# Spire

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

- Industry: Medical Devices & Equipment
- Headquarters: San Francisco, US
- Website: www.spire.io
- Total disclosed funding: $0.1M
- Latest round: Seed (Aug 1, 2013)
- Investors on record: 2

## About

Spire is a technology company that offers innovative solutions for tracking and analyzing satellite data. Their services empower industries to make informed decisions based on comprehensive global insights.Spire is a data analytics firm that specializes in satellite-based tracking and environmental monitoring. The company is headquartered in San Francisco, US. Founded by a team of experts in data science and aerospace, Spire has undergone strategic pivots to enhance its service offerings. As of April 2020, Spire raised USD 9.97 million in Series B funding, bringing the total amount raised to USD 9.97 million and valuing the company at USD 13.393 million. The current CEO is Michael Doyle, who has a prominent background in technology and analytics.Spire specializes in providing satellite-based data solutions for various industries, including maritime, weather forecasting, and aviation. Their core offerings include advanced satellite data analytics, real-time tracking services, and environmental monitoring tools. These services are designed to support businesses in making data-driven decisions, improving operational efficiency, and enhancing safety and performance metrics. Spire effectively bridges the gap between raw satellite data and actionable insights for its diverse clientele across multiple sectors.Spire generates revenue by offering subscription-based access to its satellite data services and analytics platforms to businesses and organizations. The company collaborates with various industries, including shipping, logistics, and meteorological agencies, facilitating access to vital data and insights that enhance their operational capabilities. Revenue streams also include bespoke data services tailored to meet specific client needs, fostering a solid value proposition for customers seeking to leverage satellite data for improved outcomes.Looking ahead, Spire aims to expand its suite of satellite data products and services, with several new offerings in development slated for release in the coming year. The company is targeting expansion into European and Asian markets by the end of 2021, capitalizing on its recent Series B funding of USD 9.97 million raised in April 2020, which will be utilized to support product development and market entry initiatives. This funding round positions Spire to enhance its technological capabilities and broaden its market reach.

## Funding rounds

- Seed, Aug 1, 2013 — Scrum Ventures
- Seed, Jun 1, 2013, $0.1M — Rock Health

## Investors

- Rock Health (https://capitalatlas.ai/funds/rock-health) — Seed
- Scrum Ventures (https://capitalatlas.ai/funds/scrum-ventures) — Seed