About Quartic
Quartic is a company based in Oakville (Canada) founded in 2017 by Pranav Prakash and Xiaozhou Wang.. Quartic has raised $5 million across 1 funding round from investors including Celesta. The company has 29 employees as of April 07, 2024. Quartic operates in a competitive market with competitors including MachineMetrics, Flutura, Precyse Tech, Adapdix and Zyfra, among others.
- Headquarter Oakville, Canada
- Employees 29 as on 07 Apr, 2024
- Founders Pranav Prakash, Xiaozhou Wang
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Sectors
Industrial Goods & ManufacturingTechnology
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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 Quarticdotai Llp
- Date of Incorporation 30 Jun, 2017
- Jurisdiction Delhi, Delhi, India
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$5 M (USD)
in 1 rounds
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Latest Funding Round
$5 M (USD), Series A
Nov 06, 2019
- Investors
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Employee Count
29
as on Apr 07, 2024
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Funding Insights of Quartic
Quartic has successfully raised a total of $5M through 1 strategic funding round. The most recent funding activity was a Series A round of $5 million completed in November 2019. 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 1
- Last Round Series A — $5.0M
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First Round
First Round
(06 Nov 2019)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2019 | Amount | Series A - Quartic | Valuation | Celesta Capital |
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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 |
Investors in Quartic
Quartic has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Celesta. 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 |
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Venture capital firm focused on multiple sectors
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Quartic
| 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 |
Financial Statements - Quartic
| 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 |
Quartic Comparisons
Competitors of Quartic
Quartic 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, Flutura, Precyse Tech, Adapdix and Zyfra, 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 |
Machine data is monitored and visualized to enhance manufacturing efficiency.
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| domain | founded_year | HQ Location |
End to end IoT platform for asset monitoring
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| domain | founded_year | HQ Location |
Delivers remote asset management, supply chain automation, and real-time asset visibility.
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| domain | founded_year | HQ Location |
Asset monitoring software is provided for industrial equipment optimization.
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| domain | founded_year | HQ Location |
Provider of robots, AI, and IIoT based solutions for mining industries
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| domain | founded_year | HQ Location |
Develops vision technology using mobile cameras for advanced 3D perception applications.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Quartic
Frequently Asked Questions about Quartic
When was Quartic founded?
Quartic was founded in 2017 and raised its 1st funding round 2 years after it was founded.
Where is Quartic located?
Quartic is headquartered in Oakville, Canada. It is registered at Oakville, Ontario, Canada.
Is Quartic a funded company?
Quartic is a funded company, having raised a total of $5M across 1 funding round to date. The company's 1st funding round was a Series A of $5M, raised on Nov 06, 2019.
How many employees does Quartic have?
As of Apr 07, 2024, the latest employee count at Quartic is 29.
What does Quartic do?
Quartic was founded in 2017 in Oakville, Canada, focusing on the industrial software sector. AI-driven tools for equipment and asset monitoring are developed, including Illuminator for IoT-based data extraction and eXponence for machine learning pattern visualization and communication. Smart factory implementations and predictive maintenance services are also supported, enabling operational insights in manufacturing environments. Co-founders Pranav Prakash and Xiaozhou Wang lead the operations.
Who are the top competitors of Quartic?
Quartic's top competitors include MachineMetrics, MoBagel and Elmodis.
Who are Quartic's investors?
Quartic has 1 investor. Key investors include Celesta.