Korem

What Korem does

Korem is a Canadian geospatial solutions aggregator and integrator that has operated since 1993, providing enterprises with consolidated access to geospatial data, GIS software, and location intelligence services. The company positions itself as a "one-stop shop," combining expert advisory services with third-party geospatial data and technology from providers including HERE Technologies, Precisely, Google, CARTO, Alteryx, CoreLogic, Environics Analytics, Lightbox, ReportAll, and Foursquare. Its headquarters are in Quebec City, Canada, with a US office in Greenwood Village, Colorado, and it employs 51-100 people.

The product portfolio spans geospatial data products (address, boundaries, consumer, demographic, mobility, points of interest, property, and street data), geospatial technology (geocoding, address validation, routing and navigation, analytics and data science, data integration, and GIS and mapping), and professional services (data consulting, contract advisory, data analytics and AI, data as a service, system integration, and managed services). Korem serves enterprise customers across banking and financial services, insurance, retail and fuel retail, telecommunications, transportation and logistics, utilities, and commercial real estate. Named enterprise customers include Shell, AT&T, Prologis, Nationex, eDriving, US Cellular, Atmos Energy, and Dun & Bradstreet.

Korem generates revenue through recurring subscriptions for geospatial data and software, professional services fees, and data-as-a-service offerings, with quote-based custom enterprise pricing on annual contracts. Distribution relies on direct enterprise sales supplemented by its technology partner network and an online shop. The company holds ISO 27001 information security certification and 2024 Ecovadis sustainability certification.

Name

Korem

Legal name

Korem

Website

https://korem.com

Company type

Private

Founded year

1993

Operating status

Operating

Headcount range

51–100 employees

Short description

Korem is a Canadian geospatial solutions integrator and reseller, founded in 1993, offering enterprise customers aggregated access to geospatial data, GIS technology, and consulting services across banking, insurance, telecom, retail, transportation, and utilities sectors.

Ownership category

akta.pro rank

Product category

Geospatial Data and GIS Solutions

NAICS

Computer Systems Design and Related Services (54151), Custom Computer Programming Services (541511), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (51821), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518210)

SIC

Services-Computer Programming, Data Processing, Etc. (7370), Services-Management Consulting Services (8742)

akta.pro primary industry

GIS & Spatial Data Management Platforms (BPAMANAK)

akta.pro secondary industries

Location Intelligence, Analytics & Geospatial BI (BPAMANAE), Geospatial BI & Location Analytics (HDAEAMAK), POI, Local Listings & Business Directory Platforms (BPAMANAD), Environmental Data Integration, ETL & Interoperability (APIs, Standards, Data Pipelines) (EUAHAKAB), Alternative Data Providers (Web, Satellite, Geolocation, ESG Signals) (FSAFAIAH)

Keywords

• Geospatial data
• GIS solutions
• Location intelligence
• Geospatial consulting
• Mapping software

Headquarters

HQ city

Quebec

HQ country

Canada

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Geospatial Data Products: Sale of geospatial data products including address data, boundaries, consumer data, demographics, mobility data, POI data, property data, and street data from partners like HERE, Precisely, and CoreLogic.
2. Software and Technology Solutions: Licensing and sale of geospatial software including GIS platforms, geocoding tools, routing engines, and analytics solutions from technology partners.
3. Professional Services and Consulting: Geospatial consulting services including data consulting, contract advisory, data analytics, system integration, managed services, and training.
4. Data as a Service (DaaS): Subscription-based access to curated geospatial datasets delivered through cloud platforms.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels9 records

Core offering

Korem operates as a geospatial one-stop shop, providing enterprises with curated geospatial data products (address, boundaries, consumer, demographic, mobility, points of interest, property, and street data) and geospatial technology (geocoding, routing, GIS/mapping, address validation, analytics, and data integration) sourced from leading providers including HERE, Precisely, Google, CARTO, and CoreLogic. The company complements these products with professional services such as data consulting, system integration, managed services, training, and Data as a Service (DaaS) to help organizations across banking, insurance, retail, telecom, transportation, utilities, and real estate extract value from location intelligence.

Product overview

Korem operates as a geospatial solutions aggregator and integrator, offering a one-stop shop that combines expert advisory services with geospatial data and technology from multiple third-party providers. The portfolio consists of: (1) Geospatial Data products including Address, Boundaries, Consumer, Demographic, Mobility, Point of Interest (POI), Property, and Street data; (2) Geospatial Technology products including Address Autocomplete, Address Validation, Analytics and Data Science, Data Integration, Geocoding, GIS and Mapping, and Routing and Navigation; (3) Geospatial Services including Data Consulting, Contract Advisory, Data as a Service (DaaS), System Integration, and Managed Services; (4) Assessment and Training offerings including Geospatial Health Assessment, Location Analytics Pilot, MapInfo Training, and Geospatial Data Exploration. Products are sourced from partners including HERE Technologies, Precisely, Google, CARTO, Alteryx, Environics Analytics, Lightbox, ReportAll, and CoreLogic.

Differentiator

Problem solved

Functional benefit

Quantifiable outcome

• Reduced routing times by over two-thirds for transportation customer (Nationex)

Named customers9 records

Segments7 records

Ideal customer profiles7 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

AI capability1 record

Feature5 records

Partnerships

Eight partnerships are on record, tiered core and strategic.

• HERE TechnologiescoreTechnology or IntegrationStrategic partnership where Korem serves as a reseller and integration partner for HERE location platform. HERE provides mapping data, routing, navigation, and location services. Korem offers HERE data samples, implementation support, and integration with enterprise systems. HERE Maps are used in over 150 million vehicles globally.
• PreciselycoreTechnology or IntegrationLong-standing partnership since 1993 with Precisely for geospatial solutions. Korem resells Precisely's data integrity, geocoding, address validation, and enrichment products. Partnership includes specialized connectors for ArcGIS and other enterprise platforms.
• GooglecoreTechnology or IntegrationKorem is a Google partner providing access to Google Maps APIs and location services. Google offers an intuitive application with rich data including over 100 million points of interest worldwide.
• CARTOstrategicTechnology or IntegrationPartnership with CARTO providing cloud-based geolocation platform capabilities. CARTO gives data scientists tools to perform large-scale spatial analysis, integrated through Korem's services.
• AlteryxstrategicTechnology or IntegrationPartnership with Alteryx for analytics automation. Korem provides integration and support for Alteryx solutions that automate and simplify data preparation, blending, and analytics.
• SnowflakestrategicTechnology or IntegrationIntegration partnership enabling geospatial data delivery within Snowflake's cloud data platform. Korem provides connectors for MapInfo Pro to Snowflake and supports geospatial data enrichment in Snowflake environments.
• CoreLogicstrategicTechnology or IntegrationPartnership providing CoreLogic parcel data through Korem. CoreLogic offers near real-time updates to parcel databases ensuring completeness and accuracy for property-related geospatial analysis.
• Environics AnalyticsstrategicTechnology or IntegrationPartnership with Environics Analytics, Canada's premier data and analytics company. Provides demographic and segmentation data for consumer and market analysis integrated through Korem's offerings.

Scale indicators2 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• Esri: Esri is the dominant GIS platform vendor (ArcGIS) and Korem explicitly integrates with ArcGIS via Precisely's geocoding connector. They are direct ecosystem counterparts serving the same enterprise GIS buyer with overlapping data and analytics capabilities.
• Google Maps Platform: Google Maps Platform is a Korem partner but also a broad incumbent selling geocoding, routing, and Places APIs directly to enterprises, often displacing channel aggregators on price and scale.
• Pitney Bowes: Pitney Bowes offers location intelligence, geocoding, and data quality products serving insurance, financial services, and government—directly overlapping with Korem's insurance and banking verticals.

Direct peers

• Precisely: Precisely is both a core Korem partner since 1993 and a direct competitor in data integrity, geocoding, and address validation. The companies overlap on address/POI enrichment products sold into the same enterprise base.
• HERE Technologies: HERE is a strategic Korem partner and a direct competitor selling mapping, geocoding, routing, and location data. HERE's maps power 150M+ vehicles and the company maintains its own enterprise sales motion that competes with Korem.
• Mapbox: Mapbox provides a developer-focused location platform with maps, geocoding, routing, and navigation APIs, competing directly with Korem's routing/geocoding stack for enterprise and mid-market buyers.
• CARTO: CARTO is a Korem partner and a direct competitor in cloud-native spatial analytics and location intelligence. Both target data scientists and enterprise analysts for large-scale geospatial visualization and analysis.
• Foursquare: Foursquare provides POI, places, and mobility data as well as location-based analytics, overlapping with Korem's POI and mobility data offerings for retail, real estate, and advertising use cases.
• TomTom: TomTom provides maps, traffic, and location data products with direct enterprise sales, competing with HERE/Precisely and by extension with Korem in transportation, logistics, and automotive segments.

Emerging players

• Caliper Corporation: Caliper is the creator of Maptitude and a long-standing MapInfo Pro reseller, making it a niche competitor to Korem in desktop GIS and mapping software for enterprise and government customers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCcYC4XaK-td5DtAVe_1gK6A
• Facebookfacebook.com/korem.geospatial
• LinkedInlinkedin.com/company/korem
• Xx.com/koremgeospatial

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Korem