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Qualtrics' mission is to turn one-time customers into loyal fans through advanced experience management platform. Its SaaS solution helps brands to assess the quality of their experiences across multiple touchpoint to optimise every step of the customer journey.
22% employee growth in 12 months
Qualtrics is a leading experience management company that offers cloud-based subscription software to a substantial client list including Yamaha, BMW, and Microsoft - as well as over 75% of the Fortune 100. They aim to design and improve experiences for customers, brands, and employees.
Companies are under increasing pressure nowadays to curate strong and positive experiences in order to stay competitive. This is reflected in the impressive 13% growth expected in the customer experience management industry between now and 2027. Qualtrics, with their strong cohort of big-name clients, is well positioned to take advantage of this. Moreover, experience management services may prove crucial to businesses looking to keep on top of shifting consumer and employee expectations post-pandemic. Qualtrics has already seen interest from brick-and-mortar stores looking to redefine their competitive edge as businesses re-open, suggesting that the pandemic has only consolidated the already growing role experience management plays in business operations.
With 2021 already bringing Qualtrics an IPO, along with plans to acquire AI analytics and conversation platform Clarabridge, their strong position in a growing market puts them in good stead going forward.
Kirsty
Company Specialist at Welcome to the Jungle
Jun 2023
$500m
GROWTH EQUITY VC
Apr 2017
$180m
SERIES C
This company has top investors
Ryan Smith
(Executive Chairman)Ryan worked in Brand Management for Ford Motor Company for 4 months before co-founding Qualtrics in 2002, serving initially as CEO and since 2020 as Executive Chairman.
Stuart Orgill
(Co-founder)Having worked at PwC for a year, Stuart co-founded Qualtrics in 2002. They left in 2019, having founded Double River Investments in December 2016.