Illinois-based B2B commerce technology firm Logik.io has raised a $16M Series A funding round led by Emergence Capital.

 

Illinois-based B2B commerce technology firm Logik.io has raised a $16M Series A funding round led by Emergence Capital.  

The company is looking to consumerize B2B buying experiences by simplifying the processes of discovering, configuring, and recommending products. 

  • Logik's Commerce Logic Engine technology enables businesses to sell their products and services more effectively via direct sales teams and digital commerce channels while providing more guided, flexible, and interactive selling experiences. 
  • According to its website, Logik offers specific solutions for CPQ, commerce, marketing, channels, and Salesforce CPQ Configurator. 
  • Among Logik's clients are Palo Alto Networks, Keysight Technologies, Club Car, Lamons, and many others. 
  • The company recently reported over 500% YoY growth and plans to use its latest investment to expand its market strategy.

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