Logik.io offers an AI-powered, composable CPQ platform that combines advanced product configuration, discovery, and recommendation engines with a centralized transaction management hub for omnichannel commerce. The company positions its product to consumerize enterprise selling experiences and deliver omnichannel commerce solutions. It plans to use new funding to further innovate its composable, AI-enabled CPQ platform and to fuel growth and innovation. Logik.io has opened new offices in Bengaluru and announced partnerships with Adobe and Shopify. Key customers named include Lamons, Keysight Technologies, and CORT. The company was founded in 2021 and is based in Deerfield, Illinois. Logik.io offers a Commerce Logic Engine that consumerizes B2B buying by providing intelligent guided product discovery, configuration, and recommendations across marketing, selling, commerce, and service channels. The platform is used to augment CPQ, e-commerce, and online product configuration, and launched its Commerce Logic Engine in 2021. Logik.io's customers include enterprise and manufacturing brands such as Keysight Technologies, CORT, Fike, Club Car, Lamons, and Palo Alto Networks; more than half of its customers are publicly traded with an average market capitalization above $25 billion. The company reported over 500% year-over-year growth prior to the raise. With this funding, Logik.io plans to expand its technology to enable smarter marketing and lead generation, e-commerce transactions, enhanced sales/CPQ experiences, and service configuration and quoting. The business is led by CPQ veterans Christopher Shutts (CEO) and Godard Abel (Executive Chairman).

Total raised

$41M

Funding rounds

2

Latest round

Series B

Latest activity

Oct 2024