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Provider of geo-spatial systems and asset tracking services.
Last updated
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 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.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|
CEO
CEO, Enterprise Software and SaaS, Geospatial Analytics, Big Data, Industry 4.0, IIoT, Fintech.
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Iqgeo Group serves 50K customers.
Iqgeo Group employs approximately 109 people as of 2026, down from 119 in 2023, including 2 sales reps that carry a quota. It serves 50K customers that rely on its solutions.
Iqgeo Group generates $56.7M in revenue.
Iqgeo Group was founded by Richard Petti.
The CEO of Iqgeo Group is Richard Petti.
Iqgeo Group is bootstrapped and has not raised outside funding.
Iqgeo Group has 109 employees.
Iqgeo Group is headquartered in North Vancouver, British Columbia, Canada.
Iqgeo Group operates across multiple industries. Browse revenue, funding, and growth data for Iqgeo Group in each sector below.
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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2024 Revenue
$56.7M
Customers
50K
Funding
$0
Avg ACV
$1.1K
Team
109
Founded
2002
| Year | Milestone | Source |
|---|---|---|
| 2024 | Iqgeo Group Hit $56.7m revenue in November 2024 | companiesmarketcap.com |
| 2024 | Iqgeo Group Hit $20.7m revenue in October 2024 | Estimated |
| 2023 | Iqgeo Group Hit $7.8m revenue in October 2023 | Estimated |
| 2021 | Iqgeo Group Hit $5.7m revenue in April 2021 | |
| 2002 | Launched with $0 revenue |
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 109 employees (December 2024) | |
| 2024 | Reached 119 employees (October 2024) | |
| 2023 | Reached 119 employees (October 2023) | |
| 2022 | Reached 105 employees (October 2022) | |
| 2021 | Reached 104 employees (December 2021) | |
| 2021 | Reached 79 employees (April 2021) |
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