QRails Overview

  • Year Founded
  • 2016

Year Founded

  • Status
  • Acquired/​Merged

  • Employees
  • 24

Employees

  • Latest Deal Type
  • M&A

  • Latest Deal Amount
  • $9.2M

QRails General Information

Description

Developer of a payment processing platform designed to make onboarding and integrate with third-party applications. The company's platform is built upon an open architecture, is virtualized, and runs upon a cloud-based network offering scalability, redundancy, and security that protects data, enabling payroll service providers, fintech, banks, insurance companies, and other financial services businesses to deploy innovative payment alternatives.

Contact Information

Website
www.qrails.com
Formerly Known As
Quantum Rails Services
Ownership Status
Acquired/Merged
(Operating Subsidiary)
Financing Status
Formerly VC-backed
Corporate Office
  • P.O. Box 3237
  • Denver, CO 80202
  • United States
+1 (877)
Primary Industry
Financial Software
Other Industries
Other Financial Services
Parent Company
XTM
Vertical(s)
SaaS, FinTech, Mobile
Corporate Office
  • P.O. Box 3237
  • Denver, CO 80202
  • United States
+1 (877)

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QRails Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
8. Merger/Acquisition 18-Aug-2023 $9.2M Completed Generating Revenue
7. Later Stage VC 12-Jan-2023 Completed Generating Revenue
6. Later Stage VC (Series A2) 12-Aug-2022 Completed Generating Revenue
5. Later Stage VC 30-Dec-2021 Completed Generating Revenue
4. Early Stage VC (Series A) 09-Mar-2020 Completed Generating Revenue
3. Early Stage VC 01-Nov-2019 Completed Generating Revenue
2. Early Stage VC 30-Aug-2018 $7M $8.84M Completed Generating Revenue
1. Seed Round 15-Feb-2017 $1.84M $1.84M Completed Generating Revenue
To view QRails’s complete valuation and funding history, request access »

QRails Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a payment processing platform designed to make onboarding and integrate with third-party applications. The
Financial Software
Denver, CO
24 As of 2025

Chicago, IL
 

New York, NY
 
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QRails Competitors (78)

One of QRails’s 78 competitors is Payline Data, a Formerly PE-Backed company based in Chicago, IL.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Payline Data Formerly PE-Backed Chicago, IL
Boost Payment Solutions Venture Capital-Backed New York, NY
Dwolla Venture Capital-Backed Des Moines, IA
Marqeta Formerly VC-backed Oakland, CA
Carta Worldwide Formerly PE-Backed Toronto, Canada
You’re viewing 5 of 78 competitors. Get the full list »

QRails Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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QRails Former Investors (6)

Investor Name Investor Type Holding Investor Since Participating Rounds
Adfisco Venture Capital Minority
EFM Asset Management Asset Manager Minority
Angel (individual) Minority
Angel (individual) Minority
Kawn Ventures Venture Capital Minority
You’re viewing 5 of 6 investors. Get the full list »

QRails Acquisitions (1)

QRails’s most recent deal was a Merger/Acquisition with Rete+Pay. The deal was made on 27-Feb-2019.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Rete+Pay 27-Feb-2019 Merger/Acquisition Financial Software
To view QRails’s complete acquisitions history, request access »

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QRails FAQs

  • When was QRails founded?

    QRails was founded in 2016.

  • Where is QRails headquartered?

    QRails is headquartered in Denver, CO.

  • What is the size of QRails?

    QRails has 24 total employees.

  • What industry is QRails in?

    QRails’s primary industry is Financial Software.

  • Is QRails a private or public company?

    QRails is a Private company.

  • What is the current valuation of QRails?

    The current valuation of QRails is .

  • What is QRails’s current revenue?

    The current revenue for QRails is .

  • How much funding has QRails raised over time?

    QRails has raised $149M.

  • Who are QRails’s investors?

    Adfisco, EFM Asset Management, , , and Kawn Ventures are 5 of 6 investors who have invested in QRails.

  • Who are QRails’s competitors?

    Payline Data, Boost Payment Solutions, Dwolla, Marqeta, and Carta Worldwide are some of the 78 competitors of QRails.

  • When was QRails acquired?

    QRails was acquired on 18-Aug-2023.

  • Who acquired QRails?

    QRails was acquired by XTM.

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