About Qwyk
Qwyk is a company based in Rotterdam (Netherlands) founded in 2017 by Martyn Verhaegen was acquired by Magaya Corporation in September 2021.. Qwyk offers products and services including Magaya Supply Chain, Magaya Customs Compliance, Magaya CRM, Magaya Rate Management, and Magaya Digital Freight Portal. Qwyk operates in a competitive market with competitors including WiseTech Global, Magaya Corporation, Vector AI, Freightwalla and GoComet, among others.
- Headquarter Rotterdam, Netherlands
- Founders Martyn Verhaegen
-
Sectors
Transportation, Automotive & Logistics
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Magaya Corporation
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Latest Funding Round
- Investors
-
Employee Count
Employee Count
-
Acquired by
Magaya Corporation
(Sep 09, 2021)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Qwyk
Qwyk offers a comprehensive portfolio of products and services, including Magaya Supply Chain, Magaya Customs Compliance, Magaya CRM, Magaya Rate Management, and Magaya Digital Freight Portal. 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.
Optimizes shipping, receiving, and warehousing workflows
Cloud-based solution for customs brokers and operators
Manages leads, contacts, and customer interactions
Handles rate searching and quote preparation for logistics
Provides interactive portal for freight forwarding services
Funding Insights of Qwyk
| 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 Qwyk
Qwyk has secured backing from 1 investor. Prominent investors backing the company include Magaya Corporation. 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 |
|---|---|---|---|---|
|
Cloud-based supply chain and logistics software is offered to businesses.
|
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 Qwyk
| 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 |
Financial Statements - Qwyk
| 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 |
Qwyk Comparisons
Competitors of Qwyk
Qwyk 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 WiseTech Global, Magaya Corporation, Vector AI, Freightwalla and GoComet, 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 |
Cloud-based logistics software suite is provided for supply chain management.
|
|
| domain | founded_year | HQ Location |
Cloud-based supply chain and logistics software is offered to businesses.
|
|
| domain | founded_year | HQ Location |
AI-driven freight forwarding and management are automated for logistics.
|
|
| domain | founded_year | HQ Location |
Freight forwarding software is offered for enterprise shipment management.
|
|
| domain | founded_year | HQ Location |
AI-powered multimodal logistics platform for end-to-end supply chain digitization
|
|
| domain | founded_year | HQ Location |
Cloud based platform providing freight forwarding solutions
|
| 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 Qwyk
Frequently Asked Questions about Qwyk
When was Qwyk founded?
Qwyk was founded in 2017.
Where is Qwyk located?
Qwyk is headquartered in Rotterdam, Netherlands. It is registered at Rotterdam, South Holland, Netherlands.
Who is the current CEO of Qwyk?
Martyn Verhaegen is the current CEO of Qwyk. They have also founded this company.
What does Qwyk do?
Qwyk was founded in 2017 in Rotterdam, Netherlands, as a provider in the digital freight sector. Operations focus on a platform that integrates with ERP systems, enables product routing and scheduling, sources freight data, and handles quoting, invoicing, booking, and tracking. Services are utilized by clients such as DHL and ECU Worldwide, supporting logistics efficiency across international networks.
Who are the top competitors of Qwyk?
Qwyk's top competitors include WiseTech Global, GoComet and Magaya Corporation.
What products or services does Qwyk offer?
Qwyk offers Magaya Supply Chain, Magaya Customs Compliance, Magaya CRM, Magaya Rate Management, and Magaya Digital Freight Portal.
Who are Qwyk's investors?
Qwyk has 1 investor. Key investors include Magaya Corporation.