Logik.io is a technology company.
Logik.ai is an AI-native Configure Price Quote (CPQ) platform that enhances sales productivity by streamlining complex selling processes across various channels.
Logik.io has raised $51.0M across 3 funding rounds.
Logik.io has raised $51.0M in total across 3 funding rounds.
Logik.ai (formerly Logik.io) is a technology company building an AI-powered, composable Configure, Price, Quote (CPQ) platform that simplifies complex sales processes for businesses selling intricate products and services across omnichannel environments.[1][2][4][6] It enhances Salesforce CPQ and eCommerce apps with a headless configuration engine, proprietary solving engine for lightning-fast performance, attribute-based selling, and embedded AI for personalized recommendations, admin automation, and real-time sales guidance, serving industries like high tech, health & life sciences, and services.[1][2][3][4] The platform drives sales productivity, accelerates go-to-market, and enables self-serve B2B eCommerce by handling tens of thousands of options and rules while generating bills of materials for ERP integration.[1][2] Logik.ai has demonstrated strong growth momentum, achieving over 100% year-over-year revenue growth for three consecutive years as of January 2025, fueled by demand for its first-to-market AI capabilities.[4]
Logik.ai was founded in 2021 by CPQ industry veterans Christopher Shutts (CEO and co-founder) and Godard Abel (Executive Chairman and co-founder), who together pioneered the CPQ category over two decades ago by creating BigMachines in 2000 (acquired by Oracle) and Steelbrick (acquired by Salesforce).[1][4][5][7] With over 100 years of combined experience from their founding team, they identified gaps in legacy CPQ systems—such as slow performance, complex administration, and limited omnichannel flexibility—and launched Logik.ai to deliver a next-generation, headless configuration engine that complements Salesforce CPQ while enabling faster selling and easier maintenance.[1][5] Early traction stemmed from this expertise, positioning the company as a well-funded startup disrupting the space it helped invent, with a Chicago office and rapid expansion.[4][7]
Logik.ai rides the wave of AI-driven sales transformation and composable commerce, addressing legacy CPQ limitations amid rising demands for omnichannel, self-serve experiences that match consumer-grade speed and personalization.[1][2][5][6] Its timing aligns with explosive growth in complex B2B sales—fueled by eCommerce expansion, regulated industries like health tech, and high-tech innovation—where traditional tools falter on performance and scalability.[3][4] Market forces like AI adoption in enterprise software and the shift to headless architectures favor Logik.ai, enabling faster GTM for product updates (minutes vs. weeks) and higher sales velocity.[2][4] By redefining CPQ as an intelligent, extensible platform from its originators, it influences the ecosystem through ServiceNow integration, venture backing, and triple-digit growth, pushing competitors toward AI and composability.[4][6][7]
Logik.ai is primed to dominate AI-powered CPQ with its pioneer pedigree, relentless growth, and expanding Logik AI features that unlock productivity in complex transactions.[4][6] Trends like agentic AI, deeper ERP/commerce integrations, and regulated industry digitization will propel it, potentially capturing more market share in high-tech and life sciences as omnichannel selling becomes table stakes.[2][3][4] Its influence may evolve through acquisitions, global scaling, or platform extensions, solidifying its role in re-configuring sales tech from the ground up—much like its founders did two decades ago.[1][5][7]
Logik.io has raised $51.0M in total across 3 funding rounds.
Logik.io's investors include Emergence Capital, Forum Ventures, GTMFund, High Alpha, Dan Wright, Jon Runyan.
Logik.io has raised $51.0M across 3 funding rounds. Most recently, it raised $25.0M Series B in October 2024.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Oct 1, 2024 | $25.0M Series B | Emergence Capital, Forum Ventures, GTMFund, High Alpha, Dan Wright, Jon Runyan | |
| May 1, 2023 | $16.0M Series A | Emergence Capital, Forum Ventures, GTMFund, High Alpha, Dan Wright, Jon Runyan | |
| Nov 1, 2021 | $10.0M Seed | Emergence Capital, Forum Ventures, GTMFund, High Alpha, Dan Wright, Jon Runyan |