About QiO
QiO is a company based in Farnborough (United Kingdom) founded in 2015 by Rick Haythornthwaite and Baz Khuti. QiO has raised $10 million across 1 funding round from investors including WAVE Equity Partners. The company has 27 employees as of December 31, 2021. QiO offers products and services including Foresight Platform. QiO operates in a competitive market with competitors including MachineMetrics, Sennen, Flutura, EA Technology and Bsquare, among others.
- Headquarter Farnborough, United Kingdom
- Employees 27 as on 31 Dec, 2021
- Founders Rick Haythornthwaite, Baz Khuti
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Sectors
Industrial Goods & ManufacturingTechnology Energy & 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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- Legal Name Qio Technologies Ltd
- Date of Incorporation 29 Dec, 2014
- Jurisdiction EGHAM, UNITED KINGDOM
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Annual Revenue
$727.13 K (USD)-37as on Dec 31, 2022
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Net Profit
-$2.02 M (USD)31as on Dec 31, 2022
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EBITDA
-$2.38 M (USD)26as on Dec 31, 2022
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Total Equity Funding
$10 M (USD)
in 1 rounds
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Latest Funding Round
$10 M (USD), Series B
Feb 16, 2023
- Investors
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Employee Count
27
as on Dec 31, 2021
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Products & Services of QiO
QiO offers a comprehensive portfolio of products and services, including Foresight Platform.
Platform for optimizing energy use and predicting maintenance in industries
People of QiO
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Advisor Team
7 people
Software Development Team
2 people
Leadership Team
1 people
Sales and Marketing
1 people
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Funding Insights of QiO
QiO has successfully raised a total of $10M through 1 strategic funding round. The most recent funding activity was a Series B round of $10 million completed in February 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 QiO
QiO has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include WAVE Equity Partners.
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Impact-focused growth equity investments are made in sustainable industrial solutions.
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Investor details for QiO
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Investments & Acquisitions by QiO
Investment portfolio details for QiO
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Financial Statements - QiO
Detailed financials for QiO
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Qio Comparisons
Peer comparison for QiO
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Competitors of QiO
QiO 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 MachineMetrics, Sennen, Flutura, EA Technology and Bsquare, among others.
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Machine data is monitored and visualized to enhance manufacturing efficiency.
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Renewable energy assets are managed via a specialized platform.
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End to end IoT platform for asset monitoring
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Asset management platform for renewable energy is provided.
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Device management stack for Industrial IoT applications is provided.
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Detailed competitors of QiO
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Latest news on Qio
Complete news archive for QiO
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Frequently Asked Questions about QiO
QiO was founded in 2015 and raised its 1st funding round 8 years after it was founded.
QiO is headquartered in Farnborough, United Kingdom. It is registered at Farnborough, Hampshire, United Kingdom.
Rajendra Pandhare is the current CEO of QiO.
QiO is a funded company, having raised a total of $10M across 1 funding round to date.
As of Dec 31, 2021, the latest employee count at QiO is 27.
Annual revenue of QiO is $727.13K as on Dec 31, 2022.
QiO was founded in 2015 and is based in Farnborough, United Kingdom. AI-driven software for building energy and asset management is provided, with features that optimize asset efficiency, maintain performance, and orchestrate repair services. Digital twins are generated using AI and IoT algorithms for monitoring assets, managing templates, and conducting automated analytics. Sectors served include healthcare, utilities, manufacturing, and others.
QiO's top competitors include MachineMetrics, EA Technology and Bsquare.
QiO offers Foresight Platform.
QiO has 1 investor. Key investors include WAVE Equity Partners.