Closing the pre-seed round for QOTEQ

QOTEQ: the extreme
No-Code Business Operating System

that allows businesses to:

  • Speed up business process changes by up to x10
  • Optimize IT/development staff costs by 50%-90%
  • Simulate the results of business process changes, automatically generate documentation
Book a call or meeting, we’d be glad to tell you more 👇
Introductory online call:

People behind the product

Team QOTEQ

Innovative founders with extensive experience in IT startups, business management systems & business development.

Yaroslav Kologryvov
Yaroslav Kologryvov
CEO
  • Former CEO of the Kyiv Polytechnic Science Park. Raised the investment levels into the Park’s startup ecosystem by 1300% during his tenure.
  • Unicheck (formerly - Unplag), later acquired by global market leader Turnitin (USA).
  • Managing partner at Salucyber, a digital consultancy that developed Ukraine’s cybersecurity program, signed by President Zelenskyy.
Eugene Yukhno
Eugene Yukhno
CPO
  • 30+ years in IT, 20 years in managerial positions
  • CTO of a major manufacturing & trading FMCG corporation
  • Involvement in large IT projects in the banking sector (Ex: established a full-scale data center for Credobank Ukraine; developed automation methodology for OTP Bank)
  • Experience in developing operational management methodologies for large enterprises.
Timur Shemsedinov
Timur Shemsedinov
CTO
  • 27 years in IT, expert in node.js & javascript, private clouds, software engineering, cybernetics, distributed systems, architecture, databases
  • CTO at QOTEQ, Salucyber, Metatech; Architect at Metarhia and Metactos; Lecturer at KPI, KSE
  • Founder of the Metarhia IT community that unites 36,000 developers.
Vitor Cruz
Vitor Cruz
Senior adviser
  • Senior Banking Executive with 30 years of experience in project management, business development, and the implementation of digital product solutions
  • 7 years of international experience, consistently innovating and focused mainly on solutions with real impact in the P&L
  • Leader of digital transformation teams, especially focused on projects related to digital financial innovation, and the capitalization of internal and external customers.
Vitor Cruz
Matthew Murray
GR Advisor
  • Founder of Sovereign Ventures.
  • Former senior advisor at the White House, Deputy Assistant Secretary at U.S. Department of Commerce.
  • Doctor of Law and Master of International Relations, Columbia University, New York City.

Market problems

What we help solve

Businesses around the world lose trillions of dollars annually due to inefficiencies in management, process optimization, and suboptimal digital transformation.

1
Inefficient time spending
The average time it takes to implement business process changes: from 2 to 36 months.
2
Financial losses
Bloated in-house development teams lead to huge expenses and million-dollar losses.
3
Slow & expensive onboarding
Employee onboarding is too expensive and slow.
4
Inefficient management
Using dozens of non-unified products and solutions (CRMs, BPMS, etc.) leads to inefficient management.
5
Lack of proper analysis
No way to efficiently analyze, plan and model business scenarios from a bird’s-eye view.
6
Poor business processes
Poor business process transparency, which leads to structural and managerial chaos inside companies.

Global markets lose trillions (both in expenditures and lost profits) due to NOT having a more efficient alternative for digital management.

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Solution

QOTEQ, Extreme No-Code
Universal Business Operating System

Just as companies took a leap in effectiveness by moving to digital communication and planning, QOTEQ makes digital management smooth, less expensive and more competitive via adaptability.

Text-based (similar to chat prompts) management of your business and processes (model, create, change, analyze).
IT/development team costs are reduced from 50% to 90%
Full business process transparency
The ability to introduce changes quickly, in one unified system
Automated generation of documentation (when a business process is changed or introduced)
Business process implementation time is reduced by up to x10.
Model/predict the effects of changes to your business before you implement them (based on AI and Big Data)
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Tricky question

Running business with QOTEQ is easier than tweeting

All you need is to type in your requests to QOTEQ, just like chatting with a digital assistant! QOTEQ will implement processes and changes based on your text inputs.

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How we evolve

The QOTEQ strategic roadmap

roadmap
2021, November

Establishing the brand and domain name

2021, December

1 Pilot & 1 Contact signed

2022, March

Successfully applied to Accelerators:

  • Startup Wise Guys (Estonia)
  • Startup Lisboa (Portugal)
  • UPLIFT (Portugal – USA)
2022, April

Portugal office launched

2022, May

MVP of MVP developed

2022, December

Pilot development launch

2022, October

Hard commitment from Portugal Ventures to invest €200K

half of the pre-seed round

2022, September

Received an investment offer from Schneider Electric VC

$1,5M after finalization of pilot development

2022, July

Onboarding strategic business advisors

2022, June

Received an investment offer from Startup Wise Guys

€200K + €300K after finalization of pilot development

2023, May

4 more Pilots

2023, October

Horizontal Domain Specific Solution developed:

  • Project management system (+EPM integration)
  • Project portfolio management (+integration with consolidation and budgeting systems)
2023, October

Training development, partnerships with IT integrators

2023, December

Cloud Platform developed:

  • Account system
  • Data & document transfer
  • Automated reporting system
  • Establishing our tech as a business standard network
2024, October

System Platform developed:

  • IOT Solutions
  • SCADA Solutions
  • App marketplace & partner network
2021, November
Establishing the brand and domain name.
2021, December
1 Pilot & 1 Contact signed
2022, March
Successfully applied to Accelerators:
  • Startup Wise Guys (Estonia)
  • Startup Lisboa (Portugal)
  • UPLIFT (Portugal – USA)
2022, April
Portugal office launched
2022, May
MVP of MVP developed
2022, June
Received an investment offer from Startup Wise Guys

€200K + €300K after finalization of pilot development

2022, July
Onboarding strategic business advisors
2022, September
Received an investment offer from Schneider Electric VC

$1,5M after finalization of pilot development

2022, October
Hard commitment from Portugal Ventures to invest €200K

half of the pre-seed round

2022, December
Pilot development launch
2023, May
4 more Pilots
2023, October
Horizontal Domain Specific Solution developed:
  • Project management system (+EPM integration)
  • Project portfolio management (+integration with consolidation and budgeting systems)
2023, October
Training development, partnerships with IT integrators
2023, December
Cloud Platform developed:
  • Account system
  • Data & document transfer
  • Automated reporting system
  • Establishing our tech as a business standard network
2024, October
System Platform developed:
  • IOT Solutions
  • SCADA Solutions
  • App marketplace & partner network

Testimonials

Experts and investors about QOTEQ

Viktor-Cruz
Vitor Cruz Senior Banking Executive with 30 years of experience in project management, business development, and the implementation of digital product solutions
quote QOTEQ is designed so that it performs that partner role for any business analysts that uses it. Meaning it will be that second “expert analyst” helping “parallel solve” tasks together with the user.
Christoph-Daszkiewicz
Christoph Daszkiewicz Head of software at Schneider Electric VC, former Manager Corporate Development (Strategy, M&A, CVC) Siemens Industry Software which acquired Mendix for 600M Euro
quote The QOTEQ team went even further than the product vendors of the previous generation: they propose to build ready-to-go systems based on the interactive communication of “Citizen Developers” (stakeholders without coding skills) with the system using simple English. At the same time, QOTEQ provides the ability to assemble a ready solution using already existing information systems as “puzzle pieces”. This further lowers the demands on the abilities of Citizen Developers and lowers the time needed for the implementation of necessary systems compared to LCDS.
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Book a call or meeting, we’d be glad to tell you more 👇
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