QuoteMachine is a technology company.
QuoteMachine has raised $4.0M across 1 funding round.
QuoteMachine has raised $4.0M in total across 1 funding round.
QuoteMachine is a Montreal-based commerce software company founded in 2018 that provides an integrated platform for retailers handling complex, big-ticket sales.[1][2] It builds tools for interactive quoting, invoicing, order fulfillment, inventory management, payments, and more, serving specialty retailers like home renovation, pool and spa, kitchen/bathroom, furniture, jewelry, and sporting goods businesses.[3][6] The platform solves pain points in custom sales by streamlining processes, integrating inventory in real-time, enabling online quoting to save time and build customer trust, and delivering personalized experiences that boost sales conversion.[2][3][4] With under 25 employees and less than $5 million in revenue and funding across two rounds, QuoteMachine shows steady growth, including a 2023 integration with the Intuit Developer Platform to reach millions of North American business owners.[1]
QuoteMachine was founded in 2018 by retail software veterans JD and Jonathan, who drew from over a decade of industry experience to address key retailer challenges.[2] Headquartered at 1250 Rue Guy, Appartement 600 in Montreal, Quebec, the company emerged from their belief that human relationships should remain central to retail amid digital shifts.[1][2] Early focus centered on optimizing complex sales processes, leading to pivotal traction like helping retailers increase sales and the 2023 Intuit platform launch, which expanded its reach for advanced sales solutions.[1][2]
QuoteMachine rides the trend of digital transformation in specialty retail, where independent merchants shift big-ticket, custom sales online amid e-commerce growth and supply chain pressures.[2][4] Timing aligns with post-pandemic demand for integrated commerce tools that blend physical and digital experiences, countering competition from giants like Amazon by prioritizing human-centric personalization.[2][3] Market forces like rising inventory costs and customer expectations for transparency favor its real-time tracking and trust-building features, while integrations like Intuit amplify reach in North America.[1] It influences the ecosystem by empowering small retailers to compete, fostering innovation in verticals like home improvement and fostering a network of adaptive, sales-optimized businesses.[6]
QuoteMachine is poised to scale through deeper platform integrations and expansion into more retail verticals, capitalizing on AI-driven personalization and omnichannel trends to drive higher adoption among independents.[1][3] Evolving e-commerce regulations and sustainability-focused inventory tools could shape its path, potentially attracting acquisition interest from larger players like Lightspeed (hinted in branding).[6] Its influence may grow by rehumanizing commerce, turning niche retailers into resilient digital leaders—echoing its founding mission to keep relationships at retail's core.[2]
QuoteMachine has raised $4.0M in total across 1 funding round.
QuoteMachine's investors include Alkeon Capital, BrandProject, Canaan Partners, Caravela Capital, Clocktower Technology Ventures, EVE Atlas, FJ Labs, foobar.vc, Mathias Schilling, Manresa Ventures, MATH Venture Partners, Northside Ventures.
QuoteMachine has raised $4.0M across 1 funding round. Most recently, it raised $4.0M Seed in October 2023.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Oct 1, 2023 | $4.0M Seed | Alkeon Capital, BrandProject, Canaan Partners, Caravela Capital, Clocktower Technology Ventures, EVE Atlas, FJ Labs, foobar.vc, Mathias Schilling, Manresa Ventures, MATH Venture Partners, Northside Ventures, Precursor Ventures, Quona Capital, Rainfall Ventures, Red Sea Ventures, Staircase Ventures, Susa Ventures, The Finger Group, Todd and Rahul's Angel Fund, Brian Sugar, Christian Bach, Heini Zachariassen, Jacob Kerzner, Parker Treacy |