Qvest announced a $230k capital investment from North-East Venture.

Qvest, a Copenhagen, Denmark-based company providing a software as a service solution for project management, announced in a press release securing a DKK 1.5M ($230k) capital investment round.

The money was provided by the Danish investment house North-East Venture and will be used to support the company's growth ambitions for expanding outside Denmark.

Qvest, founded in 2017 by Pia Lauritzen, Marie Mathiesen (CEO) and Anders Pollas, developed a digital tool called interaction survey and designed to drive change processes in larger organizations. The solution is used by companies including Maersk Drilling, Trivium and Maersk Tankers.

Prior to this round, Qvest raised DKK 4M ($610k) in pre-seed investment from Vaekstfonden, PreSeed Ventures and Seed Capital in 2018.