Qv21 technologies
Date | Investors | Amount | Round |
---|---|---|---|
N/A | $455k | Debt | |
N/A | $5.7m | Early VC | |
* | N/A | Acquisition | |
Total Funding | €5.2m |
Recent News about Qv21 technologies
EditQV21 Technologies operates in the logistics and transportation sector, focusing on providing advanced software solutions for the efficient management of bulk commodity transportation. The company serves clients in industries such as oil, diesel, refined fuel, water, and municipal solid waste. Its core product is a comprehensive logistics platform that includes e-ticketing, Hours of Service (HOS) Electronic Logging Device (ELD) compliance, and dispatch software. This platform helps clients streamline their operations, reduce costs, and improve profitability by offering real-time data, efficient billing, and enhanced fleet management capabilities.
QV21's business model revolves around a Software-as-a-Service (SaaS) approach, where clients subscribe to their platform for ongoing access to its features and updates. Revenue is generated through subscription fees, which can vary based on the scale and specific needs of the client. The company emphasizes strong customer support and has received positive feedback for its ability to double dispatch efficiency without additional resources.
Key clients include companies in the energy and transportation sectors, such as Crestwood, Power Energy Logistics, Petrol Transport, Choice Transportation, and Spirit Energy LLC. These clients benefit from QV21's ability to provide real-time data, improve decision-making, and enhance transparency with their customers.
Keywords: logistics software, e-ticketing, HOS ELD, dispatch software, bulk commodity transportation, fleet management, real-time data, SaaS, cost reduction, profitability.