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Qmerit has raised $12.0M across 1 funding round.
Key people at Qmerit.
Qmerit has raised $12.0M in total across 1 funding round.
Qmerit provides comprehensive implementation solutions for electric vehicle (EV) charging and various energy transition technologies across North America. The company connects residential and commercial clients with a network of certified electrical installers, streamlining the entire electrification process. Its core offering simplifies installation and integration of electric infrastructure, ensuring a seamless and efficient transition.
Specific details regarding Qmerit's founders, founding date, or the precise insight leading to its inception are not publicly detailed. The company likely emerged from demand for reliable, standardized installation services within the burgeoning electrification sector, recognizing the need for a unified approach to deploy electric technologies efficiently.
Qmerit primarily serves individuals and businesses adopting electric vehicles and broader electrification initiatives, facilitating access to expert installation. The company's overarching vision is to simplify the electrification journey, aspiring to be North America's most trusted provider of energy transition solutions, fostering widespread adoption of sustainable electric infrastructure.
Key people at Qmerit.
Qmerit has raised $12.0M across 1 funding round. Most recently, it raised $12.0M Series U in April 2018.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Apr 1, 2018 | $12M Series U | — | Future Energy Ventures | Announced |
Qmerit has raised $12.0M in total across 1 funding round.
Qmerit's investors include Future Energy Ventures.
Qmerit is North America's leading provider of installation services for EV charging, electrical solutions, and energy transition technologies, simplifying electrification for residential and commercial customers through its network of over 24,000 certified electricians.[1][2][3][6] The company connects automakers, technology providers like Schneider Electric, and property owners to deliver turnkey implementations, including EV charger installations (over 770,000 completed), solar, battery systems, and commercial electrical services via platforms like PowerForce by Qmerit™.[1][2][3] It serves automakers (e.g., Ford, GM, Tesla, Stellantis), utilities, fleets, multifamily properties, and businesses, addressing skilled labor shortages and accelerating the shift to sustainable electric technologies with high customer satisfaction (NPS above industry average).[2][3][7]
Qmerit's growth momentum is strong, marked by 2024 milestones such as partnerships for Tesla Powershare, national deployments with Schneider Electric, and expansions into solar, battery storage, and fleet electrification, backed by private investors and strategic ally Schneider Electric.[1][3]
Qmerit traces its roots to 1996, when Tracy K. Price founded FieldCentrix Inc. from his energy efficiency firm, Mesa Energy Systems Inc., launching a pioneering digital platform for managing mobile workforces in skilled trades.[1] The company evolved through acquisitions, rebrands, and growth, spinning out from Fortune 500 ABM Industries in 2016 to focus on electrification.[1] Leadership, including figures like COO Oliver Phillips and President Tom Bowen, built a national network of electrical contractors and developed tools like the Qmerit Contribution Index® (QCI®) for quality assurance.[1][2][3]
Early traction came from energy efficiency expertise spanning 25 years, expanding into EV charging for premier automakers and now encompassing broader energy transition services across North America.[1][3]
Qmerit rides the electrification megatrend, enabling the shift from fossil fuels to EVs, solar, batteries, and resilient grids amid rising EV adoption and decarbonization mandates.[1][3][4][8] Timing is ideal with 2024 policy incentives, workforce gaps, and infrastructure demands—Qmerit addresses key barriers like home/building electrification, electrician shortages, affordability, and public charging reliability as outlined in its *Electrification2030* white paper.[3][4] Market forces favoring it include EV sales growth, utility decarbonization goals, and commercial demand for virtual power plants, where Qmerit's scale influences ecosystem standards by partnering with OEMs and creating jobs.[2][3][4][7]
Qmerit is poised to expand as electrification accelerates, leveraging 2024 wins in Tesla certification, solar/battery services, and commercial platforms to capture more fleet, multifamily, and utility programs.[3][7][9] Trends like AI-optimized grids, federal rebates, and UK expansion will shape its path, potentially scaling installations beyond EVs into full-home electrification.[1][3][5] Its influence may evolve from installer to ecosystem orchestrator, quarterbacking cross-sector solutions for a decentralized clean-energy future—building on its legacy to make Electrification Made Easy™ a reality.[2][3][4]
