Company Overview
Snapshot
Founded in April 2018 by Izik Lavi, Eli Lavi, and Guy Attar, GeoX GIS Innovations operates with 11–50 employees. The company has raised $23 million across 2 funding rounds from 5 investors. In September 2024, the company secured an A round of funding with Flashpoint Venture Capital participating.
Business overview
GeoX GIS Innovations develops proprietary artificial intelligence technology to extract 3D objects from aerial imagery, generating accurate and meaningful property data for the insurance sector. The company's core product provides detailed property dimensions and risk indicators, enabling insurers to perform reliable underwriting and assess risks across their portfolios. GeoX partners with aerial imagery collectors to obtain high-resolution data, including post-disaster assessments, which helps insurers manage claims efficiently. The company operates within the Fintech & Insurtech sector, serving insurance companies, municipalities, and government entities globally, with a focus on Australia.
Strategic signal
In September 2025, a fund alleged that GeoX GIS Innovations misrepresented revenues, customer deals, and growth prospects to secure investment. This development signals potential challenges regarding the company's transparency and investor relations, which could impact future funding and partnerships within the industry.
Company Intelligence Q&A
- When was GeoX GIS Innovations founded and by whom?
- GeoX GIS Innovations was founded in April 2018 by Izik Lavi, Eli Lavi, and Guy Attar.
- What was a significant funding event for GeoX GIS Innovations?
- In September 2024, GeoX GIS Innovations secured an A round of funding, with Flashpoint Venture Capital and Ariel Maislos participating.
- What is the total capital raised by GeoX GIS Innovations?
- GeoX GIS Innovations has raised a total of $23 million across 2 funding rounds.
- What recent challenge has GeoX GIS Innovations faced?
- In September 2025, a fund claimed that GeoX GIS Innovations misrepresented revenues, customer deals, and growth prospects to secure investment.
- What is GeoX GIS Innovations' primary focus?
- GeoX GIS Innovations develops proprietary artificial intelligence technology to extract 3D objects from aerial imagery, generating accurate and meaningful property data for the insurance sector.