202118 Nov

Logik.io Announces Seed Funding Led by High Alpha to Build the Next Generation Enterprise Configuration Engine

Summary

As businesses build on the success they see with Salesforce CPQ in streamlining their Quote to Cash process, they are looking for ways to open up eCommerce selling channels and share accurate information with their ERP and supply chain applications. Logik.ios funding marks a significant moment for the CPQ category, as the companys founding team carries over 100 years of combined experience in the industry, led by CEO Christopher Shutts and Executive Chairman Godard Abel. Purpose-built to complement and enhance Salesforce CPQ and E-commerce platforms, Logik.io delivers a headless solution with premium speed and performance, a proprietary solving engine, and a simple and intuitive admin experience. To date, High Alpha has raised $260M across three funds and has launched and invested in more than 60 cloud startups, including Attentive, SalesLoft, Zylo, Terminus, The Mom Project, Rheaply, LogicGate, MetaCX, Mandolin, G2, Narvar, project44 and more. Portfolio companies receive funding, strategic advisory, and operating support, and can easily join Pledge 1% to make giving back part of their business model.

Source: Prnewswire

Funding

$10M
Amount
Nov 18 2021
Date
-
Investor
Logik.io
Company

Classifications

Companies