Company Overview
Snapshot
Founded in February 2013 by Lauren Guy, ASTERRA operates with 51–200 employees. The company has raised $9.1M across 4 funding rounds from 3 investors. In March 2021, ASTERRA received funding from investors including Beringea and Maverick Ventures Israel.
Business overview
ASTERRA provides geospatial data-driven platform solutions for water utilities, government agencies, and infrastructure sectors like roads, rails, dams, and mines. The company leverages L-band synthetic aperture radar (SAR) data, transforming it into decision support tools through proprietary algorithms and AI integration. Operating in over 64 countries, ASTERRA's solutions contribute to water conservation, carbon emission reduction, and energy savings, aligning with United Nations Sustainable Development Goals. Its core products include Recover, EarthWorks, and MasterPlan, serving municipalities, water utilities, and the mining industry.
Strategic signal
In April 2024, ASTERRA launched its first-ever API for commercial L-band SAR analytics, a move that significantly broadens the accessibility and application of its geospatial data. This development is a strong signal to investors and innovation teams, indicating a strategic shift towards an open platform model that can accelerate adoption across Earth Observation and GIS-based ecosystems, potentially driving new revenue streams and market penetration.
Log in to access full profile ›Company Intelligence Q&A
- What is ASTERRA's primary focus?
- ASTERRA focuses on providing satellite-based infrastructure intelligence, utilizing L-band synthetic aperture radar (SAR) data and AI to offer geospatial data-driven platform solutions for water utilities, government agencies, and infrastructure sectors.
- When was ASTERRA founded and by whom?
- ASTERRA was founded in February 2013 by Lauren Guy.
- What was a key product development for ASTERRA in April 2024?
- In April 2024, ASTERRA launched its first-ever API for commercial L-band SAR analytics, aiming to expand the reach and application of its geospatial data.
- What was a significant partnership update for ASTERRA in April 2024?
- In April 2024, SUEZ extended its partnership with ASTERRA, indicating continued collaboration in leveraging ASTERRA's solutions.
- What is ASTERRA's impact on sustainability?
- ASTERRA's solutions have contributed to saving over 368 million gallons of potable water, reducing carbon dioxide emissions by 235,520 metric tons, and conserving 920,000 MWH of energy, aligning with the United Nations Sustainable Development Goals.