Swiss QualiQuest AG closes series A financing round

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01.03.2017

The Bern based software startup Swiss QualiQuest AG, offering a Software-as-a-Service platform for managing reviews, has raised a seven digit sum from Wineus investors to close its series A round. The funds will be used to accelerate growth and distribution in Switzerland.

Authentic reviews and recommendations are quickly becoming the essential factor for small- and medium-sized enterprises in the fight for new customers and talented employees. With over 90 % stating to occasionally or regularly read reviews, a majority of buying and employment decisions is influenced by recommendations.

Swiss QualiQuest has developed and introduced a software-as-a-service solution for holistic recommendation management. The platform provides tools that allow users to generate, track and respond to client and employee reviews, while simultaneously offering effective and cost-efficient marketing and employer branding potential.

Swiss QualiQuest will use the new funds to accelerate sales ramp-up and distribution in Switzerland. Continuous product development based on extensions of the currently available product will allow Swiss QualiQuest to tap into the vast potential of the quickly growing review management market and cement its position as leading recommendation management platform in Switzerland. Wineus will actively support Swiss QualiQuest with two representatives on the board of the company.

(RAN)

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