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Valuation

$883.5M

2024 Revenue

$464M

Customers

800K

Funding

$971.4M

Avg ACV

$580

Team

1.4K

Profits

$1

Churn

5%

How Q2ebanking CEO Hank Seale grew Q2ebanking to $464M revenue and 800K customers in 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.

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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 by year$0$100M$200M$300M$400M$500M20042006200820102012201420162018202020222024$0$403M$464MSource: GetLatka.com
YearMilestone
2024Q2ebanking Hit $464m revenue in December 2024Source
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$250M$500M$750M$1B$1B2004200620082010201220142016201820202004 cumulative: $0 • 2004 Founded: $02007 cumulative: $10M • 2004 Founded: $0 • 2007 Series A: $10M @ $17M valuation2011 cumulative: $21M • 2004 Founded: $0 • 2007 Series A: $10M @ $17M valuation • 2011 Series B: $11M @ $121M valuation2013 cumulative: $41M • 2004 Founded: $0 • 2007 Series A: $10M @ $17M valuation • 2011 Series B: $11M @ $121M valuation • 2013 Series C: $20M @ $168M valuation2014 cumulative: $142M • 2004 Founded: $0 • 2007 Series A: $10M @ $17M valuation • 2011 Series B: $11M @ $121M valuation • 2013 Series C: $20M @ $168M valuation • 2014 Funding round: $101M @ $334M valuation2015 cumulative: $243M • 2004 Founded: $0 • 2007 Series A: $10M @ $17M valuation • 2011 Series B: $11M @ $121M valuation • 2013 Series C: $20M @ $168M valuation • 2014 Funding round: $101M @ $334M valuation • 2015 Funding round: $101M @ $614M valuation2015 cumulative: $340M • 2004 Founded: $0 • 2007 Series A: $10M @ $17M valuation • 2011 Series B: $11M @ $121M valuation • 2013 Series C: $20M @ $168M valuation • 2014 Funding round: $101M @ $334M valuation • 2015 Funding round: $101M @ $614M valuation • 2015 Funding round: $97M @ $884M valuation2019 cumulative: $656M • 2004 Founded: $0 • 2007 Series A: $10M @ $17M valuation • 2011 Series B: $11M @ $121M valuation • 2013 Series C: $20M @ $168M valuation • 2014 Funding round: $101M @ $334M valuation • 2015 Funding round: $101M @ $614M valuation • 2015 Funding round: $97M @ $884M valuation • 2019 Funding round: $316M2020 cumulative: $971M • 2004 Founded: $0 • 2007 Series A: $10M @ $17M valuation • 2011 Series B: $11M @ $121M valuation • 2013 Series C: $20M @ $168M valuation • 2014 Funding round: $101M @ $334M valuation • 2015 Funding round: $101M @ $614M valuation • 2015 Funding round: $97M @ $884M valuation • 2019 Funding round: $316M • 2020 Funding round: $315M$971M2004 Founded: $0 valuation2007 Series A: $17M valuation2011 Series B: $121M valuation2013 Series C: $168M valuation2014 Funding round: $334M valuation2015 Funding round: $614M valuation2015 Funding round: $884M valuation$884MSource: GetLatka.com
YearRoundAmountValuation% Sold
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%

Q2ebanking Employees & Team Size

Q2ebanking employs approximately 1.4K people as of 2026, down from 1.7K in 2021.

Q2ebanking has 1.4K total employees in different roles and functions and 2 sales reps that carry a quota. They have 800K customers that rely on the company's solutions.

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

Founder / CEO

Hank Seale

Hank Seale is listed as Founder / CEO at Q2ebanking.

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Customers

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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.

How many employees does Q2ebanking have?

Q2ebanking has 1.4K employees.

Where is Q2ebanking headquarters?

Q2ebanking is headquartered in Austin, Texas, United States.

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Compare Q2ebanking to the industry

Q2ebanking operates across multiple industries. Browse revenue, funding, and growth data for Q2ebanking in each sector below.

Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .