Qmarkets Overview
Qmarkets develops technology for the field of idea and innovation management, delivering comprehensive crowdsourcing software solutions. The company's software offerings include products focusing on process improvement, continuous improvement, and operational excellence; open innovation with customers and business partners; technology scouting for enterprise merger and acquisition opportunities; and digital employee engagement. Qmarkets' clients include Nestl, Ford, Lufthansa, Ab InBev, Phillip Morris International, and UniCredit, and the company has been recognized by analysts such as Gartner, Forrester, and Info-tech.
Cumulative Funding Raised Over Time ($)
Latest News
growth-positive
IT Industry Giants Intel Launch Qmarkets' Ideation Platform Across Strategic Business
Intel has launched Qmarkets idea management platform to collect innovative ideas and solutions from its employees. The platform allows customization of the idea management process to meet the organizations unique needs and goals. The initiative has already delivered positive impact for Intel, with ideas to improve processes, existing products, services, and even new businesses and markets. The platform will be used continuously, and a four-week ideation event was held to encourage adoption and engagement. So far, users have submitted 246 ideas, 462 comments, and 900+ votes. Intels innovation department is using the flex edition of Qmarkets Q-ideate platform. Qmarkets is proud to support innovation at Intel and sees this as an endorsement of their service quality.
PartnersCustomers
growth-positive
Israeli tech collaborates on Covid-19 challenges
Two drone companies, Flytrex and Kronos, have been awarded a government-sponsored tender by NAAMA to launch a pilot program for Covid-19 test and medication deliveries at the Dorot Geriatric Center in Netanya. The initiative to connect the drone companies with hospitals was facilitated by HeallthIL, a joint venture of the Israel Innovation Institute, the Ministry of Economy and Industry, and the Ministry of Social Equality. HeallthIL launched a project to connect startups to the healthcare system, resulting in 83 collaborations with healthcare organizations. The collaboration and innovation platform used was provided by Israeli start-up QMarkets. The platform has 36 health organizations, six government agencies, and 134 companies, and has received 429 solutions to 65 challenges.
PartnersCustomers
growth-positive
Qmarkets Secures $5.2 Million Funding After Record Revenue Year
Qmarkets, a provider of collective intelligence solutions for idea & innovation management, has secured $5.2 million in funding. The company plans to use the funding to expand its product roadmap and increase its presence in the US market. Qmarkets experienced significant growth in 2016, with a 50% increase in revenue, a 27% increase in the number of customers, and a 100% sales growth in the US market. The company also saw a 60% increase in monthly recurrent revenues. Qmarkets offers a range of solutions beyond innovation management, including process improvement and customer engagement. The company has recently released new products, such as Q-Scout and Q-Open, to cater to additional enterprise needs. Qmarkets has established itself as a leader in the European market and has notable customers including Lufthansa, UBS, and Nestle.
InvestmentExpand
growth-positive
Innovation Software Company Qmarkets Celebrates 10th Anniversary with Strongest Year Ever
Qmarkets, a provider of innovation management software and collective intelligence solutions, celebrates its 10th anniversary with its strongest year ever in terms of overall sales, revenue growth, and new customers. The company saw a 27% increase in the number of customers, 50% growth in revenue, and a 100% growth in sales in the US market. Qmarkets founder and CEO, Noam Danon, highlights the wide deployment of innovation management and idea management software tools in companies of all sizes and industries. He also mentions the launch of Q-City, a tool for engaging citizens, which expands the companys reach beyond the corporate world. Qmarkets aims to continue its groundbreaking and fruitful growth in the next ten years.
Customers
| Sector | Business Software |
Funding
| Total funding | $8.7M |
| Last funding | $5.2M |
| Stage | Mature |
| Rounds | 3 |
| Investors | 4 |
Team Members
5
Employees: 51-200
Web & Social Links
| Website | www.qmarkets.net |
Locations
HaMelacha Street 19, Rosh Haayin, Israel
London, UK
Stamford, CT, USA
Paris, France
Frankfurt, Germany
Photos & Videos
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