About Qwak
Qwak is a company based in Tel Aviv (Israel) founded in 2020 by Alon Lev was acquired by JFrog in June 2024.. Qwak has raised $31 million across 3 funding rounds from investors including JFrog, Bessemer Venture Partners and Leaders Fund. Qwak offers products and services including MLOps Platform, LLMOps, and Feature Store. Qwak operates in a competitive market with competitors including Veritone, Anyscale, DataRobot, Abacus.AI and MindsDB, among others.
- Headquarter Tel Aviv, Israel
- Founders Alon Lev
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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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Products & Services of Qwak
Qwak offers a comprehensive portfolio of products and services, including MLOps Platform, LLMOps, and Feature Store. 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.
Platform for training, deploying, and monitoring ML models.
Tools for managing and deploying large language model applications.
System for storing and managing features for ML and AI models.
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Funding Insights of Qwak
Qwak has successfully raised a total of $31M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $12 million completed in March 2023. 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 3
- Last Round Series A — $12.0M
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First Round
First Round
(02 Aug 2021)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2023 | Amount | Series A - Qwak | Valuation | Bessemer Venture Partners | |
| Feb, 2022 | Amount | Series A - Qwak | Valuation | Leaders Fund , StageOne Ventures | |
| Aug, 2021 | Amount | Seed - Qwak | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Qwak
Qwak has secured backing from 9 investors, including venture fund and angel investors. Prominent investors backing the company include JFrog, Bessemer Venture Partners and Leaders Fund. 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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Venture capital investments and support for entrepreneurs in technology and innovation sectors.
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Investments in tech startups are made by Leaders Fund.
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StageOne Ventures is focused on seed-stage investments in tech startups.
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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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Venture capital is directed toward companies in multiple sectors.
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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 Qwak
| 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 - Qwak
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Qwak Comparisons
Competitors of Qwak
Qwak 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 Veritone, Anyscale, DataRobot, Abacus.AI and MindsDB, 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.
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AI-driven analytics for audio and video content are provided.
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Provider of an AI-based open source framework for building distributed applications
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Provider of an AI and cloud based data science platform
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Provides AI based data models creation for data science
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Predictive analytics platform for enterprise data
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AI and SaaS-based ML solutions
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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 Qwak
Frequently Asked Questions about Qwak
When was Qwak founded?
Qwak was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Where is Qwak located?
Qwak is headquartered in Tel Aviv, Israel.
Who is the current CEO of Qwak?
Alon Lev is the current CEO of Qwak. They have also founded this company.
Is Qwak a funded company?
Qwak is a funded company, having raised a total of $31M across 3 funding rounds to date. The company's 1st funding round was a Seed of $4M, raised on Aug 02, 2021.
What does Qwak do?
Qwak was founded in 2020 in Tel Aviv, Israel, as a provider of an end-to-end machine learning platform. Machine learning data models are built, deployed, maintained, and monitored via this platform. Iterations of ML models and infrastructure customization are supported. Operations focus on the AI and technology sector, serving needs in model lifecycle management across global users.
Who are the top competitors of Qwak?
What products or services does Qwak offer?
Qwak offers MLOps Platform, LLMOps, and Feature Store.
Who are Qwak's investors?
Qwak has 9 investors. Key investors include JFrog, Bessemer Venture Partners, Leaders Fund, StageOne Ventures, and Amiti.
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