
About Quartic
Quartic is an Industrial Goods & Manufacturing company based in Oakville (Canada) founded in 2017 by Pranav Prakash and Xiaozhou Wang. AI-based equipment monitoring software solutions are provided. It operates in the Industrial Goods & Manufacturing and Technology sectors. Quartic has raised $5 million across 1 funding round from investors including Celesta. The company has 29 employees. Its Indian entity Quarticdotai Llp reported revenue of βΉ12.25 Cr. Its focus areas include High Tech, IoT Applications, Industry Specific and Manufacturing.
Company details
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.
- Headquarters Oakville, Canada
- Employees 29
- Founders Pranav Prakash, Xiaozhou Wang
- SectorsIndustrial Goods & ManufacturingTechnology
- Emailβ’β’β’β’β’β’β’β’
- Website quartic.ai
- Social LinkedIn X YouTube
- Legal Name Quarticdotai Llp
- Date of Incorporation 30 Jun, 2017
- Jurisdiction Delhi, India
- Indian entity revenue₹12.25 Cr
FY 2023 · +28% YoY
- Indian entity net profit₹97.9 Lakh
FY 2023 · 8% margin
- Indian entity EBITDA₹1.75 Cr
FY 2023 · 14% margin
- Total Equity Funding$5M (USD)
in 1 rounds
- Latest Funding Round$5M (USD), Series A
Nov 2019
- Investors
- Employee Count29
Associated legal entities of Quartic
Quartic operates through Quarticdotai Llp (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Quarticdotai Llp CIN AAJ-8419 | Active | 30 Jun 2017 | Delhi, Delhi | ₹12.3 Cr | 29 | 2 | View details |
Apps and channels of Quartic
its YouTube channel Quartic has 108 subscribers and 30 videos.
Videos from Quartic
The most watched videos on Quartic's YouTube channel, Quartic (108 subscribers). Click a video to play it here.
More on Quartic.
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 $5M
- Total Rounds 1
- Last Round Series A β $5M
- First Round $5M
(Nov 2019)
- Investors Count 1
All 1 funding rounds of Quartic with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2019 | $5M | Series A | β | Celesta Capital | β |
1 investors in total: 1 institutional.
Investors in Quartic
Quartic has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Celesta.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm focused on multiple sectors | celesta.vc | San Francisco, United States |
Investor details for Quartic
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Quarticdotai Llp (Quartic)
Quarticdotai Llp is the primary company behind Quartic. The board of Quarticdotai Llp currently have 2 directors; the longest-serving is Akshaya Aron, appointed in 2017.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Akshaya Aron DIN 06723973 | Designated Partner | 30 Jun 2017 | 9 yrs 3 mo | Quarticdotai Llp |
| Rajiv Anand DIN 07805080 | Designated Partner | 30 Jun 2017 | 9 yrs 3 mo | Quarticdotai Llp |
People of Quartic
18 people are tracked at Quartic (10 in leadership, 6 in board & advisors, 2 in team); the tracked headcount is 29.
| Name | Role | Group |
|---|---|---|
Pranav Prakash | Co-Founder | Leadership |
Xiaozhou Wang | Co-Founder | Leadership |
| Co-Founder & Chief Product Officer | Leadership | |
Anish Daga | Director Of Product And Design | Leadership |
Sathish Jayaraman | Chief Architect & Head Of Development | Leadership |
Scott Drap | Sales Director | Leadership |
Vinodh Rodrigues | VP, Customer Success | Leadership |
Blair Fraser | Co-Founder | Leadership |
Tejasree Pagidipati | Chief Information Security Officer | Leadership |
Manuel Tejeda | Director Customer Success | Leadership |
Ashish Bharadwaj | Co-Founder & Board Member | Board & advisors |
| Founder | Board & advisors | |
Steve Fu | Advisor | Board & advisors |
Anshul Agarwal | Board Member | Board & advisors |
Anush Mohandass | Advisor | Board & advisors |
Michael Marks | Board Member | Board & advisors |
Sharanya Bhatta | SDET | Team |
Manoj Kumar Maharana | Software Development Engineer III | Team |
Complete people profiles for Quartic
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Quartic
Figures of Quarticdotai Llp, the primary company behind Quartic, for FY 2023. Revenue was ₹12.25 Cr (+28% year on year). Net profit was ₹97.9 Lakh (8% margin). EBITDA was ₹1.75 Cr (14% margin). Revenue has grown at a compounded annual rate of +20% over three years and +61% over five years.
- ₹12.25 CrRevenue · FY 2023 · +28% YoY
- ₹97.9 LakhNet profit · 8% margin
- ₹1.75 CrEBITDA · 14% margin
- 29Employees (provident fund records)
- +20%Revenue CAGR, 3 years
- +61%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Quarticdotai Llp are on its company page.
Detailed financial statements for Quartic
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Quartic
2 dated milestones of Quartic across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Quartic is founded.
- Funding First funding round of $5.0M.
Web traffic of Quartic
The website of Quartic (quartic.ai) receives about 5.6K visits a month.
- Monthly visits5.6K
▼ 36.2% vs previous month
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Related news about Quartic
Complete news archive for Quartic
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Frequently Asked Questions about Quartic
Quartic was founded in 2017 and raised its 1st funding round 2 years after it was founded.
Quartic is headquartered in Oakville, Canada. It is registered at Oakville, Ontario, Canada.
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 2019.
Quartic has 29 employees.
The primary company behind Quartic, Quarticdotai Llp, reported revenue of βΉ12.25 Cr for FY 2023, up 28% year on year.
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.
Quartic has 1 investor. Key investors include Celesta.
Quartic operates through Quarticdotai Llp.
The legal entities of Quartic currently have 2 directors, including Akshaya Aron, Rajiv Anand.
