About Q2
Q2 is a publicly listed company based in Austin (United States) founded in 2004 by Hank Seale and Renee Johnson. Banking software suites are provided for financial institutions. It operates on a SaaS (Software-as-a-Service) and FinTech model. 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. Its chief executive, as recorded, is Hank Seale. Its website q2ebanking.com draws about 135 thousand monthly visits. Q2 offers products and services including Digital Banking, Digital Onboarding, Risk & Fraud Management, and Embedded Finance. Its focus areas include Technology, Financial Technology and Digital Banking. Its legal entity is Q2 Software, Inc. Its competitors include Fiserv, NCR and Jack Henry; 1 of its 3 listed competitors has raised funding.
Company details
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.
- Headquarters Austin, United States
- Founders Hank Seale, Renee Johnson
- Stage Public
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website q2ebanking.com
- Social LinkedIn X Facebook Instagram
- Legal Name Q2 Software, Inc.
- Total Equity Funding$20M (USD)
in 4 rounds
- Latest Funding Round$350M (USD), Post-IPO
Dec 2020
- InvestorsBattery Ventures
& 1 more
- Investments & AcquisitionsCentrix Solutions
& 3 more
Products & Services of Q2
Q2 offers a comprehensive portfolio of products and services, including Digital Banking, Digital Onboarding, Risk & Fraud Management, and Embedded Finance.
Platform for consumer and commercial banking solutions provided.
Comprehensive onboarding for new account holders offered digitally.
Automated solutions for risk and fraud prevention delivered.
Scalable banking products for embedded finance are developed.
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.
- Total Funding $20M
- Total Rounds 4
- Last Round Post-IPO — $350M
- First Round $20M
(Mar 2013)
- Investors Count 2
All 4 funding rounds of Q2 with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2020 | $350M | Post-IPO | – | – | – |
| Feb 2018 | $230M | Post-IPO | – | – | – |
| Feb 2015 | $116M | Post-IPO | – | – | – |
| Mar 2013 | $20M | Series C | – | Battery Ventures |
2 investors in total: 2 institutional.
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 |
|---|---|---|---|---|
Investments in technology companies are conducted globally by Battery Ventures. | battery.com | |||
Private markets investment management with strategies in equity, credit, and secondary investments. | adamsstreetpartners.com |
Investor details for Q2
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
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People of Q2
681 people are tracked at Q2 (141 in leadership, 6 in board & advisors, 534 in team).
| Name | Role | Group |
|---|---|---|
Hank Seale | Co-Founder & CEO | Leadership |
Renee Johnson | Co-Founder | Leadership |
Andrew McDonald | Director, Corporate Real Estate & Operations | Leadership |
Kirk Coleman | President | Leadership |
Heather Henry | Director, Talent Acquisition | Leadership |
Mehul Mehta | VP Of Engineering | Leadership |
Tyana Nixon | HR Business Partner | Leadership |
Ed Gubbins | Senior Director, Fp&a | Leadership |
Jean Kondo | Vice President Of Marketing Communications | Leadership |
Scott Hilson | Vp, Customer Success - Alt-fi Segment | Leadership |
Kristi Hale | Principal Alliances Partner Specialist | Leadership |
Jamie Roeling | Head Of Customer Success (precisionlender) | Leadership |
Andrew Knapp | Director, Customer Success | Leadership |
Sugam Srivastava | Director - Delivery Management | Leadership |
Cary Bolduc | Sr. Director, Contract Operations | Leadership |
Kyle Joyner | Senior Vice President Of Sales | Leadership |
Joe Phalen | Vice President: Sales, Success, & Advisory | Leadership |
William Ferrell | Director, Bank Sales | Leadership |
Suzette Junier | VP Compliance | Leadership |
Ashley Lingerfeldt | Director Of Compliance | Leadership |
661 more people are available in the full profile.
Complete people profiles for Q2
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
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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.
- IPO date20 Mar 2014
- Listed onNYSE: QTWO
- Listed entityQ2 Holdings, Inc.
- Exchange sectorTechnology services
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.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Loan and deposit pricing management software is provided for banks. | precisionlender.com | Charlotte, United States | 2009 | Oct 2019 | $510M | |
A cloud-based lending platform is provided for financial institutions. | cloudlendinginc.com | Foster, United States | 2013 | Aug 2018 | $105M | |
Social media-leveraged personal financial management solutions are provided. | socialmoney.com | West Des Moines, United States | 2008 | Dec 2015 | $10.6M | |
Fraud and risk assessment solutions are delivered to financial institutions. | centrixsolutions.com | Lincoln, United States | 2000 | Jul 2015 | $20M |
Complete acquisition details for Q2
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
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Timeline of Q2
8 dated milestones of Q2 across 16 years, from founding to its latest funding, stage changes and deals.
- Founded Q2 is founded.
- Funding First funding round of $20.0M.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires Centrix Solutions.
- Acquisition Acquires Social Money.
- Acquisition Acquires Cloud Lending.
- Acquisition Acquires PrecisionLender.
- Funding Latest funding round, Post-IPO, of $350.0M.
Competitors of Q2
Q2 has 3 listed competitors in our database, 1 of them funded. They include Fiserv, NCR and Jack Henry.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| fiserv.com | 1984 | United States | 42,000 | Diversified financial solutions for business processing and management are provided. | ||
| ncr.com | 1884 | United States | $820M | 35,000 | Banking software suites are provided for financial institutions and banks. | |
| jackhenry.com | 1976 | Monett, United States | 7,120 | Banking and payments solutions are provided through a dedicated platform. |
Detailed competitors of Q2
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
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Web traffic of Q2
The website of Q2 (q2ebanking.com) receives about 134.6K visits a month.
- Monthly visits134.6K
▲ 19.1% vs previous month
Websites whose visitors overlap most with Q2. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| aciworldwide.com | 100% | 134.5K | #343,358 | View details | |
q2e.sharepoint.com | q2e.sharepoint.com | 88% | – | ||
| guardiananalytics.com | 85% | View details | |||
q2.force.com | q2.force.com | 79% | – | ||
| fiserv.com | 71% | 885.3K | #67,004 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 21 similar websites and full traffic analytics for Q2
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 21 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Banking & FinTech Platforms
3 companies that operate in the same segment as Q2 (Banking & FinTech Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online business banking and financial workflow tools are provided. | 2010 | San Francisco, California, United States | USD 546 M | USD 2.71 M | 1,807 | |
Digital banking services are offered to individuals via mobile apps. | 2012 | San Francisco, California, United States | USD 3.15 B | USD 1.96 B | 2,516 | |
Digital sustainable banking services are offered to consumers. | 2013 | Los Angeles, California, United States | USD 865 M | 237 |
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Related news about Q2
Complete news archive for Q2
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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 CEO of Q2, as recorded in our data. They have also founded this company.
Q2 is a funded company, having raised a total of $20M across 4 funding rounds to date. The company's 1st funding round was a Series C of $20M, raised on Mar 2013.
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 Fiserv, NCR and Jack Henry.
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.
Q2 operates through Q2 Software, Inc..
The website of Q2 receives about 135 thousand visits a month.