FundedIQ
Education

GrayQuest: Funding, Investors & Team (Oct 2026)

GrayQuest is a payment platform that offers educational financing options for school and college fees. It functions as a convenient fee collection system for schools, enabling parents to pay off annual tuition costs through monthly payments without any interest.

www.grayquest.com LinkedIn Mumbai, India 251-500 employees
Total raised
$16.8M
Rounds
3
Latest
Series B
Sep 2024

GrayQuest has raised $16.8M across 3 funding rounds on record, the most recent a Series B of $6.3M announced in Sep 2024.

That round is above the $1.6M median round size for Education companies tracked on FundedIQ over the last two years.

GrayQuest Company Profile and Key Stats

Total funding raised
$16.8M
across 3 rounds on record
Funding rounds on record
3
Latest funding round
Series B
$6.3M in Sep 2024
Employees
251-500
reported band
Headquarters
Mumbai, India

Latest funding round on record: Sep 2024.

GrayQuest Funding Rounds

Date
Round
Amount
Series B
$6.3M
Series A
$6.8M
Series A
$3.7M

GrayQuest raised $3.7M in a Series A announced in Dec 2022.

3 months later, a Series A of $6.8M was announced in Mar 2023.

1.5 years later, a Series B of $6.3M was announced in Sep 2024.

GrayQuest Founders and Leadership Team

Name
Role
Contact
Rishab Mehta
Founder
Locked

Contact details for the GrayQuest team: 1 of 1 has an email address on file.

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GrayQuest Funding Compared to Other Education Startups

Segment
Companies
Median round
1,474
$1.6M
3,308
$3.0M
4,401
$31M

GrayQuest's latest round of $6.3M is above the median round in Education. Medians cover the last 24 months of disclosed rounds.

Funded Startups Like GrayQuest in Education and Mumbai

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GrayQuest Funding FAQs

What does GrayQuest do?

GrayQuest is a payment platform that offers educational financing options for school and college fees. It functions as a convenient fee collection system for schools, enabling parents to pay off annual tuition costs through monthly payments without any interest.

How much funding has GrayQuest raised?

GrayQuest has raised $16.8M across 3 rounds on record. The most recent is a Series B of $6.3M announced in Sep 2024.

When did GrayQuest last raise funding?

GrayQuest's most recent funding round on record is a Series B of $6.3M, announced in Sep 2024.

Who founded GrayQuest?

FundedIQ lists Rishab Mehta (Founder) at GrayQuest.

Where is GrayQuest headquartered?

GrayQuest is based in Mumbai, Maharashtra, India.

How many employees does GrayQuest have?

GrayQuest is in the 251-500 employee band.

How does GrayQuest's funding compare to other Education startups?

GrayQuest's latest round of $6.3M is above the $1.6M median round size for Education companies on FundedIQ across 1,474 tracked companies over the last two years.

About FundedIQ's GrayQuest Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for GrayQuest is left off this page rather than filled in.

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