# Ada IQ funding: rounds and investors

> Ada IQ has raised $275K across 1 round since 2024. Investors include Small Business Innovation Research. Every round with its source.

Source: https://millionrounds.com/company/ada-iq (Millionrounds; every figure on the page links to its filing or article)

United States · [Funded startup](https://millionrounds.com/companies)

# Who invested in *Ada IQ*

One round we have observed, with the one investor named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

AI

Funding summary Updated 26 Oct 2026

**$275K** raised across 1 round since 2024, from 1 source

- **Latest round:** Grant, $275K May 2024
- **Investors:** 1

See who backed them

## The rounds

- **May 2024** Grant **$275K** [Small Business Innovation Research](https://millionrounds.com/fund/small-business-innovation-research) Source recorded

## Founders and team

From Ada IQ's own website: 1 founder, 3 on the team.

**Tucker Marion** Co-Founder

- **Tim Penasack** Chief Executive Officer
- **Erik Holm** Chief Product Officer
- **Ryan Bruggeman** Head of Data Science

## Everyone who backed them

[Small Business Innovation Research](https://millionrounds.com/fund/small-business-innovation-research) Government **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=ada-iq).

## Quick answers about Ada IQ

### Who invested in Ada IQ?

Ada IQ's investors include Small Business Innovation Research.

### How much has Ada IQ raised?

Ada IQ has raised $275K across 1 round since 2024.

### When did Ada IQ last raise?

Ada IQ's most recent round was a Grant of $275K in May 2024.

### What was Ada IQ's biggest round?

Its most recent round, $275K in May 2024, is also its largest on record.

### Who backed Ada IQ first?

Ada IQ's first round on record, in May 2024, was backed by Small Business Innovation Research.

### What stage is Ada IQ at?

Ada IQ's latest named round is a Grant, in May 2024.

### Where is Ada IQ based?

Ada IQ is based in the United States.

## Companies like Ada IQ

In the same sector, and raised in the last eighteen months.

[**SpaceX** $42B · Oct 2026](https://millionrounds.com/company/spacex)[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**Albert Invent** $20M · Oct 2026](https://millionrounds.com/company/albert-invent)[**FORT Robotics** $39M · Oct 2026](https://millionrounds.com/company/fort-robotics)[**Pika** $216M · Oct 2026](https://millionrounds.com/company/pika)[**Vertical Semiconductor** $84M · Oct 2026](https://millionrounds.com/company/vertical-semiconductor)

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