Nearmap (officially Nearmap Pty Ltd)

Information Acquired

Risk Selection & Underwriting, Claims & Fraud, Property Intelligence, Computer Vision, Geospatial AI, Portfolio Risk Management

Claim Profile Website ↗

Founded 2007 (Perth, Western Australia; founded by Stuart Nixon)

HQ Sydney, New South Wales, Australia (North American HQ: Salt Lake City / Lehi, Utah, USA)

Employees ~469–508 (Source: PitchBook / RocketReach, 2025)

Last Round Early funding / ASX listing

About

Provides AI-powered property intelligence derived from proprietary high-resolution aerial imagery to support insurance underwriting, claims, and portfolio risk management across the P&C policy lifecycle.

Last Round

Early funding / ASX listing · Various

GRAIN Score

Independent vendor assessment

73/100

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Revenue / ARR

$7M revenue increase from identifying 80,000 undisclosed pools across ~1M properties (2019–2021)

Funding History

Round	Amount	Date	Lead
Strategic Acquisition (itel)	>$1.3B (estimated)	May 2025	—
Strategic Acquisition (Betterview)	Not disclosed	~2023	—
Buyout/LBO	AUD $1.055B (~US$730M)	Dec 15, 2022	—
Post-IPO Equity	$15M	Jan 4, 2017	—
Early funding / ASX listing	Various	2007–2012	—