About QRA
QRA is a company based in Halifax (Canada) founded in 2012. QRA has raised $7.76 million across 3 funding rounds from investors including BDC, Atlantic Canada Opportunities Agency and Invest Nova Scotia. QRA offers products and services including QVscribe. QRA operates in a competitive market with competitors including Ansys, Monolith, SPREAD, Esterel Technologies and Controllab, among others.
- Headquarter Halifax, Canada
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Sectors
Industrial Goods & Manufacturing
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Qra Corp
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$7.76 M (USD)
in 3 rounds
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Latest Funding Round
$3.76 M (USD), Seed
Apr 12, 2021
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Investors
BDC
& 3 more
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Employee Count
Not available
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Products & Services of QRA
QRA offers a comprehensive portfolio of products and services, including QVscribe.
Tool for real-time quality checks on engineering requirements.
Funding Insights of QRA
QRA has successfully raised a total of $7.76M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $3.76 million completed in April 2021. 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.
Investors in QRA
QRA has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include BDC, Atlantic Canada Opportunities Agency and Invest Nova Scotia.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage VC firm investing in geographies such as the US & France
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Economic development in Atlantic Canada is supported by federal initiatives.
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Delivers expert business strategy and technology consulting services to support organizational growth.
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Investor details for QRA
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Investments & Acquisitions by QRA
Investment portfolio details for QRA
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Financial Statements - QRA
Detailed financials for QRA
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Qra Comparisons
Peer comparison for QRA
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Competitors of QRA
QRA 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 Ansys, Monolith, SPREAD, Esterel Technologies and Controllab, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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CAD-based design analysis simulation software is provided for engineers.
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AI and machine learning-based design simulations software is provided.
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Digital engineering assistant software is provided for manufacturing.
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Critical Systems and Software Development Solutions
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Solutions in model-based design for machine controllers are provided.
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Detailed competitors of QRA
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Latest news on Qra
Complete news archive for QRA
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Frequently Asked Questions about QRA
QRA was founded in 2012 and raised its 1st funding round 3 years after it was founded.
QRA is headquartered in Halifax, Canada. It is registered at Halifax, Nova Scotia, Canada.
QRA is a funded company, having raised a total of $7.76M across 3 funding rounds to date.
QRA corporation provides engineering solutions for enterprises to verify their designs and requirements in the early stages of the development process and also to reduce testing cost, effort time. The products are QVSCRIBE which is integrated with the MS word, enabling engineers to enhance the quality and clarity of the technical requirements and QVTRACE allow engineers to import designs from any tools like Simulink, SCADE, and Modelica, followed by requirements import. QVtrace exactly detects the logical functional errors in the design and also pinpoints missing designs against the requirements.
QRA offers QVscribe.
QRA has 4 investors. Key investors include BDC, Atlantic Canada Opportunities Agency, Invest Nova Scotia, and Newfund.