About PlanetiQ
PlanetiQ is an Aerospace, Defense & Maritime company based in Golden (United States) founded in 2012 by Chris Charles McCormick and Robert Kursinski. Real-time atmospheric data is gathered via micro-satellites for weather forecasting. It operates on a Data-as-a-Service and Professional Services model in Aerospace, Defense & Maritime and Technology sectors. PlanetiQ has raised $26.19 million across 4 funding rounds from investors including Access Venture Partners, New Science Ventures and AV8 Ventures. Its chief executive, as recorded, is Ira Scharf. PlanetiQ offers products and services including GPS-RO Data and AI Insights. Its focus areas include Aerospace, Satellite Data Services, Weather Technology and Forecasting Solutions. Its competitors include Planet, Spire and Capella Space; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Golden, United States
- Founders Chris Charles McCormick, Robert Kursinski
- SectorsAerospace, Defense & MaritimeTechnology
- Email••••••••
- Website planetiq.com
- Social LinkedIn
- Total Equity Funding$26.19M (USD)
in 4 rounds
- Latest Funding Round$3.31M (USD), Series B
Jan 2023
- InvestorsAccess Venture Partners
& 9 more
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.
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 $26.19M
- Total Rounds 4
- Last Round Series B — $3.31M
- First Round $18.7M
(Jul 2019)
- Investors Count 10
All 4 funding rounds of PlanetiQ with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2023 | $3.31M | Series B | – | – | – |
| Sep 2022 | $1.22M | Series B | – | – | – |
| Apr 2022 | $2.97M | Series B | – | – | – |
| Jul 2019 | $18.7M | Series B | – | New Science Ventures, AV8 Ventures |
10 investors in total: 10 institutional.
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 |
|---|---|---|---|---|
US focused early to expansion stage VC firm | accessvp.com | Westminster, United States | ||
Early, mid, and late-stage investments are made in science sectors. | newscienceventures.com | New York, United States | ||
Early-stage startups are supported by AV8 Ventures through investments. | 2021 | av8.vc | Palo Alto, United States | |
Venture capital funding is offered by Valo Ventures. | valoventures.org | San Francisco, United States | ||
| kodemgrowth.com | ||||
Early-stage tech investments are made in US-based companies. | serviceprovidercapital.com | Golden, United States | ||
Life Science & Tech focused pre seed, seed & early stage VC investment firm in the US | hemisphere.com | Seattle, United States | ||
Seed-stage tech startups founded by veterans are funded. | moonshotscapital.com | Los Angeles, United States | ||
Early stage investments are made by VTC Ventures. | vtcventures.com | United States | ||
Offers comprehensive consultancy, asset management, governance, and training services for financial clients. | earthinvestment.co.ke | Nairobi, Kenya |
Investor details for PlanetiQ
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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People of PlanetiQ
8 people are tracked at PlanetiQ (6 in leadership, 2 in team).
| Name | Role | Group |
|---|---|---|
Chris Charles McCormick | Co-Founder | Leadership |
Robert Kursinski | Co-Founder | Leadership |
Ira Scharf | CEO | Leadership |
Paul McGaugh | Vice President of Hardware Engineering | Leadership |
Jonathan Brandmeyer | Vice President of Software Engineering | Leadership |
Donny Pattullo | Vice President Of Business Development | Leadership |
Cameron Dotts | Embedded Software Engineer | Team |
Ashley Henry | Controller | Team |
Complete people profiles for PlanetiQ
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of PlanetiQ
3 dated milestones of PlanetiQ across 11 years, from founding to its latest funding, stage changes and deals.
- Founded PlanetiQ is founded.
- Funding First funding round of $18.7M.
- Funding Latest funding round, Series B, of $3.3M.
Competitors of PlanetiQ
PlanetiQ has 3 listed competitors in our database, 3 of them funded. They include Planet, Spire and Capella Space.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| planet.com | 2010 | San Francisco, United States | $601.59M | 1,180 | Cloud-based satellite imagery data and analytics solutions are provided. | |
| spire.com | 2012 | San Francisco, United States | $272.59M | 447 | Cloud, AI, and satellite-based data analytics solutions are developed. | |
| capellaspace.com | 2016 | Palo Alto, United States | $233.99M | 191 | Satellite-based imaging solutions are provided using synthetic aperture radar. |
Detailed competitors of PlanetiQ
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of PlanetiQ
The website of PlanetiQ (planetiq.com) receives about 2.1K visits a month.
- Monthly visits2.1K
▲ 54.1% vs previous month
Top companies in Space Research & Technology
3 companies that operate in the same segment as PlanetiQ (Space Research & Technology) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based satellite imagery data and analytics solutions are provided. | 2010 | San Francisco, California, United States | USD 601.59 M | USD 307.73 M | 1,749 | |
Astra is engaged in providing space launch services. | 2016 | Alameda, California, United States | USD 136.93 M | |||
Reusable launch vehicles for large payloads are developed and launched. | 2002 | Hawthorne, California, United States | USD 11.86 B | USD 18.67 B | 20,833 |
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Related news about Planetiq
Complete news archive for PlanetiQ
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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 CEO of PlanetiQ, as recorded in our data.
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 $18.7M, raised on Jul 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 Spire.
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.