Quantrix
Quantrix provides multi-dimensional financial and business modeling software for finance professionals and enterprises, replacing traditional spreadsheets with a proprietary calculation engine that handles billions of data points across cloud, desktop, and enterprise deployments.
- Company typePrivate
- Founded2003
- HeadquartersBoston, United States
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Quantrix does
Quantrix is a privately held multi-dimensional financial and business modeling software company headquartered in Boston, Massachusetts, operating for over 20 years under the legal entity Subx Inc. The company builds three core products — Quantrix Modeler (desktop application), Quantrix Qloud (cloud-based collaboration platform), and Quantrix Enterprise (enterprise-grade platform with private cloud deployment) — built on a proprietary multi-dimensional calculation engine capable of handling billions of linked data points across hundreds of interconnected models. The platform uses cell-independent logic and natural language formulas, replacing traditional spreadsheet-based approaches for complex financial modeling, scenario analysis, Monte-Carlo simulation, budgeting, and forecasting.
Quantrix monetizes through a mix of perpetual desktop licenses (Modeler), annual cloud subscriptions (Qloud), and custom-priced enterprise contracts (Enterprise), supplemented by professional services and training delivered through the Accelerator Program and a global partner network that includes Model Metrix, TRIN Partners, G3CFO, and Smart Modeling Solutions. The go-to-market is hybrid: enterprise direct sales for Fortune 500 and mid-market buyers, plus product-led growth channels (30-day free trials, online model apps, freemium Viewer) for smaller and individual users. The company serves more than 50,000 users across 1,200+ organizations, including financial institutions (Citibank, BNP Paribas, Validus, Mischler Financial), energy firms (EVN, ALPIQ, RAG), industrial enterprises (Johnson Controls, Litehouse Foods, Molymet), and academic institutions such as the University of Trento.
Quantrix has been a wholly-owned subsidiary of IDBS since 2017, and IDBS itself was acquired by Danaher Corporation in November 2017. The company operates as part of the Danaher family of brands, with documented international support (US and UK phone lines) and a global partner footprint. There are no disclosed external funding rounds; ownership is fully consolidated under the Danaher/IDBS corporate umbrella.
Quantrix firmographics
Firmographics- Name
- Quantrix
- Legal name
- Subx Inc
- Website
- https://quantrix.com
- Company type
- Private
- Founded year
- 2003
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Quantrix provides multi-dimensional financial and business modeling software for finance professionals and enterprises, replacing traditional spreadsheets with a proprietary calculation engine that handles billions of data points across cloud, desktop, and enterprise deployments.
- Ownership category
- akta.pro rank
Where Quantrix is headquartered
LocationHeadquarters
- HQ city
- Boston
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Quantrix business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure
Revenue model
- Software Licenses (Quantrix Modeler): Perpetual desktop software licenses for Quantrix Modeler with activation keycode registration. One-time license purchase with optional support.
- Cloud Subscriptions (Quantrix Qloud): Annual subscription service for Quantrix Qloud cloud collaboration platform with one-year registration keys. Provides secure sharing and collaboration capabilities.
- Enterprise Solutions (Quantrix Enterprise): Next-generation Enterprise modeling platform including private cloud deployment options for organizations requiring on-premise hosting behind their own firewalls.
- Professional Services and Training: Training programs, consulting services, and implementation support through the Accelerator Program and global partner network.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| One time/ perpetual license | Multi-year contract | Quantrix Modeler Desktop License |
| Subscription | Annual | Quantrix Qloud Subscription |
| Subscription | Annual | Quantrix Enterprise |
| Freemium | Pay-as-you-go | Free Trial and Viewer |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels9 records
Quantrix product offering
Product offeringCore offering
Quantrix develops and sells a multi-dimensional financial and business modeling software platform comprising three core products: Quantrix Modeler (desktop modeling application), Quantrix Qloud (cloud-based collaboration platform), and Quantrix Enterprise (enterprise-grade platform with version control and security). Its proprietary multi-dimensional calculation engine handles billions of linked data points across hundreds of models, replacing traditional spreadsheet-based processes for finance, FP&A, budgeting, forecasting, scenario analysis, and risk modeling.
Product overview
Quantrix is a multi-product business and financial modeling platform consisting of three core products: Quantrix Modeler (desktop application for multi-dimensional financial and business modeling), Quantrix Qloud (cloud-based collaboration and sharing platform), and Quantrix Enterprise (enterprise-grade modeling platform with advanced security and version control). The platform uses a cutting-edge multi-dimensional calculation engine capable of handling billions of data points, replacing traditional spreadsheet-based approaches with a scalable, next-generation financial modeling solution.
Differentiator
Problem solved
Functional benefit
Brands
- Quantrix Modeler: Award-winning multi-dimensional financial and business modeling application with cutting-edge calculation engine
- Quantrix Qloud
- Quantrix Enterprise
Products and services
- Quantrix Modeler
Quantifiable outcome
- Models can be built 10x faster than in Microsoft Excel (as reported by Litehouse Foods FP&A Analyst)
- +2 more outcomes
Companies that use Quantrix
Customer profileNamed customers22 records
Segments10 records
Ideal customer profiles3 records
Quantrix technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration3 records
Feature8 records
Quantrix partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered minor and core.
- G3CFO / Mark GandyminorG3CFO, led by Mark Gandy, provides Quantrix instructional content including articles and videos to help users understand introductory concepts and build knowledge foundations.
- TRIN PARTNERSminorTRIN PARTNERS, led by Frederic Caussarieu, helps SMEs make the right decisions by assisting customers in building financial models using Quantrix.
- IDBScoreIDBS is the parent company of Quantrix. Danaher Corporation acquired IDBS in 2017, making Quantrix part of the Danaher family of brands. This corporate parent relationship provides Quantrix with access to Danaher's global science and technology ecosystem.
- Smart Modeling SolutionscoreSmart Modeling Solutions partners with Quantrix to present the QUEST event series (QUEST 26), providing training and community building opportunities for Quantrix users.
- Model MetrixminorModel Metrix is a consulting partner developing model-based solutions leveraging Quantrix Modeler. Co-founded by David Philips, VP Sales, they provide specialized implementation services.
- Rich Lopez (Quantrix Authority)minorRich Lopez operates the Quantrix Authority YouTube channel with 300+ videos providing tutorials and modeling guidance. He is a former Director of Quantrix Professional Services and serves as a community advocate and trainer.
Scale indicators2 records
Recent moves6 records
Expansion highlights5 records
Quantrix competitors and assessment
Company assessmentDirect peers
- Board International: Unified decision-making platform combining BI, planning, and simulation in a single environment. Competes head-on in multi-dimensional financial modeling and scenario analysis.
- Anaplan: Cloud-native enterprise planning platform offering FP&A, sales planning, and multi-dimensional modeling. Most directly comparable to Quantrix in core enterprise use cases and architecture philosophy.
- Workday Adaptive Planning: Cloud-based FP&A and modeling solution acquired by Workday, widely deployed for budgeting, forecasting, and scenario planning. Direct competitor in enterprise financial modeling.
- Jedox: Enterprise performance management and planning platform with Excel-like UX and multi-dimensional modeling. Closely aligned with Quantrix's Excel-replacement positioning.
Emerging players
- Pigment: Venture-backed modern FP&A platform focused on business planning, scenario modeling, and integrated data. Targets the same mid-market and enterprise finance buyers as Quantrix.
- Vena Solutions: FP&A platform purpose-built on top of Excel/Microsoft 365, offering budgeting, forecasting, and reporting for mid-market finance teams. Competes for the same Excel-replacement buyer.
- Mosaic: Cloud-native FP&A platform for finance teams offering planning, reporting, and scenario analysis. Emerging alternative targeting spreadsheet-replacement budgets similar to Quantrix's value prop.
Broad incumbents
- Oracle Hyperion: Established on-premise EPM suite used by large enterprises for financial consolidation, planning, and reporting. A legacy competitor Quantrix displaces in modernization deals.
- SAP Analytics Cloud / SAP BPC: SAP's enterprise planning and analytics suite tightly integrated with the broader SAP ERP ecosystem. Broad incumbent competing for the same Fortune 500 FP&A buyers.
- IBM Planning Analytics: Enterprise planning solution (formerly TM1) offering multi-dimensional modeling and what-if analysis at large scale. A long-standing competitor to Quantrix in on-prem and hybrid enterprise deployments.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks7 records
Key highlights7 records
Customer concentration
Quantrix social profiles
Digital presenceQuantrix financial estimates
Financial estimateRevenue estimate
Valuation estimate
Quantrix leadership team
Management profileNumber of profiles
Profiles7 records
Quantrix funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Quantrix M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Quantrix
What does Quantrix do?
Quantrix develops and sells a multi-dimensional financial and business modeling software platform comprising three core products: Quantrix Modeler (desktop modeling application), Quantrix Qloud (cloud-based collaboration platform), and Quantrix Enterprise (enterprise-grade platform with version control and security). Its proprietary multi-dimensional calculation engine handles billions of linked data points across hundreds of models, replacing traditional spreadsheet-based processes for finance, FP&A, budgeting, forecasting, scenario analysis, and risk modeling.
Is Quantrix a public or private company?
Quantrix is a private company. It is classified as corporate owned and is currently operating.
When was Quantrix founded?
Quantrix was founded in 2003. It employs 11 to 50 people.
Where is Quantrix based?
Quantrix is headquartered in Boston, United States, in the North America region.
How does Quantrix make money?
Four revenue lines are on record. Software Licenses (Quantrix Modeler) is the primary driver. The others are cloud Subscriptions (Quantrix Qloud), enterprise Solutions (Quantrix Enterprise) and professional Services and Training.
Who are Quantrix's main competitors?
Direct peers on record are Board International, Anaplan, Workday Adaptive Planning and Jedox. Emerging players are Pigment, Vena Solutions and Mosaic. Broad incumbents are Oracle Hyperion, SAP Analytics Cloud / SAP BPC and IBM Planning Analytics.
Does Quantrix have an API?
Yes. Quantrix provides robust and powerful APIs that are used by leading organizations to customize the technology to suit their needs. Specific API type (REST, GraphQL, etc.), authentication methods, rate limits, and versioning details are not explicitly stated in the available source content.