Vertiq

Philadelphia, United States Founded: 2016 • Age: 10 yrs
Lightweight integrated motor and propulsion systems are designed and developed.
Annual revenue - Latest available
Total funding $2.9M 4 rounds
Employees - Tracked headcount
Investors 3 Known backers
Products 4 Services tracked
Competitors 9 Brand Intelligence

About Vertiq

Vertiq is a company based in Philadelphia (United States) founded in 2016 by Matthew Piccoli. Vertiq has raised $2.93 million across 4 funding rounds from investors including America’s Seed Fund, Gabriel Investments and HAX. Vertiq offers products and services including 40-06 G2 Module, 60-08 G2 Module, 81-08 G2 Module, and UPF-23-12 Propeller. Vertiq operates in a competitive market with competitors including Greenjets, Jetoptera, HyPoint, Exovolar and LaunchPoint, among others.

  • Headquarter Philadelphia, United States
  • Founders Matthew Piccoli
  • Sectors
    Aerospace, Defense & Maritime
  • Email
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  • Website
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Operational Areas
Aerospace, Defense & Maritime → Aerospace Manufacturing & Engineering Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $2.93 M (USD)

    in 4 rounds

  • Latest Funding Round
    $2.31 M (USD), Seed

    May 02, 2022

  • Investors
  • Employee Count
    Not available
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Products & Services of Vertiq

Vertiq offers a comprehensive portfolio of products and services, including 40-06 G2 Module, 60-08 G2 Module, 81-08 G2 Module, and UPF-23-12 Propeller.

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Primary

High-performance motor for commercial UAS with up to 2,100g thrust.

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Efficient ESC and motor for UAS, supporting up to 6,600g thrust.

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Advanced motor system for defense UAS with maximum 9,000g thrust.

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Propeller designed for integrated UAS systems with specific range.

People of Vertiq

Headcount 10-50
Employee Profiles 9
Employee Profiles
People
Ben Quan
Software Engineer
People
Jon Broome
Co-Founder, CEO
People
Matthew Piccoli
Co-Founder, CTO
People
Wilson Pham
Mechanical Engineer

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Funding Insights of Vertiq

Vertiq has successfully raised a total of $2.93M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $2.31 million completed in May 2022. 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.

Investors in Vertiq

Vertiq has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include America’s Seed Fund, Gabriel Investments and HAX.

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Venture Fund
Investor Description Founded Year Domain Location
Venture capital fund backed by the US Government
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An investment group focused on early-stage technology companies.
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Startups are accelerated via a 111-day program with seed funding.
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Investor details for Vertiq

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Investments & Acquisitions by Vertiq

Investments
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Investment portfolio details for Vertiq

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Financial Statements - Vertiq

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Detailed financials for Vertiq

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Vertiq Comparisons

Vertiq Primary company
Description
Lightweight integrated motor and propulsion systems are desi...
Location
Philadelphia, United States
Founded Year
2016
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Vertiq

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Competitors of Vertiq

Vertiq 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 Greenjets, Jetoptera, HyPoint, Exovolar and LaunchPoint, among others.

Company Name Domain Founded year HQ Location Description
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Quiet, safe electric propulsion systems for aircraft are developed.
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Propulsion and airframe systems are manufactured for UAVs and MAVs.
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Hydrogen fuel cell system
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Flying chassis and engines for drones are manufactured by Exovolar.
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Provider of hybrid electric propulsion systems and modeling software
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Detailed competitors of Vertiq

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Latest news on Vertiq

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Complete news archive for Vertiq

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Frequently Asked Questions about Vertiq

Vertiq was founded in 2016 and raised its 1st funding round 1 year after it was founded.

Vertiq is headquartered in Philadelphia, United States. It is registered at Philadelphia, Pennsylvania, United States.

Vertiq is a funded company, having raised a total of $2.93M across 4 funding rounds to date.

Vertig was founded in 2016 in Philadelphia, United States, with a focus on the aerospace and robotics sectors. Lightweight integrated motor and propulsion systems are designed by the company for applications requiring efficiency and compactness. Operations are centered on engineering and integration of these systems, led by co-founder and CTO Matthew Piccoli. The companys domain, vertiq.co, supports its activities in the United States.

Vertiq's top competitors include Greenjets, Jetoptera and HyPoint.

Vertiq offers 40-06 G2 Module, 60-08 G2 Module, 81-08 G2 Module, and UPF-23-12 Propeller.

Vertiq has 3 investors. Key investors include America’s Seed Fund, Gabriel Investments, and HAX.

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