# Quolum: Information technology & services, Dublin, United States

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

Source: https://millionrounds.com/startup/quolum (Millionrounds; every figure on the page links to its filing or article)

United States · [Information technology & services startup](https://millionrounds.com/companies)

# Quolum

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

Funding reported Last round: Seed

Information technology & services Dublin, United States

Company summary

- **Founded:** 2019 7 years old
- **Team:** 6 1 to 10 people
- **Funding reported:** $2.8M in dollars
- **Last round:** Seed Jun 2020

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Quolum has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## 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 **$2.8M** in dollars

Rounds **2**

Last round **Seed**

Last round size **$2.8M**

Last round date **Jun 2020**

Investors listed **3**

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 Indus** Executive Officer, Director i

## The company, in detail

What they build

Known for

invoice attachment saas spend management financial reconciliation spend control regional expansion saas spend computer & network security payment automation feature-level consumption tracking enterprises enterprise software management invoice processing information technology & services enterprise saas financial services finance

Built with from their website

React Native Canal Google Workspace AI Viewpoint Remote Gusto Mailgun Android Circle

+1 more

Gmail

- **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](https://millionrounds.com/directory/quolum)

## Information technology & services in United States

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- [**Cognition** San Francisco *Raised*](https://millionrounds.com/company/cognition)
- [**Polymarket** New York · founded 2020 *Raised*](https://millionrounds.com/company/polymarket)
- [**Harvey** San Francisco · founded 2022 *Raised*](https://millionrounds.com/company/harvey)

## Is this your company?

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