A mapping startup based mostly in Missoula, Mont., which permits customers to obtain subtle offline topographic maps outlining private and non-private lands and various different options geared in direction of looking, fishing and tenting, has pulled in its first main outdoors funding.
onXmaps has closed a $20.three million Sequence A spherical led by Summit Companions. Bessemer Enterprise Companions, Millennium Know-how Worth Companions, Subsequent Frontier Capital and NBCUniversal CEO Steve Burke additionally participated within the spherical. The corporate is asking the fundraise one of many greatest ever amongst startups based mostly in Montana.
That is impressively the primary bout of out of doors funding that the 70-person startup has ever taken since being based in 2009.
The corporate’s founder and CEO Eric Siegfried, an avid outdoorsman himself, had created a extra fundamental program to combine these maps together with his personal Garmin GPS. After discovering his mates had been taken with having a product like this too, he put down $27ok of his private funds into the enterprise and turned his spouse’s scrap-booking room into an HQ of kinds, copying the software program he’d written to microSD playing cards and laser-printing labels.
A giant utility of the Missoula, Montana-based startup’s know-how has been in enabling customers to trace the boundaries of private and non-private lands whereas creating customized maps with different info grouped into “layers” for after they’re looking, fishing or mountain climbing. The corporate’s central product for desktop, cellular and Garmin GPS gadgets is an app known as onX Hunt, which the startup says is utilized by “thousands and thousands of hunters” although onXmaps CTO/COO Joshua Spitzer notes that “virtually zero p.c of customers use the product only for looking.”
The corporate’s maps cowl practically one billion acres of public land and round 121 million personal properties in response to the corporate. Customers can obtain topographic maps of those areas and use their cellular system’s GPS performance to observe their very own actions alongside user-designed routes or the greater than 400,000 miles of trails which might be obtainable within the firm’s app.
Public information entry differs on a state-by-state foundation so customers can both pay $30 per yr to get entry to maps for a single state or they will plop down $100 yearly to see information for all 50 states.
The corporate has thrived contained in the Montana startup ecosystem, which you’d be forgiven for not having heard a lot about. The corporate’s management is fairly emphatic that the corporate’s success owes lots to Montana itself although.
“Within the onXmaps historical past, Montana is definitely virtually like a co-founder in some methods,” Spitzer instructed TechCrunch. “The corporate that we have now at present may by no means actually have been based anyplace else based mostly on the sporting historical past and sporting tradition in Montana and the patchwork land possession state of affairs that exists with private and non-private lands.”
As the corporate seems to develop, it’s seeking to construct new merchandise outdoors of its core Hunt app within the coming months and use this newest spherical of funding to amass extra clients and extra information to strengthen its companies.