When was Q2 Software founded?

Q2 Software was founded in 2005 and raised its 1st funding round 7 years after it was founded.

Where is Q2 Software located?

Q2 Software is headquartered in Austin, United States. It is registered at Austin, Texas.

How many employees does Q2 Software have?

As of Aug 31, 2026, the latest employee count at Q2 Software is 3529.

Is Q2 Software a funded company?

Q2 Software is a funded company, having raised a total of $31M across 5 funding rounds to date. The company's 1st funding round was a $***** PE round, raised on Jan 13, 2012.

When was the latest funding round of Q2 Software?

Q2 Software's latest funding was a $***** Post IPO round on Nov 12, 2020, with participation from 0 investor.

What is the annual revenue of Q2 Software?

Annual revenue of Q2 Software is between $500M and $1B as on Dec 31, 2025

Where does Q2 Software rank among its competitors?

Q2 Software ranks 1st amongst 19 active competitors, only 1 of which is funded. Rupeeflo, which secured $1M in Dec, 2024.

Who are the top competitors of Q2 Software?

Q2 Software's top competitors include Finacle, Rupeeflo and Symitar Solutions. Among them, Rupeeflo secured the most recent funding round in December, 2024.

Q2 Software - 2026 Company Profile, Funding, Competitors & Financials

Q2 Software is a public company based in Austin (United States), founded in 2005. It operates as a Provider of digital banking and lending solutions for financial institutions. Q2 Software has raised $31M in funding from Battery Ventures. The company has 19 active competitors, including 1 funded and 4 that have exited. Its top competitors include companies like Finacle, Rupeeflo and Symitar Solutions.

Company Details

Provider of digital banking and lending solutions for financial institutions. The company delivers a platform that empowers banks and credit unions to serve their account holders. It offers digital banking, digital onboarding, risk and fraud management, and relationship pricing solutions. The company aims to strengthen financial institutions through its technology.

Website: www.q2.com/
Social
Phone Number: +1 **********
Registered Address: Austin, Texas

Key Metrics

Founded Year

2005

Location

Austin, United States

Stage

Public

Total Funding

$31M in 5 rounds

Latest Funding Round

Post IPO, Nov 12, 2020, $*****

Investors

Battery Ventures & 4 more

Ranked

1^st among 19 active competitors

Annual Revenue

$500M - $1B as on Dec 31, 2025

Employee Count

3,529 as on Aug 31, 2026

Investment & Acquisitions

Sensibill & 2 more

Similar Companies

Finacle & 18 more

Exit Details

Public

View Q2 Software's full profile

Q2 Software is associated with 4 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Q2 Software, Inc. CIN: 20071289724 , United States, Deadpooled	Jun 21, 2007	-	-	-
Q2 Group CIN: 40103726216 , Latvia, Deadpooled	Oct 30, 2013	€0 - €1M (As on Dec 31, 2020)	4 (As on Dec 31, 2020)	-
Q2 HOLDINGS, INC. CIN: 202706637 , United States, Active	Dec 26, 999	$500M - $1B (As on Dec 31, 2025)	1660 (As on Dec 31, 2024)	-
MFIFLEX TECHNOLOGIES PRIVATE LIMITED CIN: U72200KA2012PTC062376 , India, Active	Feb 03, 2012	₹100 - ₹500 Cr (As on Mar 31, 2025)	698 (As on Oct 31, 2024)

Q2 Software got listed on Mar 21, 2014.

Click here to take a look at Q2 Software's IPO in detail

Q2 Software has raised a total funding of $31M over 5 rounds. Its first funding round was on Jan 13, 2012. Q2 Software has 5 institutional investors.

Here is the list of recent funding rounds of Q2 Software:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Nov 12, 2020	3858603	Post IPO	7586593	3370356	7323742	3040336
Feb 20, 2018	4928861	Post IPO	9877685	1923617	1260822	2776562
Feb 2015	5307090	Post IPO	9018227	3780328	5560174	5597728

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View details of Q2 Software's funding rounds and investors

Q2 Software's employee count trend

Q2 Software has 3,529 employees as of Aug 26. Here is Q2 Software's employee count trend over the years:

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Top competitors of Q2 Software include Finacle, Rupeeflo and Symitar Solutions. Here is the list of Top 10 competitors of Q2 Software, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Q2 Software 2005, Austin (United States), Public	Provider of digital banking and lending solutions for financial institutions	$31M	Adams Street Partners, Cohen Circle & 3 others	65/100
2nd	Finacle 1999, Bengaluru (India), Unfunded	Provider of banking solutions including core, digital, corporate, and cloud	-	-	51/100
3rd	Rupeeflo 2024, Bengaluru (India), Seed	Provider of an internet first bank through partnership offering retail banking solutions	$1M	Rainmatter, Piper Serica & 7 others	29/100
4th	Symitar Solutions 1984, San Diego (United States), Public	Provider of technology solutions for financial institutions and commercial businesses	-	-	29/100
5th	Raiffeisen Software 2015, Linz (Austria), Public	Developer of software solutions for banking and financial service industries	-	-	26/100
6th	Gestor 1997, Quito (Ecuador), Unfunded	Developer of platforms for trust, funds, and financial asset management	-	-	23/100
7th	Maps Solutions Services Sao Paulo (Brazil), Unfunded	Provider of software and consulting for financial service institutions	-	-	23/100
8th	PayNways Worldwide 2017, East Brunswick (United States), Unfunded	Provider of digital banking and payment processing software for institutions	-	-	22/100
9th	finAngel 2006, Austria, Unfunded	Developer of software for banking sales and professional asset management	-	-	21/100
10th	ZData Analytics 1990, Norway, Public	Provider of financial infrastructure technology for automating complex financial processes	-	-	21/100

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Q2 Software has acquired 3 companies including Sensibill, ClickSWITCH and Gro Solutions. Q2 Software has not made any investments as of now.

Here is the list of its acquisitions:

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Oct 03, 2022	Acquisition	Sensibill	2012	Toronto (Canada)
Apr 01, 2021	Acquisition	ClickSWITCH	2013	Eagan (United States)
Dec 03, 2018	Acquisition	Gro Solutions	2015	Alpharetta (United States)