How Much Did onXmaps Raise?
Funding & Key Investors

onXmaps, a prominent leader in the outdoor recreation technology sector, has successfully secured significant capital to accelerate its market expansion. The company has reached a cumulative valuation milestone represented by $107.7M, bolstered by a recent strategic investment of $87.4M. This influx of financing underscores the firm's robust trajectory as it continues to scale its proprietary mapping and GPS solutions for outdoor enthusiasts and land management professionals alike.

The latest capital injection serves as a testament to the company's ability to aggregate complex nationwide data, including property ownership and land-use parameters, into a seamless user experience. By maintaining a focus on high-utility digital tools, onXmaps has solidified its position as an essential utility for hunters and backcountry explorers, effectively bridging the gap between raw geospatial data and actionable, off-pavement navigation.

What is onXmaps?

onXmaps
SoftwareMobile App Development

Headquartered in Montana, onXmaps operates at the intersection of geospatial intelligence and consumer-facing mobile technology. Since its inception in 2009, the company has evolved from a niche mapping provider into a comprehensive platform that integrates nationwide property ownership records, trail systems, and permitted land-use data. By leveraging world-class GPS technology, the firm provides customized, location-aware insights that cater to the specific needs of the outdoor recreation market. The company's core value proposition lies in its ability to synthesize vast datasets into intuitive, user-friendly interfaces, thereby democratizing access to critical land information for millions of users. This strategic focus on data integrity and user-centric design has allowed onXmaps to maintain a competitive moat in the rapidly digitizing outdoor industry.

How much funding has onXmaps raised?

onXmaps has raised a total of $107.7M across 2 funding rounds:

2018

Series A

$20.3M

2022

Series B

$87.4M

Series A (2018): $20.3M with participation from Next Frontier Capital, Summit Partners, Millennium, Bessemer Venture Partners, and Steve Burke

Series B (2022): $87.4M led by Summit Partners

Key Investors in onXmaps

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.

Summit Partners

Founded in 1984, Summit Partners is an equity investment company that invests in entrepreneurial companies, headquartered in Boston, Massachusetts.

Millennium Technology Value Partners

Millennium Technology Value Partners is a full lifecycle partner for generational technology companies, providing flexible capital solutions throughout their growth journey.

What's next for onXmaps?

With the support of its latest financing, onXmaps is well-positioned to deepen its technological infrastructure and expand its reach within the broader outdoor recreation ecosystem. The company's strategic roadmap likely involves enhancing its data-processing capabilities to include more granular land-use insights and potentially exploring new verticals within the conservation and land management sectors. As the firm transitions into a more mature enterprise-level entity, the focus will shift toward scaling its subscription-based model and fostering deeper integration with hardware partners. By leveraging the expertise of its institutional backers, onXmaps is poised to maintain its dominance in the digital mapping space while continuing to innovate at the intersection of technology and the great outdoors.

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Frequently Asked Questions Regarding onXmaps Financial Insights

What are the most recent funding rounds that onXmaps has completed, and what were the funding rounds?
onXmaps has recently completed 2 funding rounds: Series B on Oct 4, 2022, Series A on Feb 15, 2018.
What is the total amount of funding onXmaps has raised to date?
onXmaps has raised a total of $107.7M in funding to date.
How many funding rounds has onXmaps completed?
onXmaps has completed 2 funding rounds.
How much funding did onXmaps raise in its most recent funding round?
onXmaps raised $87.4M in its most recent funding round.
Who are the lead investors in onXmaps's latest funding round?
The lead investor in onXmaps's latest funding round was Summit Partners. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in onXmaps's history?
The largest funding round in onXmaps's history was $87.4M.
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