Qvest.io ApS

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Qvest.io ApS - overview

Established

2017

Location

Copenhagen, -, Denmark

Primary Industry

Software

About

Qvest. io ApS is a company focused on enhancing organizational performance through its innovative digital platform, which promotes knowledge sharing and collaboration among employees. Founded in 2017 in Copenhagen, Denmark, Qvest. io ApS operates a digital platform that enhances organizational performance by facilitating knowledge sharing among employees.


The company received DKK 1. 5 million in funding from North-East Venture in February 2019, marking a significant investment in its growth. CEO Pia Lauritzen co-founded the company, bringing with her a strong background in driving organizational efficiency. The company has completed 2 deals to date, all contributing to its development and operational strategy.


Qvest specializes in a digital platform designed to enhance organizational performance by facilitating knowledge sharing and collaboration among employees. The core offering, known as the Great Question Report, allows users to pose their own questions to colleagues regarding topics pertinent to their daily work. This interactive approach encourages engagement and taps into the collective curiosity within organizations, ultimately fostering a culture of learning and knowledge exchange. Qvest's services are geared towards various sectors, including corporate environments where the emphasis is on improving communication and collaboration among teams.


The platform has been implemented in diverse geographical markets, focusing on regions where companies prioritize innovative approaches to workforce engagement and organizational development. Qvest's revenue model is built around subscription-based services, allowing organizations to access the platform and its functionalities. Clients typically engage in annual or multi-year contracts, providing them with access to Qvest's tools and data analytics that support continuous improvement in performance management. Transactions are structured as B2B partnerships, where pricing is determined based on the size of the organization and the specific features utilized.


The company's EBITDA for the most recent year, 2021, was DKK 48,522. 30. Looking ahead, Qvest. io ApS plans to innovate further by launching new products designed to enhance its platform's capabilities, although specific release dates are yet to be announced.


The company aims to expand its presence into new geographic markets, focusing on regions where organizational development is a priority. The recent funding of DKK 1. 5 million will be utilized to support these initiatives, enabling Qvest to enhance its product offerings and reach a broader client base.


Current Investors

PreSeed Ventures, SEED Capital, Vaekstfonden

Primary Industry

Software

Sub Industries

Conferencing Software, Content Management Software

Website

www.qvest.io

Verticals

Big Data

Company Stage

Early Stage

Total Amount Raised

Subscriber access only

Qvest.io ApS - financials

Fiscal Year EndedDec 31, 2018Dec 31, 2019Dec 31, 2020Dec 31, 2021
Revenue (USD)----
% Revenue Growth (YoY)----
EBITDA (USD)(1,059,324)---
Operating Income (USD)(1,198,749)---
Operating Margin----
% EBITDA Margin----
NET Income (USD)(1,068,179)---
% Net Margin----
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