About Quext
Quext is a company based in Lubbock (United States) founded in 2017.. Quext has raised $63 million across 2 funding rounds. Quext has completed 2 acquisitions, including Homebase and Viva Equity. Quext offers products and services including Access Control, Smart Thermostat, Managed WiFi, Smart Lighting, and Video Intercom. Quext operates in a competitive market with competitors including RealPage, AppFolio, Entrata, RentRedi and Johnson Controls, among others.
- Headquarter Lubbock, United States
- Stage Minicorn
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Sectors
Real Estate & Construction
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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
$63 M (USD)
in 2 rounds
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Latest Funding Round
$63 M (USD), Series A
Jun 16, 2022
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Investors
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Employee Count
Employee Count
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Investments & Acquisitions
Homebase
& 1 more
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Products & Services of Quext
Quext offers a comprehensive portfolio of products and services, including Access Control, Smart Thermostat, Managed WiFi, Smart Lighting, and Video Intercom. 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.
Mobile-based system for controlling doors, gates, and access logs
Patented device for climate control and integration with locks
Bulk internet solution to enhance connectivity and revenue
Automated lighting system for energy efficiency in buildings
System for visitor and resident interactions via app
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Funding Insights of Quext
Quext has successfully raised a total of $63M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $63 million completed in June 2022. 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 2
- Last Round Series A — $63.0M
- First Round First Round
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2022 | Amount | Series A - Quext | Valuation |
investors |
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| Jun, 2017 | Amount | Seed - Quext | 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 |
Investments & Acquisitions by Quext
Quext has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Homebase and Viva Equity. 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Venture capital firm investing in digital products
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2020 | ||||
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Smart building solutions are provided for multifamily properties by Homebase.
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2016 |
| 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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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Quext
| 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 |
Quext Comparisons
Competitors of Quext
Quext 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 RealPage, AppFolio, Entrata, RentRedi and Johnson Controls, 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 |
AI-enabled property management software is provided for residential properties.
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| domain | founded_year | HQ Location |
SaaS-driven property management software for owners and residential property managers
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| domain | founded_year | HQ Location |
SaaS-driven property management software is provided for owners and managers.
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| domain | founded_year | HQ Location |
Provider of a SaaS-driven tech-first rental agency
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| domain | founded_year | HQ Location |
Automotive batteries and HVAC equipment are manufactured and supplied globally.
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| domain | founded_year | HQ Location |
SaaS-based management solutions are offered for commercial buildings.
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| 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 Quext
Frequently Asked Questions about Quext
When was Quext founded?
Quext was founded in 2017.
Where is Quext located?
Quext is headquartered in Lubbock, United States. It is registered at Lubbock, Texas, United States.
Who is the current CEO of Quext?
Thomas Bres is the current CEO of Quext.
Is Quext a funded company?
Quext is a funded company, having raised a total of $63M across 2 funding rounds to date.
What does Quext do?
Quext was founded in 2017 in Lubbock, United States, within the proptech sector. Property management software incorporating AI and IoT is provided for apartments. Solutions are targeted at landlords, operators, and residents, with features such as IoT-enabled smart locks, virtual leasing agents, and content management systems included in the offerings. Operations focus on streamlining residential property tasks through digital integration.
Who are the top competitors of Quext?
What products or services does Quext offer?
Quext offers Access Control, Smart Thermostat, Managed WiFi, Smart Lighting, and Video Intercom.
How many acquisitions has Quext made?
Quext has made 2 acquisitions, including Homebase, and Viva Equity.
What is Quext's valuation?
The valuation of Quext is $350M as of Jun 2022.