Q

qualis-flow-(qflow)

lightning_bolt Market Research

Qualis Flow (Qflow) Company Profile



Background



Overview

Qualis Flow, also known as Qflow, is a construction technology company founded in 2018 by Brittany Harris and Jade Cohen. The company offers a digital platform that enables construction teams to capture real-time data on materials, waste, utilities, and carbon emissions directly from construction sites. This approach allows project teams to make informed decisions regarding cost, carbon impact, and quality, thereby enhancing sustainability and efficiency in the construction industry.

Mission and Vision

Qflow's mission is to decarbonize the construction industry by providing tools that enable responsible and resource-efficient construction practices. The company's vision is to create a built environment that meets societal needs without compromising future generations, emphasizing the efficient use of resources and the reduction of environmental impact.

Industry Significance

The construction industry is one of the most carbon-intensive sectors globally, accounting for approximately 11% of global carbon emissions. Qflow addresses this challenge by offering a solution that captures and analyzes environmental data at the source, promoting transparency and efficiency in construction projects. This approach supports the industry's transition towards more sustainable practices and aligns with global efforts to combat climate change.

Key Strategic Focus



Core Objectives

Qflow aims to:

  • Decarbonize Construction: By providing real-time data on materials and waste, Qflow helps construction teams reduce carbon emissions associated with their projects.


  • Enhance Efficiency: The platform automates data collection and analysis, reducing administrative burdens and minimizing errors, leading to cost savings and improved project timelines.


  • Promote Sustainability: Qflow supports the construction industry's shift towards sustainable practices by enabling better resource management and waste reduction.


Areas of Specialization

Qflow specializes in:

  • Real-Time Data Capture: Utilizing mobile applications to collect live information on materials, waste, utilities, and carbon emissions directly from construction sites.


  • Data Analysis and Reporting: Providing insights and analytics that inform decision-making related to cost management, sustainability, and quality control.


Key Technologies Utilized

Qflow leverages:

  • Mobile Application Development: For on-site data collection and real-time reporting.


  • Data Analytics Platforms: To process and analyze collected data, offering actionable insights.


  • Cloud Computing: Ensuring scalable and secure data storage and access.


Primary Markets Targeted

Qflow primarily targets:

  • General Contractors: Seeking to improve on-site data accuracy and project efficiency.


  • Developers: Aiming to achieve sustainability targets and comply with industry standards like BREEAM and LEED.


  • Construction Project Managers: Looking to enhance resource management and reduce environmental impact.


Financials and Funding



Total Funds Raised

As of May 2023, Qflow has raised a total of £7.2 million (~$9.1 million USD) in funding.

Recent Funding Rounds

  • Series A Round (May 2023): Raised £7.2 million, led by Systemiq Capital, with participation from investors such as Ascension Ventures, Bridge Investment Group, Greensoil PropTech Ventures, Grosvenor, and others.


  • Seed Round (August 2021): Raised $2.4 million, led by Green Angel Syndicate, with participation from PiLabs, Groundbreak, Suisse Immo Lab, and Vala Capital.


Notable Investors

Investors include:

  • Systemiq Capital: Led the Series A round, focusing on climate tech investments.


  • Ascension Ventures: Participated in the Series A round.


  • Bridge Investment Group: Participated in the Series A round.


  • Greensoil PropTech Ventures: Participated in the Series A round.


  • Grosvenor: Participated in the Series A round.


Utilization of Capital

The funds are intended to:

  • Scale Operations in the UK: Expand the reach and impact of Qflow's platform within the UK construction industry.


  • Expand Presence in the US and Australia: Enter and establish a foothold in these international markets.


  • Enhance Product Development: Further develop and refine Qflow's platform to meet the evolving needs of the construction industry.


Pipeline Development



Key Pipeline Candidates

Qflow's primary offering is its digital platform that captures real-time materials and waste data at the source. The company continues to enhance this platform by integrating additional features and capabilities to better serve the construction industry's needs.

Stages of Development

The platform is fully developed and operational, with ongoing updates and improvements to incorporate user feedback and technological advancements.

Target Conditions

The platform addresses challenges related to:

  • Material Waste: By providing real-time tracking, it helps reduce waste generated during construction.


  • Carbon Emissions: Enables monitoring and reporting of carbon emissions, supporting sustainability goals.


  • Quality Control: Improves data accuracy, leading to better quality management on construction sites.


Anticipated Milestones

Future milestones include:

  • Market Expansion: Establishing a presence in the US and Australian markets.


  • Product Enhancements: Integrating advanced analytics and AI capabilities to provide deeper insights.


  • Industry Recognition: Achieving certifications and awards that validate the platform's impact and effectiveness.


Technological Platform and Innovation



Proprietary Technologies

Qflow's platform utilizes proprietary technologies for:

  • Real-Time Data Capture: Ensuring accurate and timely collection of on-site data.


  • Data Analytics: Processing and analyzing large datasets to provide actionable insights.


  • Cloud Integration: Facilitating seamless data storage and access across devices and locations.


Significant Scientific Methods

The platform employs:

  • Machine Learning Algorithms: To predict environmental risks and optimize resource usage.


  • Data Visualization Techniques: Presenting complex data in an accessible and actionable format.


AI-Driven Capabilities

Qflow's AI-driven capabilities include:

  • Predictive Analytics: Forecasting potential issues and enabling proactive management.


  • Automated Reporting: Generating reports that comply with industry standards and regulations.


Leadership Team



Brittany Harris

  • Position: Co-Founder & CEO


  • Professional Background: Brittany has a background in construction and technology, with experience in project management and sustainable building practices.


  • Contributions: As CEO, she leads Qflow's strategic direction, oversees operations, and drives the company's mission to decarbonize the construction industry.


Jade Cohen

  • Position: Co-Founder & COO


  • Professional Background: Jade has a background in construction engineering and technology, with expertise in environmental management and data analytics.


  • Contributions: As COO, she manages day-to-day operations, product development, and ensures the platform meets user needs and industry standards.


Competitor Profile



Market Insights and Dynamics

The construction technology market is experiencing significant growth, driven by the industry's need for digital solutions that enhance efficiency, sustainability, and data-driven decision-making. Companies are increasingly adopting technologies that provide real-time data capture, analytics, and reporting to address challenges related to waste management, carbon emissions, and quality control.

Competitor Analysis

Key competitors in the market include:

  • Visualitica: Specializes in analytics consulting solutions.


  • Analytic Edge: Provides technology-enabled analytics solutions.


  • Geomedia: Focuses on analytics-driven geomarketing.


  • Unfolded: Develops a geospatial analytics platform for data unification, enrichment, and visualization.

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