
Qwally
Qwally - Inclusive contracting made easy..
Date | Investors | Amount | Round |
---|---|---|---|
- | investor | €0.0 | round |
N/A | €0.0 | round | |
N/A | Seed | ||
Total Funding | 000k |
USD | 2021 | 2022 | 2023 |
---|---|---|---|
Revenues | 0000 | 0000 | 0000 |
% growth | - | - | (29 %) |
EBITDA | 0000 | 0000 | 0000 |
Profit | 0000 | 0000 | 0000 |
EV | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 |
Source: Dealroom estimates
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Qwally is a user-friendly web platform designed to help small businesses navigate the complexities of local government contracting and connect with new opportunities. The company primarily serves small businesses and local governments, focusing on Community and Economic Development and Supplier Diversity departments. These departments use Qwally to provide integrated support to individual businesses, coordinating efforts among various city departments and entrepreneurial support organizations.
The platform operates in the market of local government procurement and small business support. It aims to make information and support more accessible, thereby empowering cities to create more inclusive communities and resilient economies. By simplifying the contracting process, Qwally helps small businesses, including Disadvantaged Business Enterprises (DBEs), to compete more effectively for government contracts.
Qwally's business model revolves around providing a Software-as-a-Service (SaaS) solution to local governments. The company generates revenue through subscription fees paid by these government entities. In return, local governments gain a tool that helps them support small businesses more effectively, fostering economic development and supplier diversity within their communities.
In summary, Qwally is a platform that bridges the gap between small businesses and local government contracting opportunities, making the process more accessible and manageable for all parties involved.
Keywords: small businesses, local government, contracting, procurement, SaaS, economic development, supplier diversity, DBEs, community support, inclusive economies.