What is Record360?
Record360 provides digital inspection software solutions tailored for rapid inspections, leveraging photos, videos, and signatures to mitigate disputes and expedite claims processing within the heavy equipment, trucking, and automotive industries. Its flagship product, InspectPro, is engineered to eliminate damage-related disagreements and enhance rental return on investment through meticulous asset condition documentation. The platform offers seamless integration with existing operational workflows and provides comprehensive support resources for onboarding and ongoing assistance. Record360 serves a broad spectrum of clients, from small enterprises to large corporations, ensuring adherence to quality standards and regulatory compliance across diverse market segments.
How much funding has Record360 raised?
Record360 has raised a total of $2.1M across 2 funding rounds:
Angel/Seed
$1.6M
Private Equity
$500K
Angel/Seed (2015): $1.6M with participation from Bellingham Angel Investors and alliance of angels
Private Equity (2017): $500K led by Alliance of Angels and Bellingham Angel Investors
Key Investors in Record360
Alliance of Angels
Alliance of Angels is a leading angel investor network focused on providing startup funding and seed stage investment to early-stage companies, particularly in technology and life sciences.
Bellingham Angel Investors
Bellingham Angel Investors is a venture capital firm established in 2005, seeking investment opportunities in early to middle-stage companies.
What's next for Record360?
The recent major strategic investment positions Record360 for significant expansion and product development. This capital infusion is likely to fuel advancements in their digital inspection software, potentially broadening their market reach and enhancing their competitive edge. Future initiatives may include further integration capabilities, exploring new industry verticals, and scaling their operational capacity to meet growing enterprise demand. The company's focus on dispute reduction and improved ROI for clients suggests a continued emphasis on delivering tangible value and solidifying its role as a key player in asset documentation and management.
See full Record360 company page
