DTiQ Secures $145 Million in Funding
DTiQ, a Framingham, MA-based provider of SaaS-based video, analytics, and optimization solutions, has secured $145 million in growth funding.
The investment came from Bain Capital’s Private Credit Group, a global credit specialist managing approximately $48 billion in assets. Bain Capital Credit invests across the credit spectrum, including leveraged loans, high-yield bonds, and private middle-market loans. Beyond credit, Bain Capital invests in private equity, public equity, venture capital, real estate, life sciences, and insurance, leveraging its broad platform for strategic opportunities.
The funding will accelerate innovation in AI and computer vision for enhanced business insights and automation while expanding DTiQ’s SaaS offerings and market reach.
DTiQ offers state-of-the-art SaaS video surveillance, analytics, and next-generation drive-thru solutions to improve loss prevention and operational excellence at multi-location Quick Service and Table Service Restaurants, retail, and convenience store locations. Their solutions help operators enhance operational efficiency, customer service, security, and overall business performance. DTiQ serves over 37,000 locations across the Americas, Europe, and Australia/New Zealand, including notable brands like Adidas, Burger King, Crocs, Dairy Queen, Dunkin', GNC, McDonald’s, Subway, Swarovski, Taco Bell, Vineyard Vines, and Yankee Candle.
Funding Details
Company: DTiQ Technologies, Inc.
Raised: $145.0M
Round: Growth
Funding Date: October 2024
Investor: Bain Capital’s Private Credit Group
Company Website: https://www.dtiq.com/
Software Category: AI Video and Data Solutions