About Qvantel
Qvantel is a company based in Helsinki (Finland) founded in 1995 by Jason Grant.. The company has 223 employees as of August 21, 2024. Qvantel has completed 1 acquisition, including Optiva. Qvantel offers products and services including Qvantel Flex BSS, Flex Customer Care Copilot, FTTx Solutions, B2B Solutions, and Managed Services. Qvantel operates in a competitive market with competitors including Neusoft, Synchronoss, Cerillion, AsiaInfo and Amdocs, among others.
- Headquarter Helsinki, Finland
- Employees 223 as on 21 Aug, 2024
- Founders Jason Grant
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Sectors
Telecommunications
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Phone
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Website
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Social
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- Legal Name Qvantel Software Solutions Limited
- Date of Incorporation 01 Feb, 2007
- Jurisdiction Shaikpet, Telangana, India
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Products & Services of Qvantel
Qvantel offers a comprehensive portfolio of products and services, including Qvantel Flex BSS, Flex Customer Care Copilot, FTTx Solutions, B2B Solutions, and Managed Services. 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.
No-code solution for telecom business agility and operations.
AI-driven support for telecom customer engagement and care.
Tools for fiber-to-the-x network deployment and management.
Services for business-to-business telecom offerings and integration.
Deployment and maintenance for telecom systems and SaaS.
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Software Development Team
65 people
Senior Team
11 people
Leadership Team
7 people
Human Resources and Administration
4 people
Product Management Team
4 people
Operations Team
4 people
Finance and Accounting
3 people
Data Analysis and Operations Team
2 people
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Funding Insights of Qvantel
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2016 | Amount | Unspecified - Qvantel | Valuation | LetterOne |
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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 Qvantel
Qvantel has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include LetterOne. 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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LetterOne is engaged in long-term investments across key sectors.
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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 Qvantel
Qvantel has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Optiva. 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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Cloud-based billing solutions are provided via Optiva's platform.
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1999 |
| 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 - Qvantel
| 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 |
Qvantel Comparisons
Competitors of Qvantel
Qvantel 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 Neusoft, Synchronoss, Cerillion, AsiaInfo and Amdocs, 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 |
IT solutions and services are provided to multiple industries.
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SaaS-based platform providing subscriber analytics, network asset management, and cloud services
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Cloud-based billing and customer management solutions are provided for businesses.
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OSS/BSS and IT services are provided to the telecommunications sector.
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| domain | founded_year | HQ Location |
Cloud-based OSS and BSS solutions are provided to communications providers.
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Cloud-based platform is used for network management and optimization.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Qvantel
Frequently Asked Questions about Qvantel
When was Qvantel founded?
Qvantel was founded in 1995 and raised its 1st funding round 21 years after it was founded.
Where is Qvantel located?
Qvantel is headquartered in Helsinki, Finland.
How many employees does Qvantel have?
As of Aug 21, 2024, the latest employee count at Qvantel is 223.
What is the annual revenue of Qvantel?
Annual revenue of Qvantel is $7.06M as on Mar 31, 2023.
What does Qvantel do?
Founded in 1995 and based in Helsinki, Finland, Qvantel operates in the telecommunications sector by offering BSS solutions tailored for communication service providers. These solutions facilitate customer experience management, product portfolio analysis, and revenue stream oversight. The suite encompasses channels including telesales, customer care, B2B sales tools, IVR, and a data integration layer with BSS APIs, alongside back-end systems for product management, revenue management, and service catalogs.
Who are the top competitors of Qvantel?
What products or services does Qvantel offer?
Qvantel offers Qvantel Flex BSS, Flex Customer Care Copilot, FTTx Solutions, B2B Solutions, and Managed Services.
How many acquisitions has Qvantel made?
Qvantel has made 1 acquisition, including Optiva.
Who are Qvantel's investors?
Qvantel has 1 investor. Key investors include LetterOne.