BAYiQ
Latest round
- Seed
Last raised
- Apr 2017
Total raised
- $1.7M
Investors
- 2
About BAYiQ
BAYiQ, Inc.Founded in 2015 and headquartered in Scottsdale, US, BAYiQ, Inc. provides marketing solutions for the automotive sector. The company underwent an acquisition by AutoVitals, Inc. in January 2021, after receiving investments from Cobre Capital and The Arizona Founders Fund. Jennifer Thronson leads the company as CEO.BAYiQ specializes in providing automated marketing software tailored for the independent tire and automotive repair industry. The company's core offerings include a loyalty rewards program, automated service reminders, appointment scheduling tools, and a system for managing online reviews. These features enhance customer retention and increase transaction value by simplifying communication between repair shops and their clients. The software integrates seamlessly into existing shop management systems, enabling tire dealers and repair centers to track customer interactions and loyalty metrics in real time.BAYiQ operates on a subscription-based revenue model, where clients pay for access to its suite of marketing tools designed for the auto repair sector. Transactions typically occur through monthly or annual subscriptions, with clients enrolling in the loyalty rewards program as part of their service package. This structure facilitates consistent revenue streams while providing clients with essential marketing capabilities. Clients utilize the platform to engage customers through features like service reminders and promotional communications, thereby driving sales and increasing customer loyalty.After the acquisition by AutoVitals, Inc. in January 2021, BAYiQ is positioned for strategic growth through the enhancement of its product offerings. The company aims to develop and launch new marketing tools specifically designed for the tire and automotive sectors.S. market to increase its client base.
Who invested in BAYiQ
2 investors across 1 round
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Funding rounds
Seed
Apr 11, 2017
Amount
$1.7M
Investors
Questions about BAYiQ
Who invested in BAYiQ?
BAYiQ has 2 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has BAYiQ raised?
BAYiQ has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did BAYiQ last raise money?
BAYiQ's most recent round on record is a Seed, in Apr 2017.
What does BAYiQ do?
BAYiQ is a software company.
Where is BAYiQ headquartered?
BAYiQ is headquartered in Scottsdale, US.
Which VCs invest in companies like BAYiQ?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at BAYiQ's stage. Their profiles are linked below.
VCs backing software startups at Seed
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