Tech Company Financing Transactions
Qminder Funding Round
Qminder, operating out of London, secured $3 million from Practica Capital, BADideas.fund and Metaplanet.
Transaction Overview
Company Name
Announced On
11/20/2024
Transaction Type
Venture Equity
Amount
$3,000,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to accelerate the development of its platform.
Company Information
Company Status
Private & Independent
Industry
Internet & IoT
Mailing Address
20-22 Wenlock Road
London, N1 7GU
UK
London, N1 7GU
UK
Phone
Undisclosed
Website
Email Address
Overview
Qminder started in 2011, as part of the Estonia-based Garage48 startup hackathon. It took them 48 hours to build the prototype app, and the bonds that last to this day. Qminder's now-CTO only joined because he was promised the main prize -- a mobile phone. But once Qminder was built, they realized they had something better on their hands. Taking the first prize was just the beginning.
Management Team
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