Quantum IR Technologies LLC

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Quantum IR Technologies LLC - overview

Established

2012

Location

Salt Lake City, UT, US

Primary Industry

Software

About

Quantum IR Technologies LLC specializes in innovative technology solutions that enhance operational efficiency and improve customer engagement across various industries. Founded in 2012, Quantum IR Technologies LLC is based in Salt Lake City, US, and focuses on providing technology solutions for operational efficiency. Mark Israelsen serves as both the founder and CEO. The company has undergone a strategic pivot since its inception, emphasizing cloud-based services to meet the evolving needs of its clients.


Quantum IR Technologies LLC secured a minority investment from RLG Capital in May 2015, which underscored investor confidence in its growth trajectory. Quantum IR Technologies LLC offers a suite of innovative technology solutions aimed at enhancing operational efficiency and improving customer engagement. Their core product includes a cloud-based platform that integrates with existing enterprise systems, enabling real-time data analytics and reporting. This platform addresses critical challenges such as data silos and slow decision-making, particularly serving mid to large-sized enterprises in sectors like finance, healthcare, and retail.


The company generates revenue primarily through subscription models for its cloud platform. Clients typically engage with annual subscriptions that include various service tiers, accommodating both B2B and direct-to-consumer partnerships. Smaller enterprises often opt for standard plans, while larger organizations may choose premium plans for added features and customized integrations. Quantum IR Technologies LLC is focused on developing new features for its core platform, with anticipated releases aimed at enhancing user experience and data capabilities in the upcoming year.


The company plans to expand into European and Asian markets by 2024, targeting industries that require robust data analytics solutions. The recent investment from RLG Capital will be utilized to accelerate development and support these market expansion initiatives.


Current Investors

RLG Capital

Primary Industry

Software

Sub Industries

Oil & Gas Equipment and Services, Logistics Software, Content Management Software

Website

www.quantumir.com

Verticals

Cloud Computing, Manufacturing

Company Stage

Mature - Growth Capital

Total Amount Raised

Subscriber access only

Quantum IR Technologies LLC - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
GrowthCompletedQuantum IR Technologies LLC-

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