Logik.io raised $25M in a Series B funding round led by GoBig, Emergence Capital, High Alpha, ServiceNow Ventures, and Salesforce Ventures to enhance its AI-driven CPQ platform.

Oct 08, 2024•10 months ago

Amount Raised

$25 Million

Round Type

series b

LibertyvilleInformation Technology

Investors

Permanent CapitalSalesforce VenturesService Now VenturesHigh AlphaEmergence CapitalGo Big

Description

Logik.io, a fintech specializing in CPQ solutions, secured $25 million in Series B funding. The investment will support new projects and further develop its AI-powered offerings.

Company Information

Company

Logik.ai

Location

216 MCKINLEY AVENUE

Libertyville, Illinois, United States

About

Logik.ai is an industry pioneer in AI-powered Configure, Price, Quote (CPQ) solutions, enabling organizations to streamline sales processes. Their technology leverages artificial intelligence to enhance transaction management and improve overall sales efficiency. Logik.ai aims to simplify complex sales scenarios with its modern solutions.

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Funding Insights

Based on industry data

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VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

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