Latest round

Series A

Last raised

Jun 2019

Total raised

$19M

Investors

3

About Text IQ

Text IQ, Inc.Founded in 2014 in New York, US, Text IQ, Inc. focuses on providing AI-driven solutions for data management.TextIQ specializes in advanced artificial intelligence and machine learning solutions designed to enhance data discovery and management processes. The company's primary offerings focus on automating the identification and analysis of sensitive information across vast datasets, providing organizations with tools to streamline compliance and risk management. TextIQ’s technology fundamentally aims to address the challenges of data privacy, particularly in industries that handle large volumes of sensitive data, such as healthcare, finance, and legal. Its solutions have been implemented by a diverse clientele that includes large enterprises and government agencies, specifically targeting markets in North America and Europe.TextIQ's revenue model is primarily structured around subscription-based services, where clients pay for access to the company's innovative data management platforms. These subscriptions typically involve varying tiers based on the scale of data processed and the depth of analytical capabilities required, ensuring flexibility for different client needs. The company also engages in partnerships with key players in the technology sector, which may further enhance its market reach and service offerings. Clients, primarily from industries such as healthcare and finance, utilize TextIQ's flagship products to ensure compliance with stringent data regulations, engaging in regular service renewals that contribute to a steady revenue stream.Text IQ, Inc. plans to expand its product offerings by developing new AI-driven solutions aimed at enhancing data privacy and compliance. The company is targeting expansion into new geographic markets, particularly Europe and Asia, by the end of 2023.

Who invested in Text IQ

3 investors across 3 rounds

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Funding rounds

  1. Series A

    Jun 3, 2019

    Amount

    $13M

    Investors

    Locked

  2. Seed

    Feb 1, 2017

    Amount

    $3M

    Investors

    Locked

  3. Seed

    Sep 20, 2016

    Amount

    $3M

    Investors

    Locked

Questions about Text IQ

Who invested in Text IQ?

Text IQ has 3 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Text IQ raised?

Text IQ has raised 3 venture rounds. Sign up free to see how much each round raised and the total.

When did Text IQ last raise money?

Text IQ's most recent round on record is a Series A, in Jun 2019.

What does Text IQ do?

Text IQ is a software company.

Where is Text IQ headquartered?

Text IQ is headquartered in New York, US.

Which VCs invest in companies like Text IQ?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Text IQ's stage. Their profiles are linked below.

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