When was QAD founded?

QAD was founded in 1979 and raised its 1st funding round 31 years after it was founded.

Where is QAD located?

QAD is headquartered in Santa Barbara, United States. It is registered at Santa Barbara, California.

Who is the current CEO of QAD?

Richard Marcoux, Karl F Lopker and Sanjay Brahmawar s of QAD. Richard Marcoux has also founded 1 company.

How many employees does QAD have?

As of Mar 31, 2026, the latest employee count at QAD is 1596.

Is QAD a funded company?

QAD is a funded company, having raised an undisclosed amount across 2 funding rounds to date. The company's 1st funding round was a $***** Post IPO round, raised on Sep 22, 2010.

How much is QAD worth?

The last known valuation of QAD was $***** as of Jun 28, 2021.

When was the latest funding round of QAD?

QAD's latest funding was a $***** Post IPO round on Dec 31, 2022, with participation from 1 investor.

What is the annual revenue of QAD?

Annual revenue of QAD is $308M as on Jan 31, 2021.

Where does QAD rank among its competitors?

QAD ranks 53rd amongst 869 active competitors, of which 81 are funded. It stands 11th 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 QAD?

QAD's top competitors include Infor, WiseTech Global and Kale Logistics Solutions. Among them, Katana MRP secured the most recent funding round in October, 2025.

QAD - 2026 Company Profile, Team, Funding, Competitors & Financials

Q: Is QAD an acquired company?

QAD got acquired by Thoma Bravo on Jun 28, 2021.

QAD is an acquired company based in Santa Barbara (United States), founded in 1979 by VRV Shankar and Richard Marcoux. It operates as a Cloud-based platform offering ERP software for auto manufacturing industries. QAD has raised an undisclosed amount in funding, with last known valuation of $*****. The company has 869 active competitors, including 81 funded and 63 that have exited. Its top competitors include companies like Infor, WiseTech Global and Kale Logistics Solutions.

Company Details

Cloud-based platform offering ERP software for auto manufacturing industries. The platform provides operational requirements including financials, supply chain management, inventory management, business intelligence, etc. It caters to the automobile, consumer products, high technology, and life sciences industries.

Website: www.qad.com/
Social
Email ID: *****@qad.com
Registered Address: Santa Barbara, California

Key Metrics

Founded Year

1979

Location

Santa Barbara, United States

Stage

Acquired

Latest Funding Round

Post IPO, Dec 31, 2022, $*****

Last Known Valuation

$***** as on Jun 28, 2021

Investors

Summit Partners

Ranked

53^rd among 869 active competitors

Annual Revenue

$308M as on Jan 31, 2021

Employee Count

1,596 as on Mar 31, 2026

Investment & Acquisitions

Kavida AI & 10 more

Similar Companies

Infor & 884 more

Exit Details

Acquired by Thoma Bravo (Jun 28, 2021)

View QAD's full profile

QAD is associated with 4 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
QAD INC. CIN: 770105228 , United States, Active	Dec 26, 999	-	534 (As on Dec 31, 2024)	-
QAD INC. CIN: 151743490 , United States, Active	Jan 23, 2019	-	-	-
QAD INC CIN: 1036188 , United States, Active	May 14, 1997	$308M (As on Jan 31, 2021)	-	-
QAD INDIA PRIVATE LIMITED CIN: U72200MH2005PTC154302 , India, Active	Jun 28, 2005	$14.9M (As on Mar 31, 2025)	-

QAD got acquired by Thoma Bravo on Jun 28, 2021 at an acquisition amount of $2B. It was facilitated by Morgan Stanley, Paul, Weiss, Rifkind, Wharton & Garrison, Barclays and 4 more.

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

QAD has raised funding over 2 rounds. Its first funding round was on Sep 22, 2010. Its latest funding round was a Post IPO round on Dec 31, 2022 for $*****. 1 investor participated in its latest round. QAD has 1 institutional investor.

Here is the list of recent funding rounds of QAD:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 31, 2022	8071795	Post IPO	4587964	4047433	3292028	8178679
Sep 22, 2010	6260264	Post IPO	5988727	6176143	3132394	2068295

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View details of QAD's funding rounds and investors

The founders of QAD are VRV Shankar and Richard Marcoux. Richard Marcoux and Sanjay Brahmawar are the CEOs of QAD.

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

VRV Shankar: Founder of QAD and founder of 1 other company.
Richard Marcoux: Founder & CEO of QAD and founder of 1 other company.
Karl F Lopker: CEO of QAD.
Sanjay Brahmawar: CEO of QAD. They serve on the board of 1 company.
Contact Info: 2 email addresses

View details of QAD's Founder profiles and Board Members

QAD's employee count trend

QAD has 1,596 employees as of Mar 26. Here is QAD's employee count trend over the years:

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Top competitors of QAD include Infor, WiseTech Global and Kale Logistics Solutions. Here is the list of Top 10 competitors of QAD, 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	WiseTech Global 1994, Schaumburg (United States), Public	Provider of a cloud-based logistics software suite	$35M	Fidelity Investments, Smallco Investment Manager ... & 3 others	75/100
3rd	Kale Logistics Solutions 2010, Thane (India), Series B	Provider of cloud-based platforms for logistics, ports, and trade facilitation	$40.1M	Inflexor, Creaegis & 63 others	75/100
4th	Epicor 1972, Austin (United States), Acquired	Cloud-based enterprise resource planning software for the automotive industry	$229M	CPP Investments, CFT Capital Partners & 9 others	73/100
5th	Katana MRP 2017, Tallinn (Estonia), Series B	Cloud-based inventory and production management software	$68.6M	Atomico, Northzone & 53 others	68/100
6th	Raft 2017, London (United Kingdom), Series B	Provider of an AI platform for supply chain management services	$30M	Eight Roads Ventures, Bessemer Venture Partners ... & 4 others	61/100
7th	Senior Sistemas 1988, Blumenau (Brazil), Unfunded	Provider of enterprise resource planning, supply chain, and human capital solutions	-	-	60/100
8th	Magaya Corporation 2001, Miami (United States), Late Stage	Provider of cloud-based supply chain and logistics software for businesses	-	Apax, LLR Partners	59/100
9th	RXO 1998, San Francisco (United States), Public	Cloud based platform providing freight forwarding solutions	-	-	58/100
10th	Phocas 1999, Coventry (United Kingdom), Acquired	Offering BI analysis and visualization solutions for enterprise	$52.3M	Ellerston Capital, One Ventures	57/100
53rd	QAD 1979, Santa Barbara (United States), Acquired	Cloud-based platform offering ERP software for auto manufacturing industries	-	Summit Partners	43/100

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QAD has not made any investments yet. QAD has made 11 acquisitions.

Here is the list of latest three $acquisitions:

Filter this list

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Nov 11, 2025	Acquisition	Kavida AI	2020	London (United Kingdom)
Oct 07, 2024	Acquisition	Phenixscheduling		United States
Feb 01, 2023	Acquisition	Redzone	2012	Miami (United States)