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- Quantum Metric
Quantum Metric Valuation, Funding & Investors
Quantum Metric is valued at $1B as of January 2021.
Last Quantum Metric valuation
$1B
Series B · Jan 2021
Last Quantum Metric funding round
$200M
Series B · Jan 2021
Cumulative funding Quantum Metric raised
$226M
across 3 funding rounds
Key investors in Quantum Metric
Insight Partners
Bossa Invest
Bain Capital Ventures
Endeavor Catalyst
Uncorrelated Ventures
NextGen Venture Partners
About Quantum Metric
Quantum Metric is a Colorado Springs-headquartered digital experience analytics platform. It captures session replays, heatmaps, and user journeys to quantify customer frustration across websites and apps. The tool integrates with Jira, Amplitude, and Salesforce for product teams at Fortune 500 companies like adidas and Volkswagen. Recognized by Gartner as a digital experience monitoring leader, it processes billions of events daily to prioritize fixes based on revenue impact.
Founded
2015
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Subscription
Valuation
$1B (Jan 2021)
Quantum Metric Valuation
Quantum Metric is currently valued at $1B, based on its Series B in January 2021.
The $200M round was led by Insight Partners, with participation from Uncorrelated Ventures, Endeavor Catalyst, Bossa Invest and NextGen Venture Partners.
Quantum Metric valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Jan 2021 | Series B | $1B |
Quantum Metric Funding History
Quantum Metric has raised a total of $226M across 3 funding rounds.
Quantum Metric's first fundraising round was a $1M seed round in August 2017. The most recent completed round was a $200M Series B in January 2021.
Quantum Metric funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Jan 2021 | Series B | Insight Partners (lead); Uncorrelated Ventures; Endeavor Catalyst; Bossa Invest; NextGen Venture Partners | $200M | $1B | Quantum Metric is a SaaS platform providing continuous product design capabilities, enabling enterprises to build better digital products faster using real-time qualitative and quantitative data for analytics on websites and mobile apps. The company announced a $200 million Series B funding round on January 7, 2021, led by Insight Partners, with participation from other investors including Bossa Invest, Endeavor Catalyst, NextGen Venture Partners, and Uncorrelated Ventures, at a valuation exceeding $1 billion, marking it as one of the first tech unicorns of 2021. This followed a $25 million Series A in 2018 and a $25 million debt facility in 2020, bringing total financing to $251 million at the time. The funding aims to support massive growth by enhancing platform features, expanding product and support teams, accelerating sales and marketing in the US, building EMEA teams, entering Asia Pacific, and potentially pursuing acquisitions. Quantum Metric had achieved 1 billion unique monthly visitors by the end of 2020, representing about 20% of global internet users, with customers including United Airlines, lululemon, and 3M across retail, financial services, travel, and telecommunications verticals. Founder and CEO Mario Ciabarra noted revenue nearly doubled in 2020 amid pandemic-driven demand for improved ecommerce and digital customer service. The round reflects surging customer demand during economic downturns, positioning Quantum Metric to create a system of record for digital experiences akin to Salesforce for customer records. Insight Partners' Lonne Jaffe highlighted the shift from optional to essential adoption of such analytics. |
| Sep 2018 | Series A | Insight Partners (lead) | $25M | - | Quantum Metric raised a $25 million Series A round in September 2018 led by Insight Partners, with participation from Bain Capital Ventures and Hangar 51. The funding was intended to enhance product design analytics and expand sales and engineering teams. This followed prior seed funding and preceded a $25 million debt facility in 2020 and a $200 million Series B in January 2021. Quantum Metric provides a SaaS platform for continuous digital product design, helping enterprises analyze real-time user data to improve websites and apps. Clients include major brands in retail, travel, and other sectors. The company, founded in 2015 and based in Colorado Springs, Colorado, achieved unicorn status in 2021 with over $1 billion valuation after the Series B led by Insight Partners. |
| Aug 2017 | Seed | Bain Capital Ventures (lead) | $1M | - | - |
Who has invested in Quantum Metric?
6 investors have backed Quantum Metric across its funding rounds, including Insight Partners, Bossa Invest, Bain Capital Ventures, Endeavor Catalyst, Uncorrelated Ventures and NextGen Venture Partners.
Lead investors include Insight Partners and Bain Capital Ventures.
Quantum Metric Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 2 | Lead | Sep 2018 | ||
| 1 | Participant | Jan 2021 | ||
| 1 | Participant | Jan 2021 | ||
| 1 | Lead | Aug 2017 | ||
This data is available for Pro users. Sign up to see all 6 Quantum Metric investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialQuantum Metric Competitors
Quantum Metric competitors include listed companies like Vista Group and Amagi Media Labs, and private ones like iSpot.tv, Tezign, Descript and Pixellot.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $94M | $5M | $381M | 3.8x | ||
| Private | $75M | - | $1B | 13.3x | ||
| Private | - | - | $1B | - | ||
| Private | $100M | - | $550M | 5.5x | ||
| Private | $50M | - | $500M | 10.0x | ||
| Publicly listed | $157M | $8M | $1.3B | 6.3x |
Quantum Metric Public Comps
Quantum Metric is still privately-owned, but its public comps include Beijing Join-Cheer, Harmonic, Clarivate, Red Violet, WingArc1st, Similarweb, Amagi Media Labs, Cognyte Software, Plus Alpha Consulting and Latent View Analytics.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $386M | $11M | 1.9x | - | 68.9x | - | |||
| $361M | $24M | 3.0x | 2.3x | 46.2x | 11.9x | |||
| $2.5B | $829M | 2.1x | 2.2x | 6.3x | 5.3x | |||
| $90M | $24M | 13.2x | 11.7x | 50.0x | 31.7x | |||
| $199M | $70M | 3.5x | 3.3x | 10.0x | 10.5x | |||
| $283M | ($15M) | 2.5x | 2.3x | (48.6x) | 26.2x | |||
| $157M | $8M | 7.2x | 6.3x | 145.2x | 75.9x | |||
| $400M | $21M | 1.5x | 1.4x | 27.6x | 9.8x | |||
This data is available for Pro users. Sign up to see all Quantum Metric competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Quantum Metric
| When was Quantum Metric founded? | Quantum Metric was founded in 2015. |
| Where is Quantum Metric headquartered? | Quantum Metric is headquartered in Colorado Springs, CO, United States. |
| Is Quantum Metric publicly listed? | No, Quantum Metric is a private, VC-backed company. |
| What is Quantum Metric's valuation? | Quantum Metric was last valued at $1B in its Series B in January 2021. |
| How much funding has Quantum Metric raised? | Quantum Metric has raised $226M across 3 funding rounds. |
| What was Quantum Metric's last funding round? | Quantum Metric's last funding round was a $200M Series B in January 2021, led by Insight Partners. |
| Who are Quantum Metric's investors? | Quantum Metric's investors include Insight Partners, Uncorrelated Ventures, Endeavor Catalyst, Bain Capital Ventures, Bossa Invest and NextGen Venture Partners. |
| Which companies are comparable to Quantum Metric? | Companies comparable to Quantum Metric include Vista Group, iSpot.tv, Tezign, Descript, Pixellot and Amagi Media Labs. |
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