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Onx Secures $87.4M In Series B Funding

Oct 04, 2022•almost 3 years ago

Amount Raised

$87.4 Million

Round Type

series b

Missoula

Description

onX, a pioneer in outdoor digital navigation, today announced a $87.4M Series B investment. The funding round was led by Summit Partners, which led the company's Series A financing in 2018, and includes participation from Steve Burke's Madison Valley Partners and other existing investors. This growth investment will support onX as the company reimagines the outdoor experience and works to protect the landscapes that host recreational pursuits.

Company Information

Company

onX

Location

Missoula, Montana, United States

About

Founded in 2009, onX is a pioneer in digital outdoor navigation, developing software that helps inform, inspire, and empower outdoor recreationists. onX Hunt, onX Offroad, and onX Backcountry make up the company's suite of apps which are built by explorers for explorers. Because off-the-beaten path experiences are at the heart of what onX does, the company also leads initiatives to protect and expand access to public land and promote stewardship opportunities. Learn more at www.onxmaps.com/about

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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