About Phonic
Phonic is a company based in Foster City (United States) founded in 2019 by David Ferris and Mitchell Catoen was acquired by Infillion in February 2023. It operates as a SaaS (Software-as-a-Service). Phonic has raised $2.35 million across 2 funding rounds from investors including Infillion, Tola Capital and Supernode Global. Phonic offers products and services including Voice and Video Surveys. Phonic operates in a competitive market with competitors including SurveyMonkey, Qualtrics, QuestionPro, Typeform and Potloc, among others.
- Headquarter Foster City, United States
- Founders David Ferris, Mitchell Catoen
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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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Products & Services of Phonic
Phonic offers a comprehensive portfolio of products and services, including Voice and Video Surveys. 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.
Voice and video surveys are offered for qualitative insights.
Funding Insights of Phonic
Phonic has successfully raised a total of $2.35M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $2.2 million completed in February 2021. 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 2
- Last Round Seed — $2.2M
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First Round
First Round
(26 Aug 2020)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2021 | Amount | Seed - Phonic | Valuation | Tola Capital | |
| Aug, 2020 | Amount | Seed - Phonic | Valuation | Y Combinator |
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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 Phonic
Phonic has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Infillion, Tola Capital and Supernode Global. 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 & Growth stage Tech-focused venture capital firm funding companies in the US, Canada & Europe
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Founded Year | Domain | Location | |
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Early-stage startups are accelerated via funding and educational programs.
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Founded Year | Domain | Location | |
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Seed-stage companies are funded by Zillionize venture capital firm.
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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 Phonic
| 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 - Phonic
| 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 |
Phonic Comparisons
Competitors of Phonic
Phonic 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 SurveyMonkey, Qualtrics, QuestionPro, Typeform and Potloc, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
A cloud-based platform is utilized for creating customizable surveys.
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| domain | founded_year | HQ Location |
Surveys are created and feedback is collected through the platform.
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| domain | founded_year | HQ Location |
Web-based survey software is offered for research and analysis.
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| domain | founded_year | HQ Location |
Surveys and forms are created via a cloud-based platform.
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| domain | founded_year | HQ Location |
Provider of software solutions for community businesses and citizens
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| domain | founded_year | HQ Location |
Platform providing market research, customer experience, and employee feedback solutions
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Frequently Asked Questions about Phonic
When was Phonic founded?
Phonic was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Where is Phonic located?
Phonic is headquartered in Foster City, United States. It is registered at Foster City, California, United States.
Who is the current CEO of Phonic?
David Ferris is the current CEO of Phonic. They have also founded this company.
Is Phonic a funded company?
Phonic is a funded company, having raised a total of $2.35M across 2 funding rounds to date. The company's 1st funding round was a Seed of $150K, raised on Aug 26, 2020.
What does Phonic do?
Phonic is known for developing voice and video survey solutions that enable qualitative and quantitative research. The platform is utilized across sectors like market research, academic studies, consumer insights, and UX research. Features such as AI-enabled analysis, transcription in multiple languages, and cloud-based video editing are provided to streamline research processes. Phonic supports unmoderated studies with various question types and integration options for data collection. The service is set to be discontinued by October 2025.
Who are the top competitors of Phonic?
Phonic's top competitors include SurveyMonkey, Qualtrics and Typeform.
What products or services does Phonic offer?
Phonic offers Voice and Video Surveys.
Who are Phonic's investors?
Phonic has 6 investors. Key investors include Infillion, Tola Capital, Supernode Global, Y Combinator, and Zillionize.
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