DALLAS, TX, Qsic, the global intelligent in-store audio platform that elevates the in-store experience and drives incremental revenue, has closed a $25 million Series B funding round led by Hedosophia.
Powering in-store audio and retail media for leading retailers and QSRs like 7-Eleven, Coles Express and McDonald's to boost in-store sales, Qsic currently reaches more than 100 million shoppers at the point of purchase monthly, with more than 70,000 speakers set to deploy across North America over the next year. The funds will be used to support the expansion of its AI-powered in-store audio platform into new retail locations, accelerate product development and scale its sales team.
Qsic is the global intelligent in-store audio platform that uses data & AI to remove friction from the planning process and elevate and measure the impact of audio. Reaching over 100 million in-store shoppers monthly, Qsic helps retailers activate their Retail Media Networks by setting up, running and commercializing their audio assets. This extends from music curation, ad production and collateral to ad sales and price evaluation. Qsic has invested heavily in developing a patented method of measuring the impact of audio advertising on real-world in-store transactions. It is now a leading provider of AI technology that strategically leverages the power of audio to deliver better customer and sales experiences.
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