GeoIQ, a hyperlocal performance prediction firm, has raised $2.25 million from Lenskart and current investors 9Unicorns and Ecosystem Ventures.
The funding will be used to grow into worldwide geographies, develop the startup’s proprietary data stack, and leverage data scientist networks to build various AI models.
Devashish Fuloria, Tusheet Shrivastava, and Ankita Thakur created Bengaluru-based GeoIQ in 2018. It uses proprietary algorithms to layer government data with other 600+ reputable public sources and satellite imagery to form a 100m x 100m geospatial grid.