GeoX

GeoX is a geospatial data provider that specializes in creating 3D property intelligence for the insurance, real estate, and telecommunications industries. Founded in 2018 by Izik Lavy, Eli Lavy, and Guy Attar, all graduates of the Israel Defense Forces' elite 9900 military intelligence unit, the company is headquartered in Givatayim, Israel, with a presence in New York.

The company's core service utilizes proprietary artificial intelligence, machine vision, and deep learning technology to automatically analyze aerial imagery and extract detailed 3D data about properties. This includes over 20 attributes such as building footprints, roof geometry and condition, swimming pools, and solar panels. GeoX provides this data on-demand for over 160 million residential and commercial properties across the United States, allowing clients to access it through a web portal or API.

The primary business model is subscription-based, providing property and casualty (P&C) insurance carriers with up-to-date data for more accurate underwriting, risk assessment, and claims processing, particularly in response to natural disasters and the challenges posed by climate change. By offering precise property characteristics, GeoX enables insurers to replace outdated and unreliable data, leading to better pricing accuracy and more efficient operations. The company has formed strategic collaborations with global analytics firms like EXL to integrate its data into broader risk management solutions.

Since its inception, GeoX has raised a total of $23 million. A significant funding milestone was a $19 million Series A round in September 2024, led by Flashpoint Venture Capital.

Keywords: property intelligence, aerial imagery analysis, 3D property data, geospatial data, AI, machine learning, insurtech, risk assessment, underwriting, claims processing, property attributes, building footprints, roof analysis, climate change risk, natural catastrophe data, P&C insurance, real estate technology, deep learning, remote sensing