CheQ secures $4.5 million in extended seed round led by 3one4 Capital and Venture Highway Fund
Apr 26, 2024•over 1 year ago
Amount Raised
$4.5 Million
Round Type
seed
Investors
Deepk TuliVishal GuptaMadhav Prakash SehthLloyd Dizon BalajadiaMultiply VenturesVenture Highway Fund3one4 Capital
Description
Bengaluru-based firm CheQ has raised $4.2 million in its extended seed round to support growth, expansion, marketing, and general corporate purposes. The funding came from new and existing investors including 3one4 Capital, Venture Highway Fund, Multiply Ventures, and individual investors Lloyd Dizon Balajadia, Madhav Prakash Sehth, Vishal Gupta, and Deepk Tuli.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers