Founded in 2019, Lime Rock New Energy is a growth equity firm focused on investing in companies that facilitate the production, consumption, and decarbonization of energy. The firm concentrates on businesses with measurable positive environmental impacts, primarily operating in North America but also considering global entities engaged in the North American market.
Qmerit Inc. is a software company based in Irvine, California, that specializes in simplifying the implementation of renewable energy products for residential and light commercial markets. Founded in 2015, Qmerit operates a Software-as-a-Service platform designed to enhance the efficiency and effectiveness of service workforce management. The platform includes features for workforce onboarding, work activity alignment, real-time tracking, and performance analytics. It leverages a nationwide network of certified electrical contractors to provide high-quality installation and maintenance services for electric vehicle charging stations, battery storage systems, and microgrid solutions. Qmerit also offers an innovative performance measurement system known as the Qmerit Contribution Index (QCI™), which scores contractors based on various performance metrics, creating a framework that encourages excellence and accountability. Additionally, Qmerit has partnered with Avendra to aggregate purchasing power for parts and materials, enabling clients to benefit from significant cost savings in their service operations.
Smart Wires
Series E in 2019
Founded in 2010, Smart Wires Inc. specializes in manufacturing and distributing modular power flow control products and grid optimization solutions for transmission organizations worldwide. Its solutions enhance grid reliability, facilitate renewable connections, resolve short-term issues, accelerate projects, minimize disruption, mitigate uncertainty, and improve power transfer capacity.
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