About Ecotrak
Ecotrak is a company based in Irvine (United States) founded in 2015 by David Bennett and Erich Munzner was acquired by GRYB in June 2022.. Ecotrak has raised $32.09 million across 4 funding rounds from investors including GRYB, Respida Capital and Carver Road Hospitality. Ecotrak offers products and services including Asset Management, Work Order Management, Parts & Inventory Management, Service Provider Directory, and Reporting & Analytics. Ecotrak operates in a competitive market with competitors including Fiix, Landis+Gyr, MRI Software, Tibber and Span.IO, among others.
- Headquarter Irvine, United States
- Founders David Bennett, Erich Munzner
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Sectors
Business ServicesEnergy & Utilities Real Estate & Construction
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Email
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Phone
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Website
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Social
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- Legal Name Ecotrak, Llc
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Products & Services of Ecotrak
Ecotrak offers a comprehensive portfolio of products and services, including Asset Management, Work Order Management, Parts & Inventory Management, Service Provider Directory, and Reporting & Analytics. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Tool to track and optimize assets for efficient maintenance.
System to organize and prioritize work orders effectively.
Platform to control stock and ensure availability of parts.
Access to trusted vendors for streamlined service requests.
Provides insights for data-driven operational decisions.
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Funding Insights of Ecotrak
Ecotrak has successfully raised a total of $32.09M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $30 million completed in April 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Series A — $30.0M
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First Round
First Round
(17 Mar 2020)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Apr, 2024 | Amount | Series A - Ecotrak | Valuation | Respida Capital | |
| Jul, 2023 | Amount | Seed - Ecotrak | Valuation |
investors |
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| Feb, 2023 | Amount | Seed - Ecotrak | Valuation | Gala Capital Partners |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Ecotrak
Ecotrak has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include GRYB, Respida Capital and Carver Road Hospitality. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Founded Year | Domain | Location | |
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PE firm investing in the US
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Rellevant Partners is focused on early-stage growth equity investments.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Ecotrak
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Ecotrak
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Ecotrak Comparisons
Competitors of Ecotrak
Ecotrak operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Fiix, Landis+Gyr, MRI Software, Tibber and Span.IO, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Cloud-based CMMS software is utilized for organizing commercial maintenance activities.
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End-to-end energy management solutions are provided for utilities worldwide.
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Property management software is provided for residential and commercial properties.
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| domain | founded_year | HQ Location |
Provider of solutions for energy monitoring for residential building
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| domain | founded_year | HQ Location |
Smart panels for home energy management are provided by Span.IO.
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| domain | founded_year | HQ Location |
Software for property maintenance, asset management, and leasing is developed.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Ecotrak
Frequently Asked Questions about Ecotrak
When was Ecotrak founded?
Ecotrak was founded in 2015 and raised its 1st funding round 5 years after it was founded.
Where is Ecotrak located?
Ecotrak is headquartered in Irvine, United States. It is registered at Irvine, California, United States.
Who is the current CEO of Ecotrak?
Matt Singer is the current CEO of Ecotrak.
Is Ecotrak a funded company?
Ecotrak is a funded company, having raised a total of $32.09M across 4 funding rounds to date.
What does Ecotrak do?
Ecotrak was founded in 2015 and is based in Irvine, United States. SaaS-driven computerized maintenance management system (CMMS) software is offered to sectors such as restaurants, healthcare, automotive, convenience stores, and retail. Services include management of service requests, repairs, and replacements; tracking of asset life cycles; handling of actionable data; reporting on repairs and maintenance; analytics; and cost management. Operations focus on facilitating maintenance and asset oversight in commercial environments.
Who are the top competitors of Ecotrak?
Ecotrak's top competitors include Landis+Gyr, Span.IO and Happy.
What products or services does Ecotrak offer?
Ecotrak offers Asset Management, Work Order Management, Parts & Inventory Management, Service Provider Directory, and Reporting & Analytics.
Who are Ecotrak's investors?
Ecotrak has 5 investors. Key investors include GRYB, Respida Capital, Carver Road Hospitality, Gala Capital Partners, and Rellevant Partners.
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