About QUMEA
QUMEA is a company based in Solothurn (Switzerland) founded in 2019 by Ido Gershoni, Cyrill Gyger, and David Meier.. QUMEA has raised $12.36 million across 4 funding rounds from investors including UBS, Zurcher Kantonalbank and GRO. QUMEA offers products and services including QUMEA System, Radar Sensor, and Monitoring Software. QUMEA operates in a competitive market with competitors including Scout, Kangaroo, Aerial, LightwaveRF and VizioSense, among others.
- Headquarter Solothurn, Switzerland
- Founders Ido Gershoni, Cyrill Gyger, David Meier
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Sectors
TechnologyHealthcare
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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
$12.36 M (USD)
in 4 rounds
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Latest Funding Round
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Investors
UBS
& 2 more
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Employee Count
Employee Count
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Products & Services of QUMEA
QUMEA offers a comprehensive portfolio of products and services, including QUMEA System, Radar Sensor, and Monitoring Software. 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.
Contactless radar for real-time patient movement detection and alerts.
Device that tracks human movement anonymously in patient rooms.
Application for analyzing mobility data and notifying caregivers.
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Funding Insights of QUMEA
QUMEA has successfully raised a total of $12.36M across 4 strategic funding rounds. 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 4
- Last Round Last Round
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First Round
First Round
(07 Apr 2021)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2025 | Amount | Series A - QUMEA | Valuation |
investors |
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| Jan, 2024 | Amount | Debt – Conventional - QUMEA | Valuation |
investors |
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| Jan, 2024 | Amount | Series A - QUMEA | Valuation | Zurcher Kantonalbank |
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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 QUMEA
QUMEA has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include UBS, Zurcher Kantonalbank and 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 | |
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Financial services are provided globally by UBS for wealth management.
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Founded Year | Domain | Location | |
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Commercial banking services are provided across Switzerland by Zurcher Kantonalbank.
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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 QUMEA
| 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 - QUMEA
| 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 |
Qumea Comparisons
Competitors of QUMEA
QUMEA 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 Scout, Kangaroo, Aerial, LightwaveRF and VizioSense, 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 |
Scout is engaged in providing asset tracking solutions.
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| domain | founded_year | HQ Location |
Security solutions for residential buildings are developed.
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| domain | founded_year | HQ Location |
Aerial is focused on Motion Intelligence using WiFi and AI.
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| domain | founded_year | HQ Location |
Home automation solutions including dimmers, sockets, and sensors are provided.
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| domain | founded_year | HQ Location |
AI and cloud-based optical sensors for people counting are provided.
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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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Latest news on Qumea
Frequently Asked Questions about QUMEA
When was QUMEA founded?
QUMEA was founded in 2019 and raised its 1st funding round 2 years after it was founded.
Where is QUMEA located?
QUMEA is headquartered in Solothurn, Switzerland. It is registered at Solothurn, Solothurn, Switzerland.
Who is the current CEO of QUMEA?
Cyrill Gyger is the current CEO of QUMEA. They have also founded this company.
Is QUMEA a funded company?
QUMEA is a funded company, having raised a total of $12.36M across 4 funding rounds to date.
What does QUMEA do?
Developer of human motion sensing systems for the safety of the patients. The company offers a combined process of 3D sensor and radar technology for providing a safe environment for patients. It offers sensors, which continuously sends and receives electromagnetic signals using radar data if the patient has gone out of the restricted area, cloud-based motion data and processes using artificial intelligence to detect an event in real-time, and provides a mobile app for data analysis and live monitoring of the patients. This technology can be used in a situation like when the patient is out of bed, fall, restlessness, and unusual activities.
Who are the top competitors of QUMEA?
QUMEA's top competitors include Kangaroo, Aerial and Pontosense.
What products or services does QUMEA offer?
QUMEA offers QUMEA System, Radar Sensor, and Monitoring Software.
Who are QUMEA's investors?
QUMEA has 3 investors. Key investors include UBS, Zurcher Kantonalbank, and GRO.