QStrat - About the company
QStrat is an acquired company based in Toronto (Canada), founded in 2000. It operates as an eProcurement, sales and cost estimation software solutions. The company has 1163 active competitors, including 167 funded and 105 that have exited. Its top competitors include companies like DocuSign, Nomba and Spotdraft.
Company Details
Qstrat provides electronic procurement software (eRFx solutions) for streamlining manufacturers sourcing, costing and sales processes. Software solutions provided are "QLM Sourcing" - eProcurement and sourcing software helps in streamline and automate RFx processes and communication to make more informed purchasing decisions; "QLM Sales" - sales quoting software automate the tracking of inbound RFQs, provide configurable approval workflows; "QLM costing" - manufacturing cost estimating software helps in creating detailed bills-of-material by incorporating different methodologies and cost drivers.
Key Metrics
Founded Year
2000
Location
Toronto, Canada
Stage
Acquired
Ranked
699th among 1163 active competitors
Employee Count
4 as on Jun 30, 2026
Exit Details
Acquired by Embrace Software (Nov 25, 2024)
QStrat's acquisition details
QStrat got acquired by Embrace Software on Nov 25, 2024.
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QStrat's funding and investors
QStrat has not raised any funding rounds yet.
QStrat's founders and board of directors
Founder? Claim ProfileQStrat's employee count trend
QStrat has 4 employees as of Jun 26. Here is QStrat's employee count trend over the years:
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QStrat's Competitors and alternates
Top competitors of QStrat include DocuSign, Nomba and Spotdraft. Here is the list of Top 10 competitors of QStrat, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  DocuSign 2003, San Francisco (United States), Public | Provider of electronic signature and intelligent agreement management platform solutions | $520M | 87/100 | |
2nd | App-based payment acceptance solutions for SMBs | $42.7M | 75/100 | ||
3rd | Spotdraft 2017, New York City (United States), Series B | AI-powered contract lifecycle management solution for companies | $113M | 74/100 | |
4th |  Taulia 2009, San Francisco (United States), Acquired | AI-based electronic invoicing and supply chain management solution for businesses | $220M | 73/100 | |
5th |  Conga 2006, Broomfield (United States), Acquired | Provider of document automation, contract lifecycle management, and revenue solutions | $140M | 72/100 | |
6th | PandaDoc 2011, San Francisco (United States), Series C | Provider of document management and automation platform with e-signature capabilities | $61.9M | 70/100 | |
7th | Icertis 2009, Bellevue (United States), Series F | Provider of contract lifecycle management platform with AI and agentic workflows | $497M | 67/100 | |
8th | Vendavo 1998, Denver (United States), Acquired | Price optimization and management software for B2B Sales | $21M | 66/100 | |
9th |  Zip 2020, San Francisco (United States), Series D | Provider of a platform for procurement orchestration, intake, and spend management | $358M | 65/100 | |
10th |  m3ter 2020, London (United Kingdom), Acquired | Platform offering SaaS based utility price management platform | $31.5M | 65/100 | |
699th | eProcurement, sales and cost estimation software solutions | - | - | 22/100 |
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QStrat's Investments and acquisitions
QStrat has made no investments or acquisitions yet.
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