About QEA Tech
QEA Tech is a company based in Markham (Canada) founded in 2019 by Peyvand Melati. QEA Tech has raised $2.2 million across 2 funding rounds from investors including Ontario Centre of Innovation, E8 Ventures and Avesta Fund. QEA Tech offers products and services including AI Software and Drones and IoT Devices. QEA Tech operates in a competitive market with competitors including ecobee, Particle, Signify, Landis+Gyr and PowerSecure, among others.
- Headquarter Markham, Canada
- Founders Peyvand Melati
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Sectors
Business ServicesEnergy & Utilities
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Email
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
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EBITDA
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Total Equity Funding
$2.2 M (USD)
in 2 rounds
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Latest Funding Round
$2.2 M (USD), Seed
Apr 19, 2023
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Investors
Ontario Centre of Innovation
& 4 more
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Employee Count
Not available
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Products & Services of QEA Tech
QEA Tech offers a comprehensive portfolio of products and services, including AI Software and Drones and IoT Devices.
Analyzes building data to quantify energy loss and suggest retrofits.
Gathers high-res images and data for building envelope assessments.
People of QEA Tech
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Leadership Team
4 people
Operations Team
1 people
Sales and Marketing
1 people
Creative and Marketing Team
1 people
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Funding Insights of QEA Tech
QEA Tech has successfully raised a total of $2.2M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $2.2 million completed in April 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in QEA Tech
QEA Tech has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Ontario Centre of Innovation, E8 Ventures and Avesta Fund.
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Digital infrastructure solutions are provided by E8 Ventures for asset management.
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Early-stage climate tech startups are supported with seed capital.
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Investor details for QEA Tech
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Investments & Acquisitions by QEA Tech
Investment portfolio details for QEA Tech
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Financial Statements - QEA Tech
Detailed financials for QEA Tech
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Qea Tech Comparisons
Peer comparison for QEA Tech
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Competitors of QEA Tech
QEA Tech 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 ecobee, Particle, Signify, Landis+Gyr and PowerSecure, among others.
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Provider of smart thermostats for commercial and residential applications
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IoT connectivity platform from prototype to production is developed.
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Signify is recognized as a global leader in lighting solutions.
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End-to-end energy management solutions are provided for utilities worldwide.
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Energy efficiency and smart grid management solutions
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Smart panels for home energy management are provided by Span.IO.
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Detailed competitors of QEA Tech
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Latest news on Qea Tech
Complete news archive for QEA Tech
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Frequently Asked Questions about QEA Tech
QEA Tech was founded in 2019 and raised its 1st funding round 2 years after it was founded.
QEA Tech is headquartered in Markham, Canada. It is registered at Markham, Ontario, Canada.
Peyvand Melati is the current CEO of QEA Tech. They have also founded this company.
QEA Tech is a funded company, having raised a total of $2.2M across 2 funding rounds to date.
QEA Tech was founded in 2019 in Markham, Canada, and operates in the building energy sector. Drone-based services are provided, including infrared imaging, data processing, energy audit reports, economic analysis, automatic leak detection, and estimated energy cost savings. Infrared cameras on the drones are used to monitor thermal signatures, thermal and moisture detection. Data is delivered through a cloud-based platform.
QEA Tech's top competitors include ecobee, Particle and Landis+Gyr.
QEA Tech offers AI Software and Drones and IoT Devices.
QEA Tech has 5 investors. Key investors include Ontario Centre of Innovation, E8 Ventures, Avesta Fund, Clean Energy Venture Group, and Sustainable Development Technology Canada.