Quuppa provides an Intelligent Locating System that enables customers to locate Bluetooth-enabled devices with centimetre-level accuracy using proprietary methodology and positioning algorithms. Its RTLS is deployed across manufacturing, healthcare, smart buildings and sports, where it has improved production and operational efficiency. The company has deployed more than 2,000 location-based service solutions and works with over 170 partners worldwide. Quuppa has offices in the United States, China, Australia and the United Arab Emirates in addition to its Espoo, Finland base. Since its establishment in 2012 the company has grown to €10m in revenue and plans to scale further. It intends to use the funding to go global and aims to grow revenue from €10m to €100m within five years.

Total raised

$24M

Funding rounds

1

Latest round

Equity

Latest activity

Aug 2020