Quorum - About the company
Quorum is an acquired company based in Houston (United States), founded in 1998. It operates as a Provider of software solutions for energy industry upstream and midstream operations. Quorum has raised $1.67M in funding from The Carlyle Group and Riverstone Holdings. The company has 268 active competitors, including 12 funded and 30 that have exited. Its top competitors include companies like SLB, AspenTech and Gentrack.
Company Details
Provider of software solutions for energy industry upstream and midstream operations. The company’s offerings streamline workflows to maximize performance and help achieve results. Software includes planning, financials, accounting, land management, and production operations. The company delivers decision-ready data and insights to maximize gains and de-risk operations.
- Website
- www.quorumsoftware.com/
- Email ID
- *****@quorumsoftware.com
- Phone Number
- +1 **********
Key Metrics
Founded Year
1998
Location
Houston, United States
Stage
Acquired
Total Funding
$1.67M in 4 rounds
Latest Funding Round
Investors
Ranked
4th among 268 active competitors
Employee Count
1,001 - 5,000 as on Jul 01, 2024
Exit Details
Acquired by Thoma Bravo (Aug 13, 2018)
Legal entities associated with Quorum
Quorum is associated with 5 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
QUORUM SOFTWARE NORWAY AS CIN: 927028387 , Norway, Active | Feb 25, 2021 | - | 122 (As on Dec 31, 2022) | |
Quorum Business Solutions, Inc CIN: 2892884 , United States, Active | May 04, 1998 | - | - | - |
OCTASERV TECHNOLOGIES PRIVATE LIMITED CIN: U72900PN2021PTC199189 , India, Active | Mar 05, 2021 | $11.3M (As on Mar 31, 2025) | - | |
QUORUM BUSINESS SOLUTIONS U.S.A., INC. CIN: 760571260 , United States, Active | Dec 31, 1999 | - | 573 (As on Dec 31, 2024) | - |
QUORUM BUSINESS SOLUTIONS, INC. CIN: 17605712615 , United States, Active | Apr 11, 2001 | - | - | - |
Quorum's acquisition details
Quorum got acquired by Thoma Bravo on Aug 13, 2018. It was facilitated by Credit Suisse, Macquarie, Hogan Lovells and 1 more.
Click here to take a look at Quorum's acquisition in detail
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Quorum's funding and investors
Quorum has raised a total funding of $1.67M over 4 rounds. Its first funding round was on Oct 01, 2008. Quorum has 4 institutional investors.
Here is the list of recent funding rounds of Quorum:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 16, 2019 | 8266139 | Conventional Debt | 3346494 | 3747956 | 8286044 | 7561091 |
Aug 07, 2012 | 7918750 | Conventional Debt | 5787284 | 1519237 | 3585577 | |
Jul 29, 2010 | 5930891 | Unattributed | 7602909 | 7392560 | 1430470 |
View details of Quorum's funding rounds and investors
Quorum's founders and board of directors
Founder? Claim ProfileQuorum's employee count trend
Quorum has 1,001 - 5,000 employees as of Jul 24. Here is Quorum's employee count trend over the years:
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Quorum's Competitors and alternates
Top competitors of Quorum include SLB, AspenTech and Gentrack. Here is the list of Top 10 competitors of Quorum, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | SLB 1926, Houston (United States), Public | Provider of technology and services for energy industry operations globally | - | 76/100 | |
2nd | AspenTech 1981, Bedford (United States), Acquired | Provider of enterprise asset performance management, asset performance monitoring, and asset optimization software solutions | $100M | 73/100 | |
3rd | Gentrack 1989, Auckland (New Zealand), Public | Smart billing and customer management solutions for energy, water and airport utilities | - | 62/100 | |
4th | Quorum 1998, Houston (United States), Acquired | Provider of software solutions for energy industry upstream and midstream operations | $1.67M | 61/100 | |
5th | CSE Global 1985, Singapore (Singapore), Public | System integration and automation solutions provider | - | 56/100 | |
6th | Aker Solutions 1841, Oslo (Norway), Acquired | Provider of diversified solutions for the oil and gas industry | - | 54/100 | |
7th | OpusFlow 2022, Deventer (Netherlands), Series A | ERP software for installation companies | $6.46M | 52/100 | |
8th | THREE60 Energy 2016, United Kingdom, Seed | Provider of oil & gas engineering, procurement, construction, commissioning, and operations support services | - | 51/100 | |
9th | Detechtion 2000, Calgary (Canada), Acquired | Provider of asset performance management software for the oil and gas sector | - | 49/100 | |
10th | SitePro 2012, San Antonio (United States), Series E | Provider of cloud-based software solutions for water and wastewater management | $16.2M | 47/100 |
Looking for more details on Quorum's competitors? Click here to see the top ones
Quorum's Investments and acquisitions
Quorum has not made any investments yet. Quorum 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 |
|---|---|---|---|---|
Mar 11, 2025 | Acquisition | Tyler (United States) | ||
Oct 05, 2020 | Acquisition | 2015 | Houston (United States) | |
Feb 18, 2020 | Acquisition | 2007 | Littleton (United States) |
See all acquisitions by Quorum
News related to Quorum
Media has covered Quorum for 1 event in last 1 year.
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Prez Mahama launches US$150M IFC-backed solar parkBusiness and Financial Times•Nov 11, 2025•IFC, Quorum,
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Francisco Partners to Acquire Quorum Software from Thoma BravoBusiness Wire•Mar 04, 2025•Francisco Partners, Quorum
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Jurimesh raises €1.6m in pre-seed funding to “reshape AI-driven legal due diligence”Legaltechnology•Feb 27, 2025•Jurimesh, Syndicate One, Quorum
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Thoma Bravo’s Quorum Software secures cheaper debt amid high lender demandPrivate Equity Wire•Nov 20, 2024•Quorum, Thoma Bravo, Apollo Global Management, Ares Management and 4 others
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Quorum and Pierallini in the acquisition of the Emerald Zanzibar Resort & Spa by Tui GH Fundlegalcommunity.it•Sep 19, 2023•Quorum, , Studio Pierallini, Emerald Zanzibar Resort & Spa and 1 other
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SLB, Quorum Software Speed Up Field Development PlanningHart Energy•Jun 29, 2023•Quorum, SLB, Software
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Quorum Software Appoints Jan Manning as Chief Information OfficerBusiness Wire•Jan 12, 2023•Quorum, Thales, Datascan, Forescout
•
Quorum Software Showcases Quorum Energy Suite to Middle East Energy Market at ADIPEC 2022Business Wire•Oct 25, 2022•Quorum
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