Market Research Software Platform Suzy Raises $50 Million In Series D Financing

▤ Summary

Suzy, a leading market research software platform, announced today the closing of a $50 million Series D funding round led by H.I.G. In only three years since its 2018 launch, Suzy has now surpassed $25 million in annual recurring revenue in a faster timeframe than some of the world’s most valuable software companies, including Shopify, ServiceNow, and Twilio. Following a $34 million Series C round closed last fall, the company launched Suzy Live, the only in-market solution that allows enterprise customers to connect quantitative research with qualitative in-depth virtual consumer interviews. “Today’s businesses are no longer built from the mandates in the boardroom, but from the voices on the sidewalks where the rapidly evolving preferences and behaviors of the new consumer is driving tomorrow’s successes and failures. Growth Partners to our already prestigious group of investors and advisors helping to guide this meaningful journey.” With this funding round, Eric Tencer, Managing Director of H.I.G.

$ Funding

▦ Linked Companies

Suzy, Inc.

$10M to $25M