LandGate Company Profile

Background

Mission and Vision

LandGate's mission is to digitize U.S. energy and infrastructure, providing the best data, analytics, and an online marketplace to accelerate development and lower investment costs. Its vision is to digitize the world's energy and infrastructure and merge it with real estate, creating "The New Real Estate."

Primary Area of Focus and Industry Significance

Founded in 2016 in Denver, Colorado, LandGate operates as a data intelligence platform and online marketplace for commercial land and its associated resources, including solar, wind, minerals, water, and carbon offsets. The company serves investors, developers, real estate professionals, and property owners by providing data solutions for site selection, development, financing, and market analysis of U.S. energy and infrastructure projects. LandGate's platform connects stakeholders in the commercial real estate and energy sectors, facilitating transactions related to land, data centers, energy storage, solar, wind, carbon, minerals, and water.

Key Strategic Focus

Core Objectives

LandGate aims to streamline the process of valuing and exchanging land resources, thereby enhancing efficiency and transparency in the market. By providing comprehensive data and analytics, the company seeks to empower stakeholders to make informed decisions and accelerate the development of energy and infrastructure projects.

Specific Areas of Specialization

The company specializes in the following areas:

Data Centers: Offering data solutions for site selection and development.

Solar Energy: Providing analytics and marketplace services for solar projects.

Battery Energy Storage Systems (BESS): Supporting the development and financing of energy storage solutions.

Wind Energy: Delivering data and marketplace services for wind energy projects.

Traditional Energy: Offering solutions for conventional energy projects.

Carbon Capture and Storage (CCS): Providing data and analytics for carbon capture initiatives.

Key Technologies Utilized

LandGate employs proprietary algorithms and data analytics to provide valuations and risk assessments for various land resources, such as solar lease payments, farm lease values, and carbon credit potential. The platform integrates data from multiple sources to offer comprehensive insights into land and resource values.

Primary Markets or Conditions Targeted

The company's primary markets include the United States, focusing on commercial real estate and energy sectors. LandGate targets conditions that require efficient site selection, development, and financing of energy and infrastructure projects, particularly in renewable energy and carbon capture initiatives.

Financials and Funding

Funding History

As of May 2022, LandGate has raised a total of $19 million in debt and equity. This includes a Series A funding round in 2019 from Rice Investment Group, a widely respected energy technology investor, and a Series B funding round in 2022 led by a subsidiary of NextEra Energy Resources, with participation from private equity firm Kimmeridge.

Total Funds Raised

The total funds raised amount to $19 million.

Specifics of Recent Funding Rounds

Series A (2019): Led by Rice Investment Group.

Series B (2022): Led by a subsidiary of NextEra Energy Resources, with participation from Kimmeridge.

Notable Investors

Notable investors include Rice Investment Group, NextEra Energy Resources, and Kimmeridge.

Intended Utilization of Capital

The capital raised is intended to enhance LandGate's product suite, with a particular focus on solutions catering to financial institutions. The funding will also support the expansion of marketing and sales efforts to increase market penetration across the country.

Pipeline Development

As a data intelligence platform and online marketplace, LandGate's pipeline development focuses on expanding its database of land resources and enhancing its analytical tools. The company continually updates its platform to provide accurate valuations and insights for various land resources, including solar, wind, minerals, water, and carbon offsets. Specific timelines for anticipated milestones are not publicly disclosed.

Technological Platform and Innovation

Proprietary Technologies

LandGate utilizes proprietary algorithms and data analytics to provide valuations and risk assessments for various land resources. The platform integrates data from multiple sources to offer comprehensive insights into land and resource values.

Significant Scientific Methods

The company employs advanced data analytics and proprietary algorithms to assess the value and potential of land resources. This includes evaluating solar lease payments, farm lease values, and carbon credit potential.

Leadership Team

Key Executive Profiles

Yoann Hispa: CEO and Co-Founder. Yoann has a background in energy and technology, with experience in renewable energy development and data analytics.

Craig Kaiser: President and Co-Founder. Craig has expertise in energy and natural resources, including experience in mining and exploration firms.

Dan McCue: Co-Founder. Dan has a background in technology and data analytics, with experience in developing data-driven solutions for various industries.

Key Contributions or Roles Within the Company

The leadership team is responsible for driving LandGate's mission to digitize U.S. energy and infrastructure, overseeing the development of its data intelligence platform, and expanding its marketplace for land resources.

Competitor Profile

Market Insights and Dynamics

The market for land resource data and online marketplaces is growing, driven by the increasing need for efficient site selection, development, and financing of energy and infrastructure projects. Stakeholders seek comprehensive data solutions to make informed decisions and accelerate project development.

Competitor Analysis

Key competitors include:

CoreLogic: A global property information, analytics, and data-enabled solutions provider.

Reonomy: A commercial real estate data and analytics platform.

Land.com: A network of land-focused real estate websites.

These competitors offer various data solutions and marketplaces for land resources, each with unique features and services.

Strategic Collaborations and Partnerships

Significant Collaborations

National Land Realty (NLR): In August 2020, LandGate partnered with NLR to create a leading land marketplace platform, combining LandGate's data intelligence with NLR's nationwide network of real estate agents.

CoreLogic: In March 2024, LandGate announced a strategic alliance with CoreLogic to enhance real estate and energy analytics, combining LandGate's data solutions with CoreLogic's property data and insights.

Strategic Opportunities and Future Directions

LandGate continues to expand its partnerships and enhance its platform to provide comprehensive data solutions for land resources. The company focuses on integrating real estate and energy data to offer valuable insights for stakeholders in the commercial real estate and energy sectors.