qbiq Raises $16M in Series A
qbiq has successfully raised $16M in a Series A at a $80M valuation led by Insight Partners, JLL Spark.
Company Overview
qbiq is a PropTech company headquartered in New York, NY, founded in 2021 with 60+ employees.
Real estate data platform
Fundraising Details
- Amount Raised: $16M
- Round Type: Series A
- Valuation: $80M
- Date: 2025-01-01
- Investors: Insight Partners, JLL Spark
About qbiq
Real estate data platform The company is positioned in the PropTech sector, serving a growing market with innovative solutions.
Key Information
- Headquarters: New York, NY
- Founded: 2021
- Team Size: 60+
- Industry: PropTech
What This Means
This funding round demonstrates strong investor confidence in qbiq's vision and execution. The capital will likely be used to:
- Scale Operations: Expand the team and operational capacity
- Product Development: Enhance existing products and develop new features
- Market Expansion: Enter new markets and strengthen presence in existing ones
- Technology Investment: Invest in infrastructure and technology capabilities
Industry Context
The PropTech sector continues to attract significant investment as companies innovate to meet evolving market demands. qbiq's successful fundraising reflects the strong fundamentals and growth potential in this space.
Valuation Milestone
Reaching a $80M valuation marks an important milestone for qbiq, positioning the company among notable players in the PropTech industry.
Looking Ahead
With this new capital, qbiq is well-positioned to execute on its growth strategy and continue building innovative solutions in the PropTech space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.
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This fundraising news was reported on 2025-01-01. For more information about qbiq, visit their headquarters at New York, NY.