Fundz

Quiq Raises $25 Million Series C Funding Led By Baird Capital

PRIVATEApr 12, 2022

Amount Raised

$25 Million

Round Type

Series C

BozemanInformation TechnologySoftwareData And AnalyticsInternet Services

Description

Quiq, the AI-powered Conversational Platform that enables brands to engage customers on the most popular asynchronous text messaging channels, today announced it has closed a $25 million Series C funding round, which brings the company's total funding to date to $47.5 million. Baird Capital led the Series C round, with additional participation from existing investors Venrock, Foundry Group and Next Frontier Capital. The new funding will be used to extend Quiq's leadership position in Conversational AI and asynchronous messaging and to invest further in emerging Conversational Commerce solutions. Quiq will also expand its marketing and sales teams to address increasing demand from B2C enterprise brands, both in the U.S

Company Information

Company

Quiq

Location

2201 Baxter Lane

Bozeman, Montana, United States

About

Quiq is an AI for CX platform and the leader in customer-centric AI for CX. Quiq creates best-in-class solutions that enable seamless customer journeys across channels and between AI agents and humans. Built by CX and AI experts, Quiq delivers on the promise of generative AI by driving revenue, reducing costs, and improving CX outcomes. With Quiq's AI Studio, enterprise brands get the best of "build" with control and customization, and the best of "buy" with expert support, security, and scalability. The world's leading brands, including Terminix, Volvo, and IHG Hotels & Resorts, trust Quiq to improve CX outcomes.

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