About TextIQ
TextIQ is a company based in New York (United States) founded in 2014 by Apoorv Agarwal and Omar Haroun was acquired by Relativity Technologies in May 2021.. TextIQ has raised $15.99 million across 4 funding rounds from investors including Relativity Technologies, FirstMark and Sierra Ventures. TextIQ operates in a competitive market with competitors including Elastic, Primer, Fractal Analytics, Fivetran and Radius, among others.
- Headquarter New York, United States
- Founders Apoorv Agarwal, Omar Haroun
-
Sectors
Technology
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$15.99 M (USD)
in 4 rounds
-
Latest Funding Round
$12.69 M (USD), Series A
Jun 19, 2019
-
Investors
Relativity Technologies
& 4 more
-
Employee Count
Employee Count
-
Acquired by
Relativity Technologies
(May 27, 2021)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Unlock access to complete
Unlock access to complete
Software Development Team
215 people
Leadership Team
65 people
Sales and Marketing
56 people
Product Management Team
46 people
Senior Team
46 people
Human Resources and Administration
23 people
Legal and Compliance
16 people
Finance and Accounting
16 people
Unlock access to complete
Funding Insights of TextIQ
TextIQ has successfully raised a total of $15.99M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $12.69 million completed in June 2019. 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 4
- Last Round Series A — $12.7M
-
First Round
First Round
(21 May 2015)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2019 | Amount | Series A - TextIQ | Valuation | FirstMark | |
| May, 2017 | Amount | Series A - TextIQ | Valuation | Alchemist Accelerator |
|
| Jun, 2016 | Amount | Series A - TextIQ | Valuation | Floodgate |
|
| 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 TextIQ
TextIQ has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Relativity Technologies, FirstMark and Sierra Ventures. 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 |
|---|---|---|---|---|
|
Early-stage venture capital is invested in tech startups across sectors.
|
Founded Year | Domain | Location | |
|
Early-stage venture capital investments in AI, healthcare, and enterprise technologies.
|
Founded Year | Domain | Location | |
|
Enterprise startups are accelerated via a 6-month program.
|
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 TextIQ
| 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 |
Financial Statements - TextIQ
| 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 |
Textiq Comparisons
Competitors of TextIQ
TextIQ 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 Elastic, Primer, Fractal Analytics, Fivetran and Radius, 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 text analytics platform
|
|
| domain | founded_year | HQ Location |
AI based text summarization and contextualization software tool
|
|
| domain | founded_year | HQ Location |
Artificial intelligence and analytics solutions are provided for enterprise transformation.
|
|
| domain | founded_year | HQ Location |
Data pipelines and integrations are managed through automated platforms.
|
|
| domain | founded_year | HQ Location |
Predictive marketing and sales platform
|
|
| domain | founded_year | HQ Location |
Text data analytics platform powered by AI for enterprises.
|
| 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.
|
Latest news on Textiq
Frequently Asked Questions about TextIQ
When was TextIQ founded?
TextIQ was founded in 2014 and raised its 1st funding round 1 year after it was founded.
Where is TextIQ located?
TextIQ is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of TextIQ?
Apoorv Agarwal is the current CEO of TextIQ. They have also founded this company.
Is TextIQ a funded company?
TextIQ is a funded company, having raised a total of $15.99M across 4 funding rounds to date. The company's 1st funding round was a Series A of $3M, raised on May 21, 2015.
What does TextIQ do?
TextIQ was founded in 2014 in New York, United States, within the AI and data analytics sector. A cloud-based platform is operated for extracting insights from unstructured enterprise data. Deep learning is applied to identify social networks and contextual relationships. Information categorization tools are provided, alongside text analysis features for assigning topics to feedback, conducting sentiment analysis, and generating reports. Subscription-based access is offered to users.
Who are the top competitors of TextIQ?
TextIQ's top competitors include Fractal Analytics, Primer and Radius.
Who are TextIQ's investors?
TextIQ has 5 investors. Key investors include Relativity Technologies, FirstMark, Sierra Ventures, Alchemist Accelerator, and Floodgate.