# QoreNext PTE.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/qorenext-pte

- Industry: Software
- Headquarters: Singapore
- Website: www.qorenext.com
- Total disclosed funding: $1.5M
- Latest round: Seed (Oct 15, 2021)
- Investors on record: 1

## About

QoreNext PTE. LTD. is a technology company focused on providing innovative software solutions that enhance operational efficiency across various industries, including healthcare, finance, and logistics.Founded in 2020 and headquartered in Singapore, QoreNext PTE. LTD. specializes in advanced software platforms designed to improve workflow integration. The company has secured a total of USD 1.5 mn in funding, with the latest Seed round occurring on October 15, 2021, led by Wavemaker Partners. Founder Rahul Sahgal has a history of entrepreneurship, although details on previous ventures are not disclosed.QoreNext specializes in offering innovative technological solutions that address specific challenges in various sectors. Their core product lineup includes advanced software platforms designed for seamless integration into existing workflows, enhancing productivity and operational efficiency. These products cater to industries such as healthcare, finance, and logistics, aiming to streamline processes and improve decision-making through data-driven insights. The company serves a diverse clientele, ranging from large enterprises to small and medium-sized businesses, with a focus on markets in North America and Europe. By providing user-friendly interfaces and robust support services, QoreNext ensures that its offerings meet the needs of its end users effectively.In the most recent fiscal year 2024, QoreNext reported a revenue of USD 70,054.2 and an EBITDA of USD -739,694.2. The company generates revenue through a combination of subscription-based models and direct sales of its software solutions. Clients typically engage in annual or multi-year agreements, providing predictable revenue streams for the company. The transaction structure often involves B2B partnerships, where organizations adopt QoreNext’s platforms to enhance their operational capabilities. Pricing plans are designed to cater to varying business sizes and needs, with specific packages tailored for different levels of service and support. Flagship products contribute significantly to the company’s revenue, reflecting the value they deliver to their diverse client base.Following the Seed funding round of USD 1.5 mn raised on October 15, 2021, QoreNext PTE. LTD. plans to advance the production of its main modules and bring its first set of data products to market. The company aims to expand into new geographic regions, specifically targeting markets in Asia and Europe by the end of 2025. The recent funding will support the development of new products and enhance their existing technological offerings.

## Funding rounds

- Seed, Oct 15, 2021, $1.5M — Wavemaker Partners

## Investors

- Wavemaker Partners (https://capitalatlas.ai/funds/wavemaker-partners) — Seed