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 as of April 07, 2024. 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 as on 07 Apr, 2024
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Sectors
TechnologyEnergy & Utilities
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Email
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Phone
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Website
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Social
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- Legal Name Quorum Business Solutions, Inc.
- Date of Incorporation 05 Mar, 2021
- Jurisdiction Pune, Maharashtra, India
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$1.67 M (USD)
in 5 rounds
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Latest Funding Round
Not available
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Investors
SVB
& 5 more
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Employee Count
305
as on Apr 07, 2024
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Investments & Acquisitions
Archeio Technologies
& 9 more
- Acquired by
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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.
Software suite for upstream and midstream energy workflows.
Platform for upstream planning and petroleum economics integration.
Solution for hydrocarbon measurement management and data integrity.
Management solution for hydrocarbon operations and compliance needs.
Cloud-based solution for integrated upstream operations workflows.
People of Quorum Software
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Software Development Team
187 people
Senior Team
43 people
Leadership Team
28 people
Sales and Marketing
19 people
Finance and Accounting
19 people
Product Management Team
16 people
Lead Team
14 people
Operations Team
14 people
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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.
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.
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Private equity investments are directed toward multiple sectors.
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Technology investing and private equity firm focused on partnerships.
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Software and technology-enabled services companies are targeted for investment.
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Investor details for Quorum Software
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Verified entity values are shown only after access is granted.
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.
Investment portfolio details for Quorum Software
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
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Cloud-based document management is provided for E&P companies.
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SaaS solution for upstream oil & gas industry
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Field operations management solutions for oil and gas
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Locked | Locked | 2009 | Locked |
Complete acquisition details for Quorum Software
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- Acquired stakes
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- Domains and locations
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Financial Statements - Quorum Software
Detailed financials for Quorum Software
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Quorum Software Comparisons
Peer comparison for Quorum Software
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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.
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Cloud-based HR and financial software is delivered to enterprises.
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Cloud-based ERP software is provided for business management across segments.
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Cloud-based ERP software is provided for project-driven organizations.
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Cloud-based ERP software is offered for multiple industries.
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Cloud and AI-based ERP software is offered for enterprises.
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Cloud-based ERP software is delivered for multiple industries.
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Detailed competitors of Quorum Software
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- Domains and locations
- Full company profiles
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Latest news on Quorum Software
Complete news archive for Quorum Software
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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 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.
As of Apr 07, 2024, the latest employee count at Quorum Software is 305.
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 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.