PlanetIQ
2024 Revenue
$3M
Funding
$0
YOY
38.1%
Team
21
Founded
2012
How PlanetIQ CEO Chris Charles McCormick grew to $3M revenue with a 21 person team in 2024.
Developer of an adaptable on-orbit platform intended to offer weather data for on-the-ground decision making. The company's platform offers a continued stream of GPS-RO data that includes over 8 million observations per day for weather forecasting, climate monitoring and space weather prediction, enabling clients to have improved safety, minimized weather-related risk and protect the bottom line across numerous sectors.
Last updated
PlanetIQ Revenue
In 2024, PlanetIQ's revenue reached $3M. The company previously reported $2.2M in 2023. Since its launch in 2012, PlanetIQ has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | PlanetIQ Hit $3m revenue in October 2024 | |
| 2023 | PlanetIQ Hit $2.2m revenue in October 2023 | |
| 2021 | PlanetIQ Hit $1.7m revenue in April 2021 | |
| 2012 | Launched with $0 revenue |
PlanetIQ Valuation, Funding Rounds
PlanetIQ is a bootstrapped SaaS startup. Founded in 2012, PlanetIQ has grown to $3M in revenue without raising any venture capital or outside funding.
As a self-funded SaaS company, PlanetIQ has built its business with no outside investment.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|
Founder / CEO
Chris Charles McCormick
CEO
Chris McCormick has 30 years of aerospace and communications engineering and management experience. His expertise has been focused on the development of entirely new mission capability, new components, miniaturization, and tightly coupled functions leading to the development of Systems on a Chip for space missions.
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for PlanetIQ yet.
PlanetIQ Employees & Team Size
PlanetIQ employs approximately 21 people as of 2026.
| Year | Milestone |
|---|---|
| 2024 | Reached 21 employees (October 2024) |
| 2023 | Reached 21 employees (October 2023) |
| 2022 | Reached 21 employees (October 2022) |
| 2021 | Reached 20 employees (December 2021) |
| 2021 | Reached 19 employees (April 2021) |
Frequently Asked Questions about PlanetIQ
What is PlanetIQ's revenue?
PlanetIQ generates an estimated $3M in annual revenue.
Who founded PlanetIQ?
PlanetIQ was founded by Chris Charles McCormick.
Who is the CEO of PlanetIQ?
The CEO of PlanetIQ is Chris Charles McCormick.
How much funding does PlanetIQ have?
PlanetIQ is bootstrapped and has not raised outside funding.
How many employees does PlanetIQ have?
PlanetIQ has 21 employees.
Where is PlanetIQ headquarters?
PlanetIQ is headquartered in Golden, Colorado, United States.
Data and Sources
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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