Quoreka Industries

Norwalk, United States Founded: 2004 • Age: 22 yrs Acquired By STG
Procurement management and analytics solutions are powered by AI.
Annual revenue - Latest available
Total funding $56.8M 3 rounds
Employees - Tracked headcount
Investors 4 Known backers
Products 5 Services tracked
Competitors 10 Brand Intelligence

About Quoreka Industries

Quoreka Industries is a company based in Norwalk (United States) founded in 2004 by Manav Garg was acquired by STG in April 2024. It operates as a SaaS (Software-as-a-Service) and Professional Services. Quoreka Industries has raised $56.75 million across 3 funding rounds from investors including STG, Nexus Venture Partners and Silver Lake. Quoreka Industries has completed 3 acquisitions, including EnCompass Technologies, Matrix Group and Trxiea. Quoreka Industries offers products and services including Eka CTRM, ETRM, Trinity, Fintrade, and Stockyard Management. Quoreka Industries operates in a competitive market with competitors including JDA software, Blue Yonder, Quantexa, Amber Road and Pyramid Analytics, among others.

  • Headquarter Norwalk, United States
  • Founders Manav Garg
  • Sectors
    Technology
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Quor Group
Operational Areas
Technology → Enterprise Software & Productivity Solutions Unlock Sub-Sector Unlock Segment
Technology → Cloud, Data & Analytics Infrastructure Unlock Sub-Sector Unlock Segment
Technology → Cloud, Data & Analytics Infrastructure Unlock Sub-Sector Unlock Segment
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $56.75 M (USD)

    in 3 rounds

  • Latest Funding Round
    $40.75 M (USD), Series C

    Oct 15, 2013

  • Investors
    STG

    & 3 more

  • Employee Count
    Not available
  • Investments & Acquisitions
  • Acquired by
    STG

    (Apr 08, 2024)

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Products & Services of Quoreka Industries

Quoreka Industries offers a comprehensive portfolio of products and services, including Eka CTRM, ETRM, Trinity, Fintrade, and Stockyard Management.

Product name locked
Category locked
Primary

End-to-end visibility is provided for commodity value chains.

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Energy value chain management is optimized with confidence.

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Margins are optimized with real-time trading lifecycle control.

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Visibility and automation are enhanced for risk management.

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Stockyard operations are automated with real-time visibility tools.

People of Quoreka Industries

Headcount 200-500
Employee Profiles 57
Board Members and Advisors 4
Employee Profiles
People
Davendra Singhal
Senior Product Manager
People
Francisco Navarro
Vice President Of Sales, EMEA
People
Ajit Bhate
Senior Software Engineer
People
Shambhavi Pandey
Senior Software Engineer

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Board Members and Advisors
people
Peter Armstrong
DIrector
people
Kirit Shah
Director
people
Bryce Lee
Director
people
Shiraz Erach Poonevala
Director

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Funding Insights of Quoreka Industries

Quoreka Industries has successfully raised a total of $56.75M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $40.75 million completed in October 2013. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Quoreka Industries

Quoreka Industries has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include STG, Nexus Venture Partners and Silver Lake.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Venture capital firm that partners with entrepreneurs for product-first companies.
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Technology investing and private equity firm focused on partnerships.
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A private equity firm focused on mid-market software leaders.
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Investor details for Quoreka Industries

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  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Quoreka Industries

Quoreka Industries has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include EnCompass Technologies, Matrix Group and Trxiea.

Investments
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Investment portfolio details for Quoreka Industries

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  • Transaction dates
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Acquisitions
Company Name Description Domain Location Founded Year Amount
Residential and commercial properties are developed in Australia.
Locked Locked 2023 Locked
Cloud-based treasury management solutions are offered for banks.
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Provider of software solutions for energy trading
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Complete acquisition details for Quoreka Industries

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Financial Statements - Quoreka Industries

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Detailed financials for Quoreka Industries

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Quoreka Industries Comparisons

Quoreka Industries Primary company
Description
Procurement management and analytics solutions are powered b...
Location
Norwalk, United States
Founded Year
2004
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Quoreka Industries

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Competitors of Quoreka Industries

Quoreka Industries operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as JDA software, Blue Yonder, Quantexa, Amber Road and Pyramid Analytics, among others.

Company Name Domain Founded year HQ Location Description
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Cloud-based supply chain and retail solutions are provided.
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AI and cloud-based supply chain management solutions are provided.
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AI-powered data and decision intelligence solutions are provided for businesses.
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Cloud-based global trade management solutions are provided to enterprises.
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Cloud-based data visualization and analytics are delivered for decision making.
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AI and blockchain are applied to supply chain authenticity solutions.
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Detailed competitors of Quoreka Industries

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  • Full company profiles
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Latest news on Quoreka Industries

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Complete news archive for Quoreka Industries

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Frequently Asked Questions about Quoreka Industries

Quoreka Industries was founded in 2004 and raised its 1st funding round 1 year after it was founded.

Quoreka Industries is headquartered in Norwalk, United States.

Manav Garg is the current CEO of Quoreka Industries. They have also founded this company.

Quoreka Industries is a funded company, having raised a total of $56.75M across 3 funding rounds to date.

Quoreka Industries is engaged in delivering commodity trading and risk management solutions. Operations span multiple sectors including agriculture, energy, metals, mining, and food beverage. Tailored solutions are offered for complex trading, logistics, and supply chain challenges. Products like Eka CTRM, ETRM, and Trinity are developed to optimize margins and provide real-time control. Support is extended to global leaders with connected workflows and digitized operations across the commodity value chain.

Quoreka Industries's top competitors include Blue Yonder, Quantexa and GT Nexus.

Quoreka Industries offers Eka CTRM, ETRM, Trinity, Fintrade, and Stockyard Management.

Quoreka Industries has made 3 acquisitions, including EnCompass Technologies, Matrix Group, and Trxiea.

Quoreka Industries has 4 investors. Key investors include STG, Nexus Venture Partners, Silver Lake, and GP Group.

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