Testimonial iQ

Deal Snapshot

Company: Testimonial IQ, Inc.

Website: testimonialiq.com

Sector / Category: Compliance marketing software for financial advisors / Reviews + testimonials automation under SEC & FINRA guidelines

Headquarters: Denver, Colorado, USA

Founded: 2023

Investor: Frazier VC

Investment Vehicle: Fund IV

Deal Type: Primary

Company Overview

Testimonial iQ is a compliance-focused software platform for the wealth management industry that helps financial advisors generate, manage, and publish client feedback (including Google Reviews and on-site testimonials) in ways aligned with the SEC marketing rule and typical FINRA/SEC oversight workflows. The product includes approvals and audit trails, and it supports turning client feedback into compliant marketing content that improves online visibility and trust.

Investment Summary

Frazier VC Fund IV made primary investments in Testimonial IQ, Inc. in December 2023 and June 2024, reflecting conviction in the company’s compliance-first approach to helping advisors build trust and grow through verifiable, client-driven social proof.

Why We Invested

Frazier VC invested in Testimonial iQ because we believe the company is positioned for growth in a large market where trust and discoverability drive customer acquisition. The platform is software-driven and scalable, giving advisory firms a repeatable system to collect and publish compliant feedback while reducing manual compliance overhead. We also value the defensibility created by workflow depth in regulated environments, including approval processes and audit trails that become embedded in day-to-day marketing operations.

Other Investors

Techstars

SWAN Ventures

The Founders Arena