Ecotrak, headquartered in Irvine, CA, has successfully raised $30M in funding to bolster its intelligent facility management platform.
The investment round was spearheaded by Respida Capital, accompanied by contributions from Carver Road Capital and existing investor Gala Capital Partners.
The infusion of capital will be directed towards accelerating product development initiatives and amplifying the company’s go-to-market strategies.
Under the leadership of CEO Matt Singer, Ecotrak revolutionizes facilities management with its user-friendly web and mobile applications tailored for multi-site proprietors across various industries such as restaurants, convenience stores, and grocery chains. The platform amalgamates asset-specific data with sophisticated automation and predictive analytics, complemented by an extensive network of service providers.
Noteworthy clientele of Ecotrak comprises esteemed brands like Inspire Brands, Flynn Group, Dutch Bros Coffee, and Dave & Buster’s.
In response to the funding announcement, CEO Matt Singer expressed, “As pioneers in enterprise asset management, Ecotrak empowers our clientele with operational scalability and tangible bottom-line enhancements through analytics and streamlined workflows. This investment enables us to seize new growth opportunities and solidify our foothold in the market.”
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By Proptechbuzz
By Ravi Kumar
