HomeUSAxMap Raises Pre-Seed Funding

xMap Raises Pre-Seed Funding

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xMap

xMap, a Wilmington, DE-based provider of an AI-driven platform for geospatial data analysis, raised an undisclosed amount in Pre-Seed funding.

The round was led by Shizen Capital.

The company intends to use the funds to expand its tool globally, helping businesses analyze location data for real-time decisions.

Founded by CEO Mo Batran, xMap provides a platform that allows users to draw polygons on a map and ask location-based questions, such as population size, number of gas stations, and foot traffic patterns. It leverages a combination of open government data, proprietary models, and large-scale language models (LLMs) to provide context-aware location information. The platform currently covers three cities, with expansion plans in progress.

Since its launch, xMap has attracted major clients, including Coca-Cola, and generated $600K in revenue.

FinSMEs

12/09/2024

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