# Quantduo Technologies Private

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/quantduo-technologies-private

- Industry: Software
- Headquarters: Bangalore, India
- Website: www.geoiq.io
- Total disclosed funding: $0.3M
- Latest round: Seed (Nov 24, 2020)
- Investors on record: 4

## About

Quantduo Technologies specializes in geospatial analytics solutions, enabling informed decision-making through location-based data for diverse industries.Founded in 2018 and headquartered in Bangalore, India, Quantduo Technologies Private Limited operates in the data intelligence sector. The company has successfully completed 3 deals, with its most recent one occurring on May 19, 2022. In this round, the firm raised USD 2.25 mn in pre-Series A funding from investors including Lenskart, 100Unicorns, Ecosystem Ventures, and Venture Catalysts. The company was co-founded by Ankita Thakur and Tusheet Shrivastava, with Devashish Fuloria serving as CEO.Quantduo Technologies, through its brand GeoIQ, provides geospatial analytics solutions that include advanced geographic information systems (GIS), real-time data visualization tools, and predictive analytics platforms. These offerings assist clients in urban planning, environmental management, and logistics by addressing challenges such as optimizing resource allocation and enhancing operational efficiency. GeoIQ's solutions cater to a diverse clientele across North America, Europe, and Asia-Pacific, including government entities and multinational corporations.In the most recent financial year 2024, Quantduo Technologies generated revenue of USD 818,423.3 with an EBITDA of USD -747,465.1. The company operates on a subscription-based revenue model, which allows clients to access their suite of products and services continuously, fostering long-term relationships.Following its latest funding round on May 19, 2022, where Quantduo Technologies raised USD 2.25 mn, the company plans to leverage these funds to expand its global operations and strengthen its proprietary data capabilities. By focusing on enhancing its artificial intelligence models through skilled data scientists, Quantduo aims to penetrate new markets and geographic regions, although specific target locations have not been disclosed.

## Funding rounds

- Seed, Nov 24, 2020, $0.3M — LVX, Inflection Point Ventures, 100Unicorns, Kayenne Ventures

## Investors

- LVX (https://capitalatlas.ai/funds/lvx) — Seed
- Inflection Point Ventures (https://capitalatlas.ai/funds/inflection-point-ventures) — Seed
- 100Unicorns (https://capitalatlas.ai/funds/100unicorns) — Seed
- Kayenne Ventures — Seed