What is onXmaps?
onXmaps is a Montana-based company specializing in mobile applications that provide detailed mapping solutions for hunters and outdoor enthusiasts. Leveraging advanced GPS and mapping technologies, the company aggregates extensive nationwide data, including property ownership, trails, and land use regulations. This customized information is presented to users, tailored specifically for their off-pavement activities. Since its inception in 2009, onXmaps has continuously refined its offerings based on user feedback from backcountry experiences, broadening its appeal across various outdoor pursuits.
How much funding has onXmaps raised?
onXmaps has raised a total of $107.7M across 2 funding rounds:
Series A
$20.3M
Series B
$87.4M
Series A (2018): $20.3M with participation from Summit Partners, Millennium, Next Frontier Capital, Steve Burke, and Bessemer Venture Partners
Series B (2022): $87.4M led by Summit Partners
Key Investors in onXmaps
Summit Partners
Summit Partners is an equity investment company founded in 1984, known for investing in entrepreneurial companies and headquartered in Boston, Massachusetts.
Millennium
Millennium Technology Value Partners is a full lifecycle partner for generational technology companies, providing flexible capital solutions and managing a diverse portfolio with a focus on structured equity, liquidity solutions, and growth capital.
Next Frontier Capital
Next Frontier Capital is a venture capital firm that invests in innovative sectors such as AI, climate tech, and B2B software, aiming to support companies transforming industries.
What's next for onXmaps?
The substantial enterprise-level funding indicates a strategic phase for onXmaps, likely focused on scaling operations, enhancing technological capabilities, and expanding its market reach. The company's commitment to integrating user feedback suggests a continued emphasis on product development and user experience. Future growth may involve further data acquisition, strategic partnerships, and the exploration of new outdoor recreation verticals, solidifying its position as a leader in specialized mapping technology.
See full onXmaps company page
