What is Qmerit?
Qmerit operates as the premier service provider for electric vehicle (EV) charger installation and comprehensive electrification solutions. The company serves a multifaceted client base, ranging from residential homeowners to large-scale commercial property managers, fleet operators, and utility providers. By leveraging a proprietary network of certified electricians, Qmerit simplifies the deployment of home charging stations, solar energy systems, and battery storage units. This integrated approach addresses the primary friction points in the electrification journey, positioning the company as an essential intermediary in the global shift toward sustainable energy independence and decarbonized transportation infrastructure.
How much funding has Qmerit raised?
Qmerit has raised a total of $17.8M across 4 funding rounds:
Private Equity
$5M
Unspecified
$11.8M
Debt
$350K
Debt
$687K
Private Equity (2016): $5M, investors not publicly disclosed
Unspecified (2018): $11.8M led by Schneider Electric and Strandview Capital
Debt (2020): $350K supported by PPP
Debt (2021): $687K featuring PPP
Key Investors in Qmerit
Schneider Electric
A global leader in energy management and automation, Schneider Electric provides integrated digital solutions for efficiency and sustainability across buildings, data centers, and industrial infrastructure.
Strandview Capital
An investment firm focused on providing opportunistic growth capital to technology and financial services companies, leveraging decades of experience to drive operational excellence.
PPP
Public-Private Partnership
What's next for Qmerit?
With the recent influx of capital, Qmerit is well-positioned to accelerate its market penetration and enhance its digital service platform. The company is expected to focus on expanding its technician network and refining its software-driven installation management tools to meet the surging demand for residential and commercial EV infrastructure. As the regulatory landscape continues to favor electrification, Qmerit's strategic focus will likely shift toward deepening partnerships with automotive OEMs and utility companies to streamline the end-to-end customer experience. This growth phase will be critical in maintaining their competitive advantage as the primary orchestrator of the electrification ecosystem, ensuring that the transition to electric technologies remains seamless, efficient, and scalable for all stakeholders involved.
See full Qmerit company page
