How Much Did Ecotrak Raise?
Funding & Key Investors

Ecotrak, a prominent player in the enterprise facility and asset management software sector, has successfully secured a major strategic investment. This latest infusion of capital, totaling $30M, underscores the company's robust trajectory within the competitive SaaS landscape. With a cumulative financial backing of $30.4M, the organization is well-positioned to accelerate its market penetration and enhance its technological infrastructure for a diverse client base ranging from franchises to large-scale public enterprises.

What is Ecotrak?

Ecotrak
SoftwareEnterprise Resource Planning (ERP)

Ecotrak operates as a high-growth SaaS provider, fundamentally disrupting the traditional facilities management industry. By offering a centralized, cloud-based platform, the company enables businesses to streamline asset tracking and facility maintenance operations. The platform serves as a critical digital backbone for organizations seeking to optimize operational efficiency, reduce overhead costs, and maintain rigorous compliance standards across multiple locations. Through its intuitive interface and data-driven insights, Ecotrak has established itself as a leader in the digital transformation of facility management, providing the necessary tools for modern enterprises to manage complex physical assets with unprecedented visibility and control.

How much funding has Ecotrak raised?

Ecotrak has raised a total of $30.4M across 3 funding rounds:

2020

Debt

$150K

2021

Debt

$208K

2024

Other Financing Round

$30M

Debt (2020): $150K with participation from PPP

Debt (2021): $208K led by PPP

Other Financing Round (2024): $30M supported by Respida Capital and Gala Capital Partners

Key Investors in Ecotrak

Respida Capital

Respida Capital is an investment firm operating within the financial services sector, with a focused emphasis on partnering with growth-oriented software companies.

Gala Capital Partners

Gala Capital Partners is a private investment firm with a demonstrated track record of partnering with founders and management teams to produce creatively structured investment solutions.

PPP

Public-Private Partnership

What's next for Ecotrak?

Following this major strategic investment, Ecotrak is poised to enter a new phase of enterprise-level scaling. The capital will likely be deployed to bolster product development, specifically focusing on advanced predictive maintenance analytics and expanded integration capabilities for global enterprise clients. As the company matures, the focus will shift toward deepening its market share in the franchise sector while simultaneously exploring new verticals that require sophisticated asset management solutions. By leveraging the operational expertise of its investment partners, Ecotrak is set to solidify its position as the industry standard for facility management software, ensuring long-term sustainability and continued innovation in an increasingly digitized global economy.

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Frequently Asked Questions Regarding Ecotrak Financial Insights

What are the most recent funding rounds that Ecotrak has completed, and what were the funding rounds?
Ecotrak has recently completed 3 funding rounds: Other Financing Round on Apr 15, 2024, Debt on Mar 20, 2021, Debt on Apr 8, 2020.
What is the total amount of funding Ecotrak has raised to date?
Ecotrak has raised a total of $30.4M in funding to date.
How many funding rounds has Ecotrak completed?
Ecotrak has completed 3 funding rounds.
How much funding did Ecotrak raise in its most recent funding round?
Ecotrak raised $30M in its most recent funding round.
Who are the lead investors in Ecotrak's latest funding round?
The lead investor in Ecotrak's latest funding round was Respida Capital. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Ecotrak's history?
The largest funding round in Ecotrak's history was $30M.
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