Quovantis Technologies, Inc.
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Quovantis Technologies, Inc. - overview
Established
2010
Location
Noida, -, India
Primary Industry
Software
About
Quovantis Technologies, Inc. is a design-led engineering firm providing innovative software solutions across sectors like healthcare and marketing technology, focusing on mobile and web application development, user experience (UX) design, and product engineering services. Founded in 2010 and headquartered in Noida, India, Quovantis Technologies specializes in engineering solutions for diverse industries. In April 2021, the company was acquired by emids Technologies Inc, enhancing their design-led product development capabilities.
The firm's founder has a history of successful ventures in the tech space, contributing to its strategic vision and execution. Quovantis Technologies specializes in design-led engineering solutions catering to various industries, notably healthcare and marketing technology. Their services include mobile and web application development, UX design, and product engineering. The company has developed recognized projects like the Lucid Reality app and Catalog, which streamline client engagement and content production, respectively.
Quovantis serves a varied clientele, ranging from established firms to startups, primarily in North America, Europe, and Asia, focusing on impactful solutions addressing user engagement and content management challenges. In the most recent financial year, 2021, Quovantis Technologies reported a revenue of USD 7. 31 mn, with an EBITDA of USD -1. 51 mn.
Revenue is generated through direct client engagements and partnerships, typically operating on a project basis for customized software solutions, with over 90% of clients acquired via referrals. Following its acquisition in April 2021, Quovantis Technologies will leverage emids Technologies Inc's resources to enhance its design-led product development and software engineering capabilities. Plans for future growth include the development of new products tailored for emerging market needs, with an emphasis on expanding into specific regions in North America and Europe by 2023.
Current Investors
emids Technologies Inc
Primary Industry
Software
Sub Industries
Software
Website
www.quovantis.com
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Quovantis Technologies, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Quovantis Technologies, Inc. | - |
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