About Quartix
Quartix is a company based in Chicago (United States) founded in 2001 by Dror Polak and Noam Mani. It operates as a SaaS (Software-as-a-Service), and Subscription Services. Quartix has completed 1 acquisition, including Konetik. Quartix offers products and services including GPS Vehicle Tracking, Fleet Management Software, and Electric Vehicle Tracking. Quartix operates in a competitive market with competitors including Samsara, Spireon, Inseego, EquipmentShare and Fleet Complete, among others.
- Headquarter Chicago, United States
- Founders Dror Polak, Noam Mani
- Stage Public
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Sectors
Industrial Goods & ManufacturingTransportation, Automotive & Logistics
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Email
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Phone
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Website
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Social
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- Legal Name Quartix Inc
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$57.01 K (USD), Grant
Nov 01, 2018
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Investors
European Union
& 1 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of Quartix
Quartix offers a comprehensive portfolio of products and services, including GPS Vehicle Tracking, Fleet Management Software, and Electric Vehicle Tracking. 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.
Vehicles are tracked in real-time for efficiency.
Fleet operations are managed through integrated software.
Electric vehicles are monitored for optimal performance.
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Funding Insights of Quartix
- Total Funding Total Funding
- Total Rounds 2
- Last Round Grant — $57,013
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First Round
First Round
(28 Jun 2017)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Nov, 2018 | Amount | Grant - Quartix | Valuation |
investors |
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| Jun, 2017 | Amount | Post-IPO - Quartix | 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 Quartix
Quartix has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include European Union and Queen City FinTech. 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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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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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 Quartix
Quartix has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Konetik. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
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OBDII-based tracking is provided for small and medium fleet management.
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2014 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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Bionic investment advisor platform
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Quartix
| 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 |
Quartix Comparisons
Competitors of Quartix
Quartix 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 Samsara, Spireon, Inseego, EquipmentShare and Fleet Complete, 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 |
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners.
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SaaS-enabled solutions for fleet and field service management are offered.
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IoT networking hardware and device management platforms are provided.
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Equipment rental marketplace and digital tools for construction are offered.
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| domain | founded_year | HQ Location |
Fleet, asset, and mobile workforce management solutions are provided.
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| domain | founded_year | HQ Location |
Usage-based data monitoring solutions for the auto insurance industry
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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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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Quartix
Frequently Asked Questions about Quartix
When was Quartix founded?
Quartix was founded in 2001 and raised its 1st funding round 16 years after it was founded.
Where is Quartix located?
Quartix is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
Who is the current CEO of Quartix?
Noam Mani is the current CEO of Quartix. They have also founded this company.
What does Quartix do?
Quartix is focused on delivering GPS vehicle tracking and fleet management solutions. Services are provided to businesses for real-time vehicle monitoring, route optimization, and driver safety improvement. The company operates in the telematics sector, offering software and hardware for fleet operations across various industries. Solutions are tailored for fleet managers, business owners, and logistics teams. Electric vehicle tracking is also supported to ensure compatibility with diverse fleets. Comprehensive reports and mobile apps are included to enhance operational efficiency and decision-making.
Who are the top competitors of Quartix?
Quartix's top competitors include Samsara, EquipmentShare and Inseego.
What products or services does Quartix offer?
Quartix offers GPS Vehicle Tracking, Fleet Management Software, and Electric Vehicle Tracking.
How many acquisitions has Quartix made?
Quartix has made 1 acquisition, including Konetik.
Who are Quartix's investors?
Quartix has 2 investors. Key investors include European Union, and Queen City FinTech.
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