What is cloud.IQ?
Founded in 2012, Cloud.IQ operates as an AI and machine learning-powered automated conversion rate optimization platform specifically designed for e-commerce businesses. With a global presence spanning offices in London, Silicon Valley, Sydney, Madrid, and Cardiff, the company leverages advanced technology to enhance online sales performance for its clients. The company's focus on AI and machine learning positions it at the forefront of e-commerce optimization solutions.
How much funding has cloud.IQ raised?
cloud.IQ has raised a total of $16.3M across 3 funding rounds:
Other Financing Round
$6.2M
Series A
$4.9M
Private Equity
$5.3M
Other Financing Round (2012): $6.2M with participation from Bridges Fund Management
Series A (2017): $4.9M led by Juno Capital, Nauta Capital, and Finance Wales
Private Equity (2017): $5.3M supported by Paypal, Juno Capital, Finance Wales, and Nauta Capital
Key Investors in cloud.IQ
Juno Capital
Juno Capital is an innovative specialist alternative asset manager focused on wealthy individuals and family offices, targeting overlooked asset classes like venture capital and niche property.
Finance Wales
The Development Bank of Wales provides business finance solutions, including loans and equity, to companies in Wales, aiming to fuel economic growth and support technology ventures.
Nauta Capital
Nauta Capital is a venture capital firm specializing in early-stage B2B software companies across Europe, with a focus on RetailTech, Fintech, and AI/ML.
What's next for cloud.IQ?
The significant enterprise-level funding indicates Cloud.IQ is likely in a growth or scaling phase, aiming to expand its market reach and further develop its AI-driven optimization capabilities. This strategic investment will likely fuel product innovation, enhance customer acquisition efforts, and potentially support international expansion. The company's trajectory suggests a continued focus on providing cutting-edge conversion rate optimization tools for the e-commerce sector.
See full cloud.IQ company page
