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Venture Capital News: Exodigo Pulls In $105M Series A Round

2024-02-27
PALO ALTO, CA, Exodigo, the artificial intelligence (AI) innovator modernizing underground mapping, today announced the close of a $105 million Series A round.
Exodigo, the artificial intelligence (AI) innovator modernizing underground mapping, today announced the close of a $105 million Series A round, converting $30 million previously secured in SAFEs, for a total of $118 million in funding since its launch in 2022. Greenfield Partners and existing investor Zeev Ventures co-led the Series A with participation from existing investors SquarePeg, 10D VC, JIBE and National Grid Partners. Exodigo continues to lead a complete reinvention of underground mapping and plans to use the new capital to further build out its global team, accelerate the development of a self-service product line, and support its expansion into new markets.

Exodigo offers groundbreaking solutions for mapping the underground accurately and efficiently. Combining advanced multi-sensing technology with proprietary artificial intelligence, Exodigo empowers transportation, energy, utility, and construction leaders to design, dig and build safer, smarter, and faster by providing accurate subsurface intelligence to derisk the underground. Featured on Fast Company's Next Big Things in Tech, TIME's Best Inventions and CB Insights' AI 100, Exodigo is backed by top industry partners and headquartered in Tel Aviv and Palo Alto.
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