QuoteMachine Closes $3.7M Seed Funding

QuoteMachine

QuoteMachine, a Montreal, Canada-based provider of a retail software platform, raised $3.7M in Seed funding.

The round, which brought the total amount $4.6M, was led by Manresa Ventures, with additional investments from Clocktower Technology Ventures, and Precursor Ventures.

The company intends to use the funds to launch new payment solutions, offer new inventory management capabilities, and grow its go-to-market teams.

Led by JD Rocheteau, CEO, QuoteMachine is a provider of sales software solutions. Its sales software enables retailers worldwide to deliver customized sales experiences to their customers through efficient quoting, ordering, invoicing and payment services. It offers integrations on both Shopify or Lightspeed Commerce’s marketplace and is also part of the Intuit Developer Platform, where millions of QuickBooks Online users go to find, try and buy apps that meet their needs.

In the last six months, the company’s team size has more than doubled, and they have handled $40 million in gross merchandise value on a monthly basis

FinSMEs

17/10/2023