Quorso

Quorso analyses financial and operational data and presents recommendations for how to make or save more money – all in a clean, easy-to-use interface – to teams of people from the C-suite to the shop floor.
Quorso

The story so far

Julian and Dan had been at consulting group, McKinsey & Company for many years and would look at each part of their clients’ business and notice areas that were underperforming in comparison to other parts of the firm. They would focus on where they could increase sales, or where the costs were too high, or places that needed general improvement. They saw an opportunity to create a product that could do this, as with the right data it ought to be possible to go into more detail, and fix the fundamental mismatch between the data-driven ideas at the center and the day-to-day operations of the business.

Their aim was to help everyone in an organisation realise the areas for improvement that can allow them to do their jobs better, rather than just present to senior management and let them filter the information down. They founded Quorso in 2016, which is an intelligent retail app that seeks to revolutionise store management, by making sure every store fixes their top three performance leaks, every day, for good.

Managing Partner, Harry Briggs and Julian were friends from university and also worked with each other at McKinsey, so after an initial conversation in August 2019, OMERS Ventures invested in November of that year. To date, Quorso has many notable clients including the largest contract foodservice company in the world, Compass Group which has over 600,000 employees.

Quorso-logo
Themes

Business SaaS

Founded

2016

OMERS First Investment

2019

Julian Quorso

ABOUT THE FOUNDER

Julian Smith

Julian Mills is the CEO and Founder of Quorso, the intelligent improvement platform for businesses. Previously, Julian was a Partner at McKinsey & Company where he focused on turnarounds and growth, and was a leader of the Travel, Transport and Infrastructure practices.

The OMERS team

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Harry Briggs
Managing Partner

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