Japan’s xMap, an AI-driven platform for geospatial data analysis, has closed a pre-seed funding round as it eyes the U.S. market. The year-old startup has operations in New York, Tokyo and Riyadh in Saudi Arabia, and several U.S. clients including Coca-Cola. Registered in Wilmington, Del., xMap raised an undisclosed amount in a round led by Shizen Capital.
The company has built AI technology based on large language models, or LLMs, that can quickly provide context-aware location information on varied issues, including demographics, location and facilities. Users can draw polygons on a map and ask location-based questions, such as population size, number of gas stations and foot traffic patterns, xMap said.
“At xMap, we believe in simplifying complex geospatial data for real-time decision-making,” said xMap co-founder and CEO Mo Batran, who has an M. Sc. Degree in geospatial science from the University of Tokyo. Batran previously co-founded LocationMind, another location-based startup.
Leveraging a combination of open government data, proprietary models and LLMs, xMap has initially focused on context-aware location data but also eyes opportunities in broader real estate intelligence, with applications in retail, property, consulting and urban planning.
Commercial Real Estate
MacKenzie Companies
Advertising / Media / Communications / Public Relations
Nevins & Associates
Financial Services / Investment Firms
Chesapeake Corporate Advisors
Commercial Real Estate
Monday Properties
Venture Capital
Blue Delta Capital Partners
Internet / Technology
Foxtrot Media
At the core of xMap is Polygon AI, a SaaS tool that the company says helps real estate investors take investment decisions in minutes. Users can demarcate a zone around a around a building or land and ask questions about the neighborhood before making a decision. Launched in July, Polygon AI’s users include Coca-Cola, Lavazza, Deloitte, McKinsey, PwC, KPMG, BCG, Bain & Company, and Kearney, xMap said.
“xMap’s visionary use of generative AI to enhance location intelligence reflects a game-changing approach,” said Shizen Capital’s managing partner, Mark Bivens, pointing to its “capability to transform complex data into actionable insights.”
Since its launch, xMap claims earning $600,000 in revenue. It offers both free and subscription-based access to its Polygon AI tool, and runs a data marketplace that aims to monetize some real estate data.
