About Qmerit
Qmerit is a company based in Irvine (United States) founded in 2015.. Qmerit has raised $20.75 million across 4 funding rounds from investors including Schneider Electric, GIC and Lime Rock New Energy. The company has 53 employees as of December 31, 2022. Qmerit offers products and services including EV Charger Installation, Solar Panels, and Battery Storage. Qmerit operates in a competitive market with competitors including AMPLY, Presto, Treehouse, OpConnect and Swiftmile, among others.
- Headquarter Irvine, United States
- Employees 53 as on 31 Dec, 2022
-
Sectors
Transportation, Automotive & Logistics
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Qmerit Electrification Llc
-
Annual Revenue
$00as on Jan 11, 2017
-
Net Profit
-
EBITDA
-
Total Equity Funding
$20.75 M (USD)
in 4 rounds
-
Latest Funding Round
-
Investors
Schneider Electric
& 6 more
-
Employee Count
53
as on Dec 31, 2022
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Qmerit
Qmerit offers a comprehensive portfolio of products and services, including EV Charger Installation, Solar Panels, and Battery Storage. 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.
Service for installing EV chargers in homes and commercial sites
Systems for generating clean power and reducing energy bills
Solutions for independent power management during outages
Unlock access to complete
Unlock access to complete
Funding Insights of Qmerit
Qmerit has successfully raised a total of $20.75M across 4 strategic funding rounds. 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.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Last Round
-
First Round
First Round
(11 Jan 2017)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Series A - Qmerit | Valuation | GIC , Lime Rock New Energy |
|
| Dec, 2020 | Amount | Series A - Qmerit | Valuation |
investors |
|
| Apr, 2018 | Amount | Series A - Qmerit | Valuation | Strandview Capital |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Qmerit
Qmerit has secured backing from 7 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Schneider Electric, GIC and Lime Rock New Energy. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Sovereign wealth is managed and private equity investments are facilitated.
|
Founded Year | Domain | Location | |
|
-
|
Founded Year | Domain | Location | |
|
Growth-stage startups are invested in by Strandview Capital.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Qmerit
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Qmerit
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Qmerit Comparisons
Competitors of Qmerit
Qmerit 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 AMPLY, Presto, Treehouse, OpConnect and Swiftmile, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Fully-automated charging solution for EV fleets
|
|
| domain | founded_year | HQ Location |
Presto is focused on providing EV charging solutions for fleets.
|
|
| domain | founded_year | HQ Location |
Home electrification is enabled via software for charging installations.
|
|
| domain | founded_year | HQ Location |
EV charging solutions are delivered via cloud-based software platforms.
|
|
| domain | founded_year | HQ Location |
Personal electric transporters (PETS) sharing & charging solutions provider
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Qmerit
Frequently Asked Questions about Qmerit
When was Qmerit founded?
Qmerit was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Where is Qmerit located?
Qmerit is headquartered in Irvine, United States. It is registered at Irvine, California, United States.
Is Qmerit a funded company?
Qmerit is a funded company, having raised a total of $20.75M across 4 funding rounds to date. The company's 1st funding round was a Series A of $11.75M, raised on Jan 11, 2017.
How many employees does Qmerit have?
As of Dec 31, 2022, the latest employee count at Qmerit is 53.
What does Qmerit do?
Qmerit was founded in 2015 and is headquartered in Irvine, United States. Services focused on electrification are delivered through a platform that supports homeowners, commercial properties, and fleet owners. Installations include EV chargers, solar panel charging systems, battery energy storage, and smart panels. Operations emphasize practical deployment in the clean energy sector across residential and commercial settings.
Who are the top competitors of Qmerit?
What products or services does Qmerit offer?
Qmerit offers EV Charger Installation, Solar Panels, and Battery Storage.
Who are Qmerit's investors?
Qmerit has 7 investors. Key investors include Schneider Electric, GIC, Lime Rock New Energy, Strandview Capital, and innogy.ventures.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.