# Quikly

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/quikly

- Industry: Marketing/Advertising
- Headquarters: Detroit, US
- Website: www.quikly.com
- Total disclosed funding: $2M
- Latest round: Series B (Feb 27, 2014)
- Investors on record: 5

## About

Quikly is an urgency marketing platform enhancing promotional strategies for retailers, primarily those utilizing Shopify, through customizable tools that drive consumer engagement and boost conversion rates.Founded in 2012, Quikly operates in Detroit, US, providing urgency marketing solutions for retailers. The company has undergone strategic pivots to enhance its focus on urgency marketing. The firm was co-founded by Scott Meves, Shawn Geller, and Shreyas Das, with Shawn Geller currently serving as CEO. Quikly raised USD 3.000 mn in funding on June 24, 2016, led by Plymouth Growth Partners, and has completed 5 deals to date. The total amount raised by the company stands at USD 3.000 mn.Quikly operates as an urgency marketing platform, focusing on enhancing promotional strategies for retailers, particularly those utilizing Shopify. Their core product offerings include customizable promotional tools known as "Moments," designed to create urgency among shoppers, thus increasing consumer engagement and conversion rates. These tools allow e-commerce businesses and brands to manage inventory effectively while boosting sales during critical marketing periods, primarily serving clients across North America and Europe.Quikly generates revenue through a structured transaction model that includes subscription-based services and partnerships with e-commerce platforms. Clients engage in B2B transactions, utilizing Quikly's marketing tools as part of their promotional strategies. Pricing plans are tailored to meet individual business needs, further facilitated by their flagship Moments promotional tools, ensuring ongoing relationships with retailers and contributing to the company's revenue stream.Quikly plans to leverage its recent funding of USD 3.000 mn raised on June 24, 2016, to enhance its product offerings and expand into new markets. The company is currently focused on developing new promotional tools to strengthen its service portfolio. Additionally, Quikly aims to penetrate markets in Europe and Asia by the end of 2024, utilizing the funds to support these initiatives.

## Funding rounds

- Series B, Feb 27, 2014, $0.6M — Detroit Venture Partners, Counterview Capital
- Series A, Mar 13, 2013, $1M — Ann Arbor SPARK, Ludlow Ventures, Detroit Venture Partners, Pennstro Ventures
- Series A, Jul 16, 2012, $0.2M — Detroit Venture Partners, Pennstro Ventures
- Series A, Apr 16, 2012, $0.3M — Detroit Venture Partners, Pennstro Ventures

## Investors

- Detroit Venture Partners (https://capitalatlas.ai/funds/detroit-venture-partners) — Series A, Series B
- Pennstro Ventures — Series A
- Ann Arbor SPARK (https://capitalatlas.ai/funds/ann-arbor-spark) — Series A
- Ludlow Ventures (https://capitalatlas.ai/funds/ludlow-ventures) — Series A
- Counterview Capital (https://capitalatlas.ai/funds/counterview-capital) — Series B