# Qualifyze

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/qualifyze

- Industry: Software
- Headquarters: Frankfurt, Germany
- Website: www.qualifyze.com
- Total disclosed funding: $85M
- Latest round: Series B (Aug 8, 2024)
- Investors on record: 14

## About

Based in Frankfurt, Germany, and founded in 2017 by Chief Executive Officer David Schneider, Qualifyze GmbH is a smart supply chain company providing digital audit management and compliance solutions, specializing in the healthcare and pharmaceutical sectors. In September 2024, Qualifyze GmbH raised USD 54 million in Series B funding led by Insight Partners, with participation from HV Capital, HarbourVest Partners, H14, and Cherry Ventures.

Qualifyze GmbH offers a cloud-based platform that allows businesses to manage audits for businesses. It developed a platform known as an audit management platform, that connects manufacturers, suppliers, and auditors, and also enables clients to improve audit processes and access real-time compliance data. The company offers a supplier directory and advanced data analytics tools to support businesses that qualify and monitor their suppliers by tracking audit status, CAPA follow-ups, auditor CVs, and accessing audit reports. As of 2024, the firm serves various clients such as Angelini Pharma, Desitin, Caelo, Serag Wiessner, Zentiva, and many more.

The company plans to use the funding from September 2024 to expand its operations into the US market, continue investing in its go-to-market strategy, and enhance its technology to improve supplier risk management globally.

## Funding rounds

- Series B, Aug 8, 2024, $54M — HarbourVest Partners, Insight Partners, HV Capital, Rheingau Founders, H14, Cherry Ventures, Coparion, about:seed GmbH, AUXXO, CH Stiftung christian Hülsewig Familienstiftung
- Series A, Jul 28, 2023, $12M — HarbourVest Partners, HV Capital, Rheingau Founders, H14, HIPEP IX Associates L.P.
- Series A, Oct 20, 2021, $14M — HV Capital, Rheingau Founders, Cherry Ventures, AUXXO, APX
- Seed, Jun 25, 2020, $3.6M — Rheingau Founders, Cherry Ventures, Coparion, Companion, Inc., AUXXO, APX
- Seed, Jul 4, 2019, $1.9M — APX Group, Cherry Ventures, AUXXO

## Investors

- APX Group — Seed
- Cherry Ventures (https://capitalatlas.ai/funds/cherry-ventures) — Seed, Series A, Series B
- AUXXO (https://capitalatlas.ai/funds/auxxo) — Seed, Series A, Series B
- Rheingau Founders (https://capitalatlas.ai/funds/rheingau-founders) — Seed, Series A, Series B
- Coparion (https://capitalatlas.ai/funds/coparion) — Seed, Series B
- Companion, Inc. — Seed
- APX (https://capitalatlas.ai/funds/apx) — Seed, Series A
- HV Capital (https://capitalatlas.ai/funds/hv-capital) — Series A, Series B
- HarbourVest Partners (https://capitalatlas.ai/funds/harbourvest-partners) — Series A, Series B
- H14 — Series A, Series B
- HIPEP IX Associates L.P. — Series A
- Insight Partners (https://capitalatlas.ai/funds/insight-partners) — Series B
- about:seed GmbH — Series B
- CH Stiftung christian Hülsewig Familienstiftung — Series B
