About QANplatform
QANplatform is a company based in Tallinn (Estonia) founded in 2019 by Endre Abraham and Johann Polecsak.. QANplatform has raised $17.1 million across 3 funding rounds from investors including MBK Holding, Fairum Ventures and DeltaHub Capital. The company has 1 employees as of March 31, 2023. QANplatform offers products and services including QANplatform, QANX Token, and QAN TestNet. QANplatform operates in a competitive market with competitors including Symbiont, Fantom, Nervos Network, Avalanche and 5ire, among others.
- Headquarter Tallinn, Estonia
- Employees 1 as on 31 Mar, 2023
- Founders Endre Abraham, Johann Polecsak
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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
*********
- Legal Name Q Itsec Oü
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Annual Revenue
$435.46 K (USD)166as on Dec 31, 2023
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Net Profit
$13.85 K (USD)-27as on Dec 31, 2023
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EBITDA
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Total Equity Funding
$17.1 M (USD)
in 3 rounds
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Latest Funding Round
$15 M (USD), Series A
Dec 05, 2023
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Investors
MBK Holding
& 4 more
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Employee Count
1
as on Mar 31, 2023
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Products & Services of QANplatform
QANplatform offers a comprehensive portfolio of products and services, including QANplatform, QANX Token, and QAN TestNet. 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.
Enables quantum-resistant smart contracts in multiple languages.
Facilitates ecosystem transactions and developer rewards.
Provides environment for blockchain application development.
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Funding Insights of QANplatform
QANplatform has successfully raised a total of $17.1M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $15 million completed in December 2023. 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 3
- Last Round Series A — $15.0M
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First Round
First Round
(11 May 2021)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2023 | Amount | Series A - QANplatform | Valuation | MBK Holding |
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| Jun, 2021 | Amount | Token Sale - QANplatform | Valuation |
investors |
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| May, 2021 | Amount | Seed - QANplatform | Valuation | Fairum Ventures , DeltaHub Capital |
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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 QANplatform
QANplatform has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include MBK Holding, Fairum Ventures and DeltaHub Capital. 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 fund investing in blockchain startups
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Founded Year | Domain | Location | |
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Provides comprehensive strategic consulting services to businesses.
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Founded Year | Domain | Location | |
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Platform for crypto community governance, investments, staking, and learning resources.
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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 QANplatform
| 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 - QANplatform
| 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 |
Qanplatform Comparisons
Competitors of QANplatform
QANplatform 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 Symbiont, Fantom, Nervos Network, Avalanche and 5ire, 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 |
Smart contract platform
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| domain | founded_year | HQ Location |
Smart contract platform for digital assets and dApps is maintained.
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| domain | founded_year | HQ Location |
Interoperable protocols for decentralized applications are provided by Nervos Network.
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| domain | founded_year | HQ Location |
Smart contracts platform for decentralized application development is provided.
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| domain | founded_year | HQ Location |
Blockchain network platform is provided for development and transactions.
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| domain | founded_year | HQ Location |
Blockchain-as-a-service platform with smart contracts is provided for industrial networks.
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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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Latest news on Qanplatform
Frequently Asked Questions about QANplatform
When was QANplatform founded?
QANplatform was founded in 2019 and raised its 1st funding round 2 years after it was founded.
Where is QANplatform located?
QANplatform is headquartered in Tallinn, Estonia.
Who is the current CEO of QANplatform?
Jevgenia Kim is the current CEO of QANplatform.
Is QANplatform a funded company?
QANplatform is a funded company, having raised a total of $17.1M across 3 funding rounds to date. The company's 1st funding round was a Seed of $2.1M, raised on May 11, 2021.
How many employees does QANplatform have?
As of Mar 31, 2023, the latest employee count at QANplatform is 1.
What is the annual revenue of QANplatform?
Annual revenue of QANplatform is $435.46K as on Dec 31, 2023.
What does QANplatform do?
QANplatform was founded in 2019 in Tallinn, Estonia, as a provider of hybrid blockchain networks. Quantum-resistant smart contracts and Web3 solutions are enabled for development in multiple programming languages. Compatibility with Ethereum and the EVM is supported, along with integrations for cloud platforms. Operations focus on blockchain technology within the fintech sector, serving developers and enterprises globally.
Who are the top competitors of QANplatform?
QANplatform's top competitors include Fantom, Avalanche and Data Gumbo.
What products or services does QANplatform offer?
QANplatform offers QANplatform, QANX Token, and QAN TestNet.
Who are QANplatform's investors?
QANplatform has 5 investors. Key investors include MBK Holding, Fairum Ventures, DeltaHub Capital, Insignius Capital, and BlackDragon.