United States · Information technology & services startup

Quolum

Quolum is a SaaS management and optimization company that helps organizations reduce costs and improve control over their technology stack.

Funding reportedLast round: Seed

Information technology & servicesDublin, United States

About Quolum

Quolum is a SaaS management and optimization company that helps organizations reduce costs and improve control over their technology stack.

They specialize in consulting services focused on SaaS lifecycle management, offering tools and strategies to streamline software usage. Their core services include SaaS cancellation assistance, which simplifies the process of ending subscriptions, and shelfware reduction, where they help identify and eliminate unused software. Quolum also manages shadow IT by bringing unapproved applications under IT control and provides subscription optimization guidance to help companies choose the best payment plans. Additionally, they assist in vendor cost negotiation to secure better pricing for software services. Quolum primarily serves businesses, IT departments, and SaaS managers who are looking to manage their technology budgets effectively. They focus on companies facing high SaaS spending, low software adoption, and those needing assistance with subscription cancellations. By partnering with Quolum, organizations can enhance their SaaS governance and optimize their IT budgets.

What company datasets say Quolum raised

Funding, as reported

Reported in all$2.8Min dollars
Rounds2
Last roundSeed
Last round size$2.8M
Last round dateJun 2020
Investors listed3
SEC Form D$2.4M sold, 1 filing, last Nov 2019

Founders and team

From the SEC filings it signed: 1 on the team.

  • Khaitan IndusExecutive Officer, Directori

The company, in detail

What they build

Known for

invoice attachmentsaas spend managementfinancial reconciliationspend controlregional expansionsaas spendcomputer & network securitypayment automationfeature-level consumption trackingenterprisesenterprise software managementinvoice processinginformation technology & servicesenterprise saasfinancial servicesfinance

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Sector
Information technology & services
Industry code
NAICS 54151, 513210, SIC 7372
Region
California
Revenue
$1.0M a year, as listed
Full record
Every detail in the company directory

Information technology & services in United States

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