
iqLicense
IQ License is an online marketplace that connects brands and manufacturers, allowing manufacturers to apply for licensing opportunities on their online platform.
Date | Investors | Amount | Round |
---|---|---|---|
N/A | Seed | ||
Total Funding | 000k |
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iQ License operated as an online platform within the legal services and social/platform software industries, specifically targeting the licensing sector. Founded in 2013 and headquartered in New York, NY, the company aimed to create a network connecting brands with manufacturers and retailers across the globe. The core of its business was to provide a marketplace where manufacturers could discover and apply for licensing opportunities with various brands.
The company's platform was designed to streamline the workflow and application processes for both licensors (brands) and licensees (manufacturers). For licensors, it offered a channel to find suitable partners to produce and distribute licensed products. For licensees, it provided access to a curated selection of brands to expand their product offerings. The business model centered on facilitating these connections, typical of a marketplace platform. While specific revenue streams are not detailed, platforms in this space often generate income through fees for listings, successful partnerships, or premium features that enhance visibility and process efficiency.
iQ License secured a Seed Round of funding on July 22, 2014, indicating early-stage investor confidence in its model. However, the company has since gone out of business, with its status officially marked as such on June 1, 2016. At its peak, the company had 16 employees. The platform served the manufacturing and TMT (Technology, Media, and Telecom) verticals.
Keywords: online licensing platform, brand licensing, intellectual property marketplace, licensor-licensee network, product licensing, manufacturing partnerships, retail licensing, brand extension, licensing industry, legal services software, social software, B2B marketplace, licensing workflow, application management, brand collaboration, intellectual property monetization, seed funding, New York startup, TMT industry, manufacturing licensing