About Qui
Qui is a company based in Toronto (Canada) founded in 2022 by Peter Carrescia.. Qui has raised $5.06 million across 1 funding round from investors including Round13 Digital Asset Fund, OMERS Ventures and Wittington Ventures. Qui offers products and services including goConfirm App and goCode. Qui operates in a competitive market with competitors including Civic Technologies, Web3Auth, SelfKey, Procivis and IndyKite, among others.
- Headquarter Toronto, Canada
- Founders Peter Carrescia
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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
*********
- Legal Name Confirm Identity 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
$5.06 M (USD)
in 1 rounds
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Latest Funding Round
$5.06 M (USD), Series A
Aug 04, 2022
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Investors
Round13 Digital Asset Fund
& 2 more
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Employee Count
Employee Count
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Products & Services of Qui
Qui offers a comprehensive portfolio of products and services, including goConfirm App and goCode. 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.
App that verifies users to enable secure online transactions and deter scams.
Unique code for sharing verified identity data in online communities.
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Funding Insights of Qui
Qui has successfully raised a total of $5.06M through 1 strategic funding round. The most recent funding activity was a Series A round of $5.06 million completed in August 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 1
- Last Round Series A — $5.1M
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First Round
First Round
(04 Aug 2022)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2022 | Amount | Series A - Qui | Valuation | Round13 Digital Asset Fund |
| 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 Qui
Qui has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Round13 Digital Asset Fund, OMERS Ventures and Wittington Ventures. 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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Investment in digital asset protocols and teams is managed.
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Founded Year | Domain | Location | |
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Early-stage technology-driven companies are targeted for venture capital investments.
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Founded Year | Domain | Location | |
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Wittington Ventures is engaged in investing in technology start-ups.
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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 Qui
| 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 - Qui
| 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 |
Qui Comparisons
Competitors of Qui
Qui 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 Civic Technologies, Web3Auth, SelfKey, Procivis and IndyKite, 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 |
Decentralized identity verification is enabled through AI and blockchain.
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| domain | founded_year | HQ Location |
Cloud-based infrastructure is offered for decentralized applications and wallets.
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| domain | founded_year | HQ Location |
Provider of digital identity wallet management solutions
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| domain | founded_year | HQ Location |
Digital identity management solutions are offered to government agencies.
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| domain | founded_year | HQ Location |
Provider of cloud and blockchain-based security solutions for IoT and AI applications
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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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Frequently Asked Questions about Qui
When was Qui founded?
Qui was founded in 2022.
Where is Qui located?
Qui is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Is Qui a funded company?
Qui is a funded company, having raised a total of $5.06M across 1 funding round to date. The company's 1st funding round was a Series A of $5.06M, raised on Aug 04, 2022.
What does Qui do?
Offering federated identity management solutions. Providing Distributed Identity tools that people and businesses will rely on for digital and real-world interactions. With a user-controlled digital identity wallet, people will share certified claims about their identity to access products and services, with total ownership over their data.
Who are the top competitors of Qui?
Qui's top competitors include Civic Technologies, Web3Auth and SelfKey.
What products or services does Qui offer?
Qui offers goConfirm App and goCode.
Who are Qui's investors?
Qui has 3 investors. Key investors include Round13 Digital Asset Fund, OMERS Ventures, and Wittington Ventures.