About Kvantify
Kvantify is a company based in Copenhagen (Denmark) founded in 2022 by Allan Grønlund, Nikolaj Thomas Zinner, and Hans Henrik Knudsen.. Kvantify has raised $10.73 million across 2 funding rounds from investors including European Union, Danmarks Eksport og Investeringsfond and Dreamcraft. The company has 67 employees as of November 30, 2024. Kvantify offers products and services including Kvantify Koffee, Computational Drug Discovery Platform, and Quantum Proof-of-Concepts. Kvantify operates in a competitive market with competitors including Aqemia, Kipu Quantum, QC Ware, NTxBio and Applied BioMath, among others.
- Headquarter Copenhagen, Denmark
- Employees 67 as on 30 Nov, 2024
- Founders Allan Grønlund, Nikolaj Thomas Zinner, Hans Henrik Knudsen
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Sectors
HealthcareTechnology
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Phone
*********
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Website
*********
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Social
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- Legal Name Kvantify Aps
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$10.73 M (USD)
in 2 rounds
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Latest Funding Round
$10.73 M (USD), Seed
Jul 03, 2024
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Investors
European Union
& 6 more
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Employee Count
67
as on Nov 30, 2024
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Products & Services of Kvantify
Kvantify offers a comprehensive portfolio of products and services, including Kvantify Koffee, Computational Drug Discovery Platform, and Quantum Proof-of-Concepts. 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.
Platform for binding affinity and kinetics calculations in small molecule research
Tools to improve compound screening using physics-based methods
Services to develop quantum applications for computing challenges
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Funding Insights of Kvantify
Kvantify has successfully raised a total of $10.73M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $10.73 million completed in July 2024. 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 2
- Last Round Seed — $10.7M
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First Round
First Round
(01 Feb 2023)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2024 | Amount | Seed - Kvantify | Valuation | Dreamcraft Ventures | |
| Feb, 2023 | Amount | Grant - Kvantify | Valuation |
investors |
| 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 Kvantify
Kvantify has secured backing from 7 investors, including venture fund and institutional investors. Prominent investors backing the company include European Union, Danmarks Eksport og Investeringsfond and Dreamcraft. 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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Tech-driven companies are supported through early-stage venture investments.
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Life science companies are funded through venture capital investments.
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A private investment company focused on sustainability is operated.
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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 Kvantify
| 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 - Kvantify
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Kvantify Comparisons
Competitors of Kvantify
Kvantify 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 Aqemia, Kipu Quantum, QC Ware, NTxBio and Applied BioMath, 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 |
Therapeutic molecules are discovered through AI and quantum physics integration.
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| domain | founded_year | HQ Location |
Quantum computing software solutions for optimization problems are provided.
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| domain | founded_year | HQ Location |
A cloud-based quantum computing platform is provided by QC Ware.
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| domain | founded_year | HQ Location |
Provider of bio informatics platform to develops biologics and therapeutics
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| domain | founded_year | HQ Location |
Systems biology and pharmacology modeling services to aid drug discovery and development
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| domain | founded_year | HQ Location |
Combinatorial chemistry services for peptide-based drug discovery are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Latest news on Kvantify
Frequently Asked Questions about Kvantify
When was Kvantify founded?
Kvantify was founded in 2022 and raised its 1st funding round 1 year after it was founded.
Where is Kvantify located?
Kvantify is headquartered in Copenhagen, Denmark.
Who is the current CEO of Kvantify?
Hans Henrik Knudsen is the current CEO of Kvantify. They have also founded this company.
Is Kvantify a funded company?
Kvantify is a funded company, having raised a total of $10.73M across 2 funding rounds to date. The company's 1st funding round was a Grant of $712.98K, raised on Feb 01, 2023.
How many employees does Kvantify have?
As of Nov 30, 2024, the latest employee count at Kvantify is 67.
What does Kvantify do?
Kvantify is a company that provides off-the-shelf, sector-specific solutions for the financial services and life sciences industries. They use cutting-edge algorithms and quantum computing technology to address hard computational challenges. Kvantify aims to democratize access to advanced computing technology and help businesses contribute to a better future.
Who are the top competitors of Kvantify?
Kvantify's top competitors include Aqemia, NTxBio and Kipu Quantum.
What products or services does Kvantify offer?
Kvantify offers Kvantify Koffee, Computational Drug Discovery Platform, and Quantum Proof-of-Concepts.
Who are Kvantify's investors?
Kvantify has 7 investors. Key investors include European Union, Danmarks Eksport og Investeringsfond, Dreamcraft, Lundbeck Foundation, and 2degrees.
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