Q2

Austin, United States Founded: 2004 • Age: 22 yrs
Banking software suites are provided for financial institutions.
Annual revenue - Latest available
Total funding $20.0M 4 rounds
Employees - Tracked headcount
Investors 2 Known backers
Products 4 Services tracked
Competitors 10 Brand Intelligence

About Q2

Q2 is a company based in Austin (United States) founded in 2004 by Hank Seale and Renee Johnson. It operates as a SaaS (Software-as-a-Service) and FinTech. Q2 has raised $20 million across 4 funding rounds from investors including Battery Ventures and Adams Street Partners. Q2 has completed 4 acquisitions, including Centrix Solutions, Cloud Lending and PrecisionLender. 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, Infibeam Avenues, NCR and Jack Henry, among others.

  • Headquarter Austin, United States
  • Founders Hank Seale, Renee Johnson
  • Stage Public
  • Sectors
    Financial Services
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Q2 Software, Inc.
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $20 M (USD)

    in 4 rounds

  • Latest Funding Round
    $350 M (USD), Post-IPO

    Dec 14, 2020

  • Investors
  • Employee Count
    Not available
  • Investments & Acquisitions
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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.

Exchange: NYSE · Ticker: QTWO · Sector: Technology services · USA

Products & Services of Q2

Q2 offers a comprehensive portfolio of products and services, including Digital Banking, Digital Onboarding, Risk & Fraud Management, and Embedded Finance.

Product name locked
Category locked
Primary

Platform for consumer and commercial banking solutions provided.

Product name locked
Category locked
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Comprehensive onboarding for new account holders offered digitally.

Product name locked
Category locked
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Automated solutions for risk and fraud prevention delivered.

Product name locked
Category locked
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Scalable banking products for embedded finance are developed.

People of Q2

Headcount 1000-5000
Employee Profiles 674
Board Members and Advisors 6
Employee Profiles
People
Mark Hess
Senior Customer Success Manager
People
Mark McElroy
Senior Client Experience Manager
People
David Buggeln
Senior Client Experience Manager, Helix
People
Christopher Merced
Customer Support Manager - Centrix

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Board Members and Advisors
people
Jeffrey T. Diehl
Board Member
people
Lynn Antipas Tyson
Board Member

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Funding Insights of Q2

Q2 has successfully raised a total of $20M across 4 strategic funding rounds. The most recent funding activity was a Post-IPO round of $350 million completed in December 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.

All
Venture Fund
Investor Description Founded Year Domain Location
Investments in technology companies are conducted globally by Battery Ventures.
Locked Locked Locked
Private markets investment management with strategies in equity, credit, and secondary investments.
Locked Locked Locked
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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
  • Funding rounds
  • 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 4 companies. Notable acquisitions include Centrix Solutions, Cloud Lending and PrecisionLender.

Investments
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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.

Acquisitions
Company Name Description Domain Location Founded Year Amount
A cloud-based lending platform is provided for financial institutions.
Locked Locked 2013 Locked
Loan and deposit pricing management software is provided for banks.
Locked Locked 2009 Locked
Social media-leveraged personal financial management solutions are provided.
Locked Locked 2008 Locked
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Complete acquisition details for Q2

Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.

  • Transaction dates
  • Acquired stakes
  • Disclosed values
  • Domains and locations

Verified entity values are shown only after access is granted.

Financial Statements - Q2

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Detailed financials for Q2

Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.

  • Historical revenue
  • Profit trends
  • Statement rows
  • Financial ratios

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Q2 Comparisons

Q2 Primary company
Description
Banking software suites are provided for financial instituti...
Location
Austin, United States
Founded Year
2004
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Q2

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

  • Named peers
  • Headcount comparison
  • Funding comparison
  • 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, Infibeam Avenues, NCR and Jack Henry, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Diversified financial solutions for business processing and management are provided.
Locked Locked Locked
Software platforms for telecommunications, digital payments, and experiences are provided.
Locked Locked Locked
Digital payment solutions and enterprise software platforms are provided.
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Banking software suites are provided for financial institutions and banks.
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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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Detailed competitors of Q2

Competitor domains, locations, full profiles, and operating metrics require an active premium plan.

  • Domains and locations
  • Full company profiles
  • Operating metrics
  • Competitive positioning

Verified entity values are shown only after access is granted.

Latest news on Q2

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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 2004 and raised its 1st funding round 9 years after it was founded.

Q2 is headquartered in Austin, United States. It is registered at Austin, Texas, United States.

Hank Seale is the current CEO of Q2. They have also founded this company.

Q2 is a funded company, having raised a total of $20M across 4 funding rounds to date.

Digital banking solutions are offered by Q2 to banks and credit unions across consumer, small business, and commercial sectors. A single platform is utilized to deliver personalized experiences, streamline onboarding, and manage risk and fraud. Innovation is accelerated through partnerships with fintechs via the Q2 Innovation Studio. Embedded finance and alternative lending solutions are also provided to enhance scalability and profitability. Services are extended globally with a focus on building stronger, diverse communities through financial institutions.

Q2's top competitors include Comviva, Mambu and Blend.

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 4 acquisitions, including Centrix Solutions, Cloud Lending, and PrecisionLender.

Q2 has 2 investors. Key investors include Battery Ventures, and Adams Street Partners.

The ticker symbol of Q2 is QTWO on NYSE.

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