Fundz

Qorusdocs Secures $10 Million To Support Accelerated Demand For Proposal Management Software

PRIVATEOct 04, 2022

Amount Raised

$10 Million

Round Type

Funding Round

BellevueSoftwareArtificial IntelligenceMachine LearningSaaS

Description

QorusDocs, a global leader in the RFP and proposal management software industry, today announced it secured $10 million in additional funding led by WestRiver Group. The new investment will be used to address increasing customer demand for QorusDocs' proposal management software in growing verticals, such as legal, IT services and staffing.

Who else raised in SaaS and Software around the same time

Companies in the same sectors as QorusDocs that raised within 45 days of this round, from Fundz verified event records.

  • Namecoach raised $8M (Series A) on November 17, 2022.
  • Frame Ai raised $7.6M on November 14, 2022.
  • CoLabs QOF raised $2.3M (Seed) on November 1, 2022.
  • Tellius raised $16M (Funding Round) on October 20, 2022.
  • Automation Anywhere, Inc. raised $200M (Funding Round) on October 3, 2022.
  • Brightflow AI raised $15M (Series A) on September 21, 2022.

Who to call at QorusDocs, and when

A new round usually means QorusDocs is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day QorusDocs raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at QorusDocs, from your own LinkedIn network

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Company Information

Company

QorusDocs

Location

Bellevue, Washington, United States

About

Starting as a three-person team based in Cape Town, South Africa, QorusDocs is now humbly known as an award-winning proposal management and RFP response software company that is passionate about our clients and partners. Our smart solution is intuitive and easy-to-adopt, enabling you and your team to create personalized, professional-looking documents directly from your familiar Microsoft Office apps and popular CRM systems. With QorusDocs, your RFP, RFI, and RFQ responses, pitches, presentations, security questionnaires, and SOWs will be created from a single source of truth and completed in minutes or hours instead of days.

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Fundz sees it the moment QorusDocs raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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QorusDocs raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.