Soraco Technologies
Soraco Technologies develops Quick License Manager (QLM), a software licensing and protection platform for independent software vendors, offering asymmetric license keys, cross-platform activation, subscription management, and eCommerce integrations.
- Company typePrivate
- Founded2002
- HeadquartersMontréal, Canada
- Headcount1–10
- GTM typeB2B
- OfferingSoftware
What Soraco Technologies does
Soraco Technologies, founded in 2002 and headquartered in Montréal, Canada, develops Quick License Manager (QLM), an end-to-end software licensing and protection platform sold primarily to independent software vendors and software publishers. The platform generates secure asymmetric license keys bound to specific hardware, supports online and offline activation, manages perpetual, trial, and subscription license models, and provides node-locked or floating license enforcement across Windows, Linux, Mac, Android, and iOS applications and productivity tools such as Excel add-ins, MS-Access, Office add-ins, SharePoint apps, and PDF documents. Underlying technology includes a multi-language SDK (C#, VB.NET, Java, Python, JavaScript, Delphi, C++ and others), a License Server component deployable on-premise or hosted on Microsoft Azure, and a customer-facing portal with role-based access control. As of QLM v18 (2023), all products are sold on a subscription basis; pricing for QLM Express, Professional, and Enterprise editions is not publicly disclosed, while add-on modules are priced at low monthly or annual rates (e.g., Customer User Account from $10/month, SDK Protection from $315/month, License Server Hosting at $120/year). The company employs 1-10 people, is privately held with no disclosed funding, and operates a product-led growth motion supplemented by enterprise field sales and a broad channel of 20+ eCommerce integration partners including WooCommerce, PayPal, Stripe, FastSpring, Shopify, and Magento. The company has no public ownership structure, no disclosed revenue, and no named institutional investors.
Soraco Technologies firmographics
Firmographics- Name
- Soraco Technologies
- Legal name
- Soraco Technologies
- Website
- https://soraco.co
- Company type
- Private
- Founded year
- 2002
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Soraco Technologies develops Quick License Manager (QLM), a software licensing and protection platform for independent software vendors, offering asymmetric license keys, cross-platform activation, subscription management, and eCommerce integrations.
- Ownership category
- akta.pro rank
Soraco Technologies industry classification
Industry- Product category
- Software License Management
- NAICS
- Software Publishers (513210)
- SIC
- Services-Prepackaged Software (7372)
- akta.pro primary industry
- Enterprise Application License Advisory, Vendor Management & Optimization (BPAEAGAO)
Keywords
Where Soraco Technologies is headquartered
LocationHeadquarters
- HQ city
- Montréal
- HQ country
- Canada
- HQ region
- North America
Markets served
Soraco Technologies business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Infrastructure, Marketing or Sales, Operations
Revenue model
- QLM Software Licenses: Sale of Quick License Manager software in Express, Professional, and Enterprise editions. Perpetual licenses with optional yearly maintenance plan for upgrades and support. As of QLM v18, all products sold on subscription basis.
- Support Incidents: Support incident for single well-defined issue with maximum 1 hour. Additional time charged at $195/hour. Provides technical assistance beyond included support.
- License Server Hosting: Hosted QLM License Server and database on Soraco's server. Includes daily backup, disaster recovery replication, maintenance and upgrades. Priced at $120/year for custom IP/certificate and additional URL options.
- QLM SDK Protection Subscription: Subscription license for protecting SDKs with QLM. Site license for unlimited SDKs within organization. Priced from $315/month, royalty free.
- QLM Customer User Account: Customer portal subscription for end customers to manage their licenses. Priced from $10/month.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Support Incident - $195 per incident |
| Subscription | Annual | License Server Hosting - $120/year |
| Subscription | Monthly | QLM SDK Protection - from $315/month |
| Subscription | Monthly | QLM Customer User Account - from $10/month |
| Subscription | Annual | QLM Express/Pro/Enterprise Editions |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels7 records
Soraco Technologies product offering
Product offeringCore offering
Soraco Technologies develops and sells Quick License Manager (QLM), a software protection and licensing platform that enables software publishers to generate, validate, activate, and manage license keys for desktop, web, and mobile applications. The platform supports online and offline activation, eCommerce integration with 20+ payment providers, and multiple license models including perpetual, trial, and subscription. QLM is offered in Express, Professional, and Enterprise editions, complemented by a hosted License Server, web-based QLM Portal, mobile apps, and SDK/Document protection add-ons.
Product overview
Soraco Technologies offers Quick License Manager (QLM), a unified software protection and licensing platform. The core product includes three editions: Express (entry-level), Professional (mid-tier with eCommerce integrations and email notifications), and Enterprise (full-featured with floating licenses and analytics). These editions share common capabilities including secure asymmetric license keys, online/offline activation, subscription and trial license models, and support for multiple programming languages. Add-on modules extend the platform including QLM License Server (self-hosted or Soraco-hosted), QLM Portal for administrators, QLM Customer Portal for end-users, QLM Mobile App for iOS/Android, QLM Self Help for offline activation, QLM License Wizard for branded activation UI, QLM Agent Service, QLM Document Protection, QLM SDK Protection, floating license options (on-premise and cloud), and integration extensions for PayPal, Stripe, and customer account management. Support services include paid Support Incidents at $195 per incident.
Differentiator
Problem solved
Functional benefit
Brands
- Quick License Manager (QLM): The company's primary software product offering for end-to-end license protection and management for software applications.
Products and services
- Quick License Manager (QLM) End-to-end software protection and licensing platform providing secure asymmetric license keys, online/offline activation, subscription management, and eCommerce integration for desktop, web, and mobile applications. Targets software publishers and developers.
- QLM Express Entry-level QLM edition providing basic license key generation, validation, and protection features for single-system deployments. Targeted at small developers and individual software publishers.
- QLM Professional Mid-tier QLM edition with advanced features including eCommerce integrations, email notifications, scheduled tasks, and License Server support. Designed for growing software businesses.
- QLM Enterprise Full-featured QLM edition with all Professional features plus floating licenses, cloud floating licenses, analytics, webhooks, and multi-user portal access. Targets larger software publishers.
- QLM License Server Hosting Soraco-hosted License Server and database service with daily backups, disaster recovery replication, SSL encryption, and ongoing maintenance. Priced at $120/year. Allows customers to offload license server infrastructure.
- QLM Mobile App Mobile application for iOS and Android that enables software publishers to manage license keys, track orders, and look up customers on-the-go. Available on App Store and Google Play.
- QLM SDK Protection Add-on for protecting SDKs and libraries rather than standalone applications. Site license allows unlimited SDK products within an organization. Subscription-based pricing from $315/month, royalty free.
- QLM Document Protection License protection module for PDF documents that prevents unauthorized access and usage, enabling PDF vendors to enforce licensing.
- Soraco Support Incident Paid technical support service priced at $195 per incident for a single well-defined issue, maximum 1 hour. Additional time billed at $195/hour. Provides technical assistance beyond included support.
Companies that use Soraco Technologies
Customer profileSegments3 records
Ideal customer profiles3 records
Soraco Technologies technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration26 records
Feature12 records
Soraco Technologies partnerships and signals
Strategic signalPartnerships
18 partnerships are on record, tiered core and secondary.
- WooCommercecoreE-commerce integration partner. QLM integrates seamlessly with WooCommerce ordering process and automatically issues license keys when purchase is made online.
- PayPalcoreE-commerce integration partner. QLM integrates with PayPal for payment processing and automated license key delivery upon purchase completion.
- Stripe CheckoutcoreE-commerce integration partner. QLM integrates with Stripe Checkout for secure payment processing and automated license delivery.
- FastSpringcoreE-commerce integration partner providing complete order management and automated license key fulfillment. Deep integration with subscription-based products.
- ShopifycoreE-commerce integration partner. QLM integrates with Shopify for automated license key delivery upon purchase.
- BlueSnapsecondaryE-commerce integration partner. QLM integrates with BlueSnap for global payment processing and license key automation.
- ChargifysecondaryE-commerce integration partner specializing in subscription billing. QLM integrates for automated subscription license management.
- HubSpotsecondaryCRM integration partner. QLM integrates with HubSpot for contact creation and deal creation workflows.
- CleverbridgesecondaryE-commerce integration partner for software monetization. QLM integrates for automated license delivery.
- 2Checkout (Avangate)secondaryE-commerce integration partner. QLM integrates with 2Checkout/Avangate for digital commerce and license automation.
- MyCommerce (Shareit)secondaryE-commerce integration partner. QLM integrates with MyCommerce for software commerce and license key delivery.
- UltraCartsecondaryE-commerce integration partner. QLM integrates with UltraCart shopping cart for automated license fulfillment.
- QuickBookssecondaryAccounting integration partner. QLM QuickBooks integration enables financial data synchronization.
- SalesforcesecondaryCRM integration partner. QLM integrates with Salesforce to automatically create licenses when orders are activated.
- MailChimpsecondaryEmail marketing integration partner. QLM integrates with MailChimp for email campaign automation related to licensing and renewals.
- ZapiersecondaryAutomation integration partner. QLM Zapier app enables connecting licensing workflows with 5000+ apps for automated triggers.
- MagentosecondaryE-commerce integration partner. QLM integrates with Magento for automated license key delivery.
- Microsoft AzurecoreCloud infrastructure partner. QLM License Server can be installed on Microsoft Azure. QLM v20+ includes Azure integration for cloud deployment.
Scale indicators1 record
Recent moves6 records
Expansion highlights6 records
Soraco Technologies competitors and assessment
Company assessmentDirect peers
- LicenseSpring: LicenseSpring is a software licensing platform focused on SaaS-style license management with online/offline activation, hardware binding, and eCommerce integrations — directly comparable to QLM's positioning for software publishers.
- Nalpeiron: Nalpeiron offers a hosted licensing service (ZLM) for Windows, Mac, and Linux with online activation and analytics — a direct competitor in the same software licensing/protection niche.
- SoftwareKey: SoftwareKey (formerly SoftwareKey Protection! / Instant Protection) offers SOLO Server-based license management with hardware activation, eCommerce integration, and reseller portals — closely overlapping Soraco's QLM Enterprise feature set.
- Infralution: Infralution provides .NET and cross-platform license protection with hardware binding and online activation — a smaller direct peer serving similar software publisher use cases.
- Cryptlex: Cryptlex provides a software licensing and protection SaaS platform targeting independent software vendors with node-locked, floating, and cloud-based licensing — directly overlapping Soraco's QLM target customer and feature set.
- Reprise Software: Reprise License Manager (RLM) is a direct competitor offering software license management with floating, node-locked, and subscription license models, served by an established vendor with comparable cross-platform activation features.
Broad incumbents
- Wibu-Systems: Wibu-Systems CodeMeter is an established incumbent in software protection and licensing for ISVs and enterprise, offering hardware dongles, software-based activation, and IP protection — overlapping with QLM but at a much larger enterprise scale.
- Flexera: Flexera's software monetization and licensing solutions target enterprise software publishers with entitlement management, usage insights, and compliance — a broad incumbent competing in the same software licensing category.
- Thales (SafeNet Sentinel): Thales' SafeNet Sentinel software monetization suite is a broad incumbent offering license enforcement, entitlement management, and software protection for enterprise software vendors — a much larger competitor in the same category.
Emerging players
- Paddle: Paddle is a merchant-of-record platform for SaaS/software vendors that bundles payments, tax, and subscription billing with license management capabilities — an adjacent competitor addressing overlapping buyer needs (software monetization) for ISVs.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks7 records
Key highlights7 records
Customer concentration
Soraco Technologies social profiles
Digital presenceSoraco Technologies financial estimates
Financial estimateRevenue estimate
Valuation estimate
Soraco Technologies leadership team
Management profileNumber of profiles
Profiles1 record
Soraco Technologies funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Soraco Technologies 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 Soraco Technologies
What does Soraco Technologies do?
Soraco Technologies develops and sells Quick License Manager (QLM), a software protection and licensing platform that enables software publishers to generate, validate, activate, and manage license keys for desktop, web, and mobile applications. The platform supports online and offline activation, eCommerce integration with 20+ payment providers, and multiple license models including perpetual, trial, and subscription. QLM is offered in Express, Professional, and Enterprise editions, complemented by a hosted License Server, web-based QLM Portal, mobile apps, and SDK/Document protection add-ons.
Is Soraco Technologies a public or private company?
Soraco Technologies is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Soraco Technologies founded?
Soraco Technologies was founded in 2002. It employs 1 to 10 people.
Where is Soraco Technologies based?
Soraco Technologies is headquartered in Montréal, Canada, in the North America region.
How does Soraco Technologies make money?
Five revenue lines are on record. QLM Software Licenses are the primary driver. The others are support Incidents, license Server Hosting, QLM SDK Protection Subscription and QLM Customer User Account.
Who are Soraco Technologies's main competitors?
Direct peers on record are LicenseSpring, Nalpeiron, SoftwareKey, Infralution, Cryptlex and Reprise Software. Broad incumbents are Wibu-Systems, Flexera and Thales (SafeNet Sentinel). Paddle is listed as an emerging player.
Does Soraco Technologies have an API?
Yes. QLM provides a .NET API and HTTP Methods for license management operations including license validation, activation, deactivation, customer management, and analytics. The API is included at no additional cost with QLM Express, Pro, or Enterprise licenses. Key operations include CreateLicenseKey, ValidateLicense, ActivateLicense, GetCustomerInfo, and more. Supports both server-side validation and client-side methods. Developer documentation is at docs.soraco.co/docs/api-reference.
What industry is Soraco Technologies in?
Soraco Technologies's product category is Software License Management. Its primary akta.pro industry code is BPAEAGAO, Enterprise Application License Advisory, Vendor Management & Optimization. Its NAICS code is 513210 and its SIC code is 7372.