About Q2
Q2 is a company based in Austin (United States) founded in 2005. It operates as a SaaS (Software-as-a-Service) and FinTech. Q2 has raised $51 million across 6 funding rounds from investors including Battery Ventures and Adams Street Partners. The company has 2,480 employees as of December 31, 2024. Q2 has completed 3 acquisitions, including ClickSWITCH, Gro Solutions and Sensibill. Q2 offers products and services including Digital Banking, Digital Onboarding, Risk & Fraud Management, and Embedded Finance. Q2 operates in a competitive market with competitors including Fiserv, Comviva, Jack Henry, Blend and Infibeam Avenues, among others.
- Headquarter Austin, United States
- Employees 2480 as on 31 Dec, 2024
- Stage Public
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Sectors
Financial Services
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Phone
Locked
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Website
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Social
Locked
- Legal Name Q2 Holdings, Inc.
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Annual Revenue
$696.46 M (USD)11.5as on Dec 31, 2024
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Net Profit
-$38.54 M (USD)41.06as on Dec 31, 2024
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EBITDA
$48.17 M (USD)379.39as on Dec 31, 2024
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Total Equity Funding
$51 M (USD)
in 6 rounds
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Latest Funding Round
$350 M (USD), Post-IPO
Nov 12, 2020
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Investors
Battery Ventures
& 1 more
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Employee Count
2480
as on Dec 31, 2024
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Investments & Acquisitions
ClickSWITCH
& 2 more
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IPO & Listings of Q2
Q2 is a publicly listed company on the NYSE with ticker symbol QTWO in USA, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Q2
Q2 offers a comprehensive portfolio of products and services, including Digital Banking, Digital Onboarding, Risk & Fraud Management, and Embedded Finance.
A platform for consumer and commercial banking solutions.
Comprehensive onboarding for new and existing account holders.
Automated tools to manage risk and prevent fraud.
Scalable banking products embedded in partner platforms.
People of Q2
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Software Development Team
157 people
Senior Team
145 people
Sales and Marketing
73 people
Leadership Team
60 people
Data Analysis and Operations Team
33 people
Product Management Team
15 people
Sr. Team
14 people
Implementation Team
14 people
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Funding Insights of Q2
Q2 has successfully raised a total of $51M across 6 strategic funding rounds. The most recent funding activity was a Post-IPO round of $350 million completed in November 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Q2
Q2 has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Battery Ventures and Adams Street Partners.
| Investor | Description | Founded Year | Domain | Location |
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Investments in technology companies are conducted globally by Battery Ventures.
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Private markets investment management with strategies in equity, credit, and secondary investments.
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Investor details for Q2
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
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- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Q2
Q2 has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include ClickSWITCH, Gro Solutions and Sensibill.
Investment portfolio details for Q2
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Digital customer acquisition solutions are provided to financial institutions.
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Platform offering account switching solution
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Locked | Locked | 2013 | Locked | |
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Receipt management solutions are offered for digital banking apps.
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Locked | Locked | 2012 | Locked |
Complete acquisition details for Q2
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- Transaction dates
- Acquired stakes
- Disclosed values
- Domains and locations
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Financial Statements - Q2
Detailed financials for Q2
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- Historical revenue
- Profit trends
- Statement rows
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Q2 Comparisons
Peer comparison for Q2
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- Named peers
- Headcount comparison
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- Operating benchmarks
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Competitors of Q2
Q2 operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Fiserv, Comviva, Jack Henry, Blend and Infibeam Avenues, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Diversified financial solutions for business processing and management are provided.
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Software platforms for telecommunications, digital payments, and experiences are provided.
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Banking and payments solutions are provided through a dedicated platform.
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Digital solutions for mortgage and consumer lending are provided.
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| Locked | Locked | Locked |
Digital payment solutions and enterprise software platforms are provided.
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API-enabled open banking platform is provided for financial institutions.
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Detailed competitors of Q2
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
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- Full company profiles
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Latest news on Q2
Complete news archive for Q2
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- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
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Frequently Asked Questions about Q2
Q2 was founded in 2005 and raised its 1st funding round 7 years after it was founded.
Q2 is headquartered in Austin, United States. It is registered at Austin, Texas, United States.
Q2 is a funded company, having raised a total of $51M across 6 funding rounds to date.
As of Dec 31, 2024, the latest employee count at Q2 is 2,480.
Annual revenue of Q2 is $696.46M as on Dec 31, 2024.
Digital banking platforms are developed by Q2 for banks and credit unions. Solutions are offered for consumer, small business, and commercial banking needs. Comprehensive onboarding, risk management, and fraud prevention tools are included in the portfolio. Embedded finance and relationship pricing solutions are also provided to enhance profitability. The technology is utilized by over 1200 financial institutions globally. Community impact and innovation are prioritized alongside technological advancements. Services are extended across the Americas, Europe, and Asia-Pacific regions.
Q2 offers Digital Banking, Digital Onboarding, Risk & Fraud Management, and Embedded Finance.
Yes, Q2 is publicly traded on NYSE under the ticker symbol QTWO.
Q2 has made 3 acquisitions, including ClickSWITCH, Gro Solutions, and Sensibill.
Q2 has 2 investors. Key investors include Battery Ventures, and Adams Street Partners.
The ticker symbol of Q2 is QTWO on NYSE.