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 May 31, 2026, the latest employee count at Q2 Software is 3582.

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 15 active competitors, none of which are funded.

Who are the top competitors of Q2 Software?

Q2 Software's top competitors include Finacle, Symitar Solutions and eprogo. Among them, Q2 Software secured the most recent funding round in November, 2020.

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 15 active competitors, including 4 that have exited. Its top competitors include companies like Finacle, Symitar Solutions and eprogo.

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 15 active competitors

Annual Revenue

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

Employee Count

3,582 as on May 31, 2026

Investment & Acquisitions

Sensibill & 2 more

Similar Companies

Finacle & 14 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	$10M - $50M (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	3824331	Post IPO	1101000	6481213	9864444	5156432
Feb 20, 2018	4964086	Post IPO	4455668	7208621	9426062	7156554
Feb 2015	7842194	Post IPO	7440074	5172638	1288620	3422385

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View details of Q2 Software's funding rounds and investors

Q2 Software's employee count trend

Q2 Software has 3,582 employees as of May 26. Here is Q2 Software's employee count trend over the years:

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Top competitors of Q2 Software include Finacle, Symitar Solutions and eprogo. 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, TTV Capital & 3 others	66/100
2nd	Finacle 1999, Bengaluru (India), Unfunded	Provider of banking solutions including core, digital, corporate, and cloud	-	-	51/100
3rd	Symitar Solutions 1984, San Diego (United States), Public	Provider of technology solutions for financial institutions and commercial businesses	-	-	41/100
4th	eprogo 2018, Monchengladbach (Germany), Unfunded	Provider of white-label software for bank-independent financing with blockchain technology	-	-	24/100
5th	Raiffeisen Software 2015, Linz (Austria), Public	Developer of software solutions for banking and financial service industries	-	-	20/100
6th	ZData Analytics 1990, Norway, Public	Provider of financial infrastructure technology for automating complex financial processes	-	-	20/100
7th	Cognivision Inc 2004, San Diego (United States), Unfunded	Provider of digital document management and workflow solutions for banks	-	-	17/100
8th	Maps Solutions Services Sao Paulo (Brazil), Unfunded	Provider of software and consulting for financial service institutions	-	-	16/100
9th	Gestor 1997, Quito (Ecuador), Unfunded	Developer of platforms for trust, funds, and financial asset management	-	-	16/100
10th	Banksoft 1995, Turkey, Unfunded	Developer of software solutions for card payment and banking systems	-	-	16/100

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Looking for more details on Q2 Software's competitors? Click here to see the top ones

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)