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Qualtrics - About the company

Qualtrics is an acquired company based in Provo (United States), founded in 2002 by Ryan Smith and Stuart Orgill. It operates as a Provider of experience management software facilitating customer, employee, and market research. Qualtrics has raised $400M in funding from investors like Accel, Insight Partners and Sequoia Capital, with last known valuation of $12.5B. The company has 1961 active competitors, including 310 funded and 154 that have exited. Its top competitors include companies like Medallia, Genesys and Zendesk.

Company Details

Provider of experience management software facilitating customer, employee, and market research. The platform offers tools for designing products, improving employee engagement, and understanding customer feedback. It enables users to analyze data, identify trends, and implement strategies based on insights. The software aims to improve experiences across various touchpoints.
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Key Metrics
Founded Year
2002
Location
Stage
Acquired
Total Funding
$400M in 3 rounds
Latest Funding Round
Last Known Valuation
$12.5B as on Mar 13, 2023
Investors
Ranked
Employee Count
9,635 as on Aug 31, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Silver Lake (Mar 13, 2023)

Qualtrics's acquisition details

Qualtrics got acquired by Silver Lake, CPP Investments and Accel on Mar 13, 2023 at an acquisition amount of $*****.
Click here to take a look at Qualtrics's acquisition in detail
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Qualtrics's funding and investors

Qualtrics has raised a total funding of $400M over 3 rounds. Its first funding round was on May 15, 2012. Its latest funding round was a Series C round on Apr 12, 2017 for $180M. 3 investors participated in its latest round. Qualtrics has 12 institutional investors.

Here is the list of recent funding rounds of Qualtrics:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Apr 12, 2017
$180M
Series C
$2.5B
-
Sep 24, 2014
$150M
Series B
$1B
-
May 15, 2012
$70M
Series A
-
-
-
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Qualtrics' founders and board of directors

Founder? Claim Profile
The founders of Qualtrics are Ryan Smith and Stuart Orgill.
Here are the details of Qualtrics' key team members:

Qualtrics' employee count trend

Qualtrics has 9,635 employees as of Aug 26. Here is Qualtrics's employee count trend over the years:
Employee count trend for Qualtrics
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Qualtrics's Competitors and alternates

Top competitors of Qualtrics include Medallia, Genesys and Zendesk. Here is the list of Top 10 competitors of Qualtrics, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Medallia
Medallia
2001, Pleasanton (United States), Acquired
Provider of experience management software and related customer service solutions
$344M
81/100
2nd
Logo for Genesys
Genesys
1990, Menlo Park (United States), Acquired
Provider of cloud-based platform for customer experience and workforce engagement
$3B
80/100
3rd
Logo for Zendesk
Zendesk
2007, San Francisco (United States), Acquired
Cloud based customer service and engagement platform for businesses
$89.1M
79/100
4th
Logo for Pendo
Pendo
2013, Raleigh (United States), Series F
Provider of a platform for product experience and analytics management
$468M
78/100
5th
Logo for Exotel
Exotel
2011, Bengaluru (India), Series D
Provider of cloud-based communication platform offering AI-powered customer engagement solutions
$97.7M
77/100
6th
Logo for Qualtrics
Qualtrics
2002, Provo (United States), Acquired
Provider of experience management software facilitating customer, employee, and market research
$400M
76/100
7th
Logo for Culture Amp
Culture Amp
2009, Richmond (Australia), Series F
Employee experience management platform
$258M
73/100
8th
Logo for WorkJam
WorkJam
2014, Montreal (Canada), Series D
Provider of a platform for frontline workforce management and engagement
$167M
73/100
9th
Logo for Lattice
Lattice
2015, San Francisco (United States), Series F
Provider of a platform for managing employee performance, engagement, and compensation
$332M
73/100
10th
Logo for Fullstory
Fullstory
2014, Atlanta (United States), Series D
Provider of behavioral data analytics platform with AI-driven insights and automations
$196M
71/100
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Qualtrics's Investments and acquisitions

Qualtrics has not made any investments yet. Qualtrics has made 10 acquisitions.
Here is the list of latest three $acquisitions:lockFilter this list
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Oct 06, 2025
Acquisition
1984
South Bend (United States)
Jul 29, 2021
Acquisition
2006
Reston (United States)
Jul 20, 2021
Acquisition
2013
Seattle (United States)
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Reports related to Qualtrics

Here is the latest report on Qualtrics's sector:

News related to Qualtrics

lockFilter this list
Media has covered Qualtrics for a total of 25 events in the last 1 year, 9 of them have been about company updates and 2 about partnerships.
Financial Resilience Unexpected Expenses GuideMinnesota Spokesman-RecorderJul 14, 2026Qualtrics
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