Fundraising FoxLogik
acquired by ServiceNowLibertyville, US · Founded 2021 · 6 known investors
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Acquired by ServiceNow May 2025 · terms undisclosed · source ↗
Logik.ai developed an AI-powered, headless Configure-Price-Quote (CPQ) platform helping B2B companies streamline complex sales and quoting processes.
Founders & leadership
Logik was founded in 2021 by Christopher Shutts and Jeffrey Wilkins.
Investors · 6
How we know: Emergence Capital Partners's portfolio page · board seat on SEC Form D · prnewswire.com · open dataset · 5k.vc investor directory · Not right? Tell us
How we know: High Alpha's portfolio page · board seat on SEC Form D · funding news · prnewswire.com · the VCSheet dataset · Not right? Tell us
How we know: prnewswire.com · Not right? Tell us
How we know: funding news · prnewswire.com · Not right? Tell us
Also in the syndicate · 1
Funding
SEC filings, press & company announcements$53.5M disclosed across 4 of 8 rounds · 2021–2024
- $25MSeries BOct 2024 · 2 sources
Emergence Capital, GoBig, High Alpha, Permanent Capital, Salesforce Ventures, ServiceNow Ventures
Source ↗ - Undisclosed amountSeries AMay 2023Source ↗
- Undisclosed amountseed fundingNov 2021
High Alpha (lead), Salesforce Ventures
Source ↗
▶$15.7MraisedMay 2023 · 19 investors · Other TechnologyRule 506(b)
- Christopher ShuttsExecutive Officer, Director
- Scott DorseyDirector
- Godard AbelDirector
- Santi SubotovskyDirector
- Offering amount
- $15.7M
- Amount sold
- $15.7M
- First sale
- Apr 2023
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$10.2MraisedNov 2021 · 22 investors · Other TechnologyRule 506(b)
- Scott DorseyDirector
- Godard AbelExecutive Officer, Director
- Christopher ShuttsExecutive Officer, Director
- Offering amount
- $10.2M
- Amount sold
- $10.2M
- First sale
- Oct 2021
- Incorporated
- Corporation, Delaware, 2021
- Federal exemptions
- 06b
▶$2.6MraisedNov 2021 · 8 investors · Other TechnologyRule 506(b)
- Godard AbelExecutive Officer, Director
- Christopher ShuttsExecutive Officer, Director
- Offering amount
- $2.6M
- Amount sold
- $2.6M
- First sale
- Mar 2021
- Incorporated
- Corporation, Delaware, 2021
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
In the news
Frequently asked questions
- What does Logik do?
- Logik.ai developed an AI-powered, headless Configure-Price-Quote (CPQ) platform helping B2B companies streamline complex sales and quoting processes.
- Who founded Logik?
- Logik was founded by Christopher Shutts, Jeffrey Wilkins in 2021.
- Who are Logik's investors?
- Logik's investors include Emergence Capital Partners, High Alpha, Permanent Capital Ventures, Salesforce Ventures, ServiceNow Ventures.
- How much funding has Logik raised?
- Logik has disclosed $53.5M raised across 4 of its 8 known rounds.
- Who acquired Logik?
- Logik was acquired by ServiceNow.
- Where is Logik headquartered?
- Logik is headquartered in Libertyville, US.