How Much Did AnsweriQ Raise?
Funding & Key Investors

AnsweriQ, a provider of intelligent automation solutions for customer service, has secured $5M in total funding, with its most recent capital infusion of $5M described as a major strategic investment. This significant backing underscores the company's trajectory in the enterprise-level funding landscape.

What is AnsweriQ?

AnsweriQ
SoftwareCustomer Engagement Platforms

AnsweriQ specializes in delivering intelligent automation for customer service operations. Leveraging Artificial Intelligence (AI) and Intelligent Process Automation (IPA), the company's product suite empowers customer service leaders to automate both information-based and process-based customer service cases. For information-centric inquiries, AnsweriQ aims for Zero Contact Resolution through AI-driven self-service and automated responses, eliminating the need for agent intervention. In scenarios involving processes, AnsweriQ facilitates single-click automation for repetitive and routine customer service tasks, thereby enhancing efficiency and agent productivity.

How much funding has AnsweriQ raised?

AnsweriQ has raised a total of $5M across 1 funding round:

2017

Series A

$5M

Series A (2017): $5M with participation from Madrona Venture Group

Key Investors in AnsweriQ

Madrona Venture Group

Madrona Venture Group, established in 1995, is a venture capital firm that invests in companies across sectors including commercial software and services, with a focus on early-stage technology ventures.

What's next for AnsweriQ?

The recent major strategic investment signifies a pivotal moment for AnsweriQ, likely enabling the company to accelerate its product development, expand its market reach, and further enhance its AI and IPA capabilities. This capital infusion is expected to fuel growth and solidify its position as a leader in automating customer service functions, particularly for enterprise clients seeking to optimize their support operations and achieve higher levels of customer satisfaction through advanced automation.

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Frequently Asked Questions Regarding AnsweriQ Financial Insights

What are the most recent funding rounds that AnsweriQ has completed, and what were the funding rounds?
AnsweriQ has recently completed 1 funding rounds: Series A on Aug 7, 2017.
What is the total amount of funding AnsweriQ has raised to date?
AnsweriQ has raised a total of $5M in funding to date.
How many funding rounds has AnsweriQ completed?
AnsweriQ has completed 1 funding rounds.
How much funding did AnsweriQ raise in its most recent funding round?
AnsweriQ raised $5M in its most recent funding round.
Who are the lead investors in AnsweriQ's latest funding round?
The lead investor in AnsweriQ's latest funding round was Madrona Venture Group. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in AnsweriQ's history?
The largest funding round in AnsweriQ's history was $5M.
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