Quantum Commodity Intelligence

About Quantum Commodity Intelligence

Quantum Commodity Intelligence (QCI) operates as an independent price reporting agency (PRA) specializing in the energy transition markets. Founded in March 2021 by Andrew Allan, Sean Bartlett, and Paul Young, the London-headquartered firm aims to increase transparency in rapidly evolving commodity sectors. The founding team possesses extensive experience in price reporting, having previously developed pricing benchmarks and managed commodity news teams.

The company provides price assessments, real-time news, and market data across the oil, biofuels, carbon, ammonia, and hydrogen markets. Its services are designed to support clients in making data-driven decisions for trading, risk management, analysis, and accounting. QCI's product suite includes hundreds of daily price assessments, such as over 700 for crude and refined oil products and 350 for voluntary and regulated carbon credits, delivered via API, its platform, and email. The firm also offers in-depth market commentary and interactive data dashboards covering fundamentals like supply, demand, and emissions registry data.

QCI serves a global client base located in more than 100 countries, which includes major energy companies, trading houses, carbon project developers, financial institutions, and governments. The business generates revenue through subscriptions to its intelligence services. After being bootstrapped and profitable since its inception, the company secured £12.5 million (approximately $16.2 million) in a Series A funding round in July 2024, led by US-based venture capital firm Elephant. This investment is intended to expand its service offerings, grow its global presence, and enter new commodity verticals related to the energy transition.