£2.5M
Practica Capital led the seed round, marking Qminder's first institutional funding.
"Simply put, Qminder provides speed and order in service and numbers for managers."
Q
Qminder—EstoniaPractica Capital + 2 others
Portfolio
2
companies
Qminder
Qminder develops software for managing customer service flows and queues in physical locations.
Value.Space
Value.Space develops satellite-based risk profiling technology for aging infrastructure.
Practica Capital led the seed round, marking Qminder's first institutional funding.
"Simply put, Qminder provides speed and order in service and numbers for managers."
The oversubscribed round was backed by investors including Specialist VC and Superangel to accelerate growth.
"We are delighted to have excellent investors backing our growth. The facts speak for themselves: in March, Swiss Re estimated that in 2021 natural catastrophes resulted in economic losses of $270 billion, of which $111 billion were insured losses. That is a big protection gap. We are now able to provide a new and scalable way to make risks and opportunities quantifiable that the insurance market needs to manage and absorb future risks."