Geoforce
Latest round
- Series A
Last raised
- Aug 2013
Total raised
- $11M
Investors
- 2
About Geoforce
Geoforce, Inc.Founded in 2007 in Plano, US, Geoforce, Inc. specializes in asset tracking solutions. The CEO and founder is James Maclean, who has a history of founding other technology-driven ventures, although details on these are not available.Geoforce specializes in advanced asset tracking solutions designed for rugged environments, primarily through its GT family of GPS tracking devices and a cloud-based software platform. These products enable users to monitor the GPS location, utilization, and engine runtime of their equipment across multiple job sites. Tailored for industries such as oil and gas, construction, agriculture, and manufacturing, Geoforce's offerings enhance operational efficiency, reduce equipment losses, and improve maintenance practices.Geoforce operates on a subscription-based revenue model, with clients engaging in ongoing partnerships to utilize their technology. Transactions occur through service agreements that provide access to both hardware and software platforms, including tailored reporting options and data analytics features. Clients pay for the devices alongside a recurring fee for software access, which varies based on service level or number of devices used. The company is working on new product developments aimed at improving user experience and functionality of their tracking solutions. Geoforce targets expansion into the Asia-Pacific region by 2022, seeking to tap into this growing market for asset tracking solutions.
Who invested in Geoforce
2 investors across 1 round
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Funding rounds
Series A
Aug 28, 2013
Amount
$11M
Investors
Questions about Geoforce
Who invested in Geoforce?
Geoforce has 2 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Geoforce raised?
Geoforce has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Geoforce last raise money?
Geoforce's most recent round on record is a Series A, in Aug 2013.
What does Geoforce do?
Geoforce is a internet company.
Where is Geoforce headquartered?
Geoforce is headquartered in Plano, US.
Which VCs invest in companies like Geoforce?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back internet companies at Geoforce's stage. Their profiles are linked below.
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