and Ambarella.
What products or services does Ecopia AI offer?
Ecopia AI offers 3D Land Cover, Building-Based Geocoding, Advanced Transportation Features, and Global Feature Extraction.
Who are Ecopia AI's investors?
Ecopia AI has 3 investors. Key investors include Canadian Space Agency, Sustainable Development Technology Canada, and Accelerator Centre.