Quiq Secures $25 Million in Series C  

by Kay Aloha Villamor in April 14th, 2022

Quiq, a Bozeman, Montana-based AI-powered Conversational platform that enables brands to engage customers on the most popular asynchronous text messaging channels, closed a $25 million Series C funding round, bringing total funding to date to $47.5 million.

The round was led by Baird Capital, with participation from existing investors Venrock, Foundry Group, and Next Frontier Capital.

The company intends to use the funds to extend its leadership position in Conversational AI and asynchronous messaging, invest further in emerging Conversational Commerce solutions, and expand its marketing and sales teams.

Company: Quiq, Inc.

Raised: $25.0M

Round: Series C

Funding Month: April 2022

Lead Investors: Baird Capital 

Additional Investors: Venrock, Foundry Group, and Next Frontier Capital

Company Website: https://quiq.com/

Software Category: AI-powered Conversational Platform

About the Company: Led by Mike Myer, CEO, and founder, Quiz provides an AI-powered Conversational Platform enabling businesses to engage with customers across the most popular digital messaging channels. The platform supports SMS/text, Apple Messages for Business, Google’s Business Messages, webchat, Facebook, Instagram, Twitter, call-to-text, and more. By using its CRM integrations with Salesforce, Zendesk, Microsoft, and Oracle, brands can utilize existing processes and customer data while modernizing the ways they communicate with their customers. The company, which also has an office in New York City, currently works with more than 200 leading brands across many industries — retail/e-commerce, consumer services, travel and hospitality, consumer finance, and online gaming.

Source: https://www.finsmes.com/2022/04/quiq-raises-25m-in-series-c-funding.html https://quiq.com/blog/25-million-in-series-c-funding/

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