When was IQMS founded?

IQMS was founded in 1989 and raised its 1st funding round 25 years after it was founded.

Where is IQMS located?

IQMS is headquartered in Paso Robles, United States.

How many employees does IQMS have?

As of Jul 31, 2026, the latest employee count at IQMS is 103.

Is IQMS a funded company?

IQMS is a funded company, having raised a total of $75M across 2 funding rounds to date. The company's 1st funding round was a $***** Series B round, raised on Sep 22, 2014.

When was the latest funding round of IQMS?

IQMS's latest funding was a $***** Series C round on Jul 23, 2015, with participation from 2 investors. Its primary sector is Enterprise Resource Planning. In United States, the Enterprise Resource Planning sector has seen $523M in funding in 2026 to date.

Where does IQMS rank among its competitors?

IQMS ranks 6th amongst 427 active competitors, of which 21 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Katana MRP, which secured $16.4M in Oct, 2025.

Who are the top competitors of IQMS?

IQMS's top competitors include Infor, Katana MRP and AVEVA. Among them, Katana MRP secured the most recent funding round in October, 2025.

IQMS - 2026 Company Profile, Team, Funding & Competitors

Q: Is IQMS an acquired company?

IQMS got acquired by Dassault Systems on Dec 11, 2018.

IQMS is an acquired company based in Paso Robles (United States), founded in 1989 by Randall Flamm. It operates as a Developer of enterprise resource planning software for manufacturing business operations. IQMS has raised $75M in funding from TCV. The company has 427 active competitors, including 21 funded and 39 that have exited. Its top competitors include companies like Infor, Katana MRP and AVEVA.

Company Details

Developer of enterprise resource planning software for manufacturing business operations. This software platform integrates factory floor process control with resource management functions. It provides tools for inventory handling, quality management, warehouse tracking, financial accounting, and supply chain oversight. The system connects design and production processes to provide visibility into work status, equipment availability, and material requirements. Users can manage production schedules, monitor shop floor activities, and automate repetitive tasks. Deployment options include on-premise, hosted, and cloud configurations.

Website: iqms.com
Social

Key Metrics

Founded Year

1989

Location

Paso Robles, United States

Stage

Acquired

Total Funding

$75M in 2 rounds

Latest Funding Round

Series C, Jul 23, 2015, $*****

Investors

TCV & 2 more

Ranked

6^th among 427 active competitors

Employee Count

103 as on Jul 31, 2026

Similar Companies

Infor & 394 more

Exit Details

Acquired by Dassault Systems (Dec 11, 2018)

View IQMS's full profile

IQMS is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
IQMS CIN: 330363242 , United States, Active	Dec 31, 1999	$25M - $100M (As on Jul 23, 2015)	296 (As on Dec 31, 2018)	-

IQMS got acquired by Dassault Systems on Dec 11, 2018 at an acquisition amount of $*****.

Click here to take a look at IQMS's acquisition in detail

IQMS has raised a total funding of $75M over 2 rounds. Its first funding round was on Sep 22, 2014. Its latest funding round was a Series C round on Jul 23, 2015 for $*****. 2 investors participated in its latest round. IQMS has 3 institutional investors.

Here is the list of recent funding rounds of IQMS:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 23, 2015	2043029	Series C	7936318	7070096	2113375	7994727
Sep 22, 2014	4984023	Series B	1763822	4653948	TCV	Banneker Partners

Access funding benchmarks and valuations. Sign up today!

View details of IQMS's funding rounds and investors

The founders of IQMS is Randall Flamm.

Here are the details of IQMS's key team members:

Randall Flamm: Chairman of IQMS.
Contact Info: 1 email address

View details of IQMS's Founder profiles and Board Members

IQMS's employee count trend

IQMS has 103 employees as of Jul 26. Here is IQMS's employee count trend over the years:

Uncover IQMS's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of IQMS include Infor, Katana MRP and AVEVA. Here is the list of Top 10 competitors of IQMS, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Infor 2002, New York City (United States), Acquired	Cloud based ERP software for multi industries	$1.52B	LC Waikiki, Maxam Capital & 18 others	79/100
2nd	Katana MRP 2017, Tallinn (Estonia), Series B	Cloud-based inventory and production management software	$68.6M	Atomico, Northzone & 53 others	68/100
3rd	AVEVA 1967, Cambridge (United Kingdom), Acquired	Developer of industrial software for engineering operations and data management	-	Summit Partners, Europa	63/100
4th	Phocas Software 1999, Sydney (Australia), Acquired	Provider of business intelligence and financial planning and analysis software	$52.3M	Ellerston Capital, One Ventures	61/100
5th	Kavida AI 2020, London (United Kingdom), Acquired	Provider of artificial intelligence agents for automating manufacturing procurement tasks	$1.57M	QIMA, PDS Multinational & 16 others	53/100
6th	IQMS 1989, Paso Robles (United States), Acquired	Developer of enterprise resource planning software for manufacturing business operations	$75M	Ares Capital Corporation, TCV & 1 others	52/100
7th	Advantive 2022, Tampa (United States), Series A	Provider of ERP solutions for manufacturing industries	-	OA Private Capital, Insight Partners & 1 others	50/100
8th	Valuechain.com 2010, Preston (United Kingdom), Seed	ERP software provider for manufacturing industries	$863K	Innovate UK, EIC Fund & 4 others	50/100
9th	TranZact 2017, Mumbai (India), Series A	Provider of cloud-based software for streamlining manufacturing business processes	$8.09M	Kae Capital, Tribe Capital & 21 others	48/100
10th	Kenandy 2010, Redwood City (United States), Acquired	Cloud ERP application provider for product planning and manufacturing	$55M	Lightspeed Venture Partners, Kleiner Perkins ... & 2 others	48/100