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Ecomap is a technology company.
EcoMap Technologies provides an AI-powered platform for ecosystem builders and economic developers. It maps, organizes, and visualizes resources, events, and opportunities within innovation ecosystems, enhancing accessibility through data and AI. Users leverage it to navigate networks and make strategic growth decisions.
Co-founded by Pava LaPere, Anthony Garay, and Brooke Stephanian, EcoMap emerged from LaPere’s insight as a Johns Hopkins student. She recognized a critical need for accessible, organized entrepreneurial information, leading to its formal establishment in 2018 as TCO Labs, aiming to democratize opportunity.
EcoMap serves diverse clients: economic development organizations, universities, and innovation hubs, helping them cultivate communities. Its vision is to enable leaders to connect, collaborate, and foster stronger, inclusive ecosystems. Stakeholders are empowered with digital infrastructure for entrepreneur-led growth and equitable resource access.
Ecomap has raised $7.0M across 2 funding rounds.
Ecomap has raised $7.0M in total across 2 funding rounds.
EcoMap Technologies is a Baltimore-based technology company founded in 2018 that builds an AI-powered platform called EcoMap to centralize and visualize data for entrepreneurial, economic development, and industry ecosystems.[1][4][6] It serves ecosystem builders like economic developers, universities, municipal governments, entrepreneur support organizations (ESOs), and communities by mapping resources, organizations, events, jobs, and relationships in real time, solving the problem of fragmented hyperlocal information that hinders connectivity, growth, and equitable access to opportunities.[1][2][4] The platform's Ecosystem Intelligence Platform uses AI for personalized guidance via features like Pathways (step-by-step entrepreneur support) and Ecosystem Relationship Manager (ERM) for tracking interactions, fostering collaboration, and delivering actionable insights to accelerate ecosystem growth.[1][4] With $7M in total funding, including a recent round under $5M, and recognition as a 2022 Techstars Equitech Accelerator graduate and Technical.ly RealLIST Startup, EcoMap demonstrates strong momentum in digitizing ecosystems for efficiency and impact.[2][3]
EcoMap Technologies emerged in 2018 in Baltimore, Maryland, amid a push to digitize fragmented entrepreneurial networks, with headquarters initially at 2601 North Howard Street and later at 8 Market Pl Ste 300.[1][3][6] Led by CEO Sherrod Davis, the team includes key executives like CTO Ed Schmalzle (recently appointed VP of Engineering), CMO Heather Fields, COO Smitha Gopal, and specialists in data, engineering, and sales, reflecting a diverse group passionate about local ecosystem building.[3][6] The idea stemmed from recognizing ecosystems as dynamic networks of people, organizations, resources, and businesses lacking centralized tools; early traction came from serving economic development, higher education, and industry sectors, culminating in accelerator graduation and funding to scale AI-driven mapping.[1][2][5] This Baltimore-rooted origin humanizes the company as a local innovator committed to job creation, community support, and transparent information access.[4][6]
EcoMap stands out in the ecosystem intelligence space through these key strengths:
EcoMap rides the AI-driven ecosystem intelligence trend, capitalizing on the explosion of hyperlocal data in entrepreneurial communities amid rising demands for equitable economic development post-pandemic.[1][4] Timing is ideal as municipal governments, universities, and ESOs seek tools to navigate fragmented networks, with market forces like remote collaboration needs and data democratization favoring platforms that turn siloed info into actionable connectivity.[2][4] By powering ecosystems from startups to industries, EcoMap influences the tech landscape by accelerating founder growth, proving network ties drive expansion, and positioning itself as digital infrastructure for sustainable, inclusive communities—much like how mapping tools transformed logistics.[1][3][6]
EcoMap is poised for expansion with recent engineering leadership hires and funding fueling AI enhancements, targeting more sectors like industry-specific ecosystems and global markets beyond Baltimore.[3][6] Trends in AI automation, measurable impact tracking, and collaborative platforms will shape its path, potentially evolving it into the standard for ecosystem orchestration as data volumes grow. Its influence could amplify by partnering with more accelerators and governments, tying back to its core mission of limitless knowledge and networks, empowering entrepreneurs to thrive in thriving communities.[1][4]
Ecomap has raised $7.0M in total across 2 funding rounds.
Ecomap's investors include Tim McLoughlin, Nate Vasel, Chris Cochrane, 2ndF, Conscious Venture Partners, IDEA Fund Partners, TCP Venture Capital, TEDCO, Las Olas Venture Capital.
Ecomap has raised $7.0M across 2 funding rounds. Most recently, it raised $3.5M EcoMap Technologies - Seed in August 2023.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Aug 14, 2023 | $3.5M EcoMap Technologies - Seed | Tim McLoughlin, Nate Vasel | Chris Cochrane, 2ndF, Conscious Venture Partners, IDEA Fund Partners, TCP Venture Capital, TEDCO |
| Jun 13, 2022 | $3.5M EcoMap Technologies - Seed | Las Olas Venture Capital |