Quid Inc.

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This article is about the company. For the currency, see Pound Sterling. For other uses, see Quid (disambiguation).
Quid Inc.
Company typePrivate
Founded2010; 16 years ago (2010)
SuccessorNetBase Quid
Headquarters
San Francisco, U.S.
Area served
San Francisco
New York City
London
Key people
Bob Goodson (CEO)
Number of employees
125
Websitewww.quid.com

Quid, Inc. is a private software and services company, specializing in text-based data analysis. Quid software claims it reads millions of documents (e.g. news articles, blog posts, company profiles, and patents) and offers insight by organizing that content visually.[1] The company is based in San Francisco with offices in New York City and London.[2]

Quid claimed two customer companies used Quid market landscapes for investment strategy.[3] It has since expanded its customer base.[4]

Quid, Inc. merged with the social analytics company NetBase on January 28, 2020.[5]

Customers

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The media has cited a handful of notable Quid clients including the Boston Consulting Group,[6] the Department of Defense,[7] the UN Global Pulse[8] +,[9] various political campaigns,[10][11] and the Knight Foundation.[12]

History

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Quid was founded in San Francisco in 2010.[13] In 2013, Quid was named by Fast Company as one of the World's Top 10 Most Innovative companies in Big Data.[14] In 2016, World Economic Forum presented Quid with their Technology Pioneers award[15] and IDC (International Data Corporation) named Quid a Top Innovator for the 2016 U.S. Financial Compliance and Risk Analytics Market.[16]

Fast Company partnered with Quid to assist in picking its annual Most Innovative Companies list in 2016.[17]

Quid has been quoted or used in stories by Fortune analyzing VC funding trends,[18] The Atlantic reporting coincidences collected by a University of Cambridge professor,[19] VentureBeat analyzing the media's backlash of Uber,[20] Wired diving into the language used at Presidential party conventions,[21] and more from outlets such as The Economist,[22] The New York Times,[23] Forbes,[24] and the San Francisco Chronicle.[25]

Criticism

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In 2010, TechCrunch asked: “Does Quid have the most pretentious website of any startup ever?”[26] The jab followed a debate on Quora discussing the website's use of Latin, arcane typefaces, and an overly academic tone. The company has since updated its website.

References

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