Qvella Corporation

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

Qvella Corporation is a company based in Toronto (Canada) founded in 2009. It operates as a B2B. 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. Qvella Corporation operates in a competitive market with competitors including Prenetics, Karius, Day Zero Diagnostics, OpGen and CytoVale, among others.

  • Headquarter Toronto, Canada
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Healthcare → Healthcare Products & Supplies
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $39.7 M (USD)

    in 3 rounds

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

    Dec 03, 2017

  • Investors
    RA Capital

    & 4 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
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People of Qvella Corporation
Headcount 50-200
Employee Profiles 10
Employee Profiles
People
Aye Aye Khine
Principal Scientist
People
Tamicka Doctor Cpa
Director Of Finance
People
Sanjesh Yasotharan
Senior Director Product Development
People
Pratiksha Gyawali Subedi
Product Operator

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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
  • Total Rounds 3
  • Last Round Series B — $19.7M
  • First Round

    (29 Oct 2015)

  • Investors Count 5
Date Amount Transaction Name Valuation Lead Investors Investors
Dec, 2017 Amount Series B - Qvella Corporation Valuation RA Capital Management , Whitecap Venture Partners
Jun, 2017 Amount Series A - Qvella Corporation Valuation

investors

Oct, 2015 Amount Series A - Qvella Corporation Valuation RA Capital Management , Whitecap Venture Partners
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

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. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Whitecap VP is engaged in venture capital investments for startups.
Founded Year Domain Location
Tech & Life Sciences focused VC firm investing in early stage companies in the US & Europe
Founded Year Domain Location
Growth stage tech & life sciences focused VC Firm investing in Asia and the US
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Qvella Corporation

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

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Web-based EMR and case management software is provided for healthcare.
2003
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Qvella Corporation

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Qvella Corporation Comparisons

Employees
+
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Competitors of Qvella Corporation

Qvella Corporation 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 Prenetics, Karius, Day Zero Diagnostics, OpGen and CytoVale, 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
Health risks are identified through online genetic and diagnostic testing.
domain founded_year HQ Location
Developer of a non-invasive pathogen blood test for the detection of infectious diseases
domain founded_year HQ Location
Genome sequencing diagnostics for infectious diseases are developed.
domain founded_year HQ Location
Developer of diagnostics and bioinformatics platforms for providers
domain founded_year HQ Location
Microfluidic-based biomarkers for the early detection of sepsis
domain founded_year HQ Location
Food safety technologies are provided for pathogen identification.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Qvella Corporation

Frequently Asked Questions about Qvella Corporation

When was Qvella Corporation founded?

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

Where is Qvella Corporation located?

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

Is Qvella Corporation a funded company?

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 29, 2015.

What does Qvella Corporation do?

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.

Who are the top competitors of Qvella Corporation?

Qvella Corporation's top competitors include Prenetics, Clear Labs and Day Zero Diagnostics.

How many acquisitions has Qvella Corporation made?

Qvella Corporation has made 1 acquisition, including NOVX Systems.

Who are Qvella Corporation's investors?

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

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