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QiO Technologies
AI-powered industrial sustainability solutions
- 21-100 employees
- B2B
- Artificial Intelligence
- Sustainability
- Analytics
- Internet of Things
- Machine Learning
- SaaS
- Egham, UK
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Company mission
To help companies optimize asset performance for efficiency, profitability, and sustainability with the goal of accelerating progress towards a zero carbon economy.
32% employee growth in 12 months
Our take
The green tech and sustainability market was worth around $10 billion in 2020, but it’s forecast to reach well above $70 billion by the end of the decade. The market is coming down with bright new ideas, from urban hydroponic farms to electric vehicle logistics startups.
QiO Technologies however, believes that the first rule for sustainability is to work out how to make better use of what you already have before chasing down new solutions. The company offers a suite of AI-powered data analytics tools to help industrial and manufacturing companies measure, optimize and maintain asset performance.
Though powered by complex tech, QiO’s solutions are staggeringly simple – better energy efficiency, longer asset life cycles, less environmental impact. Since launching in 2015, It’s grown popular with some huge companies too; The NHS, BT, and Rolls Royce are all customers.
Given the scale of the industry it’s operating in and the big reputation of some of its existing customer base, QiO looks well equipped for further growth in the future.
Steph
Company Specialist at Welcome to the Jungle
Benefits
- Industry standard paid holidays
- Year end bonus subject to performance
- Employee Stock Ownership Plan
- Health Insurance
- Pension
- A high degree of work from home flexibility
Funding (last 2 of 7 rounds)
Feb 2023
$10m
SERIES B
Jul 2020
$2m
CONVERTIBLE
Total funding: $28.7m
Leadership
Rick Haythornthwaite
(Chairman)As well as being Qio’s Co-founder and Chairman, is Chairman of the FTSE-listed Ocado Group plc, the AA (Automobile Association) and sustainability consultancy Xynteo. Former Chairman of MasterCard Inc, former CEO of Invensys and Blue Circle Industries.