About Queue-it
Queue-it is a company based in Ballerup (Denmark) founded in 2010 was acquired by GRO Capital in March 2020.. Queue-it has raised $280 thousand across 1 funding round from investors including GRO.
- Headquarter Ballerup, Denmark
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Sectors
Technology
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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
$280 K (USD)
in 1 rounds
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Latest Funding Round
$280 K (USD), Seed
Jul 01, 2010
- Investors
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Employee Count
Employee Count
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Acquired by
GRO Capital
(Mar 26, 2020)
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Software Development Team
29 people
Sales and Marketing
20 people
Leadership Team
11 people
Senior Team
8 people
Human Resources and Administration
3 people
Finance and Accounting
3 people
Operations Team
3 people
Product Management Team
3 people
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Funding Insights of Queue-it
Queue-it has successfully raised a total of $280K through 1 strategic funding round. The most recent funding activity was a Seed round of $280 thousand completed in July 2010. 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 1
- Last Round Seed — $280,000
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First Round
First Round
(01 Jul 2010)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2010 | Amount | Seed - Queue-it | Valuation |
investors |
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| 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 Queue-it
Queue-it has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include GRO. 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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GRO is focused on investing in B2B software companies.
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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 Queue-it
| 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 - Queue-it
| 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 |
Queue-It Comparisons
Competitors of Queue-it
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Queue-It
Frequently Asked Questions about Queue-it
When was Queue-it founded?
Queue-it was founded in 2010.
Where is Queue-it located?
Queue-it is headquartered in Ballerup, Denmark.
Is Queue-it a funded company?
Queue-it is a funded company, having raised a total of $280K across 1 funding round to date. The company's 1st funding round was a Seed of $280K, raised on Jul 01, 2010.
What does Queue-it do?
Queue-it is an online queue system for managing website overload during extreme user peaks. By adding Queue-it to the website, users exceeding the site capacity limits are offloaded to the queue system. The volume and pace of user inflow to the website are managed dynamically in the browser-based self-service console. As the site capacity opens up, the users, who waited in line, are redirected back to the site, in the correct order and pace. It identifies and blocks bot traffic with advanced fraud protection that stops scripted bots and the organized fraudulent human activity, reducing traffic. The basic protection filters out the most obvious bots and challenges them with a CAPTCHA. It can be easily integrated with platforms such as Tessitura software, Akamai CDN, Fastly CDN, SAP Hybris, Magento, Cloudflare, and SRO TopTix. The target market includes retail, ticketing, education, and public sector. Clientele includes SONOS, Ticketfly, T-Mobile, and Sydney Opera house. Partners include AWS, Distil networks, Tessitura Network, and CloudFlare.
Who are Queue-it's investors?
Queue-it has 1 investor. Key investors include GRO.
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