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 Aug 31, 2026, the latest employee count at Qmerit is 58.

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. Its primary sector is Electric Vehicles. In United States, the Electric Vehicles sector has seen $3.11B in funding in 2026 to date.

Where does Qmerit rank among its competitors?

Qmerit ranks 120th amongst 1363 active competitors, of which 183 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

120^th among 1363 active competitors

Employee Count

58 as on Aug 31, 2026

Similar Companies

Zenobe & 71 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, INC. CIN: 32065887500 , United States, Active	Jan 09, 2018	$1 - $1M (As on Jan 11, 2017)	-	-
QMERIT ELECTRIFICATION, LLC CIN: 853388784 , United States, Active	Dec 31, 1999	-	401 (As on Dec 31, 2022)	-
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	5454764	Series A	1503043	3853236	2116264	6997801
Dec 11, 2020	8536086	Series A	6739135	7628358	3902767	5504676
Apr 04, 2018	6201895	Series A	7575059	9410730	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 58 employees as of Aug 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	WIND Ventures, 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, Y Combinator & 9 others	74/100
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	Electra 2020, Paris (France), Series B	Provider of fast charging solutions for electric vehicles, removing barriers to the adoption of electric cars	$657M	PGGM, 574 Invest & 40 others	72/100
6th	Bolt.Earth 2017, Bengaluru (India), Series A	Provider of electric vehicle charging hardware, software, and support services	$29.6M	ITI Growth Opportunities, Union Square Ventures ... & 37 others	71/100
7th	myenergi 2016, Stallingborough (United Kingdom), Series C	Manufacturer of eco-smart home energy management and electric vehicle charging products	$36.8M	Energy Impact Partners, HSBC	71/100
8th	Zenobe 2017, London (United Kingdom), Series E	Provider of fleet electrification infrastructure and grid scale battery storage	$1.42B	Infracapital, JERA & 21 others	70/100
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	69/100
120th	Qmerit 2015, Irvine (United States), Series A	Provider of installation services for EV chargers and other electrification	$20.8M	Archer Venture Capital, GIC & 11 others	44/100