Vertical IQ Expands User Base and Product Offering
NEW YORK, Oct. 17, 2017 /PRNewswire-iReach/ -- Vertical IQ, Inc. announced today that it is launching a version of its product targeted to accounting practices, consultants, advisors, and investment firms. This new offering provides financially-oriented industry insight for consulting, meeting preparation, and investment analysis. Plexus Capital, an investor in middle market companies, is an early customer of the new Vertical IQ offering. According to Michael Painter, co-founder and Managing Partner of Plexus Capital, "Vertical IQ helps us at all levels of what we do, from initial client contacts to covering key risk points and developing follow up plans."
Vertical IQ continues to expand the breadth and depth of industry insight provided to its customers. The company recently added a new section to each of its industry profiles providing statistical data on key business valuation metrics for the industry, such as "selling price to revenue" and "selling price to gross profits." This data is provided by Pratt's Stats and is based on over 27,000 private company transactions in the U.S.
Business valuation data for industries was a feature requested by both banking and non-banking customers of Vertical IQ. Bobby Martin, cofounder of Vertical IQ, stated, "We take pride in being very responsive to requests from our customers and are committed to continuously enhancing our offerings based on their feedback."
Vertical IQ has continued to grow its banking user base and enhance its product offering during 2017. The company now has more than 31,000 subscription users at over 135 banks throughout the U.S. These users rely on Vertical IQ's online platform to gain insight on over 350 industries that helps them win new business customers and enhance relationships with existing customers.
About Vertical IQ, Inc.:
Vertical IQ, Inc. enables bankers, advisors, and consultants to have smarter conversations with customers and prospects in a wide variety of industries. It provides easy-to-digest content on working capital, capital financing, risks, trends, and news for each industry, allowing users to quickly prepare for sales calls and client conversations. Learn more at http://verticaliq.com/.
Media Contact: Laura Stidham, Vertical IQ, 9197874600, [email protected]
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SOURCE Vertical IQ, Inc.
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