Quolum provides a dashboard that combines billing or expense data with usage/consumption metrics to give finance teams visibility into SaaS spending and utilization. The product connects to billing or expense software and digs into consumption so teams can see who is using tools and how much. Quolum is initially focused on finance departments before expanding to give lines of business direct access to the data. The company competes with players such as Blissfully and Intello but emphasizes an end-to-end, consumption-focused approach. Founder Indus Khaitan launched the company last summer (pre-COVID); the team today includes a six-person development group in Bangalore and Khaitan in the U.S. Quolum raised seed funding last fall and plans to hire marketing, sales and engineering staff after it begins to generate revenue.

Total raised

$3M

Funding rounds

1

Latest round

Seed

Latest activity

Jun 2020