How Much Did Record360 Raise?
Funding & Key Investors

Record360 has secured significant enterprise-level funding, with a recent major strategic investment bringing its total capital raised to $2.1M. The company's latest funding round, which occurred on February 14, 2017, underscores its continued growth and market traction in the digital inspection software sector.

What is Record360?

Record360
SoftwareSupply Chain Management (SCM) SoftwareMobile App Development

Record360 provides a robust digital inspection software solution, InspectPro, engineered for rapid data capture through photos, videos, and signatures. This technology is pivotal in mitigating disputes and accelerating claims processing, particularly within the heavy equipment, truck, and auto industries. By offering clear, verifiable documentation of asset conditions, Record360 empowers businesses to enhance their rental return on investment and streamline operational workflows. The platform's seamless integration capabilities and comprehensive support resources facilitate adoption across a wide spectrum of clients, from small enterprises to large corporations, ensuring adherence to quality and compliance standards.

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 Bellingham Angel Investors and alliance of angels

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, focusing on investment opportunities in early to middle-stage companies.

Alliance of Angels

Alliance of Angels is a leading network of angel investors in Seattle, dedicated to providing startup funding and seed-stage investment to early-stage companies in the Pacific Northwest, with a focus on technology, hardware, consumer, and life sciences.

alliance of angels

Undisclosed investor participating in the funding round.

What's next for Record360?

The substantial enterprise-level backing and recent strategic investment signal a strong trajectory for Record360. This capital infusion is expected to fuel further product development, market expansion, and enhanced customer acquisition strategies. The company's focus on streamlining complex inspection processes for high-value assets positions it for continued leadership in the digital inspection software market, likely leading to further scaling and potential new service offerings.

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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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