Quoteiq Reaches $30 Million Valuation As Fastest-Growing CRM For Home & Field Service Businesses

(MENAFN- GetNews)


"Mike Vidan and Justin Rogers, co-founders of QuoteIQ, the fastest-growing CRM in the home and field service industry"Company rejects acquisition offers to maintain independence and user-focused culture

Savannah, Georgia - Sep 8, 2025 - QuoteIQ, the rapidly expanding customer relationship management (CRM) platform designed specifically for home and field service businesses, announced today that it has achieved a $30 million valuation while maintaining its position as the fastest-growing CRM in the home and field service industry. The company, co-founded by service business veterans Mike Vidan and Justin Rogers, has accomplished this milestone entirely through bootstrapped growth, refusing external funding to preserve its agility and user-centric approach.

Since launching in October 2023, QuoteIQ has distinguished itself in a crowded marketplace by prioritizing affordability, reliability, and scalability for businesses ranging from solo operators to teams of 20+ employees. The platform has garnered exceptional App Store reviews and is rapidly expanding into additional industries with robust new features while maintaining fewer integrations than competitors – a strategic decision that enhances platform stability and user experience.

Challenging Industry Giants Through Innovation

The field service management (FSM) market-tools for automating home repair services-has been rapidly expanding in recent years. Automation is helping address the industry's labor shortage, improving workforce efficiency, and supporting technicians in their daily tasks. However, QuoteIQ's founders identified significant gaps in existing solutions.

"Most other CRMs in our space were launched between 2011 and 2019 and are now showing signs of aging," said Mike Vidan, co-founder of QuoteIQ. "These platforms are limited by the architecture and tech stacks chosen at the time, which are difficult to change without rebuilding from scratch. Their interfaces are overloaded, with key features hard to locate. Basic capabilities-such as offline access, or dynamic routing-are either absent or poorly implemented. We built QuoteIQ from the start with this in mind."

Unlike competitors who developed desktop-first solutions, QuoteIQ took a mobile-first approach that reflects the reality of field service work. "We started as a mobile app and reverse engineered our way to desktop because we know our customer base – people in the field working, not working behind a desk like the founders of every single one of our competitors," Vidan explained.

Leveraging Experience and Modern Technology

Co-founder Justin Rogers emphasized how the platform benefits from learning from earlier industry platforms: "We knew what was needed, but we also knew we could draw on the successes and failures of our competition-identifying which features worked and which didn't. At the same time, we fully leveraged the latest tech to build the best possible solutions to unlock new opportunities and features that no one else can match."

The strategic approach has proven successful, with QuoteIQ achieving remarkable growth metrics while competing against well-funded rivals. One competitor of note, arguably the largest in the space, has raised over $183.5 million in funding, highlighting the David-and-Goliath nature of QuoteIQ's market position.

Maintaining Independence Despite Acquisition Interest

Despite receiving acquisition approaches, Vidan and Rogers remain committed to maintaining QuoteIQ's independence to preserve the company's unique culture and rapid response capabilities.

"We self-funded the entire thing – no outside money, no outside influence. That is why we have been able to grow so rapidly. We are not beholden to investors or board members – just our users," said Vidan. "Selling would be a disservice to what we have created and what our users expect: fast responses, quick fixes, and implementation of ideas that benefit the userbase. If we owed someone $183 million, we couldn't react as fast as we do."

This independence allows QuoteIQ to maintain its competitive advantage of rapid innovation, customer responsiveness and platform implementation– capabilities that larger, investor-backed platforms struggle to match due to bureaucratic constraints.

About QuoteIQ

Founded by experienced service business owners Mike Vidan and Justin Rogers, QuoteIQ is a comprehensive CRM platform designed specifically for home and field service businesses. The company leverages the founders' combined expertise in business operations and digital marketing, supported by over a 2 million subscribers across their social media platforms. QuoteIQ focuses on providing affordable, reliable, and scalable solutions that grow with businesses from startup to established operations.

For more information about QuoteIQ, visit MyQuoteIQ

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