About iQ3Connect
iQ3Connect is a company based in Woburn (United States) founded in 2017 by Ali Merchant.. iQ3Connect has raised $1.66 million across 3 funding rounds from investors including ClearImpact Ventures and MassChallenge. iQ3Connect offers products and services including Virtual Workspaces, Training & Experience Creator, and Enterprise Hub. iQ3Connect operates in a competitive market with competitors including Zimbra, Attensi, Kumospace, Gather and Multi, among others.
- Headquarter Woburn, United States
- Founders Ali Merchant
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Sectors
TechnologyIndustrial Goods & Manufacturing
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Email
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Phone
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Website
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Social
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- Legal Name Iq3connect Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$1.66 M (USD)
in 3 rounds
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Latest Funding Round
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Investors
ClearImpact Ventures
& 1 more
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Employee Count
Employee Count
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Products & Services of iQ3Connect
iQ3Connect offers a comprehensive portfolio of products and services, including Virtual Workspaces, Training & Experience Creator, and Enterprise Hub. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Enables real-time multi-user VR/AR meetings and interactions.
Allows no-code creation of immersive training experiences.
Centralizes management of users, data, and virtual projects.
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Head Team
1 people
Leadership Team
1 people
Product Management Team
1 people
Sales and Marketing
1 people
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Funding Insights of iQ3Connect
iQ3Connect has successfully raised a total of $1.66M across 3 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Last Round
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First Round
First Round
(28 Oct 2021)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Oct, 2023 | Amount | Seed - iQ3Connect | Valuation |
investors |
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| Sep, 2022 | Amount | Seed - iQ3Connect | Valuation |
investors |
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| Oct, 2021 | Amount | Grant - iQ3Connect | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in iQ3Connect
iQ3Connect has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include ClearImpact Ventures and MassChallenge. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage venture capital investments in sustainable technologies are made.
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Founded Year | Domain | Location | |
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Early-stage entrepreneurs are accelerated through MassChallenge's program.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by iQ3Connect
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - iQ3Connect
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Iq3connect Comparisons
Competitors of iQ3Connect
iQ3Connect operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Zimbra, Attensi, Kumospace, Gather and Multi, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Enterprise collaboration software is offered with open source APIs.
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| domain | founded_year | HQ Location |
Provider of gamified simulation training for corporates
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| domain | founded_year | HQ Location |
Cloud-based virtual workspaces are provided for collaboration.
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| domain | founded_year | HQ Location |
Cloud-based video conferencing solutions are offered by Gather.
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| domain | founded_year | HQ Location |
Virtual collaboration spaces for enterprises are provided via multi-device applications.
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| domain | founded_year | HQ Location |
VR simulation-based online training is provided for technical skills.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about iQ3Connect
When was iQ3Connect founded?
iQ3Connect was founded in 2017 and raised its 1st funding round 4 years after it was founded.
Where is iQ3Connect located?
iQ3Connect is headquartered in Woburn, United States. It is registered at Woburn, Massachusetts, United States.
Who is the current CEO of iQ3Connect?
Ali Merchant is the current CEO of iQ3Connect. They have also founded this company.
Is iQ3Connect a funded company?
iQ3Connect is a funded company, having raised a total of $1.66M across 3 funding rounds to date. The company's 1st funding round was a Grant of $50K, raised on Oct 28, 2021.
What does iQ3Connect do?
iQ3Connect was founded in 2017 and is headquartered in Woburn, United States. Operations focus on virtual reality technologies within the enterprise software sector. Services include API integrations for existing systems, virtual workspaces for product training, and immersive 3D content creation. Employees are enabled to meet, work, and train collaboratively, while users handle 3D CAD data for development and learning purposes.
Who are the top competitors of iQ3Connect?
What products or services does iQ3Connect offer?
iQ3Connect offers Virtual Workspaces, Training & Experience Creator, and Enterprise Hub.
Who are iQ3Connect's investors?
iQ3Connect has 2 investors. Key investors include ClearImpact Ventures, and MassChallenge.
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