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.

How many employees does Qmerit have?

As of Jul 31, 2026, the latest employee count at Qmerit is 63.

Is Qmerit a funded company?

Qmerit is a funded company, having raised a total of $20.8M across 4 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Jan 11, 2017.

When was the latest funding round of Qmerit?

Qmerit's latest funding was a $***** Series A round on Jul 19, 2021, with participation from 2 investors.

Where does Qmerit rank among its competitors?

Qmerit ranks 81st amongst 1331 active competitors, of which 180 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Wallbox, which secured $13.5M in Jul, 2026.

Who are the top competitors of Qmerit?

Qmerit's top competitors include Wallbox, IONITY and Statiq. Among them, Wallbox secured the most recent funding round in July, 2026.

Qmerit - 2026 Company Profile, Funding & Competitors

Company Details

Provider of installation services for EV chargers and other electrification. The platform offers services for homeowners, commercial properties, fleet owners, and more. They provide solar panel charging, EV charging, battery energy storage system, smart panels, and more.

Website: qmerit.com
Social
Email ID: *****@qmerit.com
Phone Number: +1 **********

Key Metrics

Founded Year

2015

Location

Irvine, United States

Stage

Series A

Total Funding

$20.8M in 4 rounds

Latest Funding Round

Series A, Jul 19, 2021, $*****

Investors

GIC & 12 more

Ranked

81^st among 1331 active competitors

Employee Count

63 as on Jul 31, 2026

Similar Companies

Zenobe & 66 more

View Qmerit's full profile

Qmerit is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
QMERIT ELECTRIFICATION, LLC CIN: 853388784 , United States, Active	Dec 31, 1999	-	401 (As on Dec 31, 2022)	-
QMERIT, INC. CIN: 32065887500 , United States, Active	Jan 09, 2018	$1 - $1M (As on Jan 11, 2017)	-	-
Raiven, Inc. CIN: 475083526 , United States, Active	Dec 31, 1999	-	27 (As on Dec 31, 2024)	-

Qmerit has raised a total funding of $20.8M over 4 rounds. Its first funding round was on Jan 11, 2017. Its latest funding round was a Series A round on Jul 19, 2021 for $*****. 2 investors participated in its latest round. Qmerit has 11 institutional investors and 2 angel investors.

Here is the list of recent funding rounds of Qmerit:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 19, 2021	1244321	Series A	1570655	3767059	9119831	6423447
Dec 11, 2020	3960149	Series A	1707096	2648901	9021110	6420190
Apr 04, 2018	2022314	Series A	6477971	7324799	Strandview Capital	innogy.ventures & 3 more

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View details of Qmerit's funding rounds and investors

Qmerit's employee count trend

Qmerit has 63 employees as of Jul 26. Here is Qmerit's employee count trend over the years:

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Top competitors of Qmerit include Wallbox, IONITY and Statiq. Here is the list of Top 10 competitors of Qmerit, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Wallbox 2015, Barcelona (Spain), Public	Provider of electric-vehicle charging solutions	$70.2M	Seaya, Cathay Innovation & 17 others	78/100
2nd	IONITY 2017, Munich (Germany), Acquired	Network providing high power charging stations for electric vehicle drivers	$791M	Kia, BlackRock & 3 others	77/100
3rd	Statiq 2020, Gurugram (India), Series A	Manufacturer of electric vehicle charging hardware and operator of networks	$45.5M	Shell, Tenacity Ventures & 9 others	75/100
4th	EV Connect 2009, El Segundo (United States), Acquired	Platform for electric vehicle charging management	$49.9M	Ecosystem Integrity Fund, Motus Ventures ... & 22 others	72/100
5th	myenergi 2016, Market Rasen (United Kingdom), Series C	Manufacturer of eco-smart home energy management and electric vehicle charging products	$36.8M	Energy Impact Partners, HSBC	71/100
6th	Bolt.Earth 2017, Bengaluru (India), Series A	Provider of electric vehicle charging hardware, software, and support services	$29.6M	ITI Growth Opportunities, Prime Venture Partners ... & 37 others	71/100
7th	Magenta 2018, Navi Mumbai (India), Series A	Provider of electric vehicle fleets and charging infrastructure management services	$49.5M	Morgan Stanley, HPCL & 60 others	70/100
8th	Zenobe 2017, London (United Kingdom), Series E	Provider of fleet electrification infrastructure and grid scale battery storage	$1.42B	Infracapital, JERA & 21 others	69/100
9th	Electrify America 2016, Reston (United States), Series C	Operator of a network providing electric vehicle charging services	$450M	Volkswagen Group, Siemens	69/100
10th	CTEK 1997, Vikmanshyttan (Sweden), Acquired	Provider of Electric vehicle charging solutions	$123M	Latour, EQT & 1 others	68/100
81st	Qmerit 2015, Irvine (United States), Series A	Provider of installation services for EV chargers and other electrification	$20.8M	GIC, Archer Venture Capital & 11 others	44/100