Exodigo, a supplier of artificial intelligence (AI) subsurface mapping solutions with offices in Palo Alto, California, and Tel Aviv, Israel, has raised $105 million in Series A funding.
With participation from current investors SquarePeg, 10D VC, JIBE, and National Grid Partners, the round was led by Greenfield Partners and Zeev Ventures.
The money will help the company expand into new areas, expedite the creation of a self-service product line, and bolster the growth of its worldwide workforce.
Exodigo, led by CEO Jeremy Suard, provides tools for precisely and effectively mapping the subterranean. It provides precise subsurface knowledge to derisk the underground, enabling leaders in transportation, energy, utilities, and construction to plan, dig, and build. It does this by fusing multi-sensing technology with patented artificial intelligence.
Customers of Exodigo include National Grid, AECOM, PG&E, GRDF, HNTB, Houston METRO, HS2, Israel Electric Corporation, LA Metro, SEPTA, Tel Aviv Metro, and VINCI.