Descartes Labs

About

Enabling a better understanding of the physical world through the scalable analysis of geospatial data.

Santa Fe,New Mexico,United States
101 - 250
http://www.descarteslabs.com

Highlights

Details

Last Funding Type: Seed
Last Funding Money Raised: $3M
Industries: Agriculture,Analytics,Artificial Intelligence,Consumer Goods,Geospatial,Government,Image Recognition,Machine Learning,Mining,SaaS
Founded date: Jan 1, 2014
Number Of Employee: 101 - 250
Operating Status: Active
Legal Name: Descartes Labs, Inc.

Descartes Labs is a technology company that automates the analysis of geospatial data to help organizations answer key questions about the physical world. With our SaaS platform, we enable the analysis of earth observation data at scale, providing services and solutions across commodity sourcing and forecasting, resource exploration, and climate resilience, while also supporting diverse federal government efforts to gather, analyze, and provide actionable insights from geospatial data. Descartes Labs has over 120 employees and is headquartered in Santa Fe, New Mexico.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

4

$58M

Descartes Labs has raised a total of $58M in funding over 2 rounds. Their latest funding was raised on Oct 11, 2019 from a Series B round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Oct 11, 2019	Series B	$20M	4	Union Grove Venture Partners	—	Detail
Aug 24, 2017	Series B	$30M	4	March Capital	—	Detail
Nov 17, 2015	Series A	$5M	6	Cultivian Sandbox Ventures	—	Detail
May 1, 2015	Seed	$3M	5	—	—	Detail

Investors

Number of Lead Investors

Number of Investors

3

14

Descartes Labs is funded by 14 investors. Union Grove Venture Partners and Ajax Strategies are the most recent investors.

Investor Name	Lead Investor	Funding Round
Union Grove Venture Partners	Yes	Series B
Ajax Strategies	—	Series B
Crosslink Capital	—	Series B
March Capital	—	Series B
Cargill	—	Series B
Cultivian Sandbox Ventures	—	Series B
DCVC	—	Series A
Sandbox Industries	—	Series A
TenOneTen Ventures	—	Series A
ValueStream Ventures	—	Series A