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Top 7 Geofencing Software Companies Under $1M Revenue (September 2026)

As of September 2026, Latka tracks 7 geofencing software companies under $1M in annual revenue. They have combined revenues of $3.2M and employ 38 people. They serve 800 customers combined.

Every company below sells geofencing software to other businesses and is ranked by its most recent annual revenue. Revenue, funding, headcount and customer figures come from CEO interviews on the Latka podcast, public company filings, and Latka estimates where a company has not disclosed a number.

What Geofencing Software Companies do

Geofencing software is a location-based technology that creates virtual boundaries around specific geographic areas. When a device enters or exits these boundaries, the software can trigger various actions such as notifications, advertisements, or other forms of interaction. This technology primarily utilizes GPS, Wi-Fi, and cellular data to determine the location of users, allowing businesses to engage with them based on their geographic position.

Companies
7
Revenue
$3.2M
Funding
-
Employees
38

Filters

Sorting: Highest -> Lowest

Filters

Top Geofencing Software Companies Under $1M Revenue

Showing 7 of 7 companies ranked by annual revenue.

1SpaceSense logo
SpaceSense

Paris, Île-de-France, France

SpaceSense is a technology company helping organizations build geospatial AI solutions simpler. We provide an AI toolbox designed to help geospatial data scientists and developers build AI solutions faster, easier and at scale. Our toolbox empowers you to reduce the time to market for new products, helps your teams be more productive and simplifies the usage of complex data by delegating the most painful tasks around AI and geospatial data to the toolbox. Thanks to our python library interface connected with our cloud infrastructure, you can integrate our toolbox in minutes while still processing continent-scale projects. To build geospatial solutions at scale, please visit our website.

Revenue
$880K
Year founded
2019
Team size
8
2Exelor logo
Exelor

Kharkiv, Ukraine

Exelor is an app developing firm that offers services for SaaS, geographic information system, insurance and healthcare.

Revenue
$663.4K
Customers
100
Year founded
2019
Team size
5
3Geocodio logo
Geocodio

Arlington, Virginia, United States

Hassle-free geocoding and data matching. Geocodio has easy-to-use tools like spreadsheet upload and an API, friendly restriction-free terms of use, affordable pay-as-you-go pricing with a generous free tier, and various solutions for high-volume needs. Save time by appending other data points you need, like Congressional districts and timezones. Try it out today -- the first 2,500 address lookups per day are free, no credit card required. (Note: Geocodio only supports US and Canadian addresses at this time.)

Revenue
$550K
Year founded
2014
Team size
5
4IPGeolocation.io logo
IPGeolocation.io

Lahore, Punjab, Pakistan

At IPGeolocation.io, our goal is to empower internet connected devices and web with IP Intelligence. We provide country, city, state / province, currency, timezone, language, organization information and much more from an IP address. This IP intelligence information helps: 1. Websites provide personalized contents to the visitors. 2. Helps merchants prevent credit card frauds to avoid heavy chargebacks. 3. Helps media companies to achieve better compliance by geofencing their contents. 4. Helps advertisers to geotarget their ads. 5. Helps gaming companies to enhance players'​ experience by connecting them locally. There are endless possibilities with the amount of information our APIs provide. For more information, visit https://ipgeolocation.io For queries, contact [email protected]

Revenue
$440K
Customers
700
Year founded
2018
Team size
4
5TIVEA logo
TIVEA

Porto Alegre, Rio Grande do Sul, Brazil

TIVEA is a development company that offers Web 2.0, geolocation, mobile, and geo-marketing services.

Revenue
$258.1K
Year founded
2011
Team size
9
6OpenCage GmbH logo
OpenCage GmbH

United States

We provide a highly available, easy-to-use, forward and reverse geocoding API. Key benfits of our service are: * Worldwide coverage and built using open data, which means much more flexibility with what you can do with the data. * Affordable, predictable pricing with the most generous terms in the industry (no surprise pricing due to unexpected usage). * A generous free trial so you can test thoroughly, and SDKs for over 20 programming languages so you can get started very quickly. * Our redundant EU data centers ensure we're highly reliable, but also that we are fully GDPR compliant. Most of our customers are from the vehicle tracking, IoT, and data processing industries. Typically we can cut their bill by 50+% when they switch to us from one of the large, proprietary geocoding services (Google, etc). Please contact us today if you have any geocoding needs.

Revenue
$220K
Year founded
2015
Team size
2
7PRANAGEO logo
PRANAGEO

Bodrum, Turkey

Provider of research and development software packages for geospatial IT projects. The company develops a spectral data analysis software that stores and analyzes the spectral, temporal and spatial attributes of measurement data It also offers a software that provides routines for modeling, mapping, graphing ocean color in-situ and satellite data.

Revenue
$163.3K
Year founded
2016
Team size
5

Frequently asked questions about Geofencing Software Companies Under $1M Revenue

How many geofencing software companies under $1M in annual revenue are there?

Latka tracks 7 geofencing software companies under $1M in annual revenue. Together they generate $3.2M in annual revenue and employ 38 people.

Which geofencing software company under $1M in annual revenue is the largest?

SpaceSense is the largest, with $880K in annual revenue, founded in 2019.

How much revenue does a typical geofencing software company under $1M in annual revenue make?

The average geofencing software company in this list makes $453.5K a year, across 7 companies with reported revenue. They serve 800 customers combined.

Who are the leading Geofencing software vendors under $1M in annual revenue?

Ranked by annual revenue, the leaders are SpaceSense, Exelor, Geocodio, IPGeolocation.io and TIVEA.

Related Development Software categories

Inclusion Criteria

- Must provide location-based targeting features using GPS, Wi-Fi, or cellular data. - Should enable automated notifications or actions when users enter or exit defined geofences. - Must support integration with marketing tools for targeted campaigns. - Should offer analytics and reporting capabilities to measure engagement and effectiveness. - Not just focused on advertising; must also cater to use cases such as logistics or security. - Must be accessible through various devices, including mobile and desktop platforms.