Recognition Positions Qualtrics Among the World's Most Valuable Private Tech Companies, Landing in the Top 40
PROVO, Utah--(BUSINESS WIRE)-- Qualtrics:
Qualtrics is ranked #39 on the annual Digital 100 list of the World's Most Valuable Private Tech Companies. Valuations are based on revenue, users, market opportunities, growth rates, and the perception of the company by investors and tech gurus.
Topping the list is China’s Alibaba Ltd. with an estimated value of $40 billion, followed by Bloomberg at $35 billion, and Twitter in third with an estimated value of $5.2 billion.
Qualtrics was previously featured as one of Business Insider’s “Next 25 Big Enterprise Startups” in July of this year. The list was comprised after surveying top enterprise VCs to find out which startups they were most excited about.
As a worldwide leader in enterprise data collection and analysis, Qualtrics works with many of the world’s most iconic brands in every major industry category, including more than half of the Fortune 100 companies. Clients include Chevron, CVS ESPN, E*TRADE Financial, FedEx, GEICO, Microsoft, Neiman Marcus, Royal Caribbean, Southwest Airlines, Thomson Reuters, Vodafone and Zappos, among others. Qualtrics has had triple-digit revenue growth for the past four years and raised an unprecedented $70 million in funding from Accel Partners and Sequoia Capital in May of this year. This was the largest-ever joint investment by these two firms, and marked the largest first-round funding for a software company since 2008.
Qualtrics CEO and Co-founder Ryan Smith (based in Provo, UT) is available for interviews.
Qualtrics, CEO and Co-founder, Ryan Smith: “Being featured in the top 40 companies of Business Insider’s top 100 private tech companies is a testament to the decade of hard work we’ve put into building Qualtrics,” said Ryan Smith, CEO and co-founder of Qualtrics. “It’s great to see that our work with our more than 4,700 enterprise customers has landed us amongst companies like Twitter, Dropbox, and Square.”
SutherlandGold for Qualtrics
Lyndsey Besser, 650-995-4563