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GeoComply Solutions Inc.
GeoComply Solutions Inc. was founded in 2011 by David Briggs and Sasha Grib in Vancouver, Canada. The company emerged to solve geolocation fraud and compliance...
GeoComply Solutions Inc.
GeoComply Solutions Inc. was founded in 2011 by David Briggs and Sasha Grib in Vancouver, Canada. The company emerged to solve geolocation fraud and compliance challenges in the emerging regulated US online gambling market post-2018, after the Supreme Court overturned PASPA. Briggs and Grib built the platform from scratch, focusing on accuracy and latency. The company's primary product, GeoComply GeoGate, performs real-time geolocation verification using Wi-Fi, IP, and GPS signals, cross-referencing against a global database of 2 billion geocoded points. GeoComply serves major operators like FanDuel, DraftKings, and BetMGM across North America (US, Canada) and Europe (UK). The platform also extends to media streaming (e.g., detecting VPN users for geo-restricted content) and fintech KYC checks. In 2022, GeoComply announced it had processed over 10 billion verifications cumulatively and reported over 60% market share in the US regulated online sports betting and iGaming market (per company communications, 2022). GeoComply operates as a private company backed by institutional investors: in 2018, the firm raised a growth round from CIBC Innovation Banking (formerly Wellington Financial) and other investors. The company maintains offices in Vancouver (HQ), New York, London, Ho Chi Minh City, and Kyiv, employing roughly 400 staff as of 2023. In 2023, GeoComply launched a new fraud-detection product line GeoComply Edge, expanding beyond gambling compliance into broader digital identity and fraud prevention (per press release, 2023). GeoComply's structural differentiator lies in its regulatory moat: the company operates as the de facto geolocation standard for US online gambling, where its platform is mandated by many state regulators. This creates a high barrier to entry — gaming operators cannot easily switch providers without regulatory re-approval. The company is not a standard cybersecurity vendor but a compliance infrastructure layer, with a business model tied to legal gambling expansion.
General information
Firm type
Software Development
Year founded
2011
AUM
Undisclosed
Location
Region
North America
Country
Canada
City
Vancouver
Corporate office
Vancouver, British Columbia, Canada
Additional offices
New York, United States · London, United Kingdom · Ho Chi Minh City, Vietnam · Kyiv, Ukraine
Principals
David Briggs
Co-founder and CEO
Sasha Grib
Co-founder and CPO
Sector focus
Frequently asked questions
What does GeoComply actually do?
GeoComply provides real-time geolocation verification software. Its core product GeoGate uses Wi-Fi, IP, GPS, and cell tower data to verify a user's precise location within a few meters. This is used primarily by online gambling operators to prove a user is physically inside a state or country where betting is legal, and by media companies to enforce geographic content restrictions (like checking for VPN use).
Who are GeoComply's main customers?
GeoComply serves the largest US online sports betting and iGaming operators, including FanDuel, DraftKings, BetMGM, and Caesars Entertainment. It also works with media streaming platforms, such as Netflix and Amazon Prime, to enforce geo-restrictions. The company claims over 400 customers globally (per company website).
How does GeoComply make money?
GeoComply charges per-verification fees on a subscription or volume basis. Each time a user logs into a gambling app in a regulated market, GeoComply processes a location check and bills the operator. This creates recurring revenue tied to user engagement, not just license fees.
Who are the founders and what is their background?
GeoComply was co-founded in 2011 by David Briggs (CEO) and Sasha Grib (CPO). Briggs previously worked in network security and founded a earlier company called Nexopia. Grib had a background in mobile app development. The company was initially bootstrapped before raising venture debt from CIBC Innovation Banking in 2018.
Is GeoComply a cybersecurity company?
GeoComply is primarily a compliance and fraud-prevention technology company, not a general cybersecurity firm. Its core function is verifying location, not securing networks or endpoints. However, its newer GeoComply Edge product moves into device fingerprinting and identity fraud detection, blurring the line into cybersecurity.
What are GeoComply's main competitors?
GeoComply's primary competitor is Near (formerly PlaceIQ) and other location-based verification platforms. In the regulated gambling space, the company holds a dominant market share (over 60%) and faces limited direct competition because many state regulators explicitly require GeoComply-grade verification. Smaller competitors include Yoti and Onfido for identity verification, but they don't specialize in geolocation.
Does GeoComply have any ties to a family office?
GeoComply is a private enterprise software company with institutional investors, not a family office or asset manager. It has no disclosed family office affiliation or wealth origin beyond its founders' entrepreneurial backgrounds.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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