About Psionic
Psionic is a company based in Hampton (United States) founded in 2016 by Steve Sandford. It operates as a Technology-as-a-Service, and Professional Services. Psionic has raised $20.58 million across 8 funding rounds from investors including 757 Angels. The company has 33 employees as of December 31, 2021. Psionic offers products and services including SurePath™ and PSNDL. Psionic operates in a competitive market with competitors including AEye, Orolia, Jeppesen, Scientific Systems and Shadin, among others.
- Headquarter Hampton, United States
- Employees 33 as on 31 Dec, 2021
- Founders Steve Sandford
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Sectors
Aerospace, Defense & Maritime
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Email
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Phone
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Website
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Social
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- Legal Name Psionic Llc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$20.58 M (USD)
in 8 rounds
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Latest Funding Round
$509.04 K (USD), Series A
May 23, 2025
- Investors
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Employee Count
33
as on Dec 31, 2021
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Products & Services of Psionic
Psionic offers a comprehensive portfolio of products and services, including SurePath™ and PSNDL. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Accurate 3D navigation data for GPS-denied environments provided.
Doppler Lidar ensures precise navigation for space missions.
Funding Insights of Psionic
Psionic has successfully raised a total of $20.58M across 8 strategic funding rounds. The most recent funding activity was a Series A round of $509.04 thousand completed in May 2025. 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 8
- Last Round Series A — $509,041
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First Round
First Round
(09 Feb 2018)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| May, 2025 | Amount | Series A - Psionic | Valuation |
investors |
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| Jun, 2024 | Amount | Series A - Psionic | Valuation |
investors |
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| Nov, 2020 | Amount | Seed - Psionic | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Psionic
Psionic has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include 757 Angels. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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High-growth startups in Virginia are funded by 757 Angels.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Psionic
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Psionic
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Psionic Comparisons
Competitors of Psionic
Psionic 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 AEye, Orolia, Jeppesen, Scientific Systems and Shadin, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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AI and cloud-enabled solutions for automotive sensors are provided.
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Positioning and navigation solutions are provided for aerospace applications.
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Navigation charts for commercial aviation are provided by Jeppesen.
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| domain | founded_year | HQ Location |
Non-GPS navigation platforms are developed for aerial and maritime applications.
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Provider of avionics monitoring solutions
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Psionic
Frequently Asked Questions about Psionic
When was Psionic founded?
Psionic was founded in 2016 and raised its 1st funding round 2 years after it was founded.
Where is Psionic located?
Psionic is headquartered in Hampton, United States. It is registered at Hampton, Virginia, United States.
Who is the current CEO of Psionic?
Steve Sandford is the current CEO of Psionic. They have also founded this company.
Is Psionic a funded company?
Psionic is a funded company, having raised a total of $20.58M across 8 funding rounds to date. The company's 1st funding round was a Seed of $500K, raised on Feb 09, 2018.
How many employees does Psionic have?
As of Dec 31, 2021, the latest employee count at Psionic is 33.
What does Psionic do?
Advanced navigation systems for land, air, and space vehicles are provided by Psionic. Solutions are designed for GPS-denied and contested environments, serving commercial, defense, and space sectors. Proprietary technology, including SurePath and PSNDL, is utilized to ensure precise velocity and position data. Integration into existing systems is facilitated, supporting autonomous operations across diverse applications. Innovation from NASA research is leveraged to address vulnerabilities in traditional navigation infrastructures.
Who are the top competitors of Psionic?
Psionic's top competitors include AEye, Scientific Systems and Jeppesen.
What products or services does Psionic offer?
Psionic offers SurePath™ and PSNDL.
Who are Psionic's investors?
Psionic has 1 investor. Key investors include 757 Angels.
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