Logik.io Raises $25 Million in Series B
Logik.io, a Deerfield, IL-based AI-enabled CPQ solutions provider, has raised $25 million in Series B funding.
Logik.io, a Deerfield, IL-based AI-enabled CPQ solutions provider, has raised $25 million in Series B funding.
Investors
Existing investors, including Emergence Capital, High Alpha, ServiceNow Ventures, Salesforce Ventures, and GoBig Ventures, returned, with Permanent Capital joining as a new investor.
Logik.io Use of Funds
The funds will fuel Logik.io's growth and innovation. The company will use the funds to innovate its composable, AI-enabled CPQ platform further.
About Logik.io
Founded in 2021, Logik.io is reimagining CPQ and consumerizing enterprise selling experiences. The company provides AI-powered solutions for CPQ and omnichannel commerce. Logik.io combines an advanced product configuration, discovery, and recommendation engine with a centralized transaction management hub. The company has opened new offices in Bengaluru and partnerships with companies like Adobe and Shopify. Key customers include Lamons, Keysight Technologies, and CORT.
Funding Details
Company: Logik.io, Inc.
Raised: $25.0M
Round: Series B
Funding Date: October 2024
Investors: Emergence Capital, High Alpha, ServiceNow Ventures, Salesforce Ventures, GoBig Ventures, Permanent Capital
Company Website: https://www.logik.io/
Software Category: AI CPQ Solution
