Name

Theorem Geo

Legal name

Theorem Geo, Inc.

Website

https://theoremgeo.com

Company type

Private

Founded year

2015

Operating status

Acquired

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Geospatial Analytics Software

NAICS

Geophysical Surveying and Mapping Services (54136), Surveying and Mapping (except Geophysical) Services (54137)

SIC

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

akta.pro primary industry

GIS & Spatial Data Management Platforms (BPAMANAK)

akta.pro secondary industries

Geospatial Data Management & Enterprise GIS (Geodatabases, Web GIS, Spatial Analytics) (EUAHAKAC), Fleet, Asset Tracking & Telematics Location Platforms (BPAMANAF), Remote Sensing & Earth Observation Analytics (Satellite/UAV/LiDAR, Image Processing) (EUAHAKAD)

Keywords

• Geospatial analytics software
• Utility asset inspection
• Vegetation management services
• Aerial flight route optimization
• Regulatory compliance mapping

Headquarters

HQ city

Charlotte

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. CartoVid SaaS Platform: Cloud-based SaaS software providing data analytics and AI capabilities for geospatial video and image analysis. Revenue generated through software subscriptions with access to the platform for storing, organizing, viewing, and analyzing GPS-enabled videos, photos, and LiDAR data.
2. Professional Services: Geospatial consulting services including FERC Recreation Management Plans, Design & Construction Support, Landscape Architecture, Terrain Hazard Mapping, Outage Analytics, Inspection Completion Analysis, UAV Operations & Dispatching Management, Ground Patrol Data Collection, Landing Zone Analyses, FERC Hydro Compliance, Matting Estimates, Custom Mapping Solutions, Herbicide Acreage Estimates, Parcel Acquisition Support, and Helicopter Damage Points analysis.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels4 records

Core offering

Theorem Geo sells the CartoVid cloud-based data analytics and AI platform that ingests GPS-enabled video, images, and LiDAR data to support asset inspection, vegetation management, regulatory compliance, and emergency preparedness for utility and infrastructure customers. The platform is paired with geospatial professional services including Flight Route Optimization, Terrain Hazard Mapping, Outage Analytics, FERC Hydro Compliance, and Wildfire and Flood Risk Notification Systems, sold primarily to large Investor Owned Utilities.

Product overview

Theorem Geo offers a unified platform-plus-services architecture centered on CartoVid, a cloud-based data analytics and AI platform for GPS-enabled video and image analysis. The core CartoVid platform integrates with ESRI and ArcGIS tools to enable asset inspection, vegetation management, emergency preparedness, and regulatory compliance. Additional value is delivered through professional services including Flight Route Optimization, Terrain Hazard Mapping, Outage Analytics, FERC Hydro Compliance, Wildfire Risk Notification System, and Flood Risk Notification System. The company was acquired by SAM (the nation's leading provider of Managed Geospatial Services) and serves investor-owned utilities, transportation, and broader infrastructure markets.

Differentiator

Problem solved

Functional benefit

Brands

• CartoVid: Data analytics and AI platform that enables capture of video and images, data analysis, and delivery of insights for asset management, vegetation management, emergency response, and regulatory compliance.

Products and services

• CartoVid Cloud-based SaaS data analytics and AI platform that ingests GPS-enabled video, images, and LiDAR data to support asset inspection, rights-of-way and vegetation management, safety and situational awareness, storm damage assessment, and regulatory compliance for utility and infrastructure operators.
• Flight Route Optimization Service that generates aerial patrol routes optimized for cost, time efficiency, and safety using a proprietary algorithm and network analysis routing solutions, with results centralized for utilities to reduce fuel and labor costs.
• Outage Analytics Forensic analytics service with a map-based dashboard that spatially displays exact outage locations and total outage counts on power lines, exposing problematic areas through cluster analysis.
• Terrain Hazard Mapping Analytics service that analyzes rights-of-way for terrain hazards including ditches, creeks, slopes, and sinkholes to ensure field personnel and contractor safety.
• Inspection Completion Analysis Map visualization service showing structures needing ground or aerial inspection, supporting inspection planning and NERC compliance reporting based on structures and flight track analysis.
• Wildfire Risk Notification System (WRNS) Web mapping application that assesses wildfire risk to assets using wind direction, soil moisture, land cover, fire history, and remotely sensed hot spots, with an alerting system for wildfire threat.
• Flood Risk Notification System
• FERC Hydro Compliance Services Compliance services including lake management obligations, shoreline management plan GIS mapping, lake level impact analysis, reservoir volumetric analysis, and vegetation detection for FERC-regulated hydro operations.
• UAV Operations & Dispatching Management Service for managing unmanned aerial vehicle operations, including route optimization, dispatching, and coordination to enable cost-effective aerial inspections.
• Ground Patrol Data Collection Mobile mapping project on the ArcGIS Collector platform enabling fieldworkers to conduct ground line inspections of transmission assets and report findings to derive work orders.
• Helicopter Damage Points (ESRI Explorer) Aerial patrol service using the ESRI Explorer platform that enables line workers and foresters to collect point data on transmission network defects during helicopter flights.
• Professional Services Geospatial consulting services including technical writing, conceptual design, base mapping, AutoCAD, landscape architecture, and custom mapping solution integrations for utility and infrastructure customers.

Quantifiable outcome

• Reduced costs on fuel and employee time through optimized flight routes
• +2 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration7 records

AI capability9 records

Feature6 records

Partnerships

Four partnerships are on record, tiered core and flagship.

• Google Cloud PlatformcoreTechnology or IntegrationTheorem Geo deploys its proprietary technology platforms on Google Cloud Platform to deliver scalable, secure, and advanced solutions. The CartoVid SaaS software operates within the Google Cloud environment, enabling data analytics and AI capabilities for geospatial video and image analysis.
• MicrosoftcoreTechnology or IntegrationMicrosoft is listed as a leading technology provider partner enabling Theorem Geo to deliver advanced, scalable, and secure solutions for organizations of all sizes.
• ESRIcoreTechnology or IntegrationESRI is a leading technology provider partner. Theorem Geo's solutions integrate with ESRI's GIS platforms, including the ESRI Explorer platform used for aerial patrol data collection and the Collector platform for ground patrol projects. The company provides GIS-based mapping services integrated with ESRI technology.
• SAM (Strategic Alliance Management)flagshipStrategic or Co-development PartnerTheorem Geo Engineering has been acquired by SAM, the nation's leading provider of Managed Geospatial Services across utility, transportation, and broader infrastructure markets. This represents a significant strategic acquisition where Theorem Geo becomes part of SAM's operations, combining Theorem Geo's data analytics and AI platform capabilities with SAM's managed geospatial services expertise.

Scale indicators1 record

Recent moves6 records

Expansion highlights5 records

Direct peers

• SAM (Strategic Alliance Management): Theorem Geo's parent company and the nation's leading provider of Managed Geospatial Services across utility, transportation, and broader infrastructure markets. Directly comparable because SAM delivers geospatial services to the same IOU customers and now houses Theorem Geo's CartoVid platform within its offering.
• NV5 Global: Provider of geospatial, engineering, and infrastructure analytics services, including aerial inspection and asset management for utilities. Comparable as a direct peer offering managed geospatial services and inspection analytics to the same IOU and infrastructure customers.
• EagleView (Pictometry): Provider of high-resolution aerial imagery, LiDAR, and analytics used for infrastructure and utility inspection. Comparable as a direct peer offering aerial data capture and analytics for asset management and vegetation management at IOUs.
• Sharper Shape: Provider of drone-based inspection and analytics services for utilities, including vegetation management and transmission line inspection. Comparable as a direct peer using UAVs and AI to automate the same utility inspection workflows Theorem Geo serves with CartoVid.
• Cyient: Engineering and geospatial services firm serving utilities, transportation, and infrastructure with mapping, inspection, and asset management solutions. Comparable as a direct peer providing geospatial data analytics and professional services to the same IOU buyer base.
• GeoDigital: Provider of aerial LiDAR and geospatial analytics for utility transmission and distribution asset management. Comparable as a direct peer focused on LiDAR-based inspection and vegetation management for IOUs.

Broad incumbents

• ESRI: Dominant enterprise GIS platform provider whose ArcGIS suite (Explorer, Collector) Theorem Geo integrates with for ground and aerial patrol data collection. Comparable as the incumbent geospatial data backbone that utilities standardize on, and a potential competitor if ESRI expands its own AI inspection modules.
• Trimble: Large geospatial and infrastructure technology vendor with deep utility and asset-management offerings. Comparable as a broad incumbent that bundles mapping, asset inspection, and analytics for utilities and transportation — the same buyer Theorem Geo targets.

Emerging players

• PrecisionHawk: Drone analytics and aerial intelligence platform with utility-focused inspection offerings. Comparable as an emerging player applying AI to UAV-captured imagery for asset and infrastructure inspection at electric utilities.
• DroneDeploy: Cloud-based drone mapping and inspection platform used across construction, infrastructure, and utilities. Comparable as an emerging player providing AI-enabled aerial data capture and analytics that increasingly compete for utility inspection budgets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/TheoremGeo

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

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 Theorem Geo