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Q2ebanking

Austin, Texas, United States

Valuation

$883.5M

2024 Revenue

$464M

Customers

800K

Funding

$971.4M

Avg ACV

$580

Team

1.4K

Founded

2004

Q2ebanking Revenue, Valuation & Funding (2024)

Q2 Holdings Inc. is a provider of cloud-based virtual banking solutions for regional financial institutions to deliver mobile banking services to retail and commercial end-users who wish to bank anywhere and anytime. Its solutions operate on an integrated tablet-first platform which provides financial institutions a comprehensive view of account holder activity, and meets the regulatory and security requirements applicable to the industry. The firm generates revenue from subscription-based arrangements for software offerings, typically for five years. A large majority of the firm's revenue is generated in the United States. The company continues to grow by making periodic small acquisitions.

Last updated

Q2ebanking Revenue

In 2024, Q2ebanking's revenue reached $464M. The company previously reported $402.8M in 2020. Since its launch in 2004, Q2ebanking has shown consistent revenue growth.

Q2ebanking Revenue GrowthReported revenue / ARR over time$0$100M$200M$300M$400M$500M20042006200820102012201420162018202020222024$0$402.8M$464MSource: GetLatka.com
YearMilestoneSource
2024Q2ebanking Hit $464m revenue in December 2024d18rn0p25nwr6d.cloudfront.net
2020Q2ebanking Hit $402.8m revenue in December 2020
2019Q2ebanking Hit $315.5m revenue in December 2019
2004Launched with $0 revenue

Q2ebanking Valuation, Funding Rounds

Q2ebanking reached a $883.5M valuation in 2015.

Q2ebanking has raised $971.4M in total funding across 8 rounds, with its most recent round in 2020.

Q2ebanking Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$200M$250M$400M$500M$600M$750M$800M$1B$1B$1.3B200420062008201020122014201620182020$883.5MSource: GetLatka.com
YearRoundAmountValuation% SoldSource
2020Funding round$315M--
2019Funding round$316.3M--
2015Funding round$96.9M$883.5M11%
2015Funding round$101.2M$613.7M16%
2014Funding round$100.9M$334.1M30%
2013Series C$20M$167.8M12%
2011Series B$11M$121.2M9%
2007Series A$10.2M$16.8M61%

Founder / CEO

Hank Seale

CEO

Hank Seale is listed as CEO at Q2ebanking.

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Customers

Q2ebanking serves 800K customers.

Q2ebanking Employees & Team Size

Q2ebanking employs approximately 1.4K people as of 2026, down from 1.7K in 2021, including 2 sales reps that carry a quota. It serves 800K customers that rely on its solutions.

Q2ebanking Team GrowthReported headcount over time04008001,2001,6002,00020042006200820102012201420162018202020222024001,6631,6631,4301,430Source: GetLatka.com
YearMilestoneSource
2024Reached 1.4K employees (December 2024)
2021Reached 1.7K employees (April 2021)

Frequently Asked Questions about Q2ebanking

What is Q2ebanking's revenue?

Q2ebanking generates $464M in revenue.

Who founded Q2ebanking?

Q2ebanking was founded by Hank Seale.

Who is the CEO of Q2ebanking?

The CEO of Q2ebanking is Hank Seale.

How much funding does Q2ebanking have?

Q2ebanking raised $971.4M across 8 rounds.

How many employees does Q2ebanking have?

Q2ebanking has 1.4K employees.

Where is Q2ebanking headquarters?

Q2ebanking is headquartered in Austin, Texas, United States.

Compare Q2ebanking to the industry

Q2ebanking operates across multiple industries. Browse revenue, funding, and growth data for Q2ebanking 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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