Ecotrak, an Irvine, CA-based company that provides an intelligent facility management platform, has raised $30 million in funding.
Investors
The round was led by Respida Capital, with participation from Carver Road Capital and existing investor Gala Capital Partners.
Respida Capital is a private investment firm based in Miami, Florida. The firm invests in the information technology, SaaS, and TMT sectors.
Ecotrak Use of Funds
The company will use the funds to further accelerate its product development and go-to-market efforts.
About Ecotrak
Ecotrak is a SaaS company that provides facility management software for multi-site owners and operators of restaurants, convenience stores, grocery stores, and countless other businesses. Its platform combines asset-specific data at a granular level, automation, and predictive analytics with a large network of service providers. Founded in 2018 and headquartered in Irvine, California, Ecotrak's mission is to empower businesses with actionable information to make better business decisions. Its customers include Inspire Brands, Flynn Group, Dutch Bros Coffee, and Dave & Buster's.
Funding Details
Company: Ecotrak, LLC
Raised: $30.0M
Round: Unknown
Funding Month: April 2024
Lead Investors: Respida Capital
Additional Investors: Carver Road Capital, Gala Capital Partners
Company Website: https://ecotrak.com/
Software Category: Facility Management
Source: https://www.eu-startups.com/2024/04/london-based-lawhive-an-ai-powered-platform-for-lawyers-secures-over-e11-million-in-seed-funding/