Questis Closes Angel Note Round at $2.8MM

January 13, 2016 No comments | Back To Home

CHARLESTON, S.C. (January 13, 2016) Questis has announced the close of its Angel Investor debt financing round. The company, which in the last two years has evolved from being a traditional financial advisory firm to a Financial Wellness platform, has focused the use of the funding on software development. Now that the company has launched its product, it is focusing on sales, channel partners, and closing an A Round of venture financing.
Questis’s funding up to this point has come from Angel Investors primarily within the Charleston area. The funding has allowed the company to build its product to the point that the product is ready to be launched. Now that the company’s flagship product “Financial HR” has completed Beta testing it is ready to be driven towards the company’s primary market: companies with a focus on culture, employee engagement, and high performance. Having the product ready for the market also means that Questis can approach channel partners within the Finance and HR world, adding value to the partner’s offerings while driving users towards the platform.
The next stage for the company will be scaling the product, driving sales, and moving into an A Round of financing from venture capital firms. “The market has confirmed our hypothesis again and again, so all that’s left is to get the word out. We are excited to move the product forward and get exposure”, said Steve Wilbourne, CEO of Questis. The A Round money will be used to continue development of the product and support the marketing and sales plan so the company can obtain exponential growth.
About Questis
Questis is a Financial Wellness platform that provides guidance to employers and employees using software and credentialed advisers. The company measures behaviors, sets goals and automates investing. Blending personalized advice, education, and leading-edge technology–backed by a science-based, academic approach to portfolio management and financial planning–Questis focuses on personal coaching to help employees handle their money so they can be engaged at the workplace.
Learn more at www.myquestis.com.

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This entry was posted on Wednesday, January 13th, 2016 at 8:00 am and is filed under Compensation/Incentive Programs, Employee Benefits, General HR, HR Technology. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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