About PlanetiQ
PlanetiQ is a company based in Golden (United States) founded in 2012 by Chris Charles McCormick and Robert Kursinski. It operates as a Data-as-a-Service and Professional Services. PlanetiQ has raised $26.19 million across 4 funding rounds from investors including Access Venture Partners, New Science Ventures and AV8 Ventures. PlanetiQ offers products and services including GPS-RO Data and AI Insights. PlanetiQ operates in a competitive market with competitors including Planet, Spire, Capella Space, Descartes Labs and ICEYE, among others.
- Headquarter Golden, United States
- Founders Chris Charles McCormick, Robert Kursinski
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Sectors
Aerospace, Defense & MaritimeTechnology
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$26.19 M (USD)
in 4 rounds
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Latest Funding Round
$3.31 M (USD), Series B
Jan 30, 2023
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Investors
Access Venture Partners
& 9 more
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Employee Count
Employee Count
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Products & Services of PlanetiQ
PlanetiQ offers a comprehensive portfolio of products and services, including GPS-RO Data and AI Insights.
High-resolution weather data is provided for accurate forecasting.
AI-driven insights are delivered for mission-critical decision-making.
People of PlanetiQ
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Software Development Team
3 people
Leadership Team
1 people
Sales and Marketing
1 people
Controller Team
1 people
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Funding Insights of PlanetiQ
PlanetiQ has successfully raised a total of $26.19M across 4 strategic funding rounds. The most recent funding activity was a Series B round of $3.31 million completed in January 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Series B — $3.3M
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First Round
First Round
(10 Jul 2019)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jan, 2023 | Amount | Series B - PlanetiQ | Valuation |
investors |
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| Sep, 2022 | Amount | Series B - PlanetiQ | Valuation |
investors |
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| Apr, 2022 | Amount | Series B - PlanetiQ | Valuation |
investors |
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Investors in PlanetiQ
PlanetiQ has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include Access Venture Partners, New Science Ventures and AV8 Ventures.
| Investor | Description | Founded Year | Domain | Location |
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US focused early to expansion stage VC firm
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Early, mid, and late-stage investments are made in science sectors.
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Founded Year | Domain | Location | |
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Early-stage startups are supported by AV8 Ventures through investments.
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Founded Year | Domain | Location |
Investments & Acquisitions by PlanetiQ
Financial Statements - PlanetiQ
Planetiq Comparisons
Competitors of PlanetiQ
PlanetiQ operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Planet, Spire, Capella Space, Descartes Labs and ICEYE, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Cloud-based satellite imagery data and analytics solutions are provided.
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Cloud, AI, and satellite-based data analytics solutions are developed.
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| domain | founded_year | HQ Location |
Satellite-based imaging solutions are provided using synthetic aperture radar.
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| domain | founded_year | HQ Location |
Earth satellite imagery solutions are provided for monitoring applications.
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| domain | founded_year | HQ Location |
AI and microsatellite-based imaging solutions are developed for data monitoring.
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| domain | founded_year | HQ Location |
Satellite solutions for space debris removal are developed.
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Frequently Asked Questions about PlanetiQ
PlanetiQ was founded in 2012 and raised its 1st funding round 7 years after it was founded.
PlanetiQ is headquartered in Golden, United States. It is registered at Golden, Colorado, United States.
Ira Scharf is the current CEO of PlanetiQ.
PlanetiQ is a funded company, having raised a total of $26.19M across 4 funding rounds to date. The company's 1st funding round was a Series B of $2.97M, raised on Jul 10, 2019.
PlanetiQ is focused on delivering mission-critical global GPS-RO weather data and AI-driven insights. Operations span multiple sectors including government, defense, aviation, energy, agriculture, and insurance. High-resolution atmospheric data is provided to improve forecasting precision and support decision-making. Solutions are tailored for industries facing weather-related challenges, ensuring safety and operational efficiency. Partnerships with entities like NOAA and the U.S. military are maintained to enhance weather research and mission success.
PlanetiQ's top competitors include Planet, Capella Space and ICEYE.
PlanetiQ offers GPS-RO Data and AI Insights.
PlanetiQ has 10 investors. Key investors include Access Venture Partners, New Science Ventures, AV8 Ventures, Valo Ventures, and Kodem Growth Partners.