About Qase
Qase is a company based in Vancouver (Canada) founded in 2017 by Nikita Fedorov. It operates as a SaaS (Software-as-a-Service), and Freemium. Qase has raised $7.7 million across 2 funding rounds from investors including FinSight, Chrome Capital and s16vc. Qase offers products and services including Test Management Platform and AIDEN AI QA Architect. Qase operates in a competitive market with competitors including Panaya, Tonic.ai, DataCebo, Plutora and Accelario, among others.
- Headquarter Vancouver, Canada
- Founders Nikita Fedorov
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Sectors
Technology
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Phone
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Website
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Social
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- Legal Name Qase 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
$7.7 M (USD)
in 2 rounds
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Latest Funding Round
$7.2 M (USD), Series A
Aug 25, 2023
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Investors
FinSight
& 3 more
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Employee Count
Employee Count
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Products & Services of Qase
Qase offers a comprehensive portfolio of products and services, including Test Management Platform and AIDEN AI QA Architect. 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.
A platform for managing software testing processes efficiently.
AI tool for test generation and analysis automation.
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Funding Insights of Qase
Qase has successfully raised a total of $7.7M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $7.2 million completed in August 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 2
- Last Round Series A — $7.2M
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First Round
First Round
(19 Aug 2021)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2023 | Amount | Series A - Qase | Valuation | Chrome Capital | |
| Aug, 2021 | Amount | Seed - Qase | Valuation | s16vc |
| 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 Qase
Qase has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include FinSight, Chrome Capital and s16vc. 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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Founded Year | Domain | Location | |
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Tech investment firm offering venture capital and support to startups in AI and related fields.
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Founded Year | Domain | Location | |
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Multiple sectors are invested in by S16vc venture capital firm.
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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 Qase
| 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 - Qase
| 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 |
Qase Comparisons
Competitors of Qase
Qase 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 Panaya, Tonic.ai, DataCebo, Plutora and Accelario, 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 |
ERP change analytics and enterprise testing are delivered through SaaS.
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| domain | founded_year | HQ Location |
AI-based de-identified data is generated for QA, testing, and development.
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| domain | founded_year | HQ Location |
Generative AI platform to create and manage synthetic data applications
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| domain | founded_year | HQ Location |
Enterprise release and test environment management solutions are provided.
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| domain | founded_year | HQ Location |
AI powered test data management platform
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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 Qase
Frequently Asked Questions about Qase
When was Qase founded?
Qase was founded in 2017 and raised its 1st funding round 4 years after it was founded.
Where is Qase located?
Qase is headquartered in Vancouver, Canada. It is registered at Vancouver, British Columbia, Canada.
Is Qase a funded company?
Qase is a funded company, having raised a total of $7.7M across 2 funding rounds to date. The company's 1st funding round was a Seed of $500K, raised on Aug 19, 2021.
What does Qase do?
Qase is established as a leading AI-first test management platform designed to enhance software delivery speed and quality. It is utilized by QA teams across various sectors to streamline testing processes. Solutions offered include manual and automated testing within a single workspace, supported by integrations with over 35 frameworks like Jira and Cypress. Features such as customizable dashboards, test authoring, and requirements traceability are provided to facilitate data-informed decisions and efficient testing orchestration.
What products or services does Qase offer?
Qase offers Test Management Platform and AIDEN AI QA Architect.
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