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Missoula-based onXmaps Bags $20.3M In Funding For Mobile, Outdoors Maps

February 15, 2018View for printing

Missoula, Montana-based onXmaps , which develops mobile apps which provide maps for hunters and other outdoor recreation, has raised $20.3M in a funding round.

The funding was led by Summit Partners, and also includes Bessemer Venture Partners, Millennium Technology Value Partners, Next Frontier Capital and Steve Burke (CEO NBCUniversal).

onX is led by CEO Eric Siegfried. The company is best known for its onX HUNT mobile app, which is used by hunters for off-the-grid navigation. The company also is targeting people looking for places to camp, fish, walk land ownership boundaries, and more with its app.

As part of the funding, Greg Goldfarb of Summit Partners has joined the company's board of directors. onX's apps add another layer of information to online maps, adding information on boundaries of public and private land, camping sites, trails, and more which are not found on maps from Google, Bing, and others.


Montana Career Opportunities - Mobile Software Developer, Senior Software Engineer - Map Services, GIS Technician, Financial Planning and Analysis Analyst and more... - onXmaps


onXMaps, Next Frontier Capital's 12th investment

NFC is pleased to announce that Fund II is now an investor in onXMaps, provider of the onX HUNT mobile app and industry leader in mobile mapping technology for outdoor adventurers.

The round is being led by Summit Partners; other co-investors include Millennium Technology Value Partners, Bessemer Venture Partners, and Steve Burke, CEO of NBCUniversal.

Founded in 2007, by Montana native Eric Siegfried, onX’s application allows hunters, with other verticals nascent, to go off the grid, where Google Maps stops, with knowledge of property boundaries, hunting district data, geographic features, roads and trails, waypoints, and much more. The founding vision was to help public land hunters navigate the checkerboard public-private boundaries common in the Rocky Mountain West.

Since then, the product has expanded nationally resonating with thousands of customers looking to research, plan, and execute backcountry trips. See overview video of solution. By way of metaphor, the product’s appeal is like that of Waze, a GPS enabled app that drives value from users adding metadata to inform navigational choices. Over the last two years, Yellowstone Growth Partners, a consultancy led by three RightNow senior executives, has worked with Eric to move from a GPS chip-centric business to a mobile-first solution, which required a Bozeman-based development team, a replatforming of the technology, and the development of a technical and operating foundation on which to grow.

onX offers the Fund exposure to a high quality, Missoula and Bozeman-based investment with strong customer metrics, industry-leading brand, history of profitable, capital efficient revenue growth, and an application with hundreds of thousands paid users.

Will Price
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