About QLess
QLess is a company based in Pasadena (United States) founded in 2007 was acquired by Palisades Growth Capital in November 2021.. QLess has raised $19 million across 3 funding rounds from investors including Thayer Ventures, Wellington Financial and Altos Ventures Management. The company has 38 employees as of December 31, 2022. QLess offers products and services including Queue Management, Appointment Scheduling, Call Back Queuing, and Service Intelligence. QLess operates in a competitive market with competitors including Calendly, Chili Piper, TimeTrade, Jifflenow and Kronologic, among others.
- Headquarter Pasadena, United States
- Employees 38 as on 31 Dec, 2022
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Sectors
Industrial Goods & ManufacturingTechnology
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Email
***********
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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
$19 M (USD)
in 3 rounds
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Latest Funding Round
$10 M (USD), Series B
Nov 22, 2018
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Investors
Thayer Ventures
& 5 more
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Employee Count
38
as on Dec 31, 2022
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Acquired by
Palisades Growth Capital
(Nov 23, 2021)
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Products & Services of QLess
QLess offers a comprehensive portfolio of products and services, including Queue Management, Appointment Scheduling, Call Back Queuing, and Service Intelligence. 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.
System to eliminate waiting lines and streamline customer flows.
Platform for flexible booking and customer notifications.
Feature enabling virtual waits and real-time updates.
Tool for data insights on operations and customer experiences.
Unlock access to complete
Funding Insights of QLess
QLess has successfully raised a total of $19M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $10 million completed in November 2018. 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 B — $10.0M
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First Round
First Round
(14 Mar 2016)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2018 | Amount | Series B - QLess | Valuation | Altos Ventures Management | |
| Nov, 2017 | Amount | Series A - QLess | Valuation |
investors |
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| Mar, 2016 | Amount | Series A - QLess | 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 QLess
QLess has secured backing from 6 investors, including venture fund investors. Prominent investors backing the company include Thayer Ventures, Wellington Financial and Altos Ventures Management. 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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Early-stage companies are funded by this venture capital firm.
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Founded Year | Domain | Location | |
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US focused VC firm
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Founded Year | Domain | Location | |
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Seed-stage investments are managed by KBB Capital in Boston.
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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 QLess
| 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 - QLess
| 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 |
Qless Comparisons
Competitors of QLess
QLess 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 Calendly, Chili Piper, TimeTrade, Jifflenow and Kronologic, 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 |
Meetings are scheduled via a cloud-based collaboration platform.
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| domain | founded_year | HQ Location |
Lead routing and calendar scheduling for sales teams are facilitated.
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| domain | founded_year | HQ Location |
Online appointment scheduling is facilitated for enterprises and small businesses.
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| domain | founded_year | HQ Location |
Cloud-based platform for meeting automation and scheduling is provided.
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| domain | founded_year | HQ Location |
AI-powered meeting scheduling 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 Qless
Frequently Asked Questions about QLess
When was QLess founded?
QLess was founded in 2007 and raised its 1st funding round 9 years after it was founded.
Where is QLess located?
QLess is headquartered in Pasadena, United States. It is registered at Pasadena, California, United States.
Is QLess a funded company?
QLess is a funded company, having raised a total of $19M across 3 funding rounds to date. The company's 1st funding round was a Series A of $3.5M, raised on Mar 14, 2016.
How many employees does QLess have?
As of Dec 31, 2022, the latest employee count at QLess is 38.
What does QLess do?
QLess provides a queuing, appointments, CRM marketing platform. It sends voice calls and text messages to customers cell phones. Lets customers opt-in to SMS promotions from the merchant, and lets merchants easily build an SMS marketing channel and use analytics. Used in DMVs, restaurants, retail stores, shopping malls, doctors offices, colleges and more.
Who are the top competitors of QLess?
QLess's top competitors include Calendly, Chili Piper and Jifflenow.
What products or services does QLess offer?
QLess offers Queue Management, Appointment Scheduling, Call Back Queuing, and Service Intelligence.
Who are QLess's investors?
QLess has 6 investors. Key investors include Thayer Ventures, Wellington Financial, Altos Ventures Management, KBB Capital, and Palisades Growth Capital.