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

Apr 12, 2022•over 3 years ago

Amount Raised

$25 Million

Round Type

series c

Bozeman

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

Bozeman, Montana, United States

About

Quiq is the AI-powered Conversational Platform enabling businesses to engage with customers across the most popular digital messaging channels. Trusted by leading brands and boasting a 56 NPS score, Quiq's enterprise-grade Conversational Platform supports SMS/text, Apple Messages for Business, Google's Business Messages, webchat, Facebook, Instagram, Twitter, call-to-text, and more. Quiq provides the leading solutions for business communications for the world's best commerce and care teams. Quiq for Commerce and Quiq for Customer Care combine Conversational AI and digital contact center to help commerce and service teams increase efficiency, drive revenue, and improve customer satisfaction. Strong ethics and a focus on the shared success of our customers, partners and employees are the foundation of Quiq's business Headquartered in Bozeman, Montana, with an office in New York City, Quiq is a privately held company backed by Baird Capital, Foundry Group, Venrock and Next Frontier Capital. Follow us on LinkedIn, Twitter, Facebook and Instagram, or learn more at https://quiq.com.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech