What is EcoSMART Technologies?
EcoSMART Technologies, a division of the Kittrich Corporation, distinguishes itself in the consumer goods sector by specializing in environmentally friendly pest control, lawn and garden care, insect repellents, and pet care products. Formulated from essential plant oils, their offerings prioritize safety for children and pets, aligning with a growing consumer demand for natural alternatives. The company's philosophy centers on leveraging the natural defenses of plants, providing effective solutions that avoid long-term pesticide residues. With over two decades of professional trust, EcoSMART aims to foster a connection between consumers and nature through its safe and efficacious product lines.
How much funding has EcoSMART Technologies raised?
EcoSMART Technologies has raised a total of $9M across 2 funding rounds:
Unspecified
$5M
Debt
$4M
Unspecified (2008): $5M with participation from Early Stage Partners, Draper Associates, Industrial Technology Ventures, RockPort Capital Partners, Delta Ventures, and Element Partners
Debt (2009): $4M, investors not publicly disclosed
Key Investors in EcoSMART Technologies
Early Stage Partners
Early Stage Partners is a venture capital firm established in 2001, focused on supporting technology companies in the Midwest. The firm provides capital, advice, and connections to promising early-stage companies, aiming to foster success for entrepreneurs and investors alike.
Draper Associates
Draper Fisher Jurvetson is a leading venture capital firm with a global presence through a network of affiliated funds, with offices in more than 30 cities around the world and approximately $6 Billion in capital commitments. DFJ's mission is to identify, serve and provide capital for extraordinary entrepreneurs anywhere who are determined to change the world.
Industrial Technology Ventures
Cordova Ventures, founded in 1989, is an Atlanta-based venture capital firm representing approximately $270 million under management in seven funds and is one of the most experienced firms in the Southeast. Cordova invests in seed, start-up and early-stage opportunities in areas such as information technology, industrial and manufacturing technologies, communications, financial services, life sciences and general healthcare.
What's next for EcoSMART Technologies?
The recent strategic investment in EcoSMART Technologies, following substantial prior enterprise-level backing, indicates a strong market validation and a clear trajectory for scaling operations. This capital is expected to fuel further research and development into innovative, plant-based formulations, enhance manufacturing capabilities, and expand distribution channels to reach a broader consumer base. The company's focus on sustainable and safe products positions it favorably within an increasingly eco-conscious market, suggesting potential for significant market share growth and industry leadership in the green consumer products space.
See full EcoSMART Technologies company page
