Quandify AB
Stockholm area, Sweden · est. 2017 · website ↗
Quandify develops an intelligent water meter system for residential property owners that enables sub-metering cost-efficiently. The company’s platform uses machine learning to break down water usage data into outlets and diagnoses an entire homes water and hot water energy usage from a single, patented, non-invasive sensor. In our smartphone app, tenants then receive individually tailored nudges on how to efficiently lower usage, without sacrificing comfortability.
Filed financials
Filed with a public registryFiled with Bolagsverket. The legal entity, not the group.
| Fiscal year | Revenue | Result | Employees | Cash | Equity | Total assets | Flags |
|---|---|---|---|---|---|---|---|
| FY2024 | 18 MSEK | -11 MSEK | 18 | 7.7 MSEK | 24 MSEK | 30 MSEK | None |
| FY2023 | 45 MSEK | 1.9 MSEK | 19 | 23 MSEK | 36 MSEK | 45 MSEK | None |
| FY2022 | 20 MSEK | - | - | - | - | 21 MSEK | None |
| FY2021 | 2.1 MSEK | -3.6 MSEK | 10 | 2.0 MSEK | 5.3 MSEK | 7.4 MSEK | None |
| FY2020 | 0.1 MSEK | -3.6 MSEK | 8 | 4.1 MSEK | 3.9 MSEK | 4.4 MSEK | None |
| FY2019 | 0.1 MSEK | -0.5 MSEK | - | 1.1 MSEK | 1.0 MSEK | 1.1 MSEK | None |
| FY2018 | under 0.1 MSEK | - | - | - | - | - | None |
No open roles right now
Quandify AB's own site sends applicants to LinkedIn, which I do not read.
Quandify ABon LinkedIn Jobs ↗Registered business activity (SNI)
Filed with a public registryStandard industry classification codes as filed with Bolagsverket.
Open source activity
Read from what they publishFrom the company’s own linked GitHub organization, @quandify.
Everything I could know about Quandify AB
A blank is a gap in my coverage.
Company health
Filed with a public registry- SurvivalRunway ~8 moLoss-making in its latest filed accounts (FY2024). cash 7.7 MSEK, loss 11 MSEK over the year (0.9 MSEK/month), revenue 18 MSEK, revenue growth -60%. Cash divided by that burn is ~8 months of runway. Filed facts, but the burn is the accounting result rather than true cash flow, and a funding round raised since the filing date does not show here yet.
- Age9 years oldFounded 2017, 9 years ago.
- CapitalSeedSelf-reported to the startup directory.
- Distress flagsNo data for this company yet
- GrowthShrinking, -1 (-5%)Average employees filed with Bolagsverket went from 19 in 2023 to 18 in 2024, a change of -1 people (-5%). This is a fiscal-year average from filed accounts, so it lags: it says whether the company has been adding people, not whether a role is open today. Filed revenue FY2018 0 KSEK to FY2024 17,898 KSEK, across 7 filed years.
What you'd build and work with
Read from their job ads- Building (problem type)No data for this company yet
- StackNo data for this company yet
- Role shapeNo data for this company yet
- SectorEnergy, climate & industryMapped from the industry tags this company reported to the startup directory (greentech, itsoftware, saas). Self-reported, so it is the company's own claim about its market.
- Engineering reputationRead from what they publishGitHub: quandify2 public repos, 17 stars, last push 6 months ago.
Hiring practicalities
Read from their job ads- Open rolesNo data for this company yet
- Working languageEnglish siteI hold no job-ad text for this company, so this is read from their own site: their website declares itself English. That is a proxy, not a statement about the working language. Checked against the 222 companies where I have both, it agrees about 9 times in 10, and the way it fails is a company running an English site while hiring only in Swedish.
Fit and mission
Worked out from facts I hold- Fit (chaos or structure)Chaosfounded 2017 (9 years ago), ~31 employees, Seed stage. Age, size and stage combine into the read.
Companies like this one
Worked out from facts I holdEach shows why. Not a recommendation.
- Also Energy, climate & industry · Similar size (10 to 50) · Same age (6 to 10 years)
- Also Energy, climate & industry · Similar size (10 to 50) · Same age (6 to 10 years)
- Also Energy, climate & industry · Similar size (10 to 50) · Same age (6 to 10 years)
- Also Energy, climate & industry · Similar size (10 to 50) · Same age (6 to 10 years)
- Also Energy, climate & industry · Similar size (10 to 50) · Same age (6 to 10 years)
- Also Energy, climate & industry · Similar size (10 to 50) · Same age (6 to 10 years)
Work here?
Nobody has answered yet. Same questions for every company.
Answer for this companyOn the map
Gustavslundsvägen 151e, 167 51 Bromma
Address as filed with Bolagsverket.
Drawn by OpenStreetMap, so it only loads when you ask for it.
Wrong about Quandify AB?
The address, the headcount, the logo, a role that closed. Tell me which and I will fix it.