Qualtrics

Qualtrics is a private research software company, based in Provo, Utah. The company was founded in 2002 by Scott M. Smith, Ryan Smith, Jared Smith and Stuart Orgill.

Qualtrics software enables users to do many kinds of online data collection[1] and analysis including market research, customer satisfaction and loyalty, product and concept testing, employee evaluations and website feedback.

In 2012, the company received a $70 million investment from Sequoia Capital and Accel Partners, the largest joint investment to date by these two firms.

In September 2014, Sequoia Capital and Accel Partners returned in Series B funding, led by Insight Venture Partners worth $150 million, a record for a Utah-based company.

Quantitative statistical analysis performed with Qualtrics is cited in a number of professional and academic journals.

Ryan Smith co-founded Qualtrics in 2002 with the goal of making sophisticated research simple. As CEO, he has grown the company from a basement startup to one of the fastest-growing technology companies in the world. Qualtrics has more than 7,000 enterprise customers including half of the Fortune 100, 1,600 colleges and universities worldwide, and 99 of the top 100 business schools. In 2012, Qualtrics received a $70 million investment from Accel Partners and Sequoia Capital, the largest-ever joint investment by these two firms. Additional funding was secured in 2014 to support the company’s continued product innovation and rapid international expansion. Insight Venture Partners led this $150 million round of new investment, with significant participation from original investors, Accel Partners and Sequoia Capital.