AiDash Named a “Soonicorn” in Tracxn’s 2023 Emerging Startups for Geographic Information Systems
AiDash earns its place in Tracxn’s select list of most attractive GIS startups
AiDash, a leading provider of vegetation management and other satellite- and AI-powered operations, maintenance, and sustainability solutions, has been recognized as a “Soonicorn” by research firm Tracxn in its 2023 evaluations of startups in the geographic information systems sector.
As part of its analysis, Tracxn considered a detailed analysis of market size, investment by marquee investors, execution excellence, and future growth prospects. Then, it categorized the companies on three levels — Unicorn, Soonicorn, and Minicorn — and selected the most promising startups for its Tracxn Emerging Awards.
Soonicorns are those startups, such as AiDash, that Tracxn sees as having the potential to reach Unicorn level — the $1B mark in valuation. Tracxn describes Soonicorns as “the handful of highly valued startups which have successfully grown out of their nascency to attract valuations of over a few hundred million.”
AiDash’s inclusion in the Emerging Startups of Geographic Information Systems as a Soonicorn reflects Tracxn’s recognition of AiDash as a top tech startup in geographic information systems.
“We are thrilled that Traxcn has recognized our work and potential within the GIS sector,” said Abhishek Singh, co-founder and CEO of AiDash. “To be listed in the company of the most promising startups around the world who are leading this industry is an honor.”
The GIS sector has more than 4,200 startups and is one of the most active sectors for investors.