Asqella
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
Asqella - overview
Established
2011
Location
Helsinki, -, Finland
Primary Industry
IT Security/Cybersecurity
About
Asqella is a technology firm that develops advanced software solutions, addressing operational challenges across sectors like healthcare and finance. The company's products enhance productivity and enable data-driven decision-making for diverse clients. Founded in 2011, Asqella is based in Helsinki, Finland, and specializes in delivering software solutions for various industries. The company raised EUR 1.
8 million in funding in April 2015 from Shenzhen Leaguer Venture Capital and VTT Ventures. Asqella has made one notable deal since inception, emphasizing its focused operational strategy. Asqella specializes in innovative software platforms and tools tailored to improve operational efficiency and facilitate data-driven decisions. Its offerings primarily cater to the technology, healthcare, and finance sectors, serving a diverse clientele that includes both mid-sized firms and large enterprises.
The company's products are strategically released to align with market demands, providing essential functionality across geographical markets in North America, Europe, and select regions in Asia. In 2021, Asqella reported a revenue of EUR 118,299. 40 with an EBITDA of EUR -279,693. 10.
The company utilizes a subscription model for its software products, engaging customers through annual contracts that ensure stable revenue streams and continuous access to updates. Strategic partnerships with industry leaders further enhance its market presence, fostering long-term client relationships and offering various pricing plans to meet individual and organizational needs. Asqella plans to leverage its recent funding of EUR 1. 8 million raised in April 2015 to enhance product offerings and expand its market reach.
The company is focusing on the development of new software solutions aimed at addressing emerging industry challenges, with anticipated launches scheduled for the next fiscal year. Additionally, Asqella aims to penetrate new markets in Asia and North America by 2025, utilizing the capital to support these expansion efforts.
Current Investors
VTT Ventures, Leaguer Group
Primary Industry
IT Security/Cybersecurity
Sub Industries
IT Security/Cybersecurity
Website
www.asqella.com
Company Stage
Early Stage
Total Amount Raised
Subscriber access only
Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.