QuantCube Technology

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QuantCube Technology - overview

Established

2013

Location

Paris, -, France

Primary Industry

Software

About

QuantCube Technology specializes in real-time macroeconomic data solutions, utilizing alternative data and artificial intelligence to improve economic forecasting and empower strategic decision-making for clients across various sectors. Founded in 2013, QuantCube Technology is based in Paris, France, focusing on delivering advanced macroeconomic insights. The founders, Alexandre Damour and Ghizlaine Amrani, established the company with a vision to integrate AI into economic forecasting. In December 2022, the firm raised EUR 4.


000 mn in a funding round, led by Strategic Development Fund with participation from Five Capital Advisors and Moody's Investors Service. As of this round, the total amount raised by the firm stands at EUR 4. 000 mn, and the current company valuation is EUR 28. 967 mn.


QuantCube Technology specializes in delivering real-time macroeconomic data solutions, leveraging alternative data and artificial intelligence to enhance economic forecasting. Its core product offerings include Macroeconomic Nowcasting, which provides real-time insights into economic conditions, and Commodity Nowcasting, focusing on trends in energy, mining, and agriculture sectors. The Asset Mapping Database is another critical offering that supports physical asset risk monitoring and ESG compliance, featuring access to over 1 million assets across more than ten sectors and 10,000 companies. Targeted primarily at financial institutions, hedge funds, asset managers, and government entities, QuantCube’s products aim to empower users to make informed investment decisions and strategic plans.


The geographical markets for these products span multiple regions globally, including North America, Europe, and Asia, where their clients, such as investment firms and government agencies, utilize these insights for economic analysis and investment strategies. QuantCube Technology’s revenue model is structured around subscription services and partnerships with various financial institutions and government organizations. Clients typically engage in annual subscriptions to access the Macroeconomic Nowcasting and Commodity Nowcasting platforms as well as the Asset Mapping Database. These subscription plans vary in terms of scale and features, enabling clients to select packages that align with their specific data needs and analytical requirements.


The firm’s flagship products, including its advanced nowcasting tools, are designed to deliver actionable insights and enhance clients' decision-making processes. Transactions are primarily B2B, with institutions utilizing QuantCube’s services to refine investment strategies and manage economic risks effectively. In December 2022, QuantCube Technology raised EUR 4. 000 mn in funding, which will be used for global expansion to meet the increasing demand from financial institutions and investment firms for real-time economic intelligence.


The company is also designing new products aimed at enhancing its data offerings, although specific release dates have not been disclosed. Additionally, it plans to target expansion into new geographic markets, focusing on increasing its presence in Asia and North America by the end of 2023.


Current Investors

Moody's Investors Service, Five Capital Advisors, Strategic Development Fund

Primary Industry

Software

Sub Industries

e-Financial, Storage, Analytics & Performance Software, Accounting/Finance Software

Website

www.q3-technology.com

Verticals

Big Data, Big Data

Company Stage

Series B

Total Amount Raised

Subscriber access only

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