QRails: Funding, Investors & Team (Oct 2026)
QRails enables payroll service providers, fintech, banks, insurance companies, and other financial services businesses in North America and Europe to deploy innovative payment solutions. QRails clients benefit from purpose-built technology offering secure and flexible APIs as well as easy access to an expert team committed to delivering responsive customer service. QRails solution is the world’s first vertically integrated provider of on-demand payment solutions. Founded in 2016, QRails, Inc., together with its subsidiary QRails, Ltd., is privately held by a group of industry leaders and leading investors.
QRails has raised $16.2M across 2 funding rounds on record, the most recent an undisclosed round of $8.2M announced in Aug 2022.
That round is below the $15M median round size for Financial Services companies tracked on FundedIQ over the last two years.
QRails Company Profile and Key Stats
Latest funding round on record: Aug 2022.
QRails Funding Rounds
QRails raised $8.0M in an undisclosed round announced in Mar 2020.
2.4 years later, an undisclosed round of $8.2M was announced in Aug 2022.
QRails Founders and Leadership Team
Contact details for the QRails team: 2 of 2 have an email address on file.
Start 14-day free trial →QRails Funding Compared to Other Financial Services Startups
QRails' latest round of $8.2M is below the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.
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QRails Funding FAQs
What does QRails do?
QRails enables payroll service providers, fintech, banks, insurance companies, and other financial services businesses in North America and Europe to deploy innovative payment solutions. QRails clients benefit from purpose-built technology offering secure and flexible APIs as well as easy access to an expert team committed to delivering responsive customer service. QRails solution is the world’s first vertically integrated provider of on-demand payment solutions. Founded in 2016, QRails, Inc., together with its subsidiary QRails, Ltd., is privately held by a group of industry leaders and leading investors.
How much funding has QRails raised?
QRails has raised $16.2M across 2 rounds on record. The most recent is an undisclosed round of $8.2M announced in Aug 2022.
When did QRails last raise funding?
QRails' most recent funding round on record is an undisclosed round of $8.2M, announced in Aug 2022.
Who founded QRails?
FundedIQ lists Laurence Molke (Founder) at QRails.
Who is the CEO of QRails?
Gerard Griffin is listed as CEO at QRails.
Where is QRails headquartered?
QRails is based in Denver, Colorado, United States.
How many employees does QRails have?
QRails is in the 51-100 employee band.
How does QRails' funding compare to other Financial Services startups?
QRails' latest round of $8.2M is below the $15M median round size for Financial Services companies on FundedIQ across 5,751 tracked companies over the last two years.
About FundedIQ's QRails Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for QRails is left off this page rather than filled in.
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