2024 Revenue
$75M
Customers
100K
Funding
$27M
YOY
25.1%
Avg ACV
$750
Team
382
Founded
2012
How mQuality CEO Sundeep Ravande grew mQuality to $75M revenue and 100K customers 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.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | mQuality Hit $75m revenue in November 2024 | |
| 2024 | mQuality Hit $71.5m revenue in October 2024 | |
| 2023 | mQuality Hit $59.9m revenue in December 2023 | |
| 2021 | mQuality Hit $13.7m revenue in April 2021 | |
| 2012 | Launched 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 round in 2022.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|---|---|---|---|---|
| 2022 | Venture Round | $3.5M | - | - | |
| 2021 | Venture Round | $5.7M | - | - | |
| 2019 | Series A | $16.3M | - | - | |
| 2017 | Venture Round | $1.5M | - | - |
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
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.
| Year | Milestone |
|---|---|
| 2024 | Reached 382 employees (December 2024) |
| 2024 | Reached 326 employees (October 2024) |
| 2023 | Reached 326 employees (September 2023) |
| 2023 | Reached 333 employees (January 2023) |
| 2022 | Reached 273 employees (June 2022) |
| 2022 | Reached 294 employees (January 2022) |
| 2021 | Reached 226 employees (August 2021) |
| 2021 | Reached 217 employees (April 2021) |
Frequently Asked Questions about mQuality
What is mQuality's revenue?
mQuality generates $75M in revenue.
Who founded mQuality?
mQuality was founded by Sundeep Ravande.
Who is the CEO of mQuality?
The CEO of mQuality is Sundeep Ravande.
How much funding does mQuality have?
mQuality raised $27M.
How many employees does mQuality have?
mQuality has 382 employees.
Where is mQuality headquarters?
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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