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2024 Revenue

$75M

Customers

100K

Funding

$27M

Avg ACV

$750

Team

382

Founded

2012

mQuality Revenue & Funding (2024)

mQuality generated $75M in revenue in 2024.

mQuality, an SAP certified app enables quality managers to create SAP quality notifications in real-time by capturing product defect details and images using a mobile device.

Last updated

mQuality Revenue

In 2024, mQuality's revenue reached $75M. The company previously reported $71.5M in 2024. Since its launch in 2012, mQuality has shown consistent revenue growth.

mQuality Revenue GrowthReported revenue / ARR over time$0$20M$40M$60M$80M2012201420162018202020222024$0$13.7M$59.9M$75MSource: GetLatka.com
YearMilestoneSource
2024mQuality Hit $75m revenue in November 2024Not recorded
2024mQuality Hit $71.5m revenue in October 2024Estimated
2023mQuality Hit $59.9m revenue in December 2023Estimated
2021mQuality Hit $13.7m revenue in April 2021Not recorded
2012Launched with $0 revenue

mQuality Valuation, Funding Rounds

mQuality has not publicly disclosed its valuation. The company has raised $27M in total funding to date.

mQuality has raised $27M in total funding across 4 rounds, most recently a $3.5M Venture round in 2022.

mQuality Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$6M$0.4$12M$0.6$18M$0.8$24M$1$30M201220142016201820202022Source: GetLatka.com
YearRoundAmountValuation% SoldSource
2022Venture$3.5M--Not recorded
2021Venture$5.7M--Not recorded
2019Series A$16.3M--Not recorded
2017Venture$1.5M--Not recorded

Customers

mQuality serves 100K customers.

mQuality Employees & Team Size

mQuality employs approximately 382 people as of 2026, up from 326 in 2023, including 13 sales reps that carry a quota. It serves 100K customers that rely on its solutions.

mQuality Team GrowthReported headcount over time0100200300400500201220142016201820202022202400382382Source: GetLatka.com
YearMilestoneSource
2024Reached 382 employees (December 2024)Not recorded
2024Reached 326 employees (October 2024)Not recorded
2023Reached 326 employees (September 2023)Not recorded
2023Reached 333 employees (January 2023)Not recorded
2022Reached 273 employees (June 2022)Not recorded
2022Reached 294 employees (January 2022)Not recorded
2021Reached 226 employees (August 2021)Not recorded
2021Reached 217 employees (April 2021)Not recorded

Frequently Asked Questions about mQuality

What is mQuality's revenue?

As of 2024, mQuality generated $75M in revenue.

Who founded mQuality?

mQuality was founded by Sundeep Ravande.

When was mQuality founded?

mQuality was founded in 2012.

Who is the CEO of mQuality?

The CEO of mQuality is Sundeep Ravande.

How much funding does mQuality have?

mQuality raised $27M across 4 rounds.

How many employees does mQuality have?

As of 2024, mQuality had 382 employees.

Where is mQuality headquartered?

mQuality is headquartered in Houston, Texas, United States.

Compare mQuality to the industry

mQuality operates across multiple industries. Browse revenue, funding, and growth data for mQuality in each sector below.

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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