About Q-Free
Q-Free is a company based in Trondheim (Norway) founded in 1984 was acquired by Rieber & Son in December 2022.. The company has 1 employees as of March 31, 2024. Q-Free offers products and services including Q-Flow, Q-Clean, and Q-Safe. Q-Free operates in a competitive market with competitors including Visteon, Kapsch, Autotalks, NoTraffic and Derq, among others.
- Headquarter Trondheim, Norway
- Employees 1 as on 31 Mar, 2024
-
Sectors
Transportation, Automotive & Logistics
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Q-Free Denmark Aps
-
Annual Revenue
-
Net Profit
$64.45 K (USD)166as on Dec 31, 2022
-
EBITDA
-
Latest Funding Round
$6.12 M (USD), Post-IPO
Dec 18, 2020
-
Investors
Kapsch
& 1 more
-
Employee Count
1
as on Mar 31, 2024
-
Acquired by
Rieber & Son
(Dec 06, 2022)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Q-Free
Q-Free offers a comprehensive portfolio of products and services, including Q-Flow, Q-Clean, and Q-Safe. 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.
Software optimizing movement of people, goods, and data in traffic systems.
Solutions for congestion charging and low-emission zone monitoring.
Tools for enforcement and license plate recognition in traffic control.
Unlock access to complete
Unlock access to complete
Funding Insights of Q-Free
- Total Funding Total Funding
- Total Rounds 2
- Last Round Post-IPO — $6.1M
-
First Round
First Round
(29 Sep 2016)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2020 | Amount | Post-IPO - Q-Free | Valuation |
investors |
|
| Sep, 2016 | Amount | Post-IPO - Q-Free | Valuation |
investors |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Q-Free
Q-Free has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Kapsch and Rieber & Søn. 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 |
|---|---|---|---|---|
|
SaaS-enabled traffic management solutions are offered to traffic authorities.
|
Founded Year | Domain | Location | |
|
A Norwegian family-owned investment company with industrial roots is operated.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Q-Free
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Q-Free
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Q-Free Comparisons
Competitors of Q-Free
Q-Free 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 Visteon, Kapsch, Autotalks, NoTraffic and Derq, 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 |
AI and cloud-enabled solutions and electronics for connected and autonomous vehicles
|
|
| domain | founded_year | HQ Location |
SaaS-enabled traffic management solutions are offered to traffic authorities.
|
|
| domain | founded_year | HQ Location |
V2X communication modules for vehicles and infrastructure are developed.
|
|
| domain | founded_year | HQ Location |
AI-enabled automatic traffic management solutions are provided for operators.
|
|
| domain | founded_year | HQ Location |
AI-enabled V2X solutions are provided for connected and autonomous vehicles.
|
|
| domain | founded_year | HQ Location |
IoT-based sensors for road traffic monitoring and analytics are developed.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Q-Free
Frequently Asked Questions about Q-Free
When was Q-Free founded?
Q-Free was founded in 1984 and raised its 1st funding round 32 years after it was founded.
Where is Q-Free located?
Q-Free is headquartered in Trondheim, Norway. It is registered at Trondheim, Trøndelag, Norway.
How many employees does Q-Free have?
As of Mar 31, 2024, the latest employee count at Q-Free is 1.
What does Q-Free do?
Q-Free was founded in 1984 in Trondheim, Norway, and operates within the intelligent transport systems sector. Solutions are delivered for tolling, traffic management, smart parking, and connected vehicle applications. Hardware products, including those for mobility management, automatic number plate recognition, imaging systems, onboard units, and parking, are offered. DSRC transceivers are manufactured to enable infrastructure-to-vehicle communication.
Who are the top competitors of Q-Free?
What products or services does Q-Free offer?
Q-Free offers Q-Flow, Q-Clean, and Q-Safe.
Who are Q-Free's investors?
Q-Free has 2 investors. Key investors include Kapsch, and Rieber & Søn.