What is onXmaps?
Founded in 2009, onXmaps is a Montana-based company specializing in mobile applications that provide detailed maps for hunters and outdoor enthusiasts. The company excels at aggregating nationwide data, including property ownership, trail networks, and permitted land use, presenting this information through advanced GPS and mapping technologies. Their customized data is tailored for off-pavement activities, leveraging backcountry experience and user feedback to continuously enhance their product offerings and broaden their appeal in the outdoor recreation market.
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 Millennium, Bessemer Venture Partners, Steve Burke, Next Frontier Capital, and Summit Partners
Series B (2022): $87.4M led by Summit Partners
Key Investors in onXmaps
Millennium
Millennium Technology Value Partners is a full lifecycle partner for generational technology companies, providing flexible capital solutions throughout their growth journey. With over 20 years of experience, the firm has partnered with leading companies, managing a diverse portfolio that includes structured equity, liquidity solutions, and growth capital.
Summit Partners
Founded in 1984, Summit Partners is an equity investment company that invests in entrepreneurial companies. They are headquartered out of Boston, Massachusetts.
Next Frontier Capital
Next Frontier Capital is a venture capital firm focused on investing in innovative sectors such as AI, climate tech, deep tech, B2B software, fintech, defense tech, and cybersecurity. They aim to support companies that are transforming industries and addressing complex global challenges.
What's next for onXmaps?
The recent major strategic investment in onXmaps, following its Series A and Series B funding rounds, positions the company for accelerated expansion and product development. This significant capital infusion, particularly the enterprise-level backing, suggests a strategic focus on scaling operations, enhancing technological capabilities, and potentially exploring new market segments within the outdoor recreation and land management industries. The company is poised to further solidify its leadership in providing essential mapping tools for outdoor adventurers.
See full onXmaps company page
