Qmarkets

Company Overview

Snapshot

Founded in September 2006 by Noam Danon, Qmarkets operates with 51–200 employees. The company has raised $8.7 million across three funding rounds from four investors. In August 2016, Qmarkets secured funding from LETA Capital.

Business overview

Qmarkets develops comprehensive crowdsourcing software solutions for idea and innovation management. The company's technology focuses on process improvement, continuous improvement, operational excellence, open innovation with external partners, technology scouting for M&A, and digital employee engagement. Qmarkets serves a diverse client base including Nestlé, Ford, and Lufthansa, operating within the business software sector, specifically in IT, R&D, and data solutions, with a focus on data analysis and decision support for enterprise and professional services.

Strategic signal

In August 2020, IT industry giant Intel launched Qmarkets' ideation platform across its strategic business units. This adoption by a major technology company signals strong validation of Qmarkets' crowdsourcing software solutions and their potential for driving innovation and operational efficiency within large enterprises, indicating a positive trajectory for market penetration and strategic partnerships.

Company Intelligence Q&A

When was Qmarkets founded?

Qmarkets was founded in September 2006 by Noam Danon.

What is Qmarkets' primary focus?

Qmarkets primarily focuses on developing technology for idea and innovation management, offering comprehensive crowdsourcing software solutions for process improvement, open innovation, technology scouting, and digital employee engagement.

Which major companies use Qmarkets' solutions?

Qmarkets' client roster includes major companies such as Nestlé, Ford and Lufthansa

What was a significant development for Qmarkets in August 2020?

In August 2020, Intel launched Qmarkets' ideation platform across its strategic business units, demonstrating significant adoption by a major IT industry player.