SatSure Analytics India is a deep tech, decision intelligence company founded in 2017 and headquartered in Bangalore. It leverages satellite imagery, machine learning, and big data analytics to provide insights across agriculture, infrastructure, and climate action. SatSure offers a satellite remote sensing platform that provides data analytics and cloud computing integration and is planning to launch a fleet of high-resolution optical and multispectral satellites. Key partners and customers include financial institutions, agriculture businesses, and organizations like ICICI Bank, Kotak Mahindra Bank, and HDFC.
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RasterFlow was developed with input from Taylor Geospatial Engine, SatSure, and Spyrosoft, who are among its initial customers.
SatSure Analytics India Pvt Ltd will collaborate with the Rajasthan Forest Department, JICA DXLab, and Boston Consulting Group on a Proof-of-Concept to develop a forest health monitoring system in Rajasthan as part of a larger Forest Stack vision.
Boston Consulting Group will collaborate with JICA DXLab and SatSure to support design and adoption of the forest health monitoring system for the Rajasthan Forest Department.
SatSure closed a Series A round of $15,000,000 in equity capital last year led by Baring Private Equity Partners India and Promus Ventures.
The technology ReOrbit developed for the ESA InCubed program has been confirmed to be purchased by KaleidEO, a subsidiary of SatSure Analytics India.
SatSure has worked with TransUnion and TransUnion CIBIL since 2022.
TransUnion CIBIL and SatSure partnered in 2022 to jointly launch the CIBIL Credit & Farm Report (CCFR).
TransUnion intends to leverage its information and insights and SatSure’s earth intelligence platforms to provide financial institutions with capabilities to assess and provide access to finance for millions of farmers and agricultural and allied sector professionals in India.
SatSure, KaleidEO, and ReOrbit signed a memorandum of understanding to develop full-stack Earth Observation solutions.
Baring Private Equity Partners (BPEP), India led SatSure’s pre-Series A round in October 2021.
SatSure will use the fresh round of financing to accelerate product innovation and expand operations across the Americas and Asia-Pacific regions.
SatSure closed a Series A round of $15,000,000 in equity capital and venture debt.
The closure of SatSure’s Series A round follows strategic investments from top private sector Indian banks announced in February 2023.
SatSure plans to launch a fleet of four high-resolution optical and multispectral satellites on track for 2025-10-01.
SatSure plans to expand its outreach, invest in Low Earth orbit satellite assets, and continue developing new products.
SatSure will take over Old City Innovations’ customer contracts and leverage OCI’s expertise to expand its geospatial analytics footprint in the U.S. market.
SatSure acquired Philadelphia-based Old City Innovations (formerly Geospoc LLC) in a cash plus stock deal.
SatSure plans to launch a high-resolution, daily-revisit satellite fleet in 2024.
SatSure raised USD 5 million in Pre-Series A funding earlier in the year.
SatSure and Bellatrix Aerospace plan to have the first satellite of the proposed constellation launched by December 2022.