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2024 Revenue

$56.7M

Customers

50K

Funding

$0

YOY

630%

Avg ACV

$1.1K

Team

109

Founded

2002

How Iqgeo Group CEO Richard Petti grew Iqgeo Group to $56.7M revenue and 50K customers in 2024.

Provider of geo-spatial systems and asset tracking services.

Last updated

Iqgeo Group Revenue

In 2024, Iqgeo Group's revenue reached $56.7M. The company previously reported $20.7M in 2024. Since its launch in 2002, Iqgeo Group has shown consistent revenue growth.

Iqgeo Group Revenue GrowthReported revenue / ARR by year$0$13M$25M$38M$50M$63M200220042006200820102012201420162018202020222024$0$6M$57MSource: GetLatka.com
YearMilestone
2024Iqgeo Group Hit $56.7m revenue in November 2024Source
2024Iqgeo Group Hit $20.7m revenue in October 2024
2023Iqgeo Group Hit $7.8m revenue in October 2023
2021Iqgeo Group Hit $5.7m revenue in April 2021
2002Launched with $0 revenue

Iqgeo Group Valuation, Funding Rounds

Iqgeo Group is a bootstrapped Other IoT Software startup. Founded in 2002, Iqgeo Group has grown to $56.7M in revenue without raising any venture capital or outside funding.

As a self-funded Other IoT Software SaaS company, Iqgeo Group has built its business with no outside investment.

Iqgeo Group Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$120022002 cumulative: $0 • 2002 Founded: $02002 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold

Iqgeo Group Employees & Team Size

Iqgeo Group employs approximately 109 people as of 2026, down from 119 in 2023.

Iqgeo Group has 109 total employees in different roles and functions and 2 sales reps that carry a quota. They have 50K customers that rely on the company's solutions.

Iqgeo Group Team GrowthReported headcount over time025507510012520022004200620082010201220142016201820202022202400109109Source: GetLatka.com
YearMilestone
2024Reached 109 employees (December 2024)
2024Reached 119 employees (October 2024)
2023Reached 119 employees (October 2023)
2022Reached 105 employees (October 2022)
2021Reached 104 employees (December 2021)
2021Reached 79 employees (April 2021)

Founder / CEO

Richard Petti

CEO, Enterprise Software and SaaS, Geospatial Analytics, Big Data, Industry 4.0, IIoT, Fintech.

Q&A

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Customers

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Frequently Asked Questions about Iqgeo Group

What is Iqgeo Group's revenue?

Iqgeo Group generates $56.7M in revenue.

Who founded Iqgeo Group?

Iqgeo Group was founded by Richard Petti.

Who is the CEO of Iqgeo Group?

The CEO of Iqgeo Group is Richard Petti.

How much funding does Iqgeo Group have?

Iqgeo Group raised $0.

How many employees does Iqgeo Group have?

Iqgeo Group has 109 employees.

Where is Iqgeo Group headquarters?

Iqgeo Group is headquartered in North Vancouver, British Columbia, Canada.

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Compare Iqgeo Group to the industry

Iqgeo Group operates across multiple industries. Browse revenue, funding, and growth data for Iqgeo Group in each sector below.

Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .

Iqgeo Group Revenue 2024: $56.7M ARR (Bootstrapped)