About Qredible
Qredible is a company based in Cherry Hill (United States) founded in 2019 by Rick Mcdonald and Brian Fitzpatrick.. Qredible has raised $1.57 million across 3 funding rounds. Qredible offers products and services including MyCOA, QMonitor, QVault, QTransact, and QTrust. Qredible operates in a competitive market with competitors including Agrify, Terraflos, Simplifya, GrowerIQ and BioTrackTHC, among others.
- Headquarter Cherry Hill, United States
- Founders Rick Mcdonald, Brian Fitzpatrick
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Sectors
HealthcareAgriculture
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Phone
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Website
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Social
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- Legal Name Qredible 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
$1.57 M (USD)
in 3 rounds
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Latest Funding Round
$1.02 M (USD), Seed
Oct 11, 2023
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Investors
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Employee Count
Employee Count
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Products & Services of Qredible
Qredible offers a comprehensive portfolio of products and services, including MyCOA, QMonitor, QVault, QTransact, and QTrust. 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.
Manages Certificates of Analysis for product verification
Automates compliance monitoring for high-risk businesses
Secures compliance-related data storage
Facilitates compliance-driven supply chain transactions
Enhances credibility through verification processes
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Funding Insights of Qredible
Qredible has successfully raised a total of $1.57M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $1.02 million completed in October 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 3
- Last Round Seed — $1.0M
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First Round
First Round
(05 Jan 2021)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Oct, 2023 | Amount | Seed - Qredible | Valuation |
investors |
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| Oct, 2022 | Amount | Seed - Qredible | Valuation |
investors |
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| Jan, 2021 | Amount | Seed - Qredible | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Investments & Acquisitions by Qredible
| 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 - Qredible
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Qredible Comparisons
Competitors of Qredible
Qredible 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 Agrify, Terraflos, Simplifya, GrowerIQ and BioTrackTHC, 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 |
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| domain | founded_year | HQ Location |
Farm management solutions for hemp and cannabis production are provided.
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| domain | founded_year | HQ Location |
Medical cannabis products are provided based on GMP processes.
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| domain | founded_year | HQ Location |
Cloud-based audit and compliance software is provided for cannabis businesses.
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| domain | founded_year | HQ Location |
Seed-to-sale cannabis management software is provided for cultivation operations.
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| domain | founded_year | HQ Location |
Provides farm business management solutions for medical cannabis industry
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| domain | founded_year | HQ Location |
Data source provider for medical cannabis community
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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 Qredible
Frequently Asked Questions about Qredible
When was Qredible founded?
Qredible was founded in 2019 and raised its 1st funding round 2 years after it was founded.
Where is Qredible located?
Qredible is headquartered in Cherry Hill, United States. It is registered at Cherry Hill, New Jersey, United States.
Who is the current CEO of Qredible?
Brian Fitzpatrick is the current CEO of Qredible. They have also founded this company.
Is Qredible a funded company?
Qredible is a funded company, having raised a total of $1.57M across 3 funding rounds to date. The company's 1st funding round was a Seed of $100K, raised on Jan 05, 2021.
What does Qredible do?
Qredible was founded in 2019 in Cherry Hill, United States, as an AI and cloud-based platform focused on cannabis regulatory technology. Compliance data is tracked via the Q-Trust digital registry, while integrated e-commerce solutions are offered through Q-Vault. Business management and workflow processes are handled by Qredible software. Quality checks for hemp farmers, CBD companies, and their products are supported, alongside services for transactions in the cannabis sector.
Who are the top competitors of Qredible?
Qredible's top competitors include Agrify, BioTrackTHC and Terraflos.
What products or services does Qredible offer?
Qredible offers MyCOA, QMonitor, QVault, QTransact, and QTrust.