# Spexi Geospatial

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/spexi-geospatial

- Industry: Software
- Headquarters: Vancouver, Canada
- Website: www.spexigeo.com
- Total disclosed funding: $17M
- Latest round: Series A (Dec 5, 2024)
- Investors on record: 8

## About

Based in British Columbia, Canada, and founded in 2018, Spexi Geospatial Inc. operates as a drone technology company. In October 2022, Spexi Geospatial Inc. raised USD 5.5 million in seed funding led by Alliance DAO, Dapper Labs Inc., FJ Labs, and Protocol Labs, Inc. As of 2022, the company’s CEO is Bill Lakeland.

Spexi offers Spexigon, which is a cloud-based SaaS fly-to-earn drone imagery platform that enables businesses in the real estate, agricultural, and construction industries to collect data through aerial imagery and provides various services, including volumetric survey and general mapping services. The platform also offers multiple features, such as image capturing, captivating aerial video clips, 360-degree panoramas, and more. In addition, the company also provides a mobile application for both Android and iOS users.

The company generates revenue by offering its services on a subscription-based pricing plan. The plans include subscriptions (USD 300/month) and credits (USD 15 per credit).

The company plans to use the funds raised in October 2022 to introduce its fly-to-earn platform, Spexigon.

## Funding rounds

- Series A, Dec 5, 2024, $12M — Moonshots Capital, Blockchange Ventures, Protocol Labs, Inc.
- Seed, Jul 29, 2022, $5.5M — FJ Labs, Blockchange Ventures, Dapper Labs Inc., Protocol Labs, Inc., Alliance DAO, InDro Robotics, Inc., CyLon Ventures

## Investors

- FJ Labs (https://capitalatlas.ai/funds/fj-labs) — Seed
- Blockchange Ventures (https://capitalatlas.ai/funds/blockchange-ventures) — Seed, Series A
- Dapper Labs Inc. — Seed
- Protocol Labs, Inc. — Seed, Series A
- Alliance DAO — Seed
- InDro Robotics, Inc. — Seed
- CyLon Ventures (https://capitalatlas.ai/funds/cylon-ventures) — Seed
- Moonshots Capital (https://capitalatlas.ai/funds/moonshots-capital) — Series A