Qvinci Software LLC, an Austin, Texas based developer of software for businesses, recently raised $3.4 million in financing to fund the company's expansion. Charles Nagel, former founding CEO and now Chief Innovation Officer, along with current CEO Brad Adams said the infusion of capital will allow the company to expand employment to 31 workers by the end of the year in order to continue expansion of the core product for which the company was renamed in 2014 from QuickDash, LLC.
Qvinci offers cloud-based financial reporting and benchmarking – including consolidated reporting for multi-location organizations using patent-pending technology that dynamically maps line items into a Standard Chart of Accounts. As a reporting partner to the Intuit® Franchise Program, Qvinci offers a powerful, web-based financial reporting tool that is capable of quickly consolidating and analyzing financial files for thousands of locations.
Earlier this year Qvinici was awarded a patent for its groundbreaking financial reporting software (U.S. Patent No. 9,020,946).