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LightBox Acquires BuildingFootprintUSA™, Enhancing Industry Leading Location Intelligence Datasets

February 1, 2021
By: Jason Holte

Today, LightBox announced that it has acquired BuildingFootprintUSA™, the leading provider of building and structure boundaries for location analytics. With this acquisition, building footprints data is immediately available to all of its customers. 

By acquiring BuildingFootprintUSA, LightBox is creating the industry’s only fully-integrated parcel, building structure, and property attribute datasets for comprehensive location intelligence, encompassing commercial real estate, routing & logistics, telecommunications, insurance markets, and the broader geospatial ecosystem.

“This acquisition demonstrates our ongoing commitment to innovation that serves the commercial real estate ecosystem. We’re looking to replace existing information silos with industry standard linked datasets. Our parcels and property data will now be integrated with rooftop-level geocodes, addresses, and boundaries,” said LightBox CEO, Eric Frank. “We strongly believe the future is one of connected datasets and we want to drive this change for the commercial real estate industry in the US and Canada.”

Founded in 2016 in Albany, NY, BuildingFootprintUSA provides highly precise location data to facilitate accurate site selection, routing, spatial analysis, and data visualization for customers in commercial real estate, telecommunications, insurance, and mapping solutions. Customers leverage building geometry, height, and ground elevation data to assist in determining potential flood risks, expanding broadband connectivity, policy planning for safety and security, and broader geospatial analytics.

“By joining LightBox, we now have the opportunity to deliver and grow our solutions to a larger portion of the CRE market across the U.S. and Canada,” said Karl Urich, founder and president of BuildingFootprintUSA. “We aspire to create the most accurate boundary, address, and geocoding dataset by combining our datasets with LightBox,” he continued.

For more information on this exciting acquisition, read the full press release here. To learn how you can leverage these solutions, visit lightboxre.com/products/building-footprints/.