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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
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.
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 | Source |
|---|
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.
| Question | Answer |
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| What's your age? | - |
| Favorite online tool? | - |
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| Advice for 20 year old self | - |
We do not have customer count information for PlanetIQ yet.
PlanetIQ employs approximately 21 people as of 2026.
PlanetIQ generates an estimated $3M in annual revenue.
PlanetIQ was founded by Chris Charles McCormick.
The CEO of PlanetIQ is Chris Charles McCormick.
PlanetIQ is bootstrapped and has not raised outside funding.
PlanetIQ has 21 employees.
PlanetIQ is headquartered in Golden, Colorado, United States.
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
$3M(Est.)
Funding
$0
Team
21
Founded
2012
| Year | Milestone | Source |
|---|---|---|
| 2024 | PlanetIQ Hit $3m revenue in October 2024 | Estimated |
| 2023 | PlanetIQ Hit $2.2m revenue in October 2023 | Estimated |
| 2021 | PlanetIQ Hit $1.7m revenue in April 2021 | |
| 2012 | Launched with $0 revenue |
| Year | Milestone | Source |
|---|---|---|
| 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) |
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