A 7,7,8,8-tetracyanoquinodimethane polyester was converted into a strongly colored polyester with low-energy charge-transfer (CT) bands by treatment with electron-rich alkyne molecules under mild conditions. The post-functionalization was monitored by its ultraviolet-visible-near infrared (IR) spectra, which suggested a quantitative addition reaction without any side reactions. This result was further supported by 1 H and 13 C nuclear magnetic resonance, IR and elemental analyses. The functionalized polymer retained a high thermal stability with a decomposition onset temperature of B200 1C and B63% residual soot at 500 1C. The CT chromophores in the polymer showed a clear positive solvatochromism and redox behaviors in both anodic and cathodic directions. The HOMO and LUMO levels estimated from the first oxidation potential (E ox,1 ) and the first reduction potential (E red,1 ), respectively, were markedly elevated by this post-functionalization. The extent of HOMO elevation (1.45 eV) was more significant than that of LUMO elevation (0.44 eV).