# Qsic

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/qsic-pty

- Industry: Software
- Headquarters: Melbourne, Australia
- Website: www.getqsic.com
- Total disclosed funding: $30M
- Latest round: Series B (Jan 28, 2025)
- Investors on record: 5

## About

Based in Melbourne, Australia, and founded in 2012, Qsic Pty Ltd is a developer of a commercial music streaming service intended for retail stores which feature automated functionalities depending on the surrounding conditions. In January 2025, Qsic Pty Ltd raised USD 25 million in series B funding led by new investor Hedosophia.

Qsic utilizes smart technology devices, artificial intelligence, automation, big data, and analytics into one platform. The platform has the ability to acknowledges current conditions and instantly implements change, measures impact through the use of smart devices and inputs including music and sensors, uses targeted audio messaging and advertising to engage the audience. It delivers a smart environment that learns with every customer and implements new strategies to improve productivity across all clients' stores.

The company generates revenue through subscription fees from users mainly commercial establishments.

The company plans to use the January 2025 funding to expand its AI-powered in-store audio platform into new retail locations, accelerate product development, and scale its sales team.

## Funding rounds

- Series B, Jan 28, 2025, $25M — Hedosophia
- Series A, May 19, 2022, $3.4M — Carthona Capital, TEN13, Flying Fox Ventures, Ccvf2 (Hp) Services Pty Ltd
- Series A, Nov 11, 2021, $1.6M — Carthona Capital, Flying Fox Ventures, Ccvf2 (Hp) Services Pty Ltd

## Investors

- Carthona Capital (https://capitalatlas.ai/funds/carthona-capital) — Series A
- Flying Fox Ventures (https://capitalatlas.ai/funds/flying-fox-ventures) — Series A
- Ccvf2 (Hp) Services Pty Ltd — Series A
- TEN13 (https://capitalatlas.ai/funds/ten13) — Series A
- Hedosophia (https://capitalatlas.ai/funds/hedosophia) — Series B