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OpenPhone rebrands as Quo, securing $105 million in growth financing backed by General Catalyst to enhance product capabilities and expand customer reach.

Sep 23, 202513 days ago

Amount Raised

$105 Million

San FranciscoSoftware

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.

Company Information

Company

Quo

Location

San Francisco, California, United States

About

Quo is the phone system that helps you build personal customer relationships at scale. It brings your calls, texts and customer info all into a single place that works across your team and devices, so your team stays in sync and never misses a customer.

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Funding Insights

Based on industry data
VC-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