About Qortex
Qortex is a company based in New York (United States) founded in 2019.. Qortex has raised $18.15 million across 4 funding rounds from investors including Plug and Play Tech Center, GFT Ventures and Silicon Road. Qortex offers products and services including Advanced Video Intelligence and Video Signals Insights. Qortex operates in a competitive market with competitors including Extreme Reach, Pixability, Spirable, Kuaizi and Storyteq, among others.
- Headquarter New York, United States
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Sectors
Media & Entertainment
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Phone
*********
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Website
*********
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Social
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- Legal Name Qortex 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
$18.15 M (USD)
in 4 rounds
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Latest Funding Round
$10 M (USD), Series A
Nov 20, 2023
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Investors
Plug and Play Tech Center
& 5 more
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Employee Count
Employee Count
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Products & Services of Qortex
Qortex offers a comprehensive portfolio of products and services, including Advanced Video Intelligence and Video Signals Insights. 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.
Tool for frame-by-frame video analysis and performance insights.
Service linking video content to ad targeting and optimization.
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Funding Insights of Qortex
Qortex has successfully raised a total of $18.15M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $10 million completed in November 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 4
- Last Round Series A — $10.0M
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First Round
First Round
(27 Nov 2019)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2023 | Amount | Series A - Qortex | Valuation | GFT Ventures | |
| Aug, 2023 | Amount | Series A - Qortex | Valuation |
investors |
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| May, 2021 | Amount | Grant - Qortex | 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 Qortex
Qortex has secured backing from 6 investors, including venture fund investors. Prominent investors backing the company include Plug and Play Tech Center, GFT Ventures and Silicon Road. 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 firm focused on technology sectors
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Founded Year | Domain | Location | |
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Startup accelerator focused on foodtech and retail sectors
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Founded Year | Domain | Location | |
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Early-stage entrepreneurs are accelerated through MassChallenge's program.
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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 Qortex
| 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 - Qortex
| 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 |
Qortex Comparisons
Competitors of Qortex
Qortex 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 Extreme Reach, Pixability, Spirable, Kuaizi and Storyteq, 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 |
Digital video advertising is managed and distributed across multiple mediums.
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| domain | founded_year | HQ Location |
Cloud-based video marketing for YouTube ads is provided by Pixability.
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| domain | founded_year | HQ Location |
Platform offering video creative management solution
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| domain | founded_year | HQ Location |
AI-based short videos are generated for business marketing needs.
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| domain | founded_year | HQ Location |
Cloud-based solutions for video and banner ad creatives are provided.
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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 Qortex
Frequently Asked Questions about Qortex
When was Qortex founded?
Qortex was founded in 2019.
Where is Qortex located?
Qortex is headquartered in New York, United States. It is registered at New York, New York, United States.
Is Qortex a funded company?
Qortex is a funded company, having raised a total of $18.15M across 4 funding rounds to date.
What does Qortex do?
Offering AI based video creative management platform and in video monetization. It provides solutions that help brands distribute premium video content and match advertisers to contextually relevant videos using AI. It combines artificial intelligence, contextual targeting, and programmatic advertising.
Who are the top competitors of Qortex?
Qortex's top competitors include Extreme Reach, Pixability and Spirable.
What products or services does Qortex offer?
Qortex offers Advanced Video Intelligence and Video Signals Insights.
Who are Qortex's investors?
Qortex has 6 investors. Key investors include Plug and Play Tech Center, GFT Ventures, Silicon Road, MassChallenge, and Quake Capital.
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