About Quinyx
Quinyx is a company based in Stockholm (Sweden) founded in 2005. Quinyx has raised $103.3 million across 5 funding rounds from investors including Battery Ventures, Zobito and Alfvén & Didrikson. Quinyx has completed 2 acquisitions, including ConcretePlatform and Widget Brain. Quinyx offers products and services including Workforce Management, Scheduling, Time & Attendance, and Demand Forecasting. Quinyx operates in a competitive market with competitors including Legion, WorkJam, Harri, Work Market and Eden Workplace, among others.
- Headquarter Stockholm, Sweden
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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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- Legal Name Quinyx Ab
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$103.3 M (USD)
in 5 rounds
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Latest Funding Round
$50 M (USD), Series C
Nov 30, 2021
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Investors
Battery Ventures
& 2 more
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Employee Count
Employee Count
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Investments & Acquisitions
ConcretePlatform
& 1 more
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Products & Services of Quinyx
Quinyx offers a comprehensive portfolio of products and services, including Workforce Management, Scheduling, Time & Attendance, and Demand Forecasting.
Platform for automated scheduling and compliance in businesses.
AI-based system for efficient shift planning and cost control.
Tools for time-clocking and payroll integration management.
AI-driven predictions for accurate labor needs and optimization.
People of Quinyx
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Software Development Team
21 people
Product Management Team
18 people
Leadership Team
11 people
Senior Team
11 people
Sales and Marketing
6 people
Board Team
4 people
Operations Team
4 people
Data Analysis and Operations Team
4 people
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Funding Insights of Quinyx
Quinyx has successfully raised a total of $103.3M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $50 million completed in November 2021. 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 5
- Last Round Series C — $50.0M
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First Round
First Round
(14 Aug 2014)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2021 | Amount | Series C - Quinyx | Valuation | Battery Ventures |
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| Jan, 2019 | Amount | Series C - Quinyx | Valuation | Battery Ventures , Zobito |
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| Dec, 2017 | Amount | Series B - Quinyx | Valuation | Battery Ventures |
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Investors in Quinyx
Quinyx has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Battery Ventures, Zobito and Alfvén & Didrikson.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Investments in technology companies are conducted globally by Battery Ventures.
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Founded Year | Domain | Location | |
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Growth-stage tech investments are targeted in Sweden by Zobito.
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Founded Year | Domain | Location | |
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Early & mid-stage life sciences and tech focused VC firm investing primarily in Sweden
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Founded Year | Domain | Location |
Investments & Acquisitions by Quinyx
Quinyx has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include ConcretePlatform and Widget Brain.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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AI-powered contingent workforce management solutions are provided.
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2015 | ||||
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Manufacturer of fertilizers and chemical products
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2004 |
Financial Statements - Quinyx
Quinyx Comparisons
Competitors of Quinyx
Quinyx 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 Legion, WorkJam, Harri, Work Market and Eden Workplace, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Workforce management solutions are provided through intelligent automation technology.
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| domain | founded_year | HQ Location |
Hourly workforce schedules and communications are managed via software.
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| domain | founded_year | HQ Location |
Recruitment and workforce management are offered for hospitality.
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| domain | founded_year | HQ Location |
Freelance management, payments, and reporting are facilitated by AI software.
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| domain | founded_year | HQ Location |
SaaS-based workplace management software for offices is delivered.
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| domain | founded_year | HQ Location |
Cloud-based HCM software is provided for enterprise HR processes.
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Frequently Asked Questions about Quinyx
Quinyx was founded in 2005 and raised its 1st funding round 9 years after it was founded.
Quinyx is headquartered in Stockholm, Sweden.
Quinyx is a funded company, having raised a total of $103.3M across 5 funding rounds to date. The company's 1st funding round was a Series B of $12M, raised on Aug 14, 2014.
Quinyx was founded in 2005 in Stockholm, Sweden, and provides cloud-based workforce management solutions. Operations focus on scheduling, task tracking, employee engagement, and pay calculations for frontline workers. Services include optimized forecasting, absentee monitoring, staff planning, and communication tools like Qmail and text messaging. The platform serves sectors such as retail, hospitality, healthcare, logistics, and facility management across various geographies.
Quinyx offers Workforce Management, Scheduling, Time & Attendance, and Demand Forecasting.
Quinyx has made 2 acquisitions, including ConcretePlatform, and Widget Brain.
Quinyx has 3 investors. Key investors include Battery Ventures, Zobito, and Alfvén & Didrikson.