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Penbaysolutions

Acquired

1 known investors

PenBay Solutions builds GIS-based facility management and space planning software, acquired by Cartegraph in 2020.

Also known as PenBay Solutions Β· PenBay Solutions, LLC

Investors Β· 1

Company profile

researched Aug 2026

PenBay Solutions, LLC is a software development firm based in Portland, Maine that applies geospatial technology and business intelligence to facility management, space planning and public safety. Its InVision software suite addresses the range of facility management needs, from strategic real estate portfolio planning through day-to-day operations, maintenance and security, with the stated aim of helping organizations run cost-effective facility operations and maintain safe and secure built environments.

The company positions itself as extending geospatial capability indoors, and provides services spanning requirements definition, process design and technology implementation for facility challenges at campus, regional and global scale. It is an Esri Gold Partner with more than fifteen years of experience delivering GIS-based implementations across multiple industries. In June 2020 PenBay Solutions was acquired by Cartegraph Systems, Inc., which combined PenBay's location-centric facility management software with Cartegraph's asset, work and resource management platform.

Business model

PenBay licenses its InVision software suite and provides related implementation services β€” requirements definition, process design and technology deployment β€” for facility management, space planning and public safety programs. It is classified under prepackaged software (SIC 7372) and software publishing (NAICS 5112).

Traction

The company reports more than fifteen years of GIS implementation experience across diverse industries and estimated annual revenue of $1M-$10M as of August 2026, with approximately six employees.

Latest developments

Since the June 2020 acquisition by Cartegraph, PenBay's facility management software has been integrated with Cartegraph's asset, work and resource management solutions to form a combined infrastructure management platform, with Esri highlighting new capabilities via the combination of Cartegraph and ArcGIS Indoors.

β–ΈFull profile β€” market position, technology, go-to-market, geography, history

Market position

A small, specialized vendor of GIS-driven facility management and space planning software within the Esri partner ecosystem, serving mid-market facilities, campus environments and government entities; estimated annual revenue is in the $1M-$10M range with a team of roughly six people.

Location-centric, GIS-native approach to indoor facility and space data, backed by Esri Gold Partner status and over fifteen years of GIS implementation experience, combined with a suite spanning portfolio planning through operations, maintenance and security.

Technology

The InVision suite is built around geographic information systems technology, extending geospatial data indoors for facility and space management. The company is an Esri Gold Partner, and post-acquisition its capabilities were positioned alongside Esri ArcGIS Indoors and Cartegraph's Esri-built asset management platform. Its web properties use Mailchimp, Google Fonts API, Twemoji, Modernizr, jQuery, Yoast SEO, Bootstrap and Google Analytics.

Go-to-market

The company sells through direct engagement supported by an Esri partner relationship, and has used channel and delivery partnerships β€” for example teaming with Patrick Engineering in 2018 to deliver facilities GIS solutions. Following the 2020 acquisition, its products are offered in combination with Cartegraph's platform.

Public and private sector organizations that own or operate built environments, including local government agencies, campus and regional facility operators, real estate portfolio managers and public safety organizations.

Geography

Headquartered in Portland, Maine, United States, with operations in North America.

History

Founded in 2010, PenBay Solutions developed the InVision facility management suite and built a long-standing Esri partnership. It released InVision 2018 with a new user experience in March 2018 and partnered with Patrick Engineering that year for facilities GIS delivery. On June 25, 2020 the company was acquired by Cartegraph Systems, Inc., with former CEO Bill Barron becoming Cartegraph's managing director of buildings and infrastructure.

Compiled by commissioned research from 3 cited public sources β€” announcements, filings, and press listed under research sources below.

Key figures

latest reported
Annual revenue (estimated range)Aug 2026$1M - $10M
Employee rangeAug 20262-10
EmployeesAug 20266 people

Company-reported or press-reported figures, each dated to when it was claimed β€” not independently audited.

Timeline Β· 4

launches, deals, and filings
Jun 2020
Cartegraph Systems acquires PenBay Solutions

Cartegraph, a provider of SaaS asset, work and resource management software for local government agencies, acquired facility management and space planning software company PenBay Solutions. Bill Barron, PenBay's former CEO, became Cartegraph's managing director of buildings and infrastructure.

source β†—

Jun 2020
PenBay integrates with Cartegraph

PenBay's location-centric facility management capabilities were combined with Cartegraph's asset, work and resource management solutions to form a comprehensive infrastructure management platform for public and private organizations.

source β†—

Mar 2018
Release of InVision 2018

PenBay Solutions announced the release of InVision 2018, adding functionality and a new user experience for InVision Suite users.

source β†—

Jan 2018
Partnership with Patrick Engineering

PenBay Solutions teamed with Patrick Engineering to deliver complete facilities GIS solutions.

source β†—

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

β–ΈResearch sources Β· 3

primary sources listed

3 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Penbaysolutions do?
PenBay Solutions builds GIS-based facility management and space planning software, acquired by Cartegraph in 2020.
Who are Penbaysolutions's investors?
Penbaysolutions's investors include CEI Ventures.