What is Quantum Retail?
Quantum Retail Technology, Inc., founded in 2005 and based in Minneapolis, Minnesota, specializes in advanced supply chain and inventory optimization software solutions tailored for the retail industry. The company's core offerings include Q for Allocation and Replenishment, which leverages consumer demand insights for inventory forecasting, and Q for Order Planning, an automated system for purchase order generation. Additionally, Q Analytics provides cloud-based services to tackle specific inventory challenges. Quantum Retail serves a global clientele across fashion, grocery, and specialty retail sectors, aiming to enhance operational efficiency and profitability through data-driven insights. As of October 2, 2015, it operates as a subsidiary of Versata Enterprises, Inc.
How much funding has Quantum Retail raised?
Quantum Retail has raised a total of $2.1M across 2 funding rounds:
Debt
$1M
Debt
$1.1M
Debt (2020): $1M with participation from PPP
Debt (2021): $1.1M led by PPP
Key Investors in Quantum Retail
PPP
Public-Private Partnership
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Quantum Retail?
The recent major strategic investment signifies a pivotal moment for Quantum Retail, likely enabling further development and expansion of its enterprise-level solutions. This capital infusion is expected to fuel advancements in AI-driven demand forecasting and inventory management, reinforcing its competitive edge in the retail tech landscape. The company is poised to deepen its market penetration and enhance its service offerings to meet the evolving demands of global retailers seeking sophisticated supply chain optimization.
See full Quantum Retail company page
