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Qumas
QUMAS delivers a closed-loop compliance model that standardizes and integrates the common elements of compliance tasks
About Qumas
Qumas, established in 1991 in Cork, Ireland, provides enterprise compliance management software solutions tailored for highly regulated industries, with a primary focus on the life sciences sector. The company was founded with Kevin O'Leary as a key founding member, who later became CEO in 2007. O'Leary, with a background in Computer Science and Industrial Management, was integral to the design of the company's first product and steered its growth, including its expansion into the United States in the 1990s. A significant milestone in the company's history was its acquisition by Accelrys in December 2013 for approximately $50 million. Subsequently, in 2014, Dassault Systèmes acquired Accelrys and integrated its activities to create the new brand, BIOVIA, which now includes the Qumas portfolio.
The firm's core business revolves around providing a comprehensive, cloud-based Quality Management System (QMS) that helps pharmaceutical, biotech, and medical device companies adhere to stringent global regulations, such as those from the FDA, EMA, and PMDA. Revenue is generated through the sale of its software, which can be deployed on-premises or in the cloud. The BIOVIA QUMAS platform offers an integrated suite of tools for managing the entire quality and compliance lifecycle. This includes the QUMAS EDMS (Electronic Document Management System) for content management and the QUMAS EQMS (Enterprise Quality Management System) for process management. Key features of the platform include document control, automated audit management, change control, deviation tracking, and management of Corrective and Preventive Actions (CAPA). The system ensures data integrity through electronic signatures and comprehensive audit trails, which are compliant with regulations like FDA 21 CFR Part 11. By centralizing all compliance-related content and processes into a single interface, the platform reduces the need for multiple point solutions, streamlines operations, and improves audit readiness.
Source: Dealroom company dataAt a glance
- Status
- Acquired
- Founded
- 1991
- Headquarters
- Jersey City, United States
- Employees
- 33
- Open positions
- None listed
- Dealroom signal
- 71.1/100
- Industry
- Fintech
- Sub-industry
- Financial Management Solutions
- Sector
- Fintech, Testing, Medical Technology, Verification, Data Analytics, Content Management, Health, Search Engine, Compliance, On-Demand, Biotechnology
- Business model
- SaaS
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITION✓Exit | Dec 2013 | $50M | $50M | Accelrys | — |
| SERIES B✓Equity / VC | May 2005 | $10M | $40M | General Catalyst · Fidelity Ventures | — |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Qumas is 120 monthly website visits, down 66.7% over the last three months. Qumas's team grew 3.1% over the past year.
Similar companies
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A7 investors entered at this stage
Kleiner Perkins
Avalon Ventures
IVP
Eight Roads Ventures
Act Venture Capital
General Catalyst- FVFidelity Ventures
Other known investors2 additional known investors
Accelrys
Kernel Capital
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Qumas on X, ranked by likes and reposts, corporate channels excluded.
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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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