About Qualtrics
Qualtrics is a company based in Provo (United States) founded in 2002 by Scott M Smith, Jared Smith, and Ryan Smith was acquired by Silver Lake in March 2023.. Qualtrics has raised $400 million across 3 funding rounds from investors including SAP, Accel and CPP Investments. The company has 13 employees as of April 07, 2024. Qualtrics has completed 6 acquisitions, including Clarabridge, Delighted and Press Ganey. Qualtrics operates in a competitive market with competitors including Pendo, ActiveCampaign, Zendesk, SurveyMonkey and Verint, among others.
- Headquarter Provo, United States
- Employees 13 as on 07 Apr, 2024
- Founders Scott M Smith, Jared Smith, Ryan Smith
- Stage Public
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
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- Legal Name Qualtrics India Private Limited
- Date of Incorporation 29 Jun, 2021
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$400 M (USD)
in 3 rounds
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Latest Funding Round
$180 M (USD), Series C
Apr 12, 2017
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Investors
SAP
& 5 more
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Employee Count
13
as on Apr 07, 2024
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Investments & Acquisitions
Clarabridge
& 5 more
- Acquired by
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Sales and Marketing
93 people
Leadership Team
78 people
Product Management Team
60 people
Software Development Team
34 people
Creative and Marketing Team
22 people
Operations Team
16 people
Senior Team
13 people
Head Team
11 people
Unlock access to complete
Funding Insights of Qualtrics
Qualtrics has successfully raised a total of $400M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $180 million completed in April 2017. 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 Series C — $180.0M
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First Round
First Round
(15 May 2012)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2017 | Amount | Series C - Qualtrics | Valuation | Insight Partners , Accel | |
| Sep, 2014 | Amount | Series B - Qualtrics | Valuation | Insight Partners | |
| May, 2012 | Amount | Series A - Qualtrics | Valuation | Accel , Sequoia Capital |
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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 Qualtrics
Qualtrics has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include SAP, Accel and CPP Investments. 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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Investment firm scaling software and technology companies from early to late stages.
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Founded Year | Domain | Location | |
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Accel is recognized as a leading venture capital firm.
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Founded Year | Domain | Location | |
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Sequoia Capital is engaged in venture capital investments.
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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 Qualtrics
Qualtrics has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include Clarabridge, Delighted and Press Ganey. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Feedback collection platform for businesses
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2013 | ||||
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Business processes are automated via SaaS solutions.
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2013 | ||||
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Web-based statistical analysis and visualization tools are provided.
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2012 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Qualtrics
| 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 |
Qualtrics Comparisons
Competitors of Qualtrics
Qualtrics 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 Pendo, ActiveCampaign, Zendesk, SurveyMonkey and Verint, 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 |
Product experience is managed through cloud-based analytics and feedback tools.
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| domain | founded_year | HQ Location |
Sales, CRM, and email marketing automation software is provided.
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| domain | founded_year | HQ Location |
Cloud-based customer service platform is offered for business engagement.
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| domain | founded_year | HQ Location |
A cloud-based platform is utilized for creating customizable surveys.
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| domain | founded_year | HQ Location |
AI-powered customer experience automation solutions are provided by Verint.
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| domain | founded_year | HQ Location |
Customer intelligence platform on cloud
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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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Latest news on Qualtrics
Frequently Asked Questions about Qualtrics
When was Qualtrics founded?
Qualtrics was founded in 2002 and raised its 1st funding round 10 years after it was founded.
Where is Qualtrics located?
Qualtrics is headquartered in Provo, United States. It is registered at Provo, Utah, United States.
Who is the current CEO of Qualtrics?
Zig Serafin is the current CEO of Qualtrics.
Is Qualtrics a funded company?
Qualtrics is a funded company, having raised a total of $400M across 3 funding rounds to date. The company's 1st funding round was a Series A of $70M, raised on May 15, 2012.
How many employees does Qualtrics have?
As of Apr 07, 2024, the latest employee count at Qualtrics is 13.
What does Qualtrics do?
Qualtrics was founded in 2002 in Provo, United States, as a survey software provider in the experience management sector. The platform is utilized by organizations for designing surveys with diverse question types and templates to gather feedback. Operations focus on analyzing responses via dashboards and data visualizations. Services support product design, market expansion, and growth acceleration across global users.
Who are the top competitors of Qualtrics?
Qualtrics's top competitors include Pendo, SurveyMonkey and Zendesk.
How many acquisitions has Qualtrics made?
Qualtrics has made 6 acquisitions, including Clarabridge, Delighted, and Press Ganey.
Who are Qualtrics's investors?
Qualtrics has 6 investors. Key investors include SAP, Accel, CPP Investments, Insight Partners, and Sequoia Capital.
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