How Much Did QoreNext Raise?
Funding & Key Investors

QoreNext, a tech startup focused on revolutionizing enterprise B2B data creation, has secured significant capital, with total funding reaching $1.5M. The company recently announced a major strategic investment of $1.5M, underscoring its potential in the data-as-a-service market. This latest financing round is expected to fuel QoreNext's expansion and further development of its innovative platform.

What is QoreNext?

QoreNext
SoftwareBusiness Intelligence (BI) Software

QoreNext is a Singapore- and Seattle-based technology firm dedicated to transforming data creation for the enterprise B2B sector. Its core offering is a sophisticated platform that leverages machine learning and robotic process automation to generate enterprise data content. The company positions itself as a virtual data factory, providing corporations across industries like healthcare and finance with reliable, high-quality, and continuously updated data. QoreNext's flexible DaaS (Data-as-a-Service) pricing model aims to deliver business-ready data, enabling substantial time and cost savings for its clients. Operating with a remote-first, office-agnostic strategy, QoreNext's team is globally distributed across North America, APAC, and India.

How much funding has QoreNext raised?

QoreNext has raised a total of $1.5M across 1 funding round:

2021

Angel/Seed

$1.5M

Angel/Seed (2021): $1.5M with participation from Wavemaker Partners

Key Investors in QoreNext

Wavemaker Partners

Wavemaker Partners is a prominent venture capital firm in Southeast Asia, specializing in early-stage investments within Enterprise, Deep Tech, and Sustainability. They have a strong track record of investing in over 200 companies since 2012, with a focus on impactful solutions and significant regional challenges.

What's next for QoreNext?

With the recent major strategic investment, QoreNext is poised for accelerated growth and market penetration. The substantial capital infusion, part of its $1.5M in total financing, will likely be directed towards enhancing its machine learning capabilities, expanding its data product offerings, and scaling its sales and marketing efforts to reach a broader enterprise client base. The company's focus on providing a flexible DaaS model and reliable, integrated data solutions positions it to capitalize on the increasing demand for high-quality data in various business verticals. Future developments may include further platform integrations and the exploration of new industry applications for its virtual data factory concept.

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Frequently Asked Questions Regarding QoreNext Financial Insights

What are the most recent funding rounds that QoreNext has completed, and what were the funding rounds?
QoreNext has recently completed 1 funding rounds: Angel/Seed on Oct 25, 2021.
What is the total amount of funding QoreNext has raised to date?
QoreNext has raised a total of $1.5M in funding to date.
How many funding rounds has QoreNext completed?
QoreNext has completed 1 funding rounds.
How much funding did QoreNext raise in its most recent funding round?
QoreNext raised $1.5M in its most recent funding round.
Who are the lead investors in QoreNext's latest funding round?
The lead investor in QoreNext's latest funding round was Wavemaker Partners. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in QoreNext's history?
The largest funding round in QoreNext's history was $1.5M.
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