What is LeadIQ?
LeadIQ is dedicated to empowering sales teams by increasing their speed and productivity while maintaining the integrity of CRM data. In an era where sales professionals spend a disproportionate amount of time researching prospects online, LeadIQ addresses this bottleneck. By automating tedious and repetitive tasks within the outbound selling workflow, the platform reportedly saves the average sales representative six hours per week. With a user base exceeding 20,000 sales professionals, LeadIQ has established itself as an indispensable tool for efficient prospecting.
How much funding has LeadIQ raised?
LeadIQ has raised a total of $40M across 2 funding rounds:
Series A
$10M
Series B
$30M
Series A (2020): $10M with participation from Jim Calacanis, Tim Draper, and Eight Roads Ventures
Series B (2021): $30M led by Eight Roads, Fresco Capital, Cathay Innovation, Launch, Alumni Ventures, Strong Ventures, and Draper Associates
Key Investors in LeadIQ
Eight Roads Ventures
Eight Roads Ventures is a global venture capital firm that invests in growth-stage companies across various sectors, including technology and healthcare. They focus on providing strategic capital and operational support to help their portfolio companies scale internationally.
Fresco Capital
Fresco Capital is a venture capital firm that invests in early-stage technology companies, with a particular interest in disruptive innovations and scalable business models. They aim to partner with entrepreneurs to build category-defining companies.
Cathay Innovation
Cathay Innovation is a global venture capital firm that supports entrepreneurs by connecting them to a worldwide ecosystem. The firm invests in multi-stage startups that are making a positive impact through technology.
What's next for LeadIQ?
The substantial enterprise-level funding and recent strategic investment signal a period of accelerated growth and market expansion for LeadIQ. This capital infusion is expected to fuel further product development, enhance its technological capabilities, and broaden its market reach. LeadIQ is poised to solidify its position as a leader in sales intelligence and productivity, likely focusing on deeper CRM integrations, advanced AI-driven insights, and expanding its global footprint to support an increasing number of sales organizations aiming to optimize their outbound strategies.
See full LeadIQ company page
