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Quartic - About the company

Quartic is a series A company based in Oakville (Canada), founded in 2017 by Pranav Prakash, Xiaozhou Wang and Rajiv Anand. It operates as an AI-based equipment monitoring software solution. Quartic has raised $5M in funding from Celesta Capital. The company has 246 active competitors, including 35 funded and 18 that have exited. Its top competitors include companies like MachineMetrics, 3d Signals and Elevat.

Company Details

Quartic offers an AI-based equipment monitoring software solution. The product offerings include Illuminator, an IOT-based data extraction solution; eXponence, a machine learning-based pattern visualization, and a communication tool for asset monitoring. It also provides smart factory and predictive maintenance solutions.
Website
quartic.ai
Social
X
Email ID
*****@quartic.ai
Registered Address
QUARTICDOTAI LLP Daryaganj 17 Subhash Marg, 110002 Delhi-Central Delhi
Key Metrics
Founded Year
2017
Location
Oakville, Canada
Stage
Series A
Total Funding
$5M in 1 round
Latest Funding Round
Ranked
Employee Count
71 as on Mar 31, 2026
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Quartic's funding and investors

Quartic has raised a total funding of $5M over 1 round. Its latest funding round was a Series A round on Nov 06, 2019 for $*****. 1 investor participated in its latest round. Quartic has 2 institutional investors.

Here is the list of recent funding rounds of Quartic:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Nov 06, 2019
5919883
Series A
5390913
4253071
3204975
3306907
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Quartic's founders and board of directors

Founder? Claim Profile
The founders of Quartic are Pranav Prakash, Xiaozhou Wang and Rajiv Anand.
Here are the details of Quartic's key team members:

Quartic's employee count trend

Quartic has 71 employees as of Mar 26. Here is Quartic's employee count trend over the years:
Employee count trend for Quartic
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Quartic's Competitors and alternates

Top competitors of Quartic include MachineMetrics, 3d Signals and Elevat. Here is the list of Top 10 competitors of Quartic, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for MachineMetrics
MachineMetrics
2014, Northampton (United Kingdom), Series B
Automated asset monitoring for manufacturing
$37.7M
50/100
2nd
Logo for 3d Signals
3d Signals
2015, Kfar Saba (Israel), Series A
Provider of equipment monitoring solutions
$23.5M
50/100
3rd
Logo for Elevat
Elevat
2015, Seattle (United States), Series B
Cloud-based IoT platform for managing connected assets
$25M
49/100
4th
Logo for MoBagel
MoBagel
2009, Mountain View (United States), Series A
Developer of artificial intelligence solutions for business workflow automation
$5.16M
47/100
5th
Logo for Bsquare
Bsquare
1994, Bellevue (United States), Acquired
Device management solution stack for Industrial IoT applications
-
47/100
6th
Logo for OFS
OFS
1998, Melbourne (Australia), Unfunded
OEE software solutions
-
-
45/100
7th
Logo for Veros Systems
Veros Systems
2001, Austin (United States), Acquired
Provides machine-learning based asset monitoring software solution
$19.6M
45/100
8th
Logo for Aquifi
Aquifi
2011, Palo Alto (United States), Deadpooled
Develops vision technology on top of mobile cameras for 3D perception
$41.8M
45/100
9th
Logo for Amplified Industries
Amplified Industries
2019, Somerville (United States), Series B
AI-driven platform offering solutions for the optimization of oilfield assets
$21.1M
44/100
10th
Logo for Raven Telemetry
Raven Telemetry
2013, Ottawa (Canada), Series A
Cloud-based platform for assets monitoring
$18.6M
43/100
23rd
Logo for Quartic
Quartic
2017, Oakville (Canada), Series A
AI-based equipment monitoring software solution
$5M
38/100
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Quartic's Investments and acquisitions

Quartic has made no investments or acquisitions yet.

News related to Quartic

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