About Quorbit
Quorbit is a company based in Headington (United Kingdom) founded in 2017 by Matt Brown, Dave Oxley, and Michael Pearce was acquired by UKG in November 2022.. Quorbit operates in a competitive market with competitors including Workday, Kronos, Darwinbox, Sage Group and People Strong, among others.
- Headquarter Headington, United Kingdom
- Founders Matt Brown, Dave Oxley, Michael Pearce
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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 Quorbit Ltd
- Date of Incorporation 13 Oct, 2016
- Jurisdiction BRACKNELL, BERKSHIRE, ENGLAND
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Funding Insights of Quorbit
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
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Investors in Quorbit
Quorbit has secured backing from 1 investor. Prominent investors backing the company include UKG. 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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Provider of HR and payroll & workforce management solutions
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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 Quorbit
| 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 - Quorbit
| 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 |
Quorbit Comparisons
Competitors of Quorbit
Quorbit 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 Workday, Kronos, Darwinbox, Sage Group and People Strong, 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 |
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| domain | founded_year | HQ Location |
Cloud-based HR and financial software is delivered to enterprises.
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| domain | founded_year | HQ Location |
HCM software solutions for enterprise workforce management are provided.
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| domain | founded_year | HQ Location |
Human capital management platform is provided for HR process automation.
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| domain | founded_year | HQ Location |
Cloud-based accounting and payroll solutions for small and medium businesses
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| domain | founded_year | HQ Location |
Cloud-based human resource management software is offered.
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| domain | founded_year | HQ Location |
Cloud-based payroll and HR solutions are provided for businesses.
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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 Quorbit
When was Quorbit founded?
Quorbit was founded in 2017.
Where is Quorbit located?
Quorbit is headquartered in Headington, United Kingdom.
What does Quorbit do?
Quorbit was founded in 2017 in Headington, United Kingdom, as a cloud-based HRMS platform serving enterprises in the human resources sector. AI-driven workforce planning tools are provided, encompassing team capacity forecasting, analytics, skill gap assessments, payroll budgeting, leave administration, and recruitment strategies. Operational planning features address on-site staff needs and worksite monitoring. Compatibility with HR, finance, and other corporate systems is supported.
Who are the top competitors of Quorbit?
Quorbit's top competitors include Workday, SuccessFactors and Sage Group.
Who are Quorbit's investors?
Quorbit has 1 investor. Key investors include UKG.
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