SaaS Company Ecotrak Raises $30M in Growth Funding

The company helps businesses reduce the time, expenses and risk associated with facilities management.

Published on Apr. 15, 2024
SaaS Company Ecotrak Raises $30M in Growth Funding
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Ecotrak, an Irvine-based SaaS provider, has announced the completion of a $30 million funding round led by Respida Capital. The company works to equip organizations with actionable information to help them make better business decisions.

Ecotrak works to simplify facilities management through web and mobile applications. Its platform combines asset-specific data, automation and predictive analytics to reduce equipment downtime and maximize warranty claims. The company has experienced rapid growth and works with customers such as Inspire Brands, Flynn Group, Dutch Bros Coffee and Dave & Buster’s.

With its fresh capital, Ecotrak plans to accelerate product development and go-to-market efforts. It hopes to further capitalize on opportunities to deliver customer impact and solidify its market position within the enterprise asset management space.

This article was written by Writer, a generative AI tool, using information from press releases and company blogs provided by our staff. All content was reviewed by a Built In editor and went through a fact-checking process to ensure accuracy. Errors can be reported to our team at [email protected].

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