About Qfinsoft Technology
Qfinsoft Technology is a company based in Rossland (Canada) founded in 1998 was acquired by Aavid Thermalloy in May 2015.. The company has 2 employees as of December 31, 2024. Qfinsoft Technology operates in a competitive market with competitors including Flexcompute, Ingrid Cloud, Nextflow Software, Dive CAE and ENGYS, among others.
- Headquarter Rossland, Canada
- Employees 2 as on 31 Dec, 2024
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Sectors
Industrial Goods & Manufacturing
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Phone
*********
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Website
*********
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$375 K (USD), Grant
Jun 10, 2010
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Investors
National Research Council Canada
& 1 more
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Employee Count
2
as on Dec 31, 2024
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Acquired by
Aavid Thermalloy
(May 27, 2015)
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Funding Insights of Qfinsoft Technology
- Total Funding Total Funding
- Total Rounds 1
- Last Round Grant — $375,000
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First Round
First Round
(10 Jun 2010)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2010 | Amount | Grant - Qfinsoft Technology | 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 Qfinsoft Technology
Qfinsoft Technology has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include National Research Council Canada and Aavid Thermalloy. 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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Scientific and technological research is conducted for Canada's benefit.
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Founded Year | Domain | Location | |
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Cooling solutions are developed, designed, tested, and fabricated across industries.
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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 Qfinsoft Technology
| 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 - Qfinsoft Technology
| 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 |
Qfinsoft Technology Comparisons
Competitors of Qfinsoft Technology
Qfinsoft Technology 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 Flexcompute, Ingrid Cloud, Nextflow Software, Dive CAE and ENGYS, 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 |
Simulation software is provided for aerospace, automotive, and photonics industries.
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| domain | founded_year | HQ Location |
Cloud-based airflow and fluid simulations are offered for design optimization.
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| domain | founded_year | HQ Location |
CFD fluid simulation software is supplied for manufacturing applications.
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| domain | founded_year | HQ Location |
Simulation software for engineering design optimization is provided.
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| domain | founded_year | HQ Location |
Open source CFD and simulation software is developed and supported.
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| domain | founded_year | HQ Location |
Cloud-based data visualization and analytics tool
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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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Frequently Asked Questions about Qfinsoft Technology
When was Qfinsoft Technology founded?
Qfinsoft Technology was founded in 1998 and raised its 1st funding round 12 years after it was founded.
Where is Qfinsoft Technology located?
Qfinsoft Technology is headquartered in Rossland, Canada. It is registered at Rossland, British Columbia, Canada.
How many employees does Qfinsoft Technology have?
As of Dec 31, 2024, the latest employee count at Qfinsoft Technology is 2.
What does Qfinsoft Technology do?
Founded in 1998 and based in Rossland, Canada, Qfinsoft Technology is involved in the development and distribution of simulation software within the thermal management sector. Tools like Qfin are utilized for configuring and optimizing electronic thermal designs through CFD solvers, while QLed supports LED thermal simulations with custom databases, optimization modules, and performance reporting. Applications encompass heat sinks, enclosures, cold plates, and transient modeling for system-level analysis.
Who are the top competitors of Qfinsoft Technology?
Qfinsoft Technology's top competitors include Flexcompute, Shanghai Sochen Information Technology and Ingrid Cloud.
Who are Qfinsoft Technology's investors?
Qfinsoft Technology has 2 investors. Key investors include National Research Council Canada, and Aavid Thermalloy.