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Qik has raised $26.8M across 5 funding rounds.
Key people at Qik.
Qik has raised $26.8M in total across 5 funding rounds.
Qik develops and operates a mobile application facilitating live video streaming and sharing directly from smartphones. The platform allowed users to capture and broadcast video content in real-time, offering capabilities for instant sharing and viewing across various mobile devices. Its technology enabled a nascent form of mobile-first content creation, providing a streamlined experience for spontaneous video communication.
The company was founded in 2006 by Ramu Sunkara, Bhaskar Roy, and Nikolay Abkairov. Their initial insight stemmed from the growing ubiquity of camera-equipped mobile phones and the untapped potential for immediate, personal video communication. Recognizing the limitations of traditional video sharing methods, the founders set out to create an accessible, user-friendly solution that could transform how individuals shared their lives through live mobile video.
Qik served a broad user base eager to share authentic, in-the-moment experiences with friends and family. The company envisioned a world where distance was minimized through immediate visual connections, empowering individuals to broadcast events as they unfolded. Its long-term vision was to establish mobile live video as a pervasive and essential tool for personal interaction and content dissemination.
Key people at Qik.
Qik has raised $26.8M across 5 funding rounds. Most recently, it raised $6.3M Other Equity in January 2011.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jan 6, 2011 | $6.3M Venture Round | — | Almaz Capital, Quest Venture Partners | Announced |
| Jan 1, 2011 | $6M Series U | — | Inventus Capital Partners, Plug & Play Ventures, Quest Venture Partners | Announced |
| Jul 9, 2009 | $5.5M Venture Round | Justin Camp, Marcus Ogawa | — | Announced |
| Jul 1, 2009 | $6M Series C | — | Inventus Capital Partners, Plug & Play Ventures, Quest Venture Partners | Announced |
| Apr 1, 2008 | $3M Series B | — | Arjun Gupta, George Garrick, Marc Benioff | Announced |
# Qik: A Company with Multiple Identities
The search results reveal significant ambiguity around "Qik" as a company name, as it has referred to at least three distinct entities across different time periods and industries.
Qik Banco Digital Dominicano is a neobank subsidiary of Grupo Popular, the largest financial group in the Dominican Republic, launched in partnership with i2c Inc.[1] The neobank offers digital-first banking services through mobile platforms, providing both physical and virtual Mastercard consumer credit cards with contactless and digital payment capabilities.[1] It serves consumers seeking flexible, personalized banking experiences exclusively through mobile channels, addressing the demand for modern financial services in the Dominican market.[1]
The original Qik (2006–2011) was a mobile video streaming platform that enabled users to record and share live video in real-time from their phones.[5] This company was acquired by Skype in January 2011.[2]
A third entity, Qik Meeting, is a unified business communication and collaboration platform founded in India around 2021, offering AI-powered meeting rooms, scheduling, and workplace organization tools.[3]
The Dominican neobank Qik emerged from Grupo Popular's strategic initiative to modernize financial services in the Dominican Republic. Announced on November 28, 2022, the partnership between Grupo Popular and i2c Inc. positioned Qik as the nation's first neobank, designed to "revolutionize the national financial system" by delivering global banking trends to local consumers.[1] Leadership includes Arturo Grullón Finet as general manager and CEO, with i2c founder and CEO Amir Wain driving the technology partnership.[1]
The original Qik video platform, founded in 2006, gained traction as mobile video consumption accelerated but was ultimately acquired by Skype as the company pivoted its strategy.[2]
For Qik Banco Digital Dominicano:
Qik Banco Digital Dominicano represents the growing wave of neobanks disrupting traditional banking in emerging markets. The Dominican Republic's largest financial institution partnering with a fintech innovator signals institutional recognition that digital-native banking is essential for competitive survival. This trend reflects broader market forces: increasing smartphone penetration, demand for frictionless financial services, and the viability of cloud-based banking infrastructure in Latin America.
Qik's success will depend on achieving meaningful adoption among Dominican consumers accustomed to traditional banking relationships. The neobank's competitive advantage lies in Grupo Popular's distribution reach combined with i2c's modern technology stack—a combination that could establish a template for other regional financial institutions seeking digital transformation. As mobile banking becomes the default expectation globally, Qik's ability to deliver reliability, speed, and personalization will determine whether it becomes a market leader or a cautionary tale about legacy institutions entering new channels.
Qik has raised $26.8M in total across 5 funding rounds.
Qik's investors include Almaz Capital, Quest Venture Partners, Inventus Capital Partners, Plug & Play Ventures, Justin Camp, Marcus Ogawa, Arjun Gupta, George Garrick, Marc Benioff.
