Funding round
DTiQ Growth
Reported as "Growth Equity"
DTiQ, which works in digital business innovation solutions in Marlborough, raised $145M in a Growth round announced on 9 Oct 2024. 1 firm took part. It is DTiQ's second venture round on record; the one before was a Growth in Dec 2021.
$145M
Amount raised
Not disclosed
Post-money valuation
1
Investors
no lead named
Valuation
What this round says about the price
DTiQ did not disclose a valuation in this round. It came 34 months after DTiQ's Growth. It is 42% of the $345M DTiQ has raised in the venture rounds on record. No later venture round is on record for DTiQ.
DTiQ's funding rounds
DTiQ has 2 venture rounds on record and 1 other deal. This one is highlighted.
- Debt not a venture round 9 Jan 2018, led by Capital One and CapitalSource $80M
- Growth 9 Dec 2021, led by Digital Alpha Advisors $200M
- Growth this round 9 Oct 2024 $145M
Investors
Who put money in
1 firm took part; no lead investor was named.
Investors
- backs 70 venture-backed companies new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to product development, geographic expansion, sales and marketing, scaling operations and working capital.
- Product development
- Geographic expansion
- Sales and marketing
- Scaling operations
- Working capital
Comparable rounds
How it compares
The closest in time: 1 in Alarms, Surveillance & Security Systems, then Growth rounds in any sector within 6 months:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Alarms, Surveillance & Security Systems | 23 Jun 2025 | $4.5M | not disclosed | Next Coast Ventures |
| OpenAI Tech Companies | 2 Oct 2024 | $6.60B | $157.00B | Thrive Capital |
| BNZ Wind Energy Equipment & Services | 23 Oct 2024 | $744M | not disclosed | not named |
| KoBold Metals Mining & Gas Exploration | 1 Oct 2024 | $492M | $2.00B | not named |
| Arise IIP Business Consulting | 1 Oct 2024 | $443M | not disclosed | not named |
| Media Companies | 16 Oct 2024 | $400M | not disclosed | not named |
| Vinted Salvage Merchandise & Thrift Stores | 24 Oct 2024 | $367M | $5.40B | TPG |
| Real Estate Rental | 21 Oct 2024 | $350M | not disclosed | not named |
Sources
Where this comes from
Reported by 5 sources.
Questions
Frequently asked
How much did DTiQ raise in its Growth round?
DTiQ raised $145M in its Growth round, announced in Oct 2024.
Which investors took part in DTiQ's Growth round?
Bain Capital.
What was DTiQ's valuation at the Growth round?
It was not disclosed.