Ecotrak Secures $30M in Funding

April 16, 2024, 3:31 am
Ecotrak Facility Management Software
Ecotrak Facility Management Software
Location: United States, California, Irvine
Employees: 11-50
Founded date: 2018
Total raised: $30M
Irvine-based Ecotrak, a software developer specializing in facility management, has successfully raised $30 million in a recent funding round. The funding was spearheaded by Respida Capital, with additional contributions from Carver Road Capital and Gala Capital Partners, an existing investor in the company. Ecotrak plans to allocate the funds towards enhancing product development and expanding its market reach.

Ecotrak's facility management software has garnered attention from prominent clients such as Inspire Brands, Flynn Group, Dutch Bros Coffee, and Dave & Buster's. CEO Matt Singer leads the charge at Ecotrak, steering the company towards innovation and growth in the competitive tech landscape.

The intelligent facility management platform offered by Ecotrak streamlines operations for multi-site businesses, including restaurants, convenience stores, and grocery stores. By leveraging modern web and mobile applications, Ecotrak empowers owners and operators with asset-specific data, automation, and predictive analytics. The platform also boasts a robust network of service providers to support its customers' needs.

In a statement regarding the funding round, Matt Singer emphasized Ecotrak's commitment to driving operational efficiency and delivering measurable results for clients. The investment will enable Ecotrak to seize new opportunities, strengthen its market position, and continue pioneering advancements in enterprise asset management.

With a focus on scalability, analytics, and automation, Ecotrak is poised to make a significant impact in the facility management sector. The company's dedication to innovation and customer success sets it apart as a leader in the industry, poised for continued growth and success in the future.