About KwikTag
KwikTag is a company based in Tempe (United States) founded in 1997 was acquired by Paymerang in April 2023.. KwikTag has raised $161 thousand across 1 funding round from investors including Paymerang. The company has 115 employees as of December 31, 2021. KwikTag offers products and services including Invoice Automation, Purchase Order Automation, Payment Automation, Receivables Automation, and KwikPayables. KwikTag operates in a competitive market with competitors including Box, Acquia, Conga, Automattic and M-Files, among others.
- Headquarter Tempe, United States
- Employees 115 as on 31 Dec, 2021
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Sectors
Technology
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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 Enchoice, Inc
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Products & Services of KwikTag
KwikTag offers a comprehensive portfolio of products and services, including Invoice Automation, Purchase Order Automation, Payment Automation, Receivables Automation, and KwikPayables. 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.
Automates invoice processing to enhance accuracy and efficiency
Streamlines purchase order management for better financial control
Handles electronic payments to reduce fraud and costs
Automates receivable processes for improved cash flow management
Integrates with Dynamics GP for seamless AP automation
Provides AI-powered automation for Business Central users
Funding Insights of KwikTag
KwikTag has successfully raised a total of $161K through 1 strategic funding round. The most recent funding activity was a Unspecified round of $161 thousand completed in March 2014. 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 1
- Last Round Unspecified — $161,000
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First Round
First Round
(26 Mar 2014)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2014 | Amount | Unspecified - KwikTag | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 KwikTag
KwikTag has secured backing from 1 investor. Prominent investors backing the company include Paymerang. 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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AI-based invoice, payment, and accounts payable automation solutions for businesses
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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 KwikTag
| 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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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - KwikTag
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Kwiktag Comparisons
Competitors of KwikTag
KwikTag 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 Box, Acquia, Conga, Automattic and M-Files, 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 |
AI-based platform for secure collaboration and content management is utilized.
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| domain | founded_year | HQ Location |
AI powered digital experience and customer data management platform
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| domain | founded_year | HQ Location |
Contract lifecycle management is facilitated via a cloud-based platform.
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| domain | founded_year | HQ Location |
Automattic is engaged in developing web and messaging solutions.
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| domain | founded_year | HQ Location |
Documents are managed and automated for enterprise knowledge work.
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| domain | founded_year | HQ Location |
Offers cloud-based video solutions tailored for the media and entertainment industry.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
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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Latest news on Kwiktag
Frequently Asked Questions about KwikTag
When was KwikTag founded?
KwikTag was founded in 1997 and raised its 1st funding round 17 years after it was founded.
Where is KwikTag located?
KwikTag is headquartered in Tempe, United States. It is registered at Tempe, Arizona, United States.
Is KwikTag a funded company?
KwikTag is a funded company, having raised a total of $161K across 1 funding round to date. The company's 1st funding round was a Unspecified of $161K, raised on Mar 26, 2014.
How many employees does KwikTag have?
As of Dec 31, 2021, the latest employee count at KwikTag is 115.
What does KwikTag do?
KwikTag was founded in 1997 in Tempe, United States, within the document management sector. A cloud-based system is offered by the company to enable document location and sharing across departments, with integration options for Dynamics ERP or standalone use. Additional solutions for accounts payable automation and expense management are included in its operations, serving business efficiency needs.
What products or services does KwikTag offer?
KwikTag offers Invoice Automation, Purchase Order Automation, Payment Automation, Receivables Automation, and 2 more products and services.
Who are KwikTag's investors?
KwikTag has 1 investor. Key investors include Paymerang.
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