How Much Did Record360 Raise?
Funding & Key Investors

Record360 has successfully secured a significant capital injection, bringing its total funding to $2.1M. This latest round, characterized by a $500K strategic investment, underscores the company's growing influence in the digital inspection sector. By leveraging this influx of financing, the firm is well-positioned to accelerate its market penetration and enhance its core product offerings for heavy equipment and automotive industries.

The trajectory of Record360 reflects a robust growth narrative, moving from initial seed-stage backing to more substantial private equity support. This progression highlights investor confidence in the company's ability to solve critical operational inefficiencies through its proprietary inspection technology.

What is Record360?

Record360
SoftwareSupply Chain Management (SCM) SoftwareMobile App Development

Record360 provides a sophisticated digital inspection platform designed to streamline asset condition reporting through high-fidelity photos, videos, and electronic signatures. Its flagship product, InspectPro, serves as a vital tool for businesses operating in the heavy equipment, trucking, and automotive rental sectors. By digitizing the documentation process, the platform effectively mitigates the risk of damage disputes and significantly improves rental return on investment (ROI).

The company occupies a strategic position in the enterprise software market, offering a seamless integration layer that fits into existing operational workflows. By ensuring compliance and providing comprehensive audit trails, Record360 enables organizations to maintain high standards of asset management while reducing the administrative burden associated with claims processing and equipment maintenance.

How much funding has Record360 raised?

Record360 has raised a total of $2.1M across 2 funding rounds:

2015

Angel/Seed

$1.6M

2017

Private Equity

$500K

Angel/Seed (2015): $1.6M with participation from alliance of angels and Bellingham Angel Investors

Private Equity (2017): $500K led by Bellingham Angel Investors and Alliance of Angels

Key Investors in Record360

Bellingham Angel Investors

Bellingham Angel Investors is a venture capital firm established in 2005 that focuses on identifying and supporting high-potential early to middle-stage companies.

Alliance of Angels

As Seattle’s leading network of angel investors, this group provides critical seed-stage financing and mentorship to high-growth startups across the Pacific Northwest.

What's next for Record360?

With the recent infusion of capital, Record360 is poised to scale its enterprise-level operations and expand its footprint across diverse industrial sectors. The strategic focus will likely center on enhancing the InspectPro feature set, potentially incorporating advanced analytics or automated condition assessment tools to further differentiate its market offering. As the company matures, the emphasis will shift toward deepening its integration capabilities with major fleet management systems, thereby cementing its role as an essential component of the modern industrial tech stack. This phase of development is critical for transitioning from a specialized solution provider to a foundational platform for asset-heavy enterprises.

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Frequently Asked Questions Regarding Record360 Financial Insights

What are the most recent funding rounds that Record360 has completed, and what were the funding rounds?
Record360 has recently completed 2 funding rounds: Private Equity on Feb 14, 2017, Angel/Seed on Jul 23, 2015.
What is the total amount of funding Record360 has raised to date?
Record360 has raised a total of $2.1M in funding to date.
How many funding rounds has Record360 completed?
Record360 has completed 2 funding rounds.
How much funding did Record360 raise in its most recent funding round?
Record360 raised $500K in its most recent funding round.
Who are the lead investors in Record360's latest funding round?
The lead investor in Record360's latest funding round was Bellingham Angel Investors. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Record360's history?
The largest funding round in Record360's history was $1.6M.
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