Qvella Corporation

Toronto, Canada Founded: 2009 • Age: 17 yrs
Develops innovative platforms for accurate and rapid bacteria diagnosis in healthcare.

About Qvella Corporation

Qvella Corporation is a Healthcare company based in Toronto (Canada) founded in 2009. It develops innovative platforms for accurate and rapid bacteria diagnosis in healthcare. It operates on a B2B model. Qvella Corporation has raised $39.7 million across 3 funding rounds from investors including RA Capital, BioMerieux and Whitecap VP. Qvella Corporation has completed 1 acquisition, including NOVX Systems. Its website qvella.com draws about 681 thousand monthly visits. Its focus areas include Medical Technology, Diagnostics and Bacteria Identification.

Company details

Qvella Corporation develops innovative platforms for accurate and rapid bacteria diagnosis in healthcare, focusing on providing healthcare solutions, medical technology, offering diagnostic solutions, and bacteria identification. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.

  • Headquarters Toronto, Canada
  • Sectors
    Healthcare
  • Website qvella.com
  • Social X
Operational Areas
Key Metrics
  • Total Equity Funding
    $39.7M (USD)

    in 3 rounds

  • Latest Funding Round
    $19.7M (USD), Series B

    Dec 2017

  • Investors
    RA Capital

    & 4 more

  • Investments & Acquisitions

Funding Insights of Qvella Corporation

Qvella Corporation has successfully raised a total of $39.7M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $19.7 million completed in December 2017. 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 $39.7M
  • Total Rounds 3
  • Last Round Series B β€” $19.7M
  • First Round $20M

    (Oct 2015)

  • Investors Count 5

All 3 funding rounds of Qvella Corporation with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Dec 2017$19.7MSeries B–RA Capital Management, Whitecap Venture Partners
Jun 2017Series A––
–
Oct 2015$20MSeries A–RA Capital Management, Whitecap Venture Partners
Valuation history

5 investors in total: 5 institutional.

Investors in Qvella Corporation

Qvella Corporation has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include RA Capital, BioMerieux and Whitecap VP.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Whitecap VP is engaged in venture capital investments for startups.
whitecapvp.comToronto, Canada
Tech & Life Sciences focused VC firm investing in early stage companies in the US & Europe
hatterasvp.comDurham, United States
Growth stage tech & life sciences focused VC Firm investing in Asia and the US
sandscapitalventures.comArlington, United States
RA Capital is engaged in evidence-based investing in healthcare and life sciences.
2004racap.comBoston, United States
Developer of diagnostics devices for multiple health purposes
1963biomerieux.com
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Investor details for Qvella Corporation

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People of Qvella Corporation

10 people are tracked at Qvella Corporation (6 in leadership, 4 in team).

NameRoleGroup
Tamicka Doctor Cpa
Director Of FinanceLeadership
Sanjesh Yasotharan
Senior Director Product DevelopmentLeadership
Keith Beckley
Director Software And ElectronicsLeadership
Samad Talebpour
Chief ScientistLeadership
Susan Novak-Weekley
VP of Medical AffairsLeadership
Robert Maaskant
VP of Product DevelopmentLeadership
Aye Aye Khine
Principal ScientistTeam
Pratiksha Gyawali Subedi
Product OperatorTeam
Faizan Ali Khan
Electromechanical TechnicianTeam
Libin Xue P.eng.
Senior Embedded Firmware/software DeveloperTeam
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Investments & Acquisitions by Qvella Corporation

Qvella Corporation has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include NOVX Systems.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Web-based EMR and case management software is provided for healthcare.
novxsystems.comMarkham, Canada2003Jun 2014β€’β€’β€’β€’
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Timeline of Qvella Corporation

4 dated milestones of Qvella Corporation across 8 years, from founding to its latest funding, stage changes and deals.

  1. Founded Qvella Corporation is founded.
  2. Acquisition Acquires NOVX Systems.
  3. Funding First funding round of $20.0M.
  4. Funding Latest funding round, Series B, of $19.7M.

Web traffic of Qvella Corporation

The website of Qvella Corporation (qvella.com) receives about 680.7K visits a month.

  • Monthly visits
    680.7K

    ▼ 6.7% vs previous month

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β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 40 similar websites and full traffic analytics for Qvella Corporation

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  • Audience overlap
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Frequently Asked Questions about Qvella Corporation

Qvella Corporation was founded in 2009 and raised its 1st funding round 6 years after it was founded.

Qvella Corporation is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.

Qvella Corporation is a funded company, having raised a total of $39.7M across 3 funding rounds to date. The company's 1st funding round was a Series A of $20M, raised on Oct 2015.

Qvella Corporation develops innovative platforms for accurate and rapid bacteria diagnosis in healthcare, focusing on providing healthcare solutions, medical technology, offering diagnostic solutions, and bacteria identification. It serves clients with dedicated solutions, emphasizing quality, innovation, and sustainable growth in its core markets.

Qvella Corporation has made 1 acquisition, including NOVX Systems.

Qvella Corporation has 5 investors. Key investors include RA Capital, BioMerieux, Whitecap VP, Hatteras Venture Partners, and Sands Capital Ventures.

The website of Qvella Corporation receives about 681 thousand visits a month.

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