Ed Iacobucci, the former founder and CEO of Citrix and a software industry veteran decided to evolve his passion for aviation. En-route, he assembled a group of versatile and diverse software professionals and mathematicians that developed a sophisticated platform, providing an extremely efficient solution for managing an on-demand air taxi service. The core components of the technology were a state-of-the-art operations management system and an integrated resource scheduling system.
When market conditions became more challenging in 2008, a group of investors lead by GTD Capital and United Technologies identified the opportunity to take the original software solution, and the value it provided, to other business aviation operators and into other vertical markets, which resulted in the founding of BoldIQ in September of 2008.
In 2010, the company moved its headquarters and major development and support operations to Seattle, Washington. BoldIQ has a development center in Charlotte NC as well as customer success operations in Kansas City and Orange County, CA.
Over the course of the first six years of operations, BoldIQ productized its technology and acquired its first six business aviation customers in the USA and Europe. In 2014, the company signed an agreement with Jeppesen (a Boeing Company) to distribute its Astro Operations Manager and the Solver Realtime Resources Scheduling products in the Business Aviation market. At the same time, the company acquired its first customers in the transportation, mobile workforce, utilities and distribution markets.