# Geospin

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/geospin

- Industry: Software
- Headquarters: Freiburg im Breisgau, Germany
- Website: http://www.geospin.de
- Latest round: Seed (Jun 12, 2018)
- Investors on record: 2

## About

Geospin GmbH, based in Freiburg im Breisgau, Germany, specializes in location intelligence software solutions, focusing on geo machine learning to assist businesses in geographic data analysis and decision-making.Geospin GmbH provides location intelligence software, enabling users to conduct geographic analyses to support various business needs. The company was founded in 2016 in Freiburg im Breisgau, Germany. In January 2021, Thüga Aktiengesellschaft acquired Geospin GmbH from its founders, Christoph Gebele and Tobias Brandt. The current CEO is Sebastian Wagner. The company has engaged in 2 total deals, with the most recent deal occurring on January 29, 2021.Geospin specializes in location intelligence software solutions, focusing on geo machine learning through their flagship product, the Location Intelligence Assistant (LIA). This platform empowers users to conduct geographic analyses without requiring IT or data expertise, enabling swift access to Germany-wide forecasts, analyses, and various data sources via an intuitive web interface. LIA allows users to analyze specific locations, produce insights displayed on interactive maps, and evaluate competitive factors that aid strategic decision-making across different industries such as real estate, retail, energy providers, and municipalities. The company serves a diverse clientele, including organizations like Siemens AG and Thüga AG, leveraging advanced research in geographic big data and machine learning to deliver actionable insights.Geospin generates revenue through a subscription-based model for their LIA software, targeting B2B clients across multiple sectors. Clients engage in annual or monthly subscriptions, granting them access to the comprehensive features of the platform, including advanced forecasting and data analysis capabilities tailored to specific industry needs. The pricing structure offers scalable options, catering to varying organizational sizes and analytical requirements. The company’s revenue stream is primarily derived from service agreements with their clients, ensuring continuous engagement within the location intelligence ecosystem.As of January 29, 2021, Geospin GmbH is focused on developing new products and expanding its market reach. The company aims to enhance its Location Intelligence Assistant (LIA) with advanced features to better serve its clients. Additionally, Geospin plans to expand into new geographic markets, specifically targeting regions outside Germany by the end of 2023. The recent acquisition by Thüga Aktiengesellschaft is expected to provide the necessary support for these initiatives.

## Funding rounds

- Seed, Jun 12, 2018 — High-Tech Gruenderfonds, Thuga AG

## Investors

- High-Tech Gruenderfonds (https://capitalatlas.ai/funds/high-tech-gruenderfonds) — Seed
- Thuga AG — Seed