Quiq

Bozeman, United States Founded: 2015 • Age: 11 yrs
Provider of AI-based chatbot platform for customer engagement
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About Quiq

Quiq is a company based in Bozeman (United States) founded in 2015 by William O'Neill and Mike Myer.. Quiq has raised $66.05 million across 6 funding rounds from investors including Baird Capital, Venrock and Foundry. The company has 1 employees as of September 30, 2019. Quiq has completed 1 acquisition, including Quiq. Quiq offers products and services including AI Agents, AI Studio, and AI Contact Center. Quiq operates in a competitive market with competitors including Twilio, Freshworks, Dialpad, Sprinklr and Gupshup, among others.

  • Headquarter Bozeman, United States
  • Employees 1 as on 30 Sep, 2019
  • Founders William O'Neill, Mike Myer
  • Sectors
    Technology
    Retail
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Technology → Artificial Intelligence & Machine Learning
Technology → Marketing, Adtech & Commerce Technology
Technology → Enterprise Software & Productivity Solutions
Retail → E-Commerce Technology & Services
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $66.05 M (USD)

    in 6 rounds

  • Latest Funding Round
    $25 M (USD), Series C

    Apr 12, 2022

  • Investors
  • Employee Count
    1

    as on Sep 30, 2019

  • Investments & Acquisitions
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Products & Services of Quiq

Quiq offers a comprehensive portfolio of products and services, including AI Agents, AI Studio, and AI Contact Center. 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.

Primary

Tools for deploying AI agents across communication channels

Platform to create and optimize AI conversational experiences

Features to supercharge agents with AI assistance

People of Quiq
Headcount 50-200
Employee Profiles 51
Employee Profiles
People
Andrew Wharton
Director Of Sales, Strategic Accounts
People
Michael Tran
Frontend Engineer
People
Mike Myer
CEO & Founder
People
Michael Hartsog
VP Of Customer Growth And Alliances

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Funding Insights of Quiq

Quiq has successfully raised a total of $66.05M across 6 strategic funding rounds. The most recent funding activity was a Series C round of $25 million completed in April 2022. 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 Rounds 6
  • Last Round Series C — $25.0M
  • First Round

    (14 Aug 2016)

  • Investors Count 5
Date Amount Transaction Name Valuation Lead Investors Investors
Apr, 2022 Amount Series C - Quiq Valuation Baird Capital
Jul, 2019 Amount Series B - Quiq Valuation

investors

Jul, 2019 Amount Series B - Quiq Valuation Foundry , Teamworthy Ventures
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Quiq

Quiq has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Baird Capital, Venrock and Foundry. 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.

All
Venture Fund
Investor Description Founded Year Domain Location
Global private equity and venture capital investments in B2B Tech & Services companies.
Founded Year Domain Location
Venture capital firm focused on tech sectors
Founded Year Domain Location
Venture capital is invested in early-stage tech startups.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Quiq

Quiq has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Quiq. 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.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Chat-based mobile marketing solutions are provided for enterprises.
2010
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Quiq

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Quiq Comparisons

Employees
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Competitors of Quiq

Quiq 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 Twilio, Freshworks, Dialpad, Sprinklr and Gupshup, 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
Cloud-based omnichannel communication and customer engagement platform is utilized.
domain founded_year HQ Location
Cloud-based business process management suite solutions are delivered.
domain founded_year HQ Location
Cloud-based unified communication solutions including voice and video are provided.
domain founded_year HQ Location
Cloud-based customer experience management software is provided for brands.
domain founded_year HQ Location
Tools for customer engagement across multiple channels are provided.
domain founded_year HQ Location
Conversational AI platform is provided for digital customer experiences.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Frequently Asked Questions about Quiq

When was Quiq founded?

Quiq was founded in 2015 and raised its 1st funding round 1 year after it was founded.

Where is Quiq located?

Quiq is headquartered in Bozeman, United States. It is registered at Bozeman, Montana, United States.

Who is the current CEO of Quiq?

Mike Myer is the current CEO of Quiq. They have also founded this company.

Is Quiq a funded company?

Quiq is a funded company, having raised a total of $66.05M across 6 funding rounds to date. The company's 1st funding round was a Series B of $12.5M, raised on Aug 14, 2016.

How many employees does Quiq have?

As of Sep 30, 2019, the latest employee count at Quiq is 1.

What does Quiq do?

Quiq was founded in 2015 and is headquartered in Bozeman, United States. An AI-based chatbot platform is provided by the company for customer engagement in the customer service sector. Interactions with customers are enabled through SMS, text messaging, Facebook Messenger, live chat, and Kik, supporting pre-sales inquiries and post-sales assistance. Pre-built integrations with CRM systems, including Oracle, Zendesk, and Salesforce, are included to facilitate operations.

Who are the top competitors of Quiq?

Quiq's top competitors include Twilio, Freshworks and Dialpad.

What products or services does Quiq offer?

Quiq offers AI Agents, AI Studio, and AI Contact Center.

How many acquisitions has Quiq made?

Quiq has made 1 acquisition, including Quiq.

Who are Quiq's investors?

Quiq has 5 investors. Key investors include Baird Capital, Venrock, Foundry, Next Frontier Capital, and Teamworthy Ventures.

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