mCloud

company

About

MCloud is an IoT connected asset care cloud solution company.

Details

Last Funding Type
Post-IPO Equity
Last Funding Money Raised
$10.50M
Industries
Analytics,Artificial Intelligence,Internet of Things
Founded date
Jan 1, 2010
Number Of Employee
101 - 250
Operating Status
Active
Stock Symbol
cve:MCLD
Legal Name
mCloud Technologies Corp.
Also Known As
Universal mCloud

MCloud creates a future with the use of AI and analytics, curbing energy waste, maximizing energy production, and getting the most out of critical energy infrastructure. Through mCloud’s AI-powered AssetCare platform, the company offers complete asset management solutions to three distinct segments: smart facilities, power generation, and process industries including oil and gas. IoT sensors bring data from connected assets into the cloud, where AI and analytics are applied to maximize their performance.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
10
$34.68M $88.83M
mCloud has raised a total of $34.68M $88.83M in funding over 2 rounds. Their latest funding was raised on Dec 28, 2022 from a Post-IPO Equity round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Dec 28, 2022 Post-IPO Equity $10.50M Detail
Nov 10, 2022 Post-IPO Equity $18M Detail
Nov 25, 2021 Post-IPO Debt $5M 1 ATB Financial Detail
Jan 22, 2021 Post-IPO Debt $6.18M Detail
Jul 16, 2020 Post-IPO Equity $15.50M Detail

Investments

Number of Investments
Number of Lead Investments
14
0
mCloud has made 14 investments. Their most recent investment was on Jun 15, 2022, when DAOLens raised $5M.
Date Company Name
Round Money Raised Industry Lead Investor
Jun 15, 2022 DAOLens
Pre-seed $5M Blockchain
Jan 25, 2022 Flint
Seed $5.10M Apps
Nov 10, 2021 Prodo
Pre-seed $400K Manufacturing
Jul 14, 2021 Multiplier
Seed $4M Compliance
Feb 3, 2020 fleetx.io
Series A $2.80M Analytics

Investors

Number of Lead Investors
Number of Investors
1
1
mCloud is funded by 1 investors. ATB Financial are the most recent investors.
Investor Name Lead Investor Funding Round
ATB Financial Yes Post-IPO Debt

Employee Profiles

Number of Employee Profiles
6
mCloud has 6 current employee profiles, including Employee Vincent Higgins
Employee
Executive
Executive
Executive
Executive

Acquisition

mCloud has acquired 7 organizations. Their most recent acquisition was NGRAIN on Jan 5, 2018. They acquired NGRAIN for 0.

Date Company Name
Industry Acquisition Type Price
Jan 5, 2018 NGRAIN
3D Technology acquisition Detail
Analytics acquisition Detail
Industrial Automation acquisition Detail
Information Technology acquisition Detail
Feb 10, 2020 BuildingIQ
Energy acquisition Detail