OpenPhone rebrands as Quo, securing $105 million in growth financing backed by General Catalyst to enhance product capabilities and expand customer reach.
Sep 23, 2025•13 days ago
Amount Raised
$105 Million
Investors
General Catalyst's Customer Value Fund
Description
OpenPhone has rebranded to Quo following a $96 million investment from General Catalyst's Customer Value Fund and an additional $9 million from existing investors. This funding aims to support rapid product innovation and scale customer expansion. Quo is redefining the business phone category through AI-driven solutions. The new name signifies a commitment to fundamentally reinventing the status quo for small businesses.
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
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech