About mCloudTech.ai
mCloudTech.ai is a company based in Vancouver (Canada) founded in 2010 by Russ McMeekin. It operates as a SaaS (Software-as-a-Service), and Managed Services. mCloudTech.ai has completed 6 acquisitions, including AirFusion, Ascent AeroSystems and CSA ATL. mCloudTech.ai offers products and services including AssetCare, Energy Management, Fugitive Emissions, O&M Excellence, and Wind Turbine Management. mCloudTech.ai operates in a competitive market with competitors including Particle, ecobee, Landis+Gyr, Nanoleaf and Span.IO, among others.
- Headquarter Vancouver, Canada
- Founders Russ McMeekin
- Stage Public
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Sectors
Business ServicesEnergy & Utilities Real Estate & Construction
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Phone
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Website
*********
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Social
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- Legal Name Mcloudtech.Ai Corp.
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$15 M (USD), Post-IPO
Mar 30, 2022
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Investors
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Employee Count
Employee Count
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Investments & Acquisitions
AirFusion
& 5 more
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Products & Services of mCloudTech.ai
mCloudTech.ai offers a comprehensive portfolio of products and services, including AssetCare, Energy Management, Fugitive Emissions, O&M Excellence, and Wind Turbine Management. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
AssetCare solutions are designed for optimizing asset performance.
Energy Management is focused on improving facility energy efficiency.
Fugitive Emissions solutions are aimed at reducing methane emissions.
O&M Excellence is developed for enhancing asset operational efficiency.
Wind Turbine Management is created for boosting energy production.
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Funding Insights of mCloudTech.ai
- Total Funding Total Funding
- Total Rounds 18
- Last Round Post-IPO — $15.0M
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First Round
First Round
(13 Feb 2018)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Mar, 2022 | Amount | Post-IPO - mCloudTech.ai | Valuation |
investors |
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| Sep, 2021 | Amount | Post-IPO - mCloudTech.ai | Valuation |
investors |
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| Jul, 2021 | Amount | Post-IPO - mCloudTech.ai | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by mCloudTech.ai
mCloudTech.ai has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include AirFusion, Ascent AeroSystems and CSA ATL. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Coaxial vehicle configuration based drones
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2014 | ||||
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Information systems for the mining industry are provided by Kanepi.
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2014 | ||||
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Airborne sensor data is fused and analyzed in real time.
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2013 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - mCloudTech.ai
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Mcloudtech.Ai Comparisons
Competitors of mCloudTech.ai
mCloudTech.ai operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Particle, ecobee, Landis+Gyr, Nanoleaf and Span.IO, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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IoT connectivity platform from prototype to production is developed.
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Provider of smart thermostats for commercial and residential applications
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| domain | founded_year | HQ Location |
End-to-end energy management solutions are provided for utilities worldwide.
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| domain | founded_year | HQ Location |
Energy-efficient smart lightbulbs are developed by Nanoleaf.
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| domain | founded_year | HQ Location |
Smart panels for home energy management are provided by Span.IO.
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| domain | founded_year | HQ Location |
Provider of solutions for energy monitoring for residential building
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Mcloudtech.Ai
Frequently Asked Questions about mCloudTech.ai
When was mCloudTech.ai founded?
mCloudTech.ai was founded in 2010 and raised its 1st funding round 8 years after it was founded.
Where is mCloudTech.ai located?
mCloudTech.ai is headquartered in Vancouver, Canada. It is registered at Vancouver, British Columbia, Canada.
Who is the current CEO of mCloudTech.ai?
Russ McMeekin is the current CEO of mCloudTech.ai. They have also founded this company.
What does mCloudTech.ai do?
mCloudTech.ai is engaged in providing cloud-powered asset performance management through its AssetCare portfolio. Solutions are offered for energy management, operational excellence, wind turbine management, and fugitive emissions control. The company is partnered with Google Cloud to deliver hyperscale results. Digital twins and vendor-independent insights are utilized to optimize asset performance, reliability, and sustainability across various sectors including energy and environmental management.
Who are the top competitors of mCloudTech.ai?
mCloudTech.ai's top competitors include ecobee, Particle and Landis+Gyr.
What products or services does mCloudTech.ai offer?
mCloudTech.ai offers AssetCare, Energy Management, Fugitive Emissions, O&M Excellence, and Wind Turbine Management.
How many acquisitions has mCloudTech.ai made?
mCloudTech.ai has made 6 acquisitions, including AirFusion, Ascent AeroSystems, and CSA ATL.
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