When was Qvantel founded?

Qvantel was founded in 1995 and raised its 1st funding round 21 years after it was founded.

Where is Qvantel located?

Qvantel is headquartered in Helsinki, Finland. It is registered at 2ND FLOOR, SURVEY NO. 83/1, MY HOME TWITZA, DIAMOND HILLS, LUMBINI AVENUE, HITECH CITY, Madhapur, Hyderabad, Shaikpet, Telangana, India, 500081.

How many employees does Qvantel have?

As of Jun 30, 2026, the latest employee count at Qvantel is 722.

Is Qvantel a funded company?

Qvantel is a funded company, having raised a total of $***** in its 1st and only funding round, a Unattributed round on Oct 31, 2016.

When was the latest funding round of Qvantel?

Qvantel's latest funding was a $***** Unattributed round on Oct 31, 2016, with participation from 1 investor.

Where does Qvantel rank among its competitors?

Qvantel ranks 38th amongst 382 active competitors, of which 20 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Lightyear, which secured $16M in Jan, 2026.

Who are the top competitors of Qvantel?

Qvantel's top competitors include Comviva, Synchronoss and Aria. Among them, Lightyear secured the most recent funding round in January, 2026.

Qvantel - 2026 Company Profile, Team, Funding & Competitors

Company Details

Qvantel provides BSS solutions to communication service providers. Its BSS suite helps in managing customer experience, managing and analyzing product portfolios,s and managing revenue streams. Its suite can be divided into the following parts - Channels such as telesales, customer care, B2B sales tool, IVR, Data Integration Layer BSS API, credit decision tool, predictive customer service, and Back-end Systems Product Management, revenue management, service catalog.

Website: www.qvantel.com/
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Registered Address: 2ND FLOOR, SURVEY NO. 83/1, MY HOME TWITZA, DIAMOND HILLS, LUMBINI AVENUE, HITECH CITY, Madhapur, Hyderabad, Shaikpet, Telangana, India, 500081

Key Metrics

Founded Year

1995

Location

Helsinki, Finland

Stage

Funding Raised

Latest Funding Round

Unattributed, Oct 31, 2016, $*****

Investors

LetterOne & 2 more

Ranked

38^th among 382 active competitors

Employee Count

722 as on Jun 30, 2026

Investment & Acquisitions

Optiva

Similar Companies

Aria & 147 more

View Qvantel's full profile

Qvantel is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
QVANTEL SOFTWARE SOLUTIONS LIMITED CIN: U72200TG2007FLC052568 , India, Active	Feb 01, 2007	₹50 - ₹100 Cr (As on Mar 31, 2025)	225 (As on Oct 31, 2024)

Qvantel has raised funding over 1 round. Its latest funding round was a Unattributed round on Oct 31, 2016 for $*****. 1 investor participated in its latest round. Qvantel has 3 institutional investors.

Here is the list of recent funding rounds of Qvantel:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 31, 2016	8328351	Unattributed	5686383	8479965	7068526	1193897

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View details of Qvantel's funding rounds and investors

The founders of Qvantel is Jason Grant.

Here are the details of Qvantel's key team members:

Jason Grant: Co-Founder of Qvantel.
Contact Info: 1 email address

View details of Qvantel's Founder profiles and Board Members

Qvantel's employee count trend

Qvantel has 722 employees as of Jun 26. Here is Qvantel's employee count trend over the years:

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Top competitors of Qvantel include Comviva, Synchronoss and Aria. Here is the list of Top 10 competitors of Qvantel, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Comviva 1999, Gurugram (India), Acquired	Developer of platforms for digital payments, marketing, and business operations	$13.5M	Sequoia Capital, Cisco & 27 others	77/100
2nd	Synchronoss 2000, Bridgewater (United States), Acquired	SaaS-based platform providing subscriber analytics, network asset management, and cloud services	$34M	Adams Street Partners, Saints Capital & 12 others	71/100
3rd	Aria 2003, San Francisco (United States), Series F	Cloud-based subscription billing and management solutions for businesses	$175M	Madison Bay Capital Partners, Hercules Capital ... & 12 others	69/100
4th	CSG International 1994, Englewood (United States), Acquired	Provider of customer engagement software	-	Morgan Stanley, Metalmark Capital & 2 others	67/100
5th	Matrixx 2008, Mountain View (United States), Series D	Billing & Charging solutions for telecommunications	$119M	Tugboat Ventures, Francisco Partners & 14 others	67/100
6th	Neusoft 1991, Shenyang (China), Public	IT solutions and service provider	-	Legend Capital, Intel Capital & 6 others	67/100
7th	Lightyear 2019, Albany (United States), Series B	Cloud-based software to buy IT infrastructure	$64M	Ridge Ventures, Amplo & 17 others	65/100
8th	Allot 1996, Hod Hasharon (Israel), Public	Cloud based platform offering network management software	-	Demtech, Walden Israel & 8 others	65/100
9th	Amdocs 1982, Chesterfield (United States), Public	Cloud-based OSS and BSS solutions provider	-	SG Americas Securities, Welsh, Carson, Anderson & Stowe ... & 5 others	65/100
10th	Telness 2020, Stockholm (Sweden), Series A	Provider of business phone systems and VoIP phone systems	$15.7M	Industrifonden, JCE & 3 others	63/100
38th	Qvantel 1995, Helsinki (Finland), Funding Raised	Provides BSS solution to communication service provider	-	LetterOne, Chesterfield & 1 others	49/100