Qsic, an Australia-based provider of in-house audio platform for retail media, has raised $25 million in Series B funding.
Investors
The round was led by Hedosophia, a venture capital investment firm founded in 2012 and based in London, United Kingdom. The firm supports category-defining technology companies.
Qsic Use of Funds
The funds will be used to expand its AI-powered in-store audio platform into new retail locations, accelerate product development, and scale its sales team.
About Qsic
Qsic is a global intelligent in-store audio platform that leverages data and AI to streamline the planning process, enhance the impact of audio, and provide measurable insights. The company offers AI-powered, data-driven audio solutions that deliver personalized and dynamic in-store messaging based on shopper behavior, local data, and real-time conditions. Qsic serves major retailers and QSRs, including 7-Eleven, Coles Express, and McDonald's.
Funding Details
Company: Qsic
Raised: $25.0M
Round: Series B
Funding Date: January 2025
Lead Investor: Hedosophia
Additional Investors:
Company Website: https://www.getqsic.com/
Software Category: AI In-Store Audio Solutions
Source: https://www.globenewswire.com/news-release/2025/01/28/3016356/0/en/Qsic-Secures-25-Million-USD-in-Series-B-Funding-to-Reinvent-In-Store-Audio-For-Retail-Media.html