Looq AI
Looq AI is a technology company.
Financial History
Looq AI has raised $3.0M across 1 funding round.
Frequently Asked Questions
How much funding has Looq AI raised?
Looq AI has raised $3.0M in total across 1 funding round.
Looq AI is a technology company.
Looq AI has raised $3.0M across 1 funding round.
Looq AI has raised $3.0M in total across 1 funding round.
Looq AI is a technology company founded in 2021 that builds the Looq Platform, a handheld, ground-based reality capture system combining innovative camera hardware with intelligent software for survey-grade 3D data collection.[1][2][3][4] It serves engineers, surveyors, utility operators, and infrastructure professionals by solving inefficiencies in traditional field data workflows—such as multiple tools, repeated site visits, and high costs—enabling rapid topographic mapping, asset modeling, risk assessment, and digital twins with measurable efficiency gains, often in days.[1][3][5] The platform supports utilities, energy transmission, engineering projects, and challenging environments like drone-restricted areas, with recent expansions including Trimble Business Center compatibility and global partnerships across North America, Europe, India, and the Middle East, driving growth through user adoption and ecosystem integrations.[1][5][7]
Looq AI was established in 2021 by co-founders Dominique Meyer (CEO) and Alex Grant (Director of Hardware), who intersected camera and software design to address global infrastructure challenges like data accessibility for transparency, efficiency, and safety.[2][4][6] Meyer emphasizes empowering professionals with accurate, efficient tools, while Grant, a robotics expert and two-time BattleBots champion with Team Tantrum, drives precision hardware for reliable performance.[4] The idea emerged from recognizing the need for scalable, ground-based capture to replace fragmented traditional methods, leading to early innovations in photogrammetry and 3D computer vision; pivotal moments include 2025 global partner expansions and Trimble compatibility, with real-world traction like AJ Surveying's 60% faster turnaround and 43% cost reduction on utility projects.[1][5]
Looq AI rides the wave of infrastructure digitization and AI-driven reality capture, capitalizing on rising demands for fast, safe data in utilities, energy grids, and engineering amid aging assets, wildfire risks, and urbanization.[1][5][9] Timing aligns with advancements in GNSS precision, photogrammetry, and open standards, enabling ground-based alternatives to drones in restricted areas while supporting digital twins and grid resilience.[3][5] Market forces like tight project budgets and scalability needs favor its cost-effective approach, influencing the ecosystem by partnering with distributors and tools like Trimble to streamline workflows and empower field crews in sustainable infrastructure management.[1][7]
Looq AI's momentum—fueled by 2025 partnerships, awards like Cool Companies Class of 2025, and user wins—positions it for accelerated global scaling, with upcoming events like the 2026 User Conference signaling deeper community engagement.[7][8] Trends in AI-enhanced geospatial data, underground asset capture, and energy transition will shape its path, potentially expanding to more verticals like renewables and smart cities. Its influence may evolve from niche innovator to ecosystem standard-setter, redefining field data as accessible intelligence that drives safer, faster infrastructure projects worldwide—echoing its mission to modernize reality capture from the ground up.[1][4]
Looq AI has raised $3.0M in total across 1 funding round.
Looq AI's investors include 7BC Venture Capital, Aperture Venture Capital, BootstrapLabs, EVE Atlas, Gaingels, Good Growth Capital, Ingeborg Investments, Revolution, Two Sigma Ventures, Anthony Pompliano, Hoda Eydgahi, Sam Palmisano.
Looq AI has raised $3.0M across 1 funding round. Most recently, it raised $3.0M Seed in February 2024.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Feb 1, 2024 | $3.0M Seed | 7BC Venture Capital, Aperture Venture Capital, BootstrapLabs, EVE Atlas, Gaingels, Good Growth Capital, Ingeborg Investments, Revolution, Two Sigma Ventures, Anthony Pompliano, Hoda Eydgahi, Sam Palmisano, Scot Wingo, Thomas Tull, Will Szczerbiak |