QuoteMachine provides retail sales software that turns in-store or online conversations into transactions via transactional microsites, enabling quoting, ordering, invoicing and payment capture. The platform supports complex, high-touch sales workflows and integrates with Shopify, Lightspeed Commerce, and the Intuit Developer Platform. The company handles roughly $40 million in gross merchandise value on a monthly basis, and about 60% of supported sales conversations convert to sales. Approximately 70% of QuoteMachine’s merchants are in the United States, and the team has more than doubled in size over the past six months. QuoteMachine plans to use new capital to launch new payment solutions, add inventory management capabilities to better empower salespeople, and grow its go-to-market teams. The company positions itself to be the primary sales software for SMB commerce that places the human touch at the center of the sales experience. QuoteMachine builds a platform that enables retailers to provide personalized, human-led sales support in-store, online, or via hybrid workflows. The product integrates with retail software such as Lightspeed to let sales associates start conversations online or close in-person-initiated conversations digitally. Merchants using QuoteMachine through Lightspeed have seen large sales increases, closing 70% of conversations backed by the platform and reporting higher customer satisfaction. The company raised CA$1 million in a financing round led by Telegraph Hill Cap with participation from Maple Leaf Angels’ MLA48 III, Real Ventures, and other business angels. QuoteMachine plans to use the funding to grow its team, deepen its offering, and expand partnerships beyond Lightspeed to other retail software platforms. The company is also working to broaden communication channels (online chat, messaging apps, video) and support post‑COVID trends such as appointment-based shopping and in-store pickup.

Total raised

$5M

Funding rounds

2

Latest round

Seed

Latest activity

Oct 2023