
Jeremy Suard, Ido Gonen, and the team at Exodigo, an Israeli underground mapping company , have raised $96M at an $800m valuation (double that of 2 years ago) , in a Series B funding round, to pioneer a new era of underground intelligence and scale the future of AI for megaprojects.
Founders and veteran employees will be cashing out to the time of $15m as part of the deal .
Investors include Square Peg (Philippe Schwartz, Justin Liberman and Paul Bassat) , Zeev Ventures (Peter Thiel ), Greenfield Partners, 10D , Jibe Ventures, Vintage Investment Partners, and Leblon Capital.
What it does
Exodigo has developed a groundbreaking multi-sensor system that scans and maps underground infrastructure with 99% accuracy—without digging. Their cloud-based platform decodes underground data to support on-demand field services, setting a new global standard in 3D underground intelligence.
Trusted by DOTs, utilities, and transit leaders worldwide, Exodigo helps developers and engineers de-risk projects, avoid costly delays, and build safely. Their system detects hidden cables, pipes, and now subsoil layers like clay, rock, and groundwater—critical insights that reduce risk, cost, and construction time.
Exodigo’s two core products—underground utility mapping and geophysical scanning—pave the way for a smart recommendation engine that turns underground data into actionable insights.