Quorum Software

Houston, United States Founded: 1998 • Age: 28 yrs Acquired By Thoma Bravo
Cloud-based platform for oilfield management in energy sector.

About Quorum Software

Quorum Software is a company based in Houston (United States) founded in 1998 was acquired by Thoma Bravo in August 2018. It operates as a SaaS (Software-as-a-Service) and Managed Services. Quorum Software has raised $1.67 million across 5 funding rounds from investors including SVB, Capital One and The Carlyle Group. The company has 305 employees. Quorum Software has completed 10 acquisitions, including Archeio Technologies, Coastalflow and Energy IQ. Quorum Software offers products and services including Quorum Energy Suite, Planning Space, FLOWCAL, Energy Components, and Upstream On Demand. Quorum Software operates in a competitive market with competitors including Workday, Visma, Deltek, Infor and SAP, among others.

  • Headquarter Houston, United States
  • Employees 305
  • Sectors
    Technology
    Energy & Utilities
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website quorumsoftware.com
  • Social LinkedIn X YouTube
  • Acquired by Thoma Bravo (Aug 2018)
  • Legal Name Quorum Business Solutions, Inc.
  • Date of Incorporation 05 Mar, 2021
  • Jurisdiction Pune, Maharashtra, India
Key Metrics
  • Annual Revenue
    ₹95.74 Cr

    FY 2025 · +21% YoY

  • Net Profit
    ₹7.03 Cr

    FY 2025 · 7% margin

  • EBITDA
    ₹13.42 Cr

    FY 2025 · 14% margin

  • Total Equity Funding
    $1.67M (USD)

    in 5 rounds

  • Investors
    SVB

    & 5 more

  • Employee Count
    305
  • Investments & Acquisitions
  • Acquired by
    Thoma Bravo

    & 1 more

    (Aug 2018)

Products & Services of Quorum Software

Quorum Software offers a comprehensive portfolio of products and services, including Quorum Energy Suite, Planning Space, FLOWCAL, Energy Components, and Upstream On Demand.

Quorum Energy Suite
Energy Software

Software suite for upstream and midstream energy workflows.

Planning Space
Upstream Software

Platform for upstream planning and petroleum economics integration.

FLOWCAL
Measurement Software

Solution for hydrocarbon measurement management and data integrity.

Energy Components
Operations Software

Management solution for hydrocarbon operations and compliance needs.

Upstream On Demand
Cloud Software

Cloud-based solution for integrated upstream operations workflows.

Apps and channels of Quorum Software

its YouTube channel Quorum Software has 558 subscribers and 30 videos.

Quorum Software
YouTube 558 subscribers 30 videos Science & Technology
Open channel

Videos from Quorum Software

The most watched videos on Quorum Software's YouTube channel, Quorum Software (558 subscribers). Click a video to play it here.

Quorum Software
2.4K views
Flywheel Energy Scales Operations with Upstream On Demand Land
143 views
Qnect Measurement | Houston, Texas
138 views
Case Study: Secure Energy Implementation of FLOWCAL
135 views

More on Quorum Software.

Funding Insights of Quorum Software

Quorum Software has successfully raised a total of $1.67M across 5 strategic funding rounds. 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 $1.67M
  • Total Rounds 5
  • First Round $1.67M

    (Oct 2008)

  • Investors Count 4

All 5 funding rounds of Quorum Software with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Feb 2019–Debt – Conventional––
–
Aug 2012$49MDebt – Conventional––
Jul 2010–Series A–The Carlyle Group, Riverstone Holdings
–
Jul 2010–Private Equity Round––
Oct 2008$1.67MUnspecified––
–
Valuation history

6 investors in total: 6 institutional.

Investors in Quorum Software

Quorum Software has secured backing from 6 investors, including institutional and venture fund investors. Prominent investors backing the company include SVB, Capital One and The Carlyle Group.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Private equity investments are directed toward multiple sectors.
1986carlyle.com-
Technology investing and private equity firm focused on partnerships.
–silverlake.com-
Software and technology-enabled services companies are targeted for investment.
1980thomabravo.comChicago, United States
Banking services are provided to innovative companies, investors, and individuals.
1983svb.comSanta Clara, United States
Provider of loans, credit cards, and savings services
1988capitalone.comMclean, United States
Asset management firm investing in energy, power, and infrastructure globally.
2000riverstonellc.comNew York, United States
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Investor details for Quorum Software

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Board of directors of Octaserv Technologies Private Limited (Quorum Software)

Octaserv Technologies Private Limited is the primary company behind Quorum Software. The board of Octaserv Technologies Private Limited currently have 3 directors; the longest-serving is George Claiborne Myers, appointed in 2022. 8 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
George Claiborne Myers
DIN 09467697
Director04 Mar 20224 yrs 7 moOctaserv Technologies Private Limited
Bharat Aswani
DIN 07680207
Director04 Mar 20224 yrs 7 moOctaserv Technologies Private Limited
Titiksha Mukherjee Rahul
DIN 08544289
Additional Director16 May 20224 yrs 4 moOctaserv Technologies Private Limited

People of Quorum Software

410 people are tracked at Quorum Software (71 in leadership, 339 in team); the tracked headcount is 305.

NameRoleGroup
Gene Austin
CEOLeadership
Dagfinn Rosnes
Senior Director Of Software EngineeringLeadership
Michael Foderetti
Sr. Vice President, Americas RevenueLeadership
Msc Viktorija Petronite
Lead Finance PartnerLeadership
Fatima Akhundova
Director Of FinanceLeadership
Corey House
Senior Vice President Of TechnologyLeadership
Flower Pledger
Senior Vice President, Midstream & MeasurementLeadership
Lindsey Herndon Goodgion
EVP & Chief Sales OfficerLeadership
Scott Golenternek
Senior Director Of Enterprise Customer Care OperationsLeadership
Aksel Hårstad
Senior Director Of Global SalesLeadership
David Williamson
Senior Vice President, EngineeringLeadership
Paul Douglas
Director, Global Client CareLeadership
Clay Myers
EVP & CFOLeadership
Giriraj Bagdi
Director FinanceLeadership
Andrew N.
Head Of Marketing And GTM Commercial OperationsLeadership
Paul Langenbahn
President And CEOLeadership
Anton Petrosyan
Senior Director, Product Management - Upstream And Renewable Energy ProductsLeadership
Jonathan Birkholz
Director Of EngineeringLeadership
Mansoor Faridi
Head, Governance, Risk & ComplianceLeadership
Zeb Qadri
Vp, IT Corporate Security & CISOLeadership

390 more people are available in the full profile.

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Complete people profiles for Quorum Software

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Financials of Quorum Software

Figures of Octaserv Technologies Private Limited, the primary company behind Quorum Software, for FY 2025. Revenue was ₹95.74 Cr (+21% year on year). Net profit was ₹7.03 Cr (7% margin). EBITDA was ₹13.42 Cr (14% margin). Revenue has grown at a compounded annual rate of +110% over three years.

  • ₹95.74 CrRevenue · FY 2025 · +21% YoY
  • ₹7.03 CrNet profit · 7% margin
  • ₹13.42 CrEBITDA · 14% margin
  • ₹18.15 CrPaid-up capital
  • 305Employees (provident fund records)
  • +110%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Octaserv Technologies Private Limited are on its company page.

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Detailed financial statements for Quorum Software

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Investments & Acquisitions by Quorum Software

Quorum Software has strategically engaged in corporate development activities, having acquired 10 companies. Notable acquisitions include Archeio Technologies, Coastalflow and Energy IQ.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Web-hosted SCADA systems are provided for oil and gas operations.
zdscada.com–0Mar 2025β€’β€’β€’β€’
Cloud-based document management is provided for E&P companies.
landdox.comHouston, United States2015Oct 2020β€’β€’β€’β€’
Data management solutions for the E&P industry are provided.
energyiq.infoLittleton, United States2007Feb 2020β€’β€’β€’β€’
Accounting software solutions for oil and gas are developed.
ogsys.comFort Worth, United States1982Aug 2019β€’β€’β€’β€’
SaaS solution for upstream oil & gas industry
archeio.comDallas, United States2014Jun 2019β€’β€’β€’β€’
Gas and liquids measurement data management systems are provided.
flowcal.comHouston, United States1998Feb 2019β€’β€’β€’β€’
Fluid flow measurement solutions and midstream data services are provided.
coastalflow.comHouston, United States1974Feb 2019β€’β€’β€’β€’
Oil and gas financial management software is developed.
entero.comCalgary, Canada1994Apr 2018β€’β€’β€’β€’
Cloud-based solutions for reporting and well data management
wellez.comHouston, United States2000Sep 2017β€’β€’β€’β€’
Field operations management solutions for oil and gas
fieldingsystems.comTampa, United States2009Mar 2015β€’β€’β€’β€’
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Complete acquisition details for Quorum Software

Acquired stakes, deal sources and the complete acquisition history require an active premium plan.

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  • Deal sources
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  • Exports

Verified entity values are shown only after access is granted.

Timeline of Quorum Software

15 dated milestones of Quorum Software across 27 years, from founding to its latest funding, stage changes and deals.

  1. Founded Quorum Software is founded.
  2. Funding First funding round of $1.7M.
  3. Exit Acquired by Silver Lake.
  4. Acquisition Acquires Fielding Systems.
  5. Acquisition Acquires WellEz.
  6. Acquisition Acquires Entero.
  7. Exit Acquired by Thoma Bravo.
  8. Funding Latest funding round, Debt – Conventional,.
  9. Acquisition Acquires Flow-Cal.
  10. Acquisition Acquires Coastalflow.
  11. Acquisition Acquires Archeio Technologies.
  12. Acquisition Acquires OGsys.
  13. Acquisition Acquires Energy IQ.
  14. Acquisition Acquires Landdox.
  15. Acquisition Acquires Zdscada.

Competitors of Quorum Software

Quorum Software 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 Workday, Visma, Deltek, Infor and SAP, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
workday.com2005Pleasanton, United States$352.3M11,805
Cloud-based HR and financial software is delivered to enterprises.
visma.com1996Oslo, Norway$198.09M–
Cloud-based ERP software is provided for business management across segments.
deltek.com1983Herndon, United States$107.08M1,574
Cloud-based ERP software is provided for project-driven organizations.
infor.com2002New York, United States$1.52B4,832
Cloud-based ERP software is offered for multiple industries.
sap.com1972Walldorf, Germany–109,973
Cloud and AI-based ERP software is offered for enterprises.
netsuite.com1998Redwood, United States$119.92M–
Cloud-based ERP software is delivered for multiple industries.
oracle.com1977Austin, United States–172
Hybrid cloud infrastructure solutions are delivered for business management.
i3verticals.com2012Nashville, United States$42.11M1,663
Payment processing solutions are provided for diverse business verticals.
totvs.com1983Sao Paulo, Brazil––
ERP solutions are provided for managing operations across industries.
aptean.com2012Alpharetta, United States$12.68M1,085
Cloud-based ERP software is delivered for diverse industries.
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Detailed competitors of Quorum Software

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Web traffic of Quorum Software

The website of Quorum Software (quorumsoftware.com) receives about 48.9K visits a month.

  • Monthly visits
    48.9K

    ▲ 21.1% vs previous month

Similar websites

Websites whose visitors overlap most with Quorum Software. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
tangoanalytics.com
100%
51K#516,135View details
pakenergy.com
71%
–#2,578,859View details
quorumfcu.org
58%
125.6K#264,501View details
chinimandi.com
58%
–#353,226View details
kpa.io
58%
53.2K#777,190View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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Verified entity values are shown only after access is granted.

Latest news on Quorum Software

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Similar companies to Quorum Software

10 companies that operate in the same segment as Quorum Software (Enterprise Resource Planning), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Cloud-based ERP software is offered for multiple industries.
1991Loughborough, England, United KingdomUSD 1.49 B––
Cloud-based HR and financial software is delivered to enterprises.
2005Pleasanton, California, United StatesUSD 352.3 MUSD 9.53 B20,400
Cloud-based ERP software is provided for business management across segments.
1996Oslo, Oslo, NorwayUSD 198.09 M––
Cloud-based software for K-12 education is provided.
1997Folsom, California, United StatesUSD 32 MUSD 47.59 M1,308
Cloud-based ERP software is provided for automotive and manufacturing sectors.
1972Austin, Texas, United StatesUSD 229.28 M–834
Cloud-based ERP software is provided for project-driven organizations.
1983Herndon, Virginia, United StatesUSD 107.08 M––
Cloud-based ERP software is offered for multiple industries.
2002New York, New York, United StatesUSD 1.52 B––
Online platform for preschool management and parent updates is offered.
2014San Francisco, California, United StatesUSD 88.8 M––
Cloud-based accounting and payroll solutions for small and medium businesses
1981United States–USD 4.54 M–
Cloud-based ERP software is delivered for multiple industries.
1998Redwood City, California, United StatesUSD 119.92 M––
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Frequently Asked Questions about Quorum Software

Quorum Software was founded in 1998 and raised its 1st funding round 10 years after it was founded.

Quorum Software is headquartered in Houston, United States. It is registered at Houston, Texas, United States.

Gene Austin is the current CEO of Quorum Software.

Quorum Software is a funded company, having raised a total of $1.67M across 5 funding rounds to date. The company's 1st funding round was a Unspecified of $1.67M, raised on Oct 2008.

Quorum Software has 305 employees.

The primary company behind Quorum Software, Octaserv Technologies Private Limited, reported revenue of β‚Ή95.74 Cr for FY 2025, up 21% year on year.

Quorum Software is established as a prominent provider of specialized software solutions for the energy sector, focusing on upstream and midstream operations. The companys Quorum Energy Suite is designed to streamline critical workflows, enhance performance, and deliver decision-ready data across the energy value chain. Solutions such as Planning Space, FLOWCAL, and Energy Components are tailored to address planning, measurement, and operational compliance needs for oil and gas companies. With a global presence, Quorum Software supports energy firms in maximizing gains and mitigating risks through integrated platforms and automation. Services and technical support are also provided to ensure optimal software investment outcomes for clients in diverse energy markets.

Quorum Software's top competitors include Workday, Visma and Deltek.

Quorum Software offers Quorum Energy Suite, Planning Space, FLOWCAL, Energy Components, and Upstream On Demand.

Quorum Software has made 10 acquisitions, including Archeio Technologies, Coastalflow, and Energy IQ.

Quorum Software has 6 investors. Key investors include SVB, Capital One, The Carlyle Group, Thoma Bravo, and Riverstone Holdings.

Quorum Software operates through Octaserv Technologies Private Limited.

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