Point One

The firm has developed a full-stack solution designed to deliver centimeter-level location accuracy, a significant improvement over standard GPS capabilities. This is achieved through a combination of proprietary sensor fusion algorithms, computer vision, and a GNSS correction service. Point One's technology integrates data from various sensors such as GNSS, IMU, and wheel odometry to provide reliable positioning, even in environments where satellite signals are challenged. A key feature is its self-calibrating software that automatically learns sensor orientation, optimizing performance out of the box.

The core of its service offering is the Polaris network, a Real-Time Kinematic (RTK) correction service with over 1,440 base stations across the US, Europe, Australia, and more. This network allows compatible GNSS devices to achieve high-precision location without the need for a local base station. For developers and clients, the company provides its solutions through an API, making it compatible with a variety of platforms. They also offer hardware like the Atlas development kit, which serves as a reference platform for integrating their technology into products.

Point One operates on a recurring revenue business model, charging manufacturers a monthly fee for each vehicle or device utilizing its service. The company targets clients such as automotive OEMs, trucking companies, drone manufacturers, and surveying professionals. Having raised a total of $37.5 million in funding, including a $20 million Series B round in March 2023, the company is capitalized for growth and expansion.