Funding · Enterprise Software & IT
Qoruz raises $1M pre-Series A round
By Startup Enthusiast ·
- Date
- Company
- Qoruz
- What it does
- Creator intelligence platform
- Kind
- Funding
- Amount
- $1M
- Stage
- pre-Series A
- Founded
- 2014
- Sector
- Enterprise Software & IT
What they do
Qoruz raised $1M in pre-Series A funding and is preparing for an $8-10M Series A
What happened
The company plans to enter the US market with the Series A funds
Why it matters
It hosts over 40 lakh creators and has influenced ₹1,500 crore in brand spends
The details
- Qoruz raised $1M in a pre-Series A round.
- The company is preparing for an $8-10M Series A raise targeting a valuation of ₹280-300 crore.
- Qoruz plans to use the Series A funds to enter the US market.
- The company has had operations in Dubai for the past two years.
- Qoruz is integrating AI for campaign ideas, influencer discovery, and competitive analysis.
- The company is targeting ~₹100 crore in revenue by FY27.
- Qoruz is nearing EBITDA break-even with a SaaS retention rate of 80-85%.
About the business
- Qoruz is a creator intelligence platform that combines a hybrid marketplace and SaaS model.
- Its subscription product is priced upwards of ₹10 lakh annually.
- The platform hosts 40 lakh+ creators and has influenced ₹1,500 crore+ in brand spends.
- Qoruz has worked with 500+ brands including Amazon, Flipkart, Dabur, Jiostar, L'Oréal, and Coca Cola.
- The company's SaaS retention rate is 80-85% and it is nearing EBITDA break-even.
- Qoruz is integrating AI for campaign ideas, influencer discovery, and competitive analysis.
- It has had operations in Dubai for the past two years.
What happens next
- Qoruz plans to raise an $8-10M Series A round targeting a valuation of ₹280-300 crore.
- It will use the Series A funds to enter the US market.
- The company is targeting ~₹100 crore in revenue by FY27.
The deal
- Type
- pre-Series A
Founders
- Praanesh Bhuvaneswar, co-founder
- Prabakaran B, co-founder
- Aditya Gurwara, co-founder
- Priya Vivek, co-founder, head of revenue and partnerships
About Qoruz
- Product
- A creator intelligence and collaboration platform for influencer discovery and management.
- Customers
- Brands and agencies that run influencer marketing campaigns.
- How it makes money
- SaaS-style platform for creator discovery, evaluation, and campaign collaboration.
- What sets it apart
- Combines AI with structured data to help brands find and evaluate creators.
- Operations
- Based in Bengaluru and expanding internationally, especially in the Middle East and Southeast Asia.
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