Fundz

Quext Raises $63 Million Based On $350 Million Valuation In Latest Round Of Private Funding

PRIVATEJun 16, 2022

Amount Raised

$63 Million

Round Type

Funding Round

LubbockProfessional Services

Description

Quext, a Texas-based technology company that offers a cutting-edge technology platform for the multifamily industry, today announced that it secured $63 million with support from a network of private investors. This fundraising round is based on a post-money valuation of $350 million and included notable technologists and innovators. The funds raised will allow Quext to further develop its smart apartment technology platform, grow IoT inventory to meet customer demands, further safeguard its intellectual property, and expand its best-in-class sales and customer success teams, amongst other initiatives.

Quick answer

Quext raised $63 Million in a Funding Round round, dated June 16, 2022. Quext is based in Lubbock, Texas, United States.

How much did Quext raise?
Quext raised $63 Million in a Funding Round round on June 16, 2022.
What does Quext do?
EDST, LLC d/b/a Quext, is a game-changing technology and software company that makes smarter decisions brilliantly simple.
Where is Quext based and how big is it?
Quext is based in Lubbock, Texas, United States.

Source: Fundz verified event record.

Who else raised in Professional Services around the same time

Companies in the same sectors as Quext that raised within 45 days of this round, from Fundz verified event records.

  • SiteWit raised $1.2M (Seed) on July 29, 2022.
  • May Mobility raised $15M (Series A) on July 26, 2022.
  • Theia Analytics Group raised $25K (Seed) on July 25, 2022.
  • May Mobility raised $9M (Seed) on July 25, 2022.
  • May Mobility raised $13M (Series A) on July 25, 2022.
  • May Mobility raised $17M (Funding Round) on July 22, 2022.

Who to call at Quext, and when

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Company Information

Company

Quext

Location

Lubbock, Texas, United States

About

EDST, LLC d/b/a Quext, is a game-changing technology and software company that makes smarter decisions brilliantly simple. Created by industry experts, Quext reimagined apartment technology with products that work seamlessly together delivering the easiest-to-learn, most intuitive, all-in-one, cloud-based apartment community nerve center ever offered. Core platform innovations include internet of things, digital human customer support, broadband internet, and fintech solutions. Quext is a people-centric firm backed by Madera Residential, an industry leader in multifamily housing investment and property management. Headquartered in Lubbock, TX, the company was recognized as a winner of the Fierce Wireless IoT Challenge 2020. To learn more, visit https://onequext.com/ or follow us on Facebook at https://www.facebook.com/onequext.

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Quext raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.