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Ecotrak Raises $30 Million in Funding

Ecotrak, an Irvine, CA-based company that provides an intelligent facility management platform, has raised $30 million in funding.

Ben Murray profile image
by Ben Murray
Ecotrak Raises $30 Million in Funding

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/

Ben Murray profile image
by Ben Murray

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