# Xplore

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

- Industry: Aerospace
- Headquarters: Redmond, US
- Website: www.xplore.com
- Total disclosed funding: $16M
- Latest round: Series A (Feb 18, 2022)
- Investors on record: 10

## About

Xplore, Inc. provides advanced satellite-based solutions that enhance data acquisition, computational capabilities, and operational efficiency across various industries, including agriculture and defense.Founded in 2017 in Redmond, US, Xplore, Inc. focuses on satellite-based solutions for data acquisition. The company raised USD 16.2 mn in Series A funding on February 18, 2022, from investors including Alumni Ventures Group and Brightstone Venture Capital. The CEO is Greg Barden.Xplore specializes in advanced satellite-based solutions that enhance data acquisition, computational capabilities, and operational efficiency across industries. The primary offerings include a constellation of low Earth orbit satellites equipped with various sensors such as ultraviolet, hyperspectral, high-resolution video, infrared, and RF sensing technologies. Their flagship Major Tom platform optimizes satellite operations as a service, enabling clients to efficiently manage their satellite constellations. Key end users include governmental agencies, research institutions, and commercial enterprises in sectors like agriculture, environmental monitoring, and defense, with a focus on markets in North America, Europe, and parts of Asia.Xplore's revenue model is based on providing subscription-based services for on-demand access to data and operational capabilities. The Major Tom software integrates satellite operations, facilitating tracking, scheduling, and management of satellite data flows. Revenue is generated through various pricing tiers related to data analytics, computational services, and satellite management tools, accommodating both business-to-business and direct consumer partnerships. Pricing plans cater to varying operational scales, serving customers from small startups to large enterprises that require comprehensive satellite data solutions.With the recent Series A funding of USD 16.2 mn raised in February 2022, Xplore plans to expand its operations and product development. The funding will facilitate the design and launch of upcoming products, aiming for expansion into new geographic markets, specifically targeting regions in Asia and Europe within the next two years.

## Funding rounds

- Series A, Feb 18, 2022, $16M — Brightstone Venture Capital, Helios Capital, Alumni Ventures Group, Gaingels, Starbridge Venture Capital, Tremendous View Capital, KittyHawk Ventures, Lombardstreet Ventures, Kingfisher Capital LLC, The Private Shares Fund

## Investors

- Brightstone Venture Capital (https://capitalatlas.ai/funds/brightstone-venture-capital) — Series A
- Helios Capital (https://capitalatlas.ai/funds/helios-capital) — Series A
- Alumni Ventures Group (https://capitalatlas.ai/funds/alumni-ventures-group) — Series A
- Gaingels (https://capitalatlas.ai/funds/gaingels) — Series A
- Starbridge Venture Capital (https://capitalatlas.ai/funds/starbridge-venture-capital) — Series A
- Tremendous View Capital (https://capitalatlas.ai/funds/tremendous-view-capital) — Series A
- KittyHawk Ventures (https://capitalatlas.ai/funds/kittyhawk-ventures) — Series A
- Lombardstreet Ventures (https://capitalatlas.ai/funds/lombardstreet-ventures) — Series A
- Kingfisher Capital LLC — Series A
- The Private Shares Fund (https://capitalatlas.ai/funds/the-private-shares-fund) — Series A