Latest news with #locationintelligence
Yahoo
24-06-2025
- Business
- Yahoo
LightBox Acquires UrbanFootprint, Expanding Market-Leading Location Intelligence with Climate, Infrastructure & Demographic Data
Bringing Next-Generation Modeling and Analytics to the LightBox Platform to Power Smarter Decisions Across the Commercial Real Estate Ecosystem IRVINE, Calif., June 24, 2025 /PRNewswire/ -- LightBox, the trusted platform powering location intelligence for the commercial real estate (CRE), lending, and infrastructure industries, today announced the acquisition of UrbanFootprint, a pioneer in geospatial analytics and scenario-based modeling for infrastructure investment, climate risk, and community resilience. This strategic acquisition expands LightBox's data portfolio with UrbanFootprint's nationally modeled layers including demographics, land use, environmental hazards, infrastructure, and social-equity indicators. This move also adds UrbanFootprint's experienced product, engineering, and customer-success teams, including founder and CEO Joe DiStefano. "Our customers are navigating increasingly complex, high-stakes decisions about where to invest, build, and mitigate risk," said Caroline Stoll, General Manager of Data & Analytics at LightBox. "By integrating UrbanFootprint's powerful data assets and scenario-modeling capabilities, decision-makers can see not only what's on a site today but how climate, demographic, and infrastructure forces may reshape it tomorrow." Over the coming months, LightBox will weave UrbanFootprint's models and data across its platform enhancing site intelligence, underwriting analytics, and property-level benchmarking for customers in real estate, finance, infrastructure, and government. "The acquisition of UrbanFootprint aligns with our long-term vision to build the most comprehensive, connected platform in commercial real estate," said Eric Frank, CEO of LightBox. "UrbanFootprint's technology deepens our ability to deliver forward-looking intelligence across real estate, infrastructure, and finance. As we expand the reach of LightBox Live and LightBox Live Data, we are uniquely positioned to provide insight at the speed of decision-making across markets, asset classes, and geographies." "LightBox's mission to connect commercial real estate through real-time intelligence reflects the vision we built at UrbanFootprint," said Joe DiStefano, CEO of UrbanFootprint. "I'm excited to help carry that vision forward as part of the LightBox platform." LightBox will continue to support UrbanFootprint's utility, finance, and government clients while introducing new opportunities across its expanding platform. About UrbanFootprint UrbanFootprint delivers location intelligence and scenario-modeling solutions for infrastructure investment, resilience planning, and equitable community development. About LightBox At LightBox, we are at the forefront of delivering advanced and precise solutions for commercial real estate intelligence. Our dedication to innovation propels real estate professionals forward by providing them with the essential tools required to navigate complex decisions, minimize risk, and boost productivity across the spectrum of real estate operations. LightBox is renowned for its commitment to promoting excellence and fostering connections in the industry, serving an extensive clientele of over 30,000 customers. Our diverse client base spans commercial and government sectors, including but not limited to brokers, developers, investors, lenders, insurers, technologists, environmental advisors, appraisers, and other businesses that depend on geospatial information. To discover more about how LightBox can illuminate the path to informed real estate solutions, visit us at: Media inquiries: media@ View original content to download multimedia: SOURCE LightBoxRE
Yahoo
19-06-2025
- Business
- Yahoo
LexisNexis Risk Solutions Launches Location Intelligence: A First-of-Its-Kind Underwriting Solution for U.S. Commercial Property Risk Assessment
New proprietary solution delivers more than 20 times the lift, enabling commercial property insurers to help automate and optimize risk strategies with more accuracy ATLANTA , June 19, 2025 /PRNewswire/ -- LexisNexis® Risk Solutions today announced the launch of LexisNexis® Location Intelligence for Commercial, a next-generation commercial property risk assessment solution that sets a new standard for more precise, automated and predictive modeling power in the U.S. commercial insurance sector at underwriting and renewal. As severe weather events continue to escalate in frequency and severity – driving more than 65% of all U.S. property losses1, commercial insurers face mounting challenges in underwriting, pricing and portfolio management. Location Intelligence for Commercial helps commercial insurance carriers better assess and spotlight property risks that are highly indicative of loss propensity. To address these blind spots in today's commercial underwriting processes, Location Intelligence for Commercial helps deliver insights using a holistic approach that combines industry loss data that is highly indicative of future loss, weather forensics and granular property characteristics into a suite of predictive modeling risk scores and supporting attributes. The patent-pending solution then adds proprietary claims information and neural network-driven risk propensity models to deliver actionable, future-focused insights directly into commercial insurance carrier workflows for a more detailed and accurate view of commercial property risk. "As opposed to conventional sources of information from basic weather data, roof age and aerial imagery, LexisNexis Location Intelligence represents a new standard for commercial property risk assessment that helps give insurers the actionable intelligence they need for a fuller and more granular view of risk coupled with workflow automation they can actually leverage," said David Zona, senior vice president, commercial insurance, LexisNexis Risk Solutions. "With Location Intelligence, they can better assess risk, such as which 10% of the properties in their book could generate a third of their property losses. This can put them in a unique position to be a customer service leader, proactively working with their customers on risk mitigation and resilience efforts." LexisNexis Location Intelligence capabilities include: Unmatched Predictive Modeling Lift: Can deliver over 20 times the lift2 compared to traditional loss propensity models, enabling commercial insurance carriers to better pinpoint the 10% of properties likely to generate 34% of weather-related losses in the coming year. Multi-Source Intelligence: Synthesizes aerial imagery, LexisNexis Risk Solutions comprehensive claims data, weather events and proprietary information for a more complete, accurate risk profile far beyond what imagery alone can provide and not just a point-in-time snapshot. Automation and Efficiency: Integrates seamlessly into commercial insurance underwriting and renewal workflows, supporting straight-through processing and enabling more efficient, targeted risk control strategies. Transparency and Communication: Provides a more transparent, multi-source approach to risk assessment, positioning commercial insurance carriers to more easily adapt to evolving regulatory requirements and communicate to business owners a more robust view of their commercial property risk, helping to ensure they are adequately insured in the event of a claim. "We understand that insurance underpins the economy, and commercial property insurers need to be able to confidently manage risk and improve profitability as they look to support the nation's small business foundation," continued Zona. "With year-over-year losses and the growing volatility of weather patterns, insurance carriers need more than historical data to win the day. They need forward-looking, actionable insights to better identify underwriting risk and improve profitability so they can continue helping their business customers thrive." For more information, please visit LexisNexis Location Intelligence for Commercial. About LexisNexis Risk SolutionsLexisNexis® Risk Solutions harnesses the power of data, sophisticated analytics platforms and technology solutions to provide insights that help businesses across multiple industries and governmental entities reduce risk and improve decisions to benefit people around the globe. Headquartered in metro Atlanta, Georgia, we have offices throughout the world and are part of RELX (LSE: REL/NYSE: RELX), a global provider of information-based analytics and decision tools for professional and business customers. For more information, please visit LexisNexis Risk Solutions and RELX. 1 LexisNexis Risk Solutions internal study, 20252 LexisNexis Risk Solutions internal study, 2024 Contact: Chas View original content to download multimedia: SOURCE LexisNexis Risk Solutions Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
National Post
03-06-2025
- Business
- National Post
dataplor Raises $20.5M Series B to Scale Global Location Intelligence and Accelerate Product Growth
Article content Following the recent international mobility product launch, dataplor continues rapid growth with new funding to scale global POI coverage, enhance customer solutions, and power smarter business decisions. Article content Article content MANHATTAN BEACH, Calif. — dataplor, a leading provider of global location intelligence, today announced the close of a $20.5 million Series B funding round, led by F-Prime, with participation from Spark Capital, FFVC, Acronym Venture Capital, Two Lanterns Venture Capital, APA Ventures, dara5, and Alumni Ventures. The new investment will accelerate dataplor's growth, expand its product offerings, and scale its global location intelligence products. This funding comes on the heels of dataplor's global mobility product launch, which delivers monthly refreshed, privacy-compliant foot traffic data across international markets—unlocking powerful new insights for customers. Combined with its proprietary Point of Interest (POI) data, dataplor now offers businesses the most comprehensive and privacy-forward view of real-world consumer behavior on a global scale. Article content 'Businesses around the world are realizing how critical accurate, dynamic location data is to their strategy,' said Gaurav Tuli, Partner at F-Prime. 'dataplor has built a truly differentiated solution that combines global scale, data quality, and compliance in a way we haven't seen before. We're thrilled to support their next phase of growth.' Article content Businesses rely on precise, dynamic location data to make strategic decisions—yet much of the available international POI data is outdated, incomplete, or inaccurate, particularly in emerging markets. This gap creates billions of dollars in missed opportunities for companies trying to expand, allocate resources, or understand consumer behavior across borders. dataplor's location intelligence fills this void, covering over 350 million POIs in more than 250 countries and territories, serving customers in technology, financial services, retail, logistics, consumer packaged goods (CPG), mapping, real estate, and more. Today, dataplor supports dozens of enterprise customers globally, including multiple Fortune 100 companies, embedding its data into critical workflows across geospatial, operations, and growth teams. Article content Its data powers high-impact decisions for global brands—from helping EV networks predict charger demand in real time to enabling insurers to model property risk with unmatched geospatial precision to empowering CPG leaders to identify distributors and grow in under-mapped regions. By combining AI, machine learning, and human validation, dataplor ensures its datasets remain accurate, comprehensive, and current—even in historically under-mapped regions. Article content With a privacy-first approach, dataplor ensures no personally identifiable information (PII) is ever used. This provides enterprise clients with full confidence in regulatory compliance and ethical data practices. Article content 'Our customers demand accurate, fresh, and globally compliant location data,' said Geoff Michener, Founder and CEO of dataplor. 'With this new funding, we're doubling down on our commitment to deliver the highest quality insights, while expanding our geographic coverage, enriching our product suite, and driving real business impact through seamless customer integration.' Article content dataplor is a leading provider of point-of-interest (POI) and mobility data that helps global enterprises grow abroad by mapping tough-to-reach markets with a privacy-first approach. As the majority of international location data is often inaccurate and quickly outdated, dataplor goes several steps beyond the industry standard, helping the world's largest companies across technology, mapping, search, third-party logistics, consumer packaged goods (CPG), telecom, investing, real estate, and finance understand location intelligence about any commercial or physical location in real-time, fueling their expansion abroad. Article content Article content Article content Article content Article content Article content
Associated Press
12-05-2025
- Business
- Associated Press
KatRisk Announces Acquisition of Gamma, Expanding Capabilities in Location Intelligence and Property Risk Assessment
LA JOLLA, Calif., May 12, 2025 /PRNewswire/ -- KatRisk, the leading provider of catastrophic risk modeling software to the insurance and financial services industries, is pleased to announce the acquisition of Gamma, a pioneering company in location intelligence and property-level risk assessment. This strategic move bolsters KatRisk's expertise in risk analytics, enabling the delivery of more precise insights and next-generation technologies that drive smarter decisions. Gamma has built a reputation for delivering trusted property-level risk data. Their flagship platform, Perilfinder™, is a widely recognized address-level risk assessment, exposure management, and underwriting solution developed in partnership with some of the world's largest general insurers. With this acquisition, KatRisk will integrate Gamma's expertise in property-level visualization, providing clients with intuitive map-based risk insights, dynamic dashboards, and enhanced spatial analytics. The ability to visualize risk at the property level, from flood, wind, and wildfire exposure to other peril data, will provide insurers with unparalleled clarity in risk selection and portfolio management. 'Our acquisition of Gamma is a major step forward in our mission to provide the most comprehensive, high-resolution risk data available,' said Brandon Katz, EVP of Strategy at KatRisk. 'By combining our catastrophic risk models across floods, storms, and fire with Gamma's location intelligence capabilities, we will deliver an even more powerful suite of tools that improves risk selection, reduces loss ratios, and enhances underwriting efficiency.' 'The combination of Gamma and KatRisk represents an exciting opportunity for our customers and partners,' said Feargal O'Neill, CEO of Gamma. 'Joining KatRisk gives us access to the world's leading catastrophe modelers, while opening global markets for Perilfinder™. Together, our combined strengths in catastrophe modeling and location intelligence will empower insurers and underwriters to make smarter, faster risk decisions with greater confidence.' The acquisition of Gamma reinforces KatRisk's commitment to advancing innovation, deepening technical expertise, expanding global reach, and solidifying its position as a market leader in catastrophe and property risk analytics. Together, KatRisk and Gamma bring proven capabilities across continents, with a strong track record in North America and Europe. This milestone builds on the strategic backing of KatRisk and Technosylva by TA Associates and General Atlantic BeyondNetZero, reflecting a shared commitment to delivering scalable, data-driven climate resilience solutions. About KatRisk KatRisk, a Technosylva company, is a global leader in climate catastrophe risk modeling, supporting clients in over 190 countries. Founded in 2012, KatRisk quantifies risk from global weather extremes, including floods, storm surges, hurricanes, hail, wildfires, and tornadoes. KatRisk's industry-leading simulation software platform, SpatialKat, allows customers to model the impacts of climate change, such as sea level rise and changes in extreme precipitation. Built on an open data architecture and designed for rapid execution, KatRisk empowers insurance, reinsurance, and financial services companies to assess catastrophe risk and make more confident, data-driven decisions in underwriting and portfolio management. For more information, visit About Gamma Founded in 1993, Gamma is a leading provider of location intelligence and property risk solutions, operating through two divisions: Gamma Risk and Gamma Labs. Gamma Risk offers advanced tools notably Perilfinder™ and AddressLink™, enabling insurers, lenders, and public agencies to access accurate, frictionless, property-level risk data for underwriting, exposure management, and ESG reporting. Gamma Labs develops innovative cloud-hosted solutions such as BERWOW and EPCWOW promoting retrofit and sustainability, as well as location intelligence platforms supporting custom applications. ISO 27001 certified and driven by continuous R&D, Gamma is trusted across Ireland, the UK, and beyond. Learn more at View original content to download multimedia: SOURCE KatRisk
