About QX Global Group
QX Global Group is a company based in Skipton (United Kingdom) founded in 2003.. QX Global Group has raised $127.98 million across 2 funding rounds from investors including Gov.uk and Long Ridge. The company has 1,738 employees as of December 31, 2024. QX Global Group has completed 1 acquisition, including Chazey Partners. QX Global Group offers products and services including QX QuickReco, QX Spendchex, and QX VMSBot. QX Global Group operates in a competitive market with competitors including UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, among others.
- Headquarter Skipton, United Kingdom
- Employees 1738 as on 31 Dec, 2024
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Sectors
Business ServicesTechnology
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Qx Global Services Limited
- Date of Incorporation 08 Sep, 2017
- Jurisdiction SKIPTON, NORTH YORKSHIRE, UNITED KINGDOM
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$127.98 M (USD)
in 2 rounds
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Latest Funding Round
$127.98 M (USD), Private Equity Round
Jul 10, 2024
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Investors
Gov.uk
& 1 more
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Employee Count
1738
as on Dec 31, 2024
- Investments & Acquisitions
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Products & Services of QX Global Group
QX Global Group offers a comprehensive portfolio of products and services, including QX QuickReco, QX Spendchex, and QX VMSBot. 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.
Tool for financial reconciliation and accounting processes.
Software for tracking and managing business expenditures.
Platform for vendor management in staffing services.
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Leadership Team
30 people
Software Development Team
20 people
Operations Team
19 people
Legal and Compliance
18 people
Senior Team
18 people
Finance and Accounting
12 people
Human Resources and Administration
5 people
Manager Team
3 people
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Funding Insights of QX Global Group
QX Global Group has successfully raised a total of $127.98M across 2 strategic funding rounds. The most recent funding activity was a Private Equity Round round of $127.98 million completed in July 2024. 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 2
- Last Round Private Equity Round — $128.0M
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First Round
First Round
(27 Jun 2020)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2024 | Amount | Private Equity Round - QX Global Group | Valuation | Long Ridge |
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| Jun, 2020 | Amount | Grant - QX Global Group | Valuation |
investors |
| 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 QX Global Group
QX Global Group has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Gov.uk and Long Ridge. 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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Founded Year | Domain | Location | |
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Online government services and information are provided to users.
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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 QX Global Group
QX Global Group has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Chazey Partners. 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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Business transformation and robotic process automation services are provided.
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2006 |
| 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 - QX Global Group
| 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 |
Qx Global Group Comparisons
Competitors of QX Global Group
QX Global Group 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 UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, 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 |
High-quality office furniture is provided by UST for various needs.
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| domain | founded_year | HQ Location |
Provider of end-to-end business process outsourcing services
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| domain | founded_year | HQ Location |
Cloud infrastructure and hosting services are provided by 1&1 IONOS.
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| domain | founded_year | HQ Location |
IT outsourcing services are delivered across multiple business lines.
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| domain | founded_year | HQ Location |
IT and management consultancy services are provided globally.
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| domain | founded_year | HQ Location |
Application development, cloud, cybersecurity, and business intelligence services are provided.
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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 Qx Global Group
Frequently Asked Questions about QX Global Group
When was QX Global Group founded?
QX Global Group was founded in 2003 and raised its 1st funding round 17 years after it was founded.
Where is QX Global Group located?
QX Global Group is headquartered in Skipton, United Kingdom. It is registered at Skipton, England, United Kingdom.
Who is the current CEO of QX Global Group?
Pom Chakravarti is the current CEO of QX Global Group.
Is QX Global Group a funded company?
QX Global Group is a funded company, having raised a total of $127.98M across 2 funding rounds to date. The company's 1st funding round was a Grant of $25.57K, raised on Jun 27, 2020.
How many employees does QX Global Group have?
As of Dec 31, 2024, the latest employee count at QX Global Group is 1,738.
What does QX Global Group do?
QX Global Group was established in 2003 in Skipton, United Kingdom. Digital transformation and business process management services are delivered to support client operations in various sectors. Focus is placed on measurable results that improve profitability, efficiency, and market competitiveness. Safety measures are applied to safeguard information and intellectual property throughout service delivery.
Who are the top competitors of QX Global Group?
QX Global Group's top competitors include Happiest Minds, Mavenir and 1&1 IONOS.
What products or services does QX Global Group offer?
QX Global Group offers QX QuickReco, QX Spendchex, and QX VMSBot.
How many acquisitions has QX Global Group made?
QX Global Group has made 1 acquisition, including Chazey Partners.
Who are QX Global Group's investors?
QX Global Group has 2 investors. Key investors include Gov.uk, and Long Ridge.