What is Qualtrics?
Qualtrics operates as a technology platform designed to enable organizations to listen, understand, and act on experience data. The Qualtrics XM Platform serves as a system of action, empowering teams, departments, and entire organizations to manage the four core business experiences: customer, employee, product, and brand, all within a unified platform. This comprehensive approach allows businesses to gain deep insights and drive strategic decisions based on real-time feedback and data.
How much funding has Qualtrics raised?
Qualtrics has raised a total of $1.9B across 4 funding rounds:
Series A
$70M
Series B
$150M
Series C
$180M
Stock Offering
$1.6B
Series A (2012): $70M with participation from Steamboat Ventures and Accel
Series B (2014): $150M led by Accel, Steamboat Ventures, and Insight Venture Partners
Series C (2017): $180M supported by Steamboat Ventures, Insight Venture Partners, and Accel
Stock Issuance/Offering (2021): $1.6B, investors not publicly disclosed
Key Investors in Qualtrics
Accel
Accel Inc. is a leading contract packaging company based in Columbus, Ohio, specializing in copacking and assembly services since 1995. They offer a wide range of packaging solutions including blister, gift sets, rigid boxes, and shrink wrap, catering to industries such as food, cosmetics, personal care, and healthcare. With a focus on quality, engineering innovation, and scalable operations, Accel Inc. aims to transform product visions into captivating packaged goods. Their commitment to diversity and inclusion ensures a flexible labor model that meets the unique needs of each project.
Steamboat Ventures
Steamboat Ventures, founded in 2000, focuses on helping young companies become market leaders. They invest in early to growth stage companies within the technology, media, and consumer sectors. The firm is dedicated to creating lasting value in each of its investments. Their approach emphasizes a commitment to nurturing and supporting the growth of their portfolio companies.
Insight Venture Partners
GO is a private platform purpose-built for Insight Partners' portfolio company leaders. GO unifies our 500+ software portfolio companies to foster connections, strengthen leadership, expand their brain trust, and provide support as they scale.
What's next for Qualtrics?
The substantial enterprise-level funding and recent strategic investment indicate Qualtrics is poised for aggressive expansion and further product development. This capital infusion will likely fuel advancements in its experience management capabilities, potentially through organic growth, strategic acquisitions, or enhanced R&D efforts. The company's trajectory suggests a focus on solidifying its market leadership and expanding its global reach, leveraging its technology to address the evolving needs of businesses seeking to optimize customer and employee experiences.
See full Qualtrics company page
