About IQS
IQS is a company based in North Olmsted (United States) founded in 1988.. IQS has raised $3 million across 1 funding round from investors including Apex Venture Partners. The company has 153 employees as of December 31, 2022. IQS offers products and services including Health Cloud, Safety Cloud, Sustainability Cloud, Environmental Cloud, and Quality Cloud. IQS operates in a competitive market with competitors including QIMA, Presien, BPA Solutions, QuinLogic and ProductIP, among others.
- Headquarter North Olmsted, United States
- Employees 153 as on 31 Dec, 2022
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Iqs, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$3 M (USD)
in 1 rounds
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Latest Funding Round
$3 M (USD), Series A
May 13, 2004
- Investors
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Employee Count
153
as on Dec 31, 2022
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Products & Services of IQS
IQS offers a comprehensive portfolio of products and services, including Health Cloud, Safety Cloud, Sustainability Cloud, Environmental Cloud, and Quality Cloud. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Protects global workforce and optimizes compliance requirements
Enables risk prediction and prevention for workplaces
Tracks sustainability data for accurate reporting
Manages compliance and drives environmental improvements
Enhances supply chain quality and operational value
Transforms data into actionable performance insights
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Funding Insights of IQS
IQS has successfully raised a total of $3M through 1 strategic funding round. The most recent funding activity was a Series A round of $3 million completed in May 2004. 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.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series A — $3.0M
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First Round
First Round
(13 May 2004)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2004 | Amount | Series A - IQS | Valuation | Apex Venture Partners |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in IQS
IQS has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Apex Venture Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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VC firm investing in seed and growth stage companies in North America
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by IQS
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - IQS
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Iqs Comparisons
Competitors of IQS
IQS 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 QIMA, Presien, BPA Solutions, QuinLogic and ProductIP, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
An app-based platform is provided for supplier compliance and audits.
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| domain | founded_year | HQ Location |
AI vision systems are provided for detecting infrastructure and people.
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| domain | founded_year | HQ Location |
CRM and quality/risk management software is built on SharePoint.
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| domain | founded_year | HQ Location |
Quality management software is developed for steel and aluminum industries.
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| domain | founded_year | HQ Location |
Product compliance management solution
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about IQS
When was IQS founded?
IQS was founded in 1988 and raised its 1st funding round 16 years after it was founded.
Where is IQS located?
IQS is headquartered in North Olmsted, United States. It is registered at North Olmsted, Ohio, United States.
Is IQS a funded company?
IQS is a funded company, having raised a total of $3M across 1 funding round to date. The company's 1st funding round was a Series A of $3M, raised on May 13, 2004.
How many employees does IQS have?
As of Dec 31, 2022, the latest employee count at IQS is 153.
What does IQS do?
IQS provides quality and compliance management software for highly regulated manufacturing industries to ensure quality and meet regulatory compliance requirements. The product modules include audit management, employee training, inspection SPC, change management, equipment maintenance, non-conformance CAPA, customer complaint tracking, FMEA control plans, document management, guage calibration and supplier performance. It serves companies in industries including general manufacturing, aerospace defence, automotive, medical device and oil gas. Some of the clients are BAE systems, boeing, volvo, polyone, simmons, fda etc.
What products or services does IQS offer?
IQS offers Health Cloud, Safety Cloud, Sustainability Cloud, Environmental Cloud, and 2 more products and services.
Who are IQS's investors?
IQS has 1 investor. Key investors include Apex Venture Partners.
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