Vital Capital has made a strategic investment in Vastpoint, a pioneering land
management and geospatial solutions company, to help scale its efforts in
transforming how land is owned, managed, and used in some of the world’s most
vulnerable regions.
Vastpoint delivers land administration and advanced GIS technologies to support
governments and communities across Africa, Asia, and Latin America creating more
transparent, inclusive, and effective land systems and increasing property tax
collection. According to the 2024 Prindex Report, 23% of adults across 108 countries
feel insecure about their property or land rights; an increase of 239 million adults
over the past four years [1].
“From advancing food security and poverty reduction to enabling sustainable
urbanization and climate resilience, secure land tenure underpins a wide range of
global development goals,” said Tamar Pashtan, Vital’s Head of Impact. “With most
of the world’s population lacking secure land and property rights, Vastpoint is
tackling one of the most fundamental – and overlooked – development challenges of
our time.”
To date the company has impacted over three million people, issued more than
820,000 land titles, and provided training for more than 20,000 individuals. With
World Bank data [2] from 53 countries showing that over 70% of women do not own
any land, Vastpoint’s focus on gender equity is especially critical: more than half of
its land titles benefit women as owners or co-owners.
“Vastpoint is a perfect example of how technology, innovation, and strategic
investment can come together to address systemic development challenges,” said
Nimrod Gerber, Managing Partner at Vital Capital. “By improving land security, we’re
not only empowering communities, we’re laying the groundwork for long-term
prosperity and resilience.”
Vital’s investment follows an initial engagement that included seeding Vastpoint’s
initial project, overseeing a successful proof-of-concept. This de-risking approach is
core to Vital’s “build and re-build” strategy, which focuses on transforming greenfield
projects into scalable, high-impact and high-performing businesses. In addition, Vital
has helped to advance its mission of addressing six distinct impact objectives,
including sustainable infrastructure, climate resiliency, and economic empowerment.
Through this latest investment, Vital will partner with Vastpoint’s management to
accelerate the company’s expansion and bring first-time land ownership to millions
more people in some of the world’s least developed countries. Like all companies in Vital Capital’s portfolio, Vastpoint is designed to deliver market-rate returns alongside
measurable social impact.
Visit the Vastpoint website for more information: https://vastpoint.com/
