How Much Did Quinyx Raise?
Funding & Key Investors

Quinyx, a provider of cloud-based workforce management software, has secured significant capital, with its total funding reaching $103.3M. The company recently announced a major strategic investment of $50M, underscoring its robust growth trajectory and market position in the service industries sector. This latest financing round signifies a key milestone for Quinyx as it continues to expand its global footprint and enhance its software solutions for businesses seeking to optimize their operations and employee management.

What is Quinyx?

Quinyx
SoftwareHuman Resources Software

Quinyx operates as a cloud-based, mobile-first workforce management software platform designed to empower growth for individuals and businesses within service-intensive industries. With a presence across the UK, Sweden, U.S., Finland, Germany, Norway, Denmark, and the Netherlands, Quinyx offers a comprehensive suite of tools for scheduling, time tracking, communication, and payroll, aiming to streamline complex workforce operations. The company's focus on user-friendliness and mobile accessibility positions it as a key player in the competitive SaaS landscape for workforce optimization.

How much funding has Quinyx raised?

Quinyx has raised a total of $103.3M across 5 funding rounds:

2014

Private Equity

$14M

2015

Other Financing Round

$2.3M

2017

Private Equity

$12M

2019

Unspecified

$25M

2021

Unspecified

$50M

Private Equity (2014): $14M with participation from Alfvén & Didrikson

Other Financing Round (2015): $2.3M led by Zobito

Private Equity (2017): $12M supported by Battery Ventures

Unspecified (2019): $25M featuring Battery Ventures and Zobito

Unspecified (2021): $50M backed by Battery Ventures, Alfvén & Didrikson, and Zobito

Key Investors in Quinyx

Battery Ventures

Battery Ventures is a venture capital firm that backs companies at all stages, ranging from seed and early to growth and buyout, with a focus on software and services, enterprise infrastructure, and industrial technology.

Zobito

Zobito is a growth capital firm specializing in high-potential European enterprise software companies, employing a unique investment model that combines co-investment strategies with hands-on guidance.

Alfvén & Didrikson

Alfvén & Didrikson is an investment firm that actively supports passionate entrepreneurs and teams with high ambitions, focusing on venture and growth companies in Northern Europe.

What's next for Quinyx?

The recent major strategic investment in Quinyx signals a strong validation of its business model and future potential. This capital infusion is expected to fuel further product development, international expansion, and enhanced customer support. As Quinyx continues to scale, its focus will likely remain on deepening its market penetration within the enterprise sector and leveraging its technology to address the evolving needs of the global workforce. The company's strategic backing from prominent investors suggests a clear path towards sustained growth and market leadership in workforce management solutions.

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Frequently Asked Questions Regarding Quinyx Financial Insights

What are the most recent funding rounds that Quinyx has completed, and what were the funding rounds?
Quinyx has recently completed 3 funding rounds: Unspecified on Nov 30, 2021, Unspecified on Jan 15, 2019, Private Equity on Dec 17, 2017.
What is the total amount of funding Quinyx has raised to date?
Quinyx has raised a total of $103.3M in funding to date.
How many funding rounds has Quinyx completed?
Quinyx has completed 3 funding rounds.
How much funding did Quinyx raise in its most recent funding round?
Quinyx raised $50M in its most recent funding round.
Who are the lead investors in Quinyx's latest funding round?
The lead investor in Quinyx's latest funding round was Battery Ventures. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Quinyx's history?
The largest funding round in Quinyx's history was $50M.
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