About Nordic Quick Systems
Nordic Quick Systems is a company based in Pitea (Sweden) founded in 2019. It operates as a Product-as-a-Service, and Circular Economy. Nordic Quick Systems has raised $521.3 thousand across 1 funding round from investors including Partnerinvest Norr. Nordic Quick Systems offers products and services including QS-Wheels, Wear Parts, and Feed Rollers. Nordic Quick Systems operates in a competitive market with competitors including Skruvat, Mari Naman Sweden AB, AUTOMEKS, System Edström and Mekster.se, among others.
- Headquarter Pitea, Sweden
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Sectors
Transportation, Automotive & Logistics
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$521.3 K (USD)
in 1 rounds
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Latest Funding Round
$521.3 K (USD), Seed
Aug 15, 2019
- Investors
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Employee Count
Employee Count
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Products & Services of Nordic Quick Systems
Nordic Quick Systems offers a comprehensive portfolio of products and services, including QS-Wheels, Wear Parts, and Feed Rollers. 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.
Reusable sprockets are provided for heavy industrial maintenance.
Replaceable wear parts are offered for industrial equipment durability.
Feed rollers are supplied for industrial machinery operations.
Funding Insights of Nordic Quick Systems
Nordic Quick Systems has successfully raised a total of $521.3K through 1 strategic funding round. The most recent funding activity was a Seed round of $521.3 thousand completed in August 2019. 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 Seed — $521,295
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First Round
First Round
(15 Aug 2019)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Aug, 2019 | Amount | Seed - Nordic Quick Systems | Valuation | Partnerinvest Norr |
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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 Nordic Quick Systems
Nordic Quick Systems has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Partnerinvest Norr. 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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Venture capital investments are made in northern Swedish growth companies.
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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 Nordic Quick Systems
| 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 - Nordic Quick Systems
| 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 |
Nordic Quick Systems Comparisons
Competitors of Nordic Quick Systems
Nordic Quick Systems 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 Skruvat, Mari Naman Sweden AB, AUTOMEKS, System Edström and Mekster.se, 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 |
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Car parts and accessories are retailed online across Scandinavia.
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Boat supplies and boating accessories are retailed online.
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Operates an online store specializing in automotive parts sales.
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Supplier of van racking system and related products
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Aftermarket automotive parts and accessories are retailed online by Mekster.se.
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| Company Name | Domain | Founded year | HQ Location | Description |
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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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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 Nordic Quick Systems
When was Nordic Quick Systems founded?
Nordic Quick Systems was founded in 2019.
Where is Nordic Quick Systems located?
Nordic Quick Systems is headquartered in Pitea, Sweden. It is registered at Pitea, Norrbotten County, Sweden.
Who is the current CEO of Nordic Quick Systems?
Nicklas Jadinge is the current CEO of Nordic Quick Systems.
Is Nordic Quick Systems a funded company?
Nordic Quick Systems is a funded company, having raised a total of $521.3K across 1 funding round to date. The company's 1st funding round was a Seed of $521.3K, raised on Aug 15, 2019.
What does Nordic Quick Systems do?
Nordic Quick Systems is engaged in the provision of sustainable solutions for heavy industrial maintenance. Reusable sprockets and replaceable wear parts are offered to reduce material waste and improve efficiency. Operations are focused on refurbishing used sprockets, contributing to a circular economy. Services are extended to various industrial sectors, ensuring cost savings and environmental benefits through innovative maintenance processes. Enhanced workplace safety is achieved by minimizing hazardous lifts and hot work.
Who are the top competitors of Nordic Quick Systems?
Nordic Quick Systems's top competitors include Skruvat, Professional Parts Sweden and System Edström.
What products or services does Nordic Quick Systems offer?
Nordic Quick Systems offers QS-Wheels, Wear Parts, and Feed Rollers.
Who are Nordic Quick Systems's investors?
Nordic Quick Systems has 1 investor. Key investors include Partnerinvest Norr.
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