# Qmarkets.net

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/qmarkets-net

- Industry: Software
- Headquarters: Rosh HaAyin, Israel
- Website: www.qmarkets.net
- Total disclosed funding: $5.2M
- Latest round: Series B (May 8, 2017)
- Investors on record: 3

## About

Qmarkets.net LTD. is an innovative software company specializing in enterprise innovation management, providing tools that enhance organizational innovation processes and stakeholder engagement across various sectors.Founded in 2006 in Rosh HaAyin, Israel, Qmarkets.net LTD. focuses on enterprise innovation management software. The company was co-founded by Michael Stilger and Noam Danon, who currently serves as CEO. In May 2017, Qmarkets raised USD 5.20 mn in a Series B funding round led by LETA Capital, with participation from Club 100 Plus and the Connecticut Department of Economic and Community Development. This funding round represents the total amount raised by the company, which has secured two deals to date.Qmarkets specializes in enterprise innovation management software that offers a comprehensive suite of tools aimed at enhancing the innovation process within large organizations. Its core products include Q-ideate for idea management, Q-optimize for continuous improvement, Q-trend for trend management, Q-scout for technology scouting, and Q-impact for managing innovation portfolios. These products are designed to streamline various aspects of the innovation lifecycle, allowing users to gather, manage, and implement ideas efficiently. The target clientele encompasses a diverse set of industries, including manufacturing, finance, and technology, with a focus on engaging stakeholders such as employees, partners, and customers across global markets, including North America, Europe, and Asia-Pacific. By utilizing AI-enhanced capabilities, these tools address challenges like stakeholder engagement, data management, and innovation implementation, thus fostering a culture of collaboration and operational excellence within organizations.Qmarkets operates under a subscription-based revenue model, providing its clients with access to its range of innovation management tools through annual license fees. Each client may enter into agreements that scale based on the size and scope of their innovation initiatives, impacting the overall cost structure. For instance, larger organizations with a more extensive user base and multiple use cases may incur higher fees compared to smaller entities. The company’s flagship products, such as Q-ideate and Q-optimize, are integral to the pricing strategy and are typically bundled to offer comprehensive solutions tailored to client needs. Transactions are structured as B2B engagements, where clients commit to multi-year contracts that include access to ongoing customer support and consulting services from Qmarkets' network of customer success managers.In May 2017, Qmarkets secured USD 5.20 mn in a Series B funding round led by LETA Capital to support its growth initiatives. The company plans to expand into new geographic regions, particularly focusing on North America and Asia-Pacific, by 2024. Additionally, Qmarkets is designing new functionalities within its existing products and expects to launch these enhancements by the end of 2023, aiming to further optimize the innovation management process for its clients.

## Funding rounds

- Series B, May 8, 2017, $5.2M — LETA Capital, Connecticut Department of Economic and Community Development, Club 100 Plus

## Investors

- LETA Capital (https://capitalatlas.ai/funds/leta-capital) — Series B
- Connecticut Department of Economic and Community Development — Series B
- Club 100 Plus — Series B