Qmerit

United States
Glenwood City, Wisconsin, United States, 92618

Company profile

Qmerit company profile

Qmerit simplifies the adoption of electrification products for residential and light commercial markets. A leader in green energy transformation, the company provides value-driven services throughout the renewable energy equipment implementation lifecycle, from system planning, contractor selection, installation oversight and ongoing maintenance. Combining the company's digital managed services platform, nationwide network of certified electrical contractors and white-glove concierge services, Qmerit delivers customers an unmatched quality experience when installing electric vehicle charging stations, battery walls and microgrid solutions. Whether you use contractors or employees to service your customers or products, your brand reputation is at risk every day. Qmerit is a software platform that enables you to manage, measure, and motivate your contractors and employees to excel while gaining visibility into their service quality. Qmerit’s patent-pending algorithms allocate the best resource at the best value for every service request. Whenever equipment in a building is being serviced, parts and materials are often required. Contractors and building engineers purchase over $100B in parts and equipment each year for service, maintenance and retrofits, but no one has successfully aggregated these purchases. Qmerit has partnered with Avendra to aggregate this spend and use this leverage with suppliers and OEM’s to maximize discounts on parts and materials and provide Amazon-like eProcurement software to access these deep discounts. At the heart of the platform is our Qmerit Contribution Index (QCI™) performance measurement system that is used for your workforce and your suppliers. The QCI is a continuously calculated score based on past performance, callback rates, procedural compliance and more. Similar to a FICO® score, QCI scores are visible to all key stakeholders, creating a powerful motivation framework that incentivizes desired behavior and provides real-time performance feedback. The QCI algorithm has been vetted and validated by the quant group at Mercer (MMC), the world’s largest human capital consulting firm.

Business identity

Contact email
[email protected]
Phone number
(800) 951-0922
Operating status
Active
Company type
For Profit
Employee range
11-50 employees
Revenue range
$0-$1M
Founded
2015-01-01, Year

Headquarters

Postal code
92618
Country code
US
Continent
North America

Capital profile

Funding and company signals

Funding rounds
3
Total equity funding
$13.8M
Last funding
Series Unknown / 2021-07-19
Last equity funding
Series Unknown
Investors
6
Lead investors
1
Founders
1
Articles
82

Founders and investors

Founders

Tracy K. Price

Lead investors

Strandview Capital

Investors

Future Energy VenturesGICLime Rock New EnergySchneider ElectricStrandview Capital