Easy Metrics, a Bellevue, WA-based provider of a labor analytics platform for warehouses and manufacturers, raised $31 million in funding.
Investors
The investment was from Nexa Equity, a San Francisco, CA-based private equity firm that partners with founder-led, rapidly scaling SaaS companies that address markets underserved by technology to create enduring value for the benefit of its investors and portfolio companies. The firm has more than $350 million in private equity capital under management.
Easy Metrics Use of Funds
The company will use the funding to accelerate product development, expand organizational capacity, and pursue strategic acquisitions.
About Easy Metrics
Easy Metrics offers a comprehensive suite of products designed to deliver actionable insights and drive efficiency gains across various aspects of labor management. Easy Metrics' software platform empowers operations teams to minimize waste, drive efficiencies, and cultivate a more engaged and productive workforce. Trusted by leading global logistics, retail, and third-party logistics companies, Easy Metrics currently serves over 250 facilities across more than 50 customers, ranging from Fortune 500 enterprises to mid-market businesses. Easy Metrics is based in Bellevue, Washington.
Funding Details
Company: Easy Metrics, Inc.
Raised: $31.0M
Round: Growth Round
Funding Month: May 2024
Lead Investors: Nexa Equity
Additional Investors:
Company Website: https://www.easymetrics.com/
Software Category: Labor Analytics
Source: https://www.businesswire.com/news/home/20240521620876/en/