Tech Company Financing Transactions
Qmerit Funding Round
Qmerit closed a $11.8 million venture capital round on 4/5/2018. Backers included Strandview Capital, Innogy SE and Schneider Electric Ventures.
Transaction Overview
Company Name
Announced On
4/5/2018
Transaction Type
Venture Equity
Amount
$11,750,000
Round
Undisclosed
Investors
Strandview Capital (Lead Investor) (Kevin Covert)
Schneider Electric Ventures (Heriberto Diarte)
Proceeds Purpose
The investment will help Qmerit aggressively expand its sales efforts as well as increase and accelerate product development. The investment will also help Qmerit expand its rapidly growing client list, which already includes multiple Fortune 500 companies.
Company Information
Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
111 Pacifica 200
Irvine, CA 92618
USA
Irvine, CA 92618
USA
Phone
Website
Email Address
Overview
Qmerit is a leader in cloud-based, supply chain solutions that significantly improve service quality and reduce operating costs for OEM's, facility managers, and contractors.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Tracy Price
Chief Operating Officer
Brett Knox
VP - Bus. Development
Jeffrey Golden
VP - Engineering
Manoj Puthenveetil
VP - Sales
Ken Sapp
Browse more venture capital transactions:
Prev: 4/5/2018: Life Boost venture capital transaction
Next: 4/5/2018: Bay Labs venture capital transaction
Share this article
News on VC Transactions
We report on every notable VC transaction. VC investment data records on this site are sourced from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs