About GeoSLAM
GeoSLAM is a company based in Ruddington (United Kingdom) founded in 2012 was acquired by FARO Technologies in September 2022.. GeoSLAM has raised $6.88 million across 1 funding round from investors including FARO Technologies, Frontier Development Capital and Clydesdale Bank. GeoSLAM offers products and services including ZEB Horizon, FARO Orbis, and FARO Connect. GeoSLAM operates in a competitive market with competitors including Hover, Mapbox, Esri, Pix4D and GeoDigital, among others.
- Headquarter Ruddington, United Kingdom
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Sectors
Real Estate & ConstructionTechnology
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Geoslam Limited
- Date of Incorporation 26 Oct, 2011
- Jurisdiction NOTTINGHAM, ENGLAND
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$6.88 M (USD)
in 1 rounds
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Latest Funding Round
$6.88 M (USD), Series A
Dec 03, 2018
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Investors
FARO Technologies
& 2 more
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Employee Count
Employee Count
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Acquired by
FARO Technologies
(Sep 01, 2022)
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Products & Services of GeoSLAM
GeoSLAM offers a comprehensive portfolio of products and services, including ZEB Horizon, FARO Orbis, and FARO Connect. 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.
Handheld SLAM device for real-time 3D mapping in various environments.
Mobile laser scanner for dynamic and static 3D data capture.
Tool for processing and cleaning 3D point cloud data.
Funding Insights of GeoSLAM
GeoSLAM has successfully raised a total of $6.88M through 1 strategic funding round. The most recent funding activity was a Series A round of $6.88 million completed in December 2018. 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 1
- Last Round Series A — $6.9M
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First Round
First Round
(03 Dec 2018)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2018 | Amount | Series A - GeoSLAM | Valuation | Clydesdale Bank |
| 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 |
Investors in GeoSLAM
GeoSLAM has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include FARO Technologies, Frontier Development Capital and Clydesdale Bank. 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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Private debt fund focused on mid-market SME and property developers
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Founded Year | Domain | Location | |
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Clydesdale Bank is operated as a provider of personal, business, and private banking services.
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Founded Year | Domain | Location | |
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3D scanners and imaging systems for precise measurements are developed.
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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 GeoSLAM
| 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 - GeoSLAM
| 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 |
Geoslam Comparisons
Competitors of GeoSLAM
GeoSLAM 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 Hover, Mapbox, Esri, Pix4D and GeoDigital, 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 |
Hover is recognized for providing construction and renovation software solutions.
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| domain | founded_year | HQ Location |
Maps, navigation, search, and data are supplied for multiple platforms.
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| domain | founded_year | HQ Location |
Cloud-based spatial analysis and location mapping software is provided.
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| domain | founded_year | HQ Location |
Cloud and AI-based photogrammetry software for drone mapping is provided.
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| domain | founded_year | HQ Location |
Provider of 3D data of remote sensor, and spatial intelligence technologies
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| domain | founded_year | HQ Location |
Spatial data is collected and analyzed for autonomous vehicle mapping.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Geoslam
Frequently Asked Questions about GeoSLAM
When was GeoSLAM founded?
GeoSLAM was founded in 2012 and raised its 1st funding round 6 years after it was founded.
Where is GeoSLAM located?
GeoSLAM is headquartered in Ruddington, United Kingdom. It is registered at Ruddington, Nottinghamshire, United Kingdom.
Is GeoSLAM a funded company?
GeoSLAM is a funded company, having raised a total of $6.88M across 1 funding round to date. The company's 1st funding round was a Series A of $6.88M, raised on Dec 03, 2018.
What does GeoSLAM do?
GeoSLAM was founded in 2012 in Ruddington, United Kingdom. 3D mobile mapping solutions are offered by the company for sectors including surveying, engineering, forestry, facilities, and asset management. Data is captured using devices mounted on drones, robots, or cables. The associated software processes and aligns the data to generate 3D point clouds along with synchronized 2D and 3D imagery for analysis.
What products or services does GeoSLAM offer?
GeoSLAM offers ZEB Horizon, FARO Orbis, and FARO Connect.
Who are GeoSLAM's investors?
GeoSLAM has 3 investors. Key investors include FARO Technologies, Frontier Development Capital, and Clydesdale Bank.