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PublicNasdaq: SQI
Date8/2013
Raised
Post IPO Valuation

General Information

Offices

HQ
6501 Weston Parkway
Suite 200
Cary, NC, 27513
USA

People

CFO
President and Chief Executive Officer
Director
Director of Marketing
Investor

Acquisitions

Total$51M
CombineNet, 9/2013 $43M
SpendRadar, 9/2012 $8M

Funding

VENTURE FUNDING
Venture Round, 2004
River Cities Capital Funds

Tags

SciQuest

SciQuest, Inc. provides software-as-a-service procurement automation and supplier enablement solutions. It offers Sourcing Manager, an on-demand bid management solution; Eprocurement online, a suite of procurement automation solutions; Materials Management solution that manages on-site stockroom inventory; and Settlement Manager, an invoicing and settlement solution that automates and streamlines receiving, matching, and invoicing processes. The company also provides Spend Analytics, a spend management solution; supplier network and managed services; implementation services for procurement automation; and a Procurement Business Assessment service, which enables life sciences companies to measure, envision, and plan the roadmap for procurement operations. In addition, it offers HigherMarkets Express for Banner, a suite of eprocurement solution that enables schools to realize the benefits of a strategic approach to procurement while increasing the value of existing systems. The company serves education, healthcare, life sciences, and government organizations.

SciQuest, Inc. was formerly known as SciQuest.com, Inc. and changed its name to SciQuest, Inc. in 2001. The company was founded in 1995 and is based in Cary, North Carolina.

Recent Milestones

  • Handshake
    SciQuest acquired CombineNet for $43M. (9/3/13)
    Posted 9/3/13 at 8:08pm via bizjournals.com
  • Stock
    Went public with stock symbol Nasdaq: SQI. (8/28/13)
    Posted 9/3/13 at 8:05pm
  • Handshake
    SciQuest acquired SpendRadar for $8M. (9/1/12)
    Posted 12/1/12 at 5:13pm via nasdaq.com
  • Check
    SciQuest added Darrell Pierre as Account Executive. (1/30/12)
    Posted 5/16/12 at 12:50pm
  • Check
    SciQuest — Supply-Chain Software Co. SciQuest's IPO Priced At Low End Of Range. (9/24/10)
    Posted 10/16/10 at 3:31am via dowjones.com
  • Check
    SciQuest — SciQuest Gives IPO Terms As It Prepares For Return To Public Markets (9/3/10)
    Posted 9/10/10 at 1:44am via dowjones.com
  • Dollar
    SciQuest received in Venture Round funding. (1/1/04)
    Posted 3/12/14 at 3:05pm
  • Check
    SciQuest added Stephen Wiehe as President and Chief Executive Officer.
    Posted 2/16/13 at 3:05am

Videos

Above:

SciQuest eProcurement Marketplace

Added: 11/17/12

Screenshots

SciQuest screenshot
Above: SciQuest Screenshot -- #1
Uploaded: 8/20/10

Stock Price

Sources

  1. Cary’s SciQuest buys Pittsburgh’s CombineNet for $43M (bizjournals.com) [edit]
  2. SciQuest Acquires Assets of Spend Radar, a Leading Spend Analysis Firm (nasdaq.com) [edit]
  3. Citation Needed [add]
  4. SciQuest Gives IPO Terms As It Prepares For Return To Public Markets (fis.dowjones.com) [edit]
    Supply-Chain Software Co. SciQuest's IPO Priced At Low End Of Range (fis.dowjones.com) [edit]
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Last Edited 3/19/14

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