LightBox, a platform powering location intelligence for the commercial real estate (CRE), lending and infrastructure industries, announced the acquisition of UrbanFootprint, a pioneer in geospatial analytics and scenario-based modeling for infrastructure investment, climate risk and community resilience.
The acquisition expands LightBox’s data portfolio with UrbanFootprint’s nationally modeled layers including demographics, land use, environmental hazards, infrastructure and social-equity indicators. This move also adds UrbanFootprint’s experienced product, engineering and customer-success teams, including founder and CEO Joe DiStefano.
“Our customers are navigating increasingly complex, high-stakes decisions about where to invest, build and mitigate risk,” said Caroline Stoll, general manager of data and analytics at LightBox. “By integrating UrbanFootprint’s powerful data assets and scenario-modeling capabilities, decision-makers can see not only what’s on a site today but how climate, demographic and infrastructure forces may reshape it tomorrow.”
Over the coming months, LightBox will weave UrbanFootprint’s models and data across its platform, enhancing site intelligence, underwriting analytics and property-level benchmarking for customers in real estate, finance, infrastructure and government.
“LightBox’s mission to connect commercial real estate through real-time intelligence reflects the vision we built at UrbanFootprint,” said DiStefano, CEO of UrbanFootprint. “I’m excited to help carry that vision forward as part of the LightBox platform.”
LightBox will continue to support UrbanFootprint’s utility, finance, and government clients while introducing new opportunities across its expanding platform.
