onX Announces Strategic Investment from TCV to Drive Next Phase of Growth and Outdoor Innovation

MISSOULA, Mont., Nov. 3, 2025 — onX, a pioneer in digital outdoor navigation and mapping software, today announced a strategic investment from TCV, a leading growth equity firm known for supporting enduring consumer technology brands. The partnership brings additional operational expertise and long-term support as onX continues to scale its suite of adventure-specific navigation apps and redefine the outdoor experience. The company’s existing investors, including Summit Partners, Madison Valley Partners, and onX founder Eric Siegfried, will remain active board members.

Founded in 2009, onX develops mapping and navigation technology trusted by millions of hunters, off-roaders, hikers, anglers, backcountry skiers and other outdoor enthusiasts. With a mission to “awaken the adventurer in everyone,” onX has built tools for exploration that offer adventure-specific features and detail-rich terrain visualizations to guide users every step of the way.

“At onX, we are constantly reimagining how people experience the outdoors as we expand into new verticals, introduce innovative products, and invest in the team and technology that fuel our growth,” said onX CEO Laura Orvidas. “Over the last three years, onX has nearly tripled its ARR and become the most trusted digital guide for adventurers nationwide. Partnering with TCV and drawing on their experience scaling iconic tech companies like Netflix, Strava, and Spotify will help accelerate our momentum as we continue to deliver more meaningful and immersive experiences.”

In addition to TCV, onX welcomes Cross Creek as a new investor supporting the company’s mission and continued expansion in the outdoor technology industry.

For more than a decade, onX has led the outdoor navigation space by creating products that empower recreationists to explore and steward new landscapes. Recent innovations include cellular trail camera integration for real-time wildlife glimpses; simplified terrain risk visualizations for backcountry skiers via an Avalanche Terrain Exposure Scale; the Recent Imagery feature, which provides satellite imagery updates; a Dispersed Camping layer to identify remote camping opportunities; proprietary navigation tools such as Route Builder to chart custom routes across remote terrain; and onX Fish to help anglers discover and plan time on the water.

“I have been using onX for years, primarily to hunt public lands and backcountry ski across the western U.S.,” said TCV General Partner and new onX board member Woody Marshall. “I’ve experienced firsthand how indispensable their product is and how it fuels a deeper connection to the outdoors. The onX team is tuned into their customers’ needs, and each tool is built to solve real outdoor challenges. As a result, they’re on an impressive growth trajectory, and TCV is excited to partner with them for this next phase of innovation and expansion.”

“Since Summit’s investment in 2018, we’ve had a front-row seat to onX’s evolution from a category pioneer to a market-defining brand in outdoor technology,” said Summit Partners Managing Director and onX board member Colin Mistele. “We’ve been continually impressed by the team’s customer focus, commitment to innovation, and impressive, profitable growth. We’re proud to continue our partnership and excited to welcome TCV as onX builds on this momentum and takes on its next adventure.”

About onX
Founded in 2009, onX is a pioneer in digital outdoor navigation, developing software that helps inform, inspire, and empower outdoor recreationists. onX Hunt, onX Offroad, onX Backcountry, and onX Fish make up the company’s suite of apps and are built by explorers for explorers. Because off-the-beaten-path experiences are central to onX, the company also leads initiatives to protect and expand access to public land. Since 2018, onX has worked with partners to secure and improve public land access through funding and by supporting key legislation with data analysis and research. Learn more at https://www.onxmaps.com/onx-access-initiatives.

About TCV
TCV is an investment firm focused on global, category-defining technology companies. Leveraging deep industry expertise and strategic resources, TCV provides long-term capital and support to high-quality management teams across their growth journey. Since 1995, TCV has invested approximately $20 billion in more than 350 technology companies worldwide and supported over 150 IPOs and strategic acquisitions. TCV has offices in Menlo Park, New York, and London. For more information, visit https://www.tcv.com.

About Summit Partners
Summit Partners is a growth-focused investment firm that has invested in more than 550 companies across technology, healthcare and other growth industries since its founding in 1984. Summit maintains offices in North America and Europe and seeks to invest in category-leading, profitable growth companies worldwide. For more information, visit https://www.summitpartners.com.

Source: onX