Ecotrak Completes $30 million Funding Round

Investment Will Accelerate Product Innovation and Market Penetration

 
 

[IRVINE, CALIFORNIA, April 15, 2024]Ecotrak, the leading intelligent facility management platform, today announced the completion of a $30 million funding round. Funding led by Respida Capital, with participation from Carver Road Capital, and existing investor Gala Capital Partners.

The capital infusion follows another record-breaking year for Ecotrak and will further accelerate the company’s product development and go-to-market efforts. Ecotrak has experienced rapid growth, driven by its unrivaled ability to provide insight into enterprise facilities and assets, which generates significant ROI for customers like Inspire Brands,  Flynn Group, Dutch Bros Coffee and Dave & Buster's.

Ecotrak simplifies facilities management through modern web and mobile applications for multi-site owners and operators of restaurants, convenience stores, grocery stores, and countless other businesses. The Ecotrak platform combines asset-specific data at a granular level, automation and predictive analytics with a large network of service providers. The result is a modern and easy to execute workflow that reduces equipment downtime and maximizes warranty claims.

"We are excited to partner with experienced operators and technology investors who can help accelerate our growth strategy," said Matt Singer, CEO. "As pioneers of enterprise asset management, Ecotrak drives operational scale for our customers and delivers tangible bottom-line impact through analytics and work automation. This investment allows us to further capitalize on these opportunities and solidify our market position.”

"We’re thrilled to be part of this exciting journey with Ecotrak,” said James Zubok, Founder and Managing Member of Respida Capital. “Their innovative approach in the rapidly growing facilities management market, integrating enterprise asset management with AI-powered analytics, creates a compelling formula for success.”

“With our experience operating premier hospitality destinations, we understand the critical importance of having detailed asset information readily accessible,” said Sean Christie, co-founder and CEO of Carver Road Capital. “Combining this information with connections to service providers is critical to efficient facilities management, and ensuring unparalleled guest experiences.”

To learn more about Ecotrak Facility Management Software, visit www.ecotrak.com.

About Ecotrak

Ecotrak is changing the way work is done by pioneering the first Intelligent Facilities Management SaaS platform for multi-site businesses. Ecotrak’s Enterprise Asset Management Solution combines AI-enabled software with a network of highly trained service providers to digitally automate repair and maintenance workflows. Founded in 2018 and headquartered in Irvine, California, Ecotrak’s mission is to empower businesses with actionable information to make better business decisions. Customers such as Inspire Brands, Flynn Group, Dutch Bros Coffee and Dave & Buster’s are reducing time, expenses and risk associated with facilities management. Learn more at ecotrak.com.

Source: Ecotrak, LLC.

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Sip and Savor – Facilitator Magazine

New integration to help customers save time, streamline operations and scale growth

[IRVINE, CALIFORNIA, March 16, 2023]Ecotrak, the leading enterprise facility management software for businesses, today announced a new strategic partnership with Leasecake, a cloud-based operating system for lease and location management. The collaboration will allow customers to better manage locations, growth, assets, and facilities across platforms.

The integration bridges the communication gap between real estate, construction, and facilities teams during new location openings and turnover. Customers can easily manage properties and assets across platforms, accessing business-critical agreements such as contracts, permits, licenses, warranties, and insurance documents.

“As businesses grow, it becomes increasingly challenging to manage thousands of locations and assets. We are excited to bring Leasecake’s revolutionary location management platform to our customers, enabling facilities, real estate and construction teams to be organized, compliant and on the same page,” said Matt Singer, Ecotrak CEO.

The collaboration enables Ecotrak and Leasecake customers to connect real-estate lifecycle data to asset lifecycle data. This integration is available to Ecotrak and Leasecake customers.

“By leveraging Ecotrak’s facility management solution, we’re privileged to accelerate the power of asset management for our respective customers.  As leaders in our respective industries, whether retail, restaurants, and franchises, the opportunity to create new efficiencies that drive revenue is unparalleled,” said Taj Adhav, Leasecake CEO.

To learn more about Ecotrak Facility Management Software, visit www.ecotrak.com.

About Ecotrak

Ecotrak is the premier Facilities Management SaaS platform - revolutionizing facilities using an asset first methodology, mobile-first technology, and a data first approach. Founded in 2018 and headquartered in Irvine, California, Ecotrak’s mission is to empower businesses with actionable information to make better business decisions. Customers such as Inspire Brands, Flynn Restaurant Group, Texas Roadhouse and Dutch Bros save thousands per month on repairs & maintenance and increase efficiency using the platform. For more information, visit ecotrak.com.

About Therma

Leasecake is the lease and location management operating system for private-equity firms, franchises, corporate tenants, and brokers. The intuitive SaaS platform provides fast answers, proactive awareness, and actionable intelligence for easy collaboration across all mission-critical, time-sensitive events, simplifying productivity across distributed teams. As a future-of-work platform, Leasecake’s shareability also supports service providers, adds value for their clients, and helps businesses that lease or own locations grow revenue, save time, and better manage growth.

Source: Ecotrak, LLC.

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Download official Ecotrak logos, badges and usage guidelines.

Ecotrak Redesigns Desktop Application for Maximum Usability, Visibility and Efficiency in Facilities Management

Modern, intuitive design empowering teams to navigate a high volume of work orders, assets, invoices, and proposals at scale.

 
 

[IRVINE, CALIFORNIA, September 25, 2023] — Today Ecotrak, the leading facility and asset management platform for businesses, announced a complete redesign of their desktop application, offering facilities professionals, operators, and service providers an overall better user experience. The new design is a result of extensive user testing, feedback, research, and development aimed at improving the overall functionality of the platform while solving today’s facility management challenges.

The new design delivers a clean and modern dashboard to give customers real-time visibility into facilities, while putting more controls at the users’ fingertips. The navigation has been simplified, and the search functionality has been improved to enable users to find work orders, assets, proposals, invoices, and data faster.

Ecotrak is packed with new features that will help users take quick actions. Facility teams can now place a service request from anywhere in the application. Powerful enhancements have been made to the dashboard, search, navigation, notifications, communications, workflows, warranty information and across all modules to save time.

"This is the largest desktop redesign since Ecotrak’s inception," said Kaveh Mirzaei, Vice President of Technology. "We've taken a thoughtful approach to ensure that the platform meets the needs of our customers and service providers, delivers value, and a more engaging and intuitive experience.

This release is among the first in a series of innovative feature releases to come in 2023.

"We've listened to feedback from our users and used it to guide the redesign process, resulting in a platform that's easier to use, faster, and more visually appealing,” said Daniel Castleman, Director of Product Management.

To learn more about Ecotrak Facility Management Software, visit www.ecotrak.com.

About Ecotrak

Ecotrak is the premier Facilities Management SaaS platform - revolutionizing facilities using an asset first methodology, mobile-first technology, and a data first approach. Founded in 2018 and headquartered in Irvine, California, Ecotrak’s mission is to empower businesses with actionable information to make better business decisions. Customers such as Inspire Brands, Flynn Restaurant Group, Texas Roadhouse and Dutch Bros save thousands per month on repairs & maintenance and increase efficiency using the platform. For more information, visit ecotrak.com.

Source: Ecotrak, LLC.

Logo + Usage Guidelines

Download official Ecotrak logos, badges and usage guidelines.

Matt Singer, Ecotrak CEO & COO Mike Snyder on CMMS Radio

New integration to help customers save time, streamline operations and scale growth

[IRVINE, CALIFORNIA, March 16, 2023]Ecotrak, the leading enterprise facility management software for businesses, today announced a new strategic partnership with Leasecake, a cloud-based operating system for lease and location management. The collaboration will allow customers to better manage locations, growth, assets, and facilities across platforms.

The integration bridges the communication gap between real estate, construction, and facilities teams during new location openings and turnover. Customers can easily manage properties and assets across platforms, accessing business-critical agreements such as contracts, permits, licenses, warranties, and insurance documents.

“As businesses grow, it becomes increasingly challenging to manage thousands of locations and assets. We are excited to bring Leasecake’s revolutionary location management platform to our customers, enabling facilities, real estate and construction teams to be organized, compliant and on the same page,” said Matt Singer, Ecotrak CEO.

The collaboration enables Ecotrak and Leasecake customers to connect real-estate lifecycle data to asset lifecycle data. This integration is available to Ecotrak and Leasecake customers.

“By leveraging Ecotrak’s facility management solution, we’re privileged to accelerate the power of asset management for our respective customers.  As leaders in our respective industries, whether retail, restaurants, and franchises, the opportunity to create new efficiencies that drive revenue is unparalleled,” said Taj Adhav, Leasecake CEO.

To learn more about Ecotrak Facility Management Software, visit www.ecotrak.com.

About Ecotrak

Ecotrak is the premier Facilities Management SaaS platform - revolutionizing facilities using an asset first methodology, mobile-first technology, and a data first approach. Founded in 2018 and headquartered in Irvine, California, Ecotrak’s mission is to empower businesses with actionable information to make better business decisions. Customers such as Inspire Brands, Flynn Restaurant Group, Texas Roadhouse and Dutch Bros save thousands per month on repairs & maintenance and increase efficiency using the platform. For more information, visit ecotrak.com.

About Therma

Leasecake is the lease and location management operating system for private-equity firms, franchises, corporate tenants, and brokers. The intuitive SaaS platform provides fast answers, proactive awareness, and actionable intelligence for easy collaboration across all mission-critical, time-sensitive events, simplifying productivity across distributed teams. As a future-of-work platform, Leasecake’s shareability also supports service providers, adds value for their clients, and helps businesses that lease or own locations grow revenue, save time, and better manage growth.

Source: Ecotrak, LLC.

Logo + Usage Guidelines

Download official Ecotrak logos, badges and usage guidelines.

The Future of Facility Management Software – Facilitator Magazine

New integration to help customers save time, streamline operations and scale growth

[IRVINE, CALIFORNIA, March 16, 2023]Ecotrak, the leading enterprise facility management software for businesses, today announced a new strategic partnership with Leasecake, a cloud-based operating system for lease and location management. The collaboration will allow customers to better manage locations, growth, assets, and facilities across platforms.

The integration bridges the communication gap between real estate, construction, and facilities teams during new location openings and turnover. Customers can easily manage properties and assets across platforms, accessing business-critical agreements such as contracts, permits, licenses, warranties, and insurance documents.

“As businesses grow, it becomes increasingly challenging to manage thousands of locations and assets. We are excited to bring Leasecake’s revolutionary location management platform to our customers, enabling facilities, real estate and construction teams to be organized, compliant and on the same page,” said Matt Singer, Ecotrak CEO.

The collaboration enables Ecotrak and Leasecake customers to connect real-estate lifecycle data to asset lifecycle data. This integration is available to Ecotrak and Leasecake customers.

“By leveraging Ecotrak’s facility management solution, we’re privileged to accelerate the power of asset management for our respective customers.  As leaders in our respective industries, whether retail, restaurants, and franchises, the opportunity to create new efficiencies that drive revenue is unparalleled,” said Taj Adhav, Leasecake CEO.

To learn more about Ecotrak Facility Management Software, visit www.ecotrak.com.

About Ecotrak

Ecotrak is the premier Facilities Management SaaS platform - revolutionizing facilities using an asset first methodology, mobile-first technology, and a data first approach. Founded in 2018 and headquartered in Irvine, California, Ecotrak’s mission is to empower businesses with actionable information to make better business decisions. Customers such as Inspire Brands, Flynn Restaurant Group, Texas Roadhouse and Dutch Bros save thousands per month on repairs & maintenance and increase efficiency using the platform. For more information, visit ecotrak.com.

About Therma

Leasecake is the lease and location management operating system for private-equity firms, franchises, corporate tenants, and brokers. The intuitive SaaS platform provides fast answers, proactive awareness, and actionable intelligence for easy collaboration across all mission-critical, time-sensitive events, simplifying productivity across distributed teams. As a future-of-work platform, Leasecake’s shareability also supports service providers, adds value for their clients, and helps businesses that lease or own locations grow revenue, save time, and better manage growth.

Source: Ecotrak, LLC.

Logo + Usage Guidelines

Download official Ecotrak logos, badges and usage guidelines.

Matt Singer, Ecotrak CEO on The Behind the Burner Podcast

New integration to help customers save time, streamline operations and scale growth

[IRVINE, CALIFORNIA, March 16, 2023]Ecotrak, the leading enterprise facility management software for businesses, today announced a new strategic partnership with Leasecake, a cloud-based operating system for lease and location management. The collaboration will allow customers to better manage locations, growth, assets, and facilities across platforms.

The integration bridges the communication gap between real estate, construction, and facilities teams during new location openings and turnover. Customers can easily manage properties and assets across platforms, accessing business-critical agreements such as contracts, permits, licenses, warranties, and insurance documents.

“As businesses grow, it becomes increasingly challenging to manage thousands of locations and assets. We are excited to bring Leasecake’s revolutionary location management platform to our customers, enabling facilities, real estate and construction teams to be organized, compliant and on the same page,” said Matt Singer, Ecotrak CEO.

The collaboration enables Ecotrak and Leasecake customers to connect real-estate lifecycle data to asset lifecycle data. This integration is available to Ecotrak and Leasecake customers.

“By leveraging Ecotrak’s facility management solution, we’re privileged to accelerate the power of asset management for our respective customers.  As leaders in our respective industries, whether retail, restaurants, and franchises, the opportunity to create new efficiencies that drive revenue is unparalleled,” said Taj Adhav, Leasecake CEO.

To learn more about Ecotrak Facility Management Software, visit www.ecotrak.com.

About Ecotrak

Ecotrak is the premier Facilities Management SaaS platform - revolutionizing facilities using an asset first methodology, mobile-first technology, and a data first approach. Founded in 2018 and headquartered in Irvine, California, Ecotrak’s mission is to empower businesses with actionable information to make better business decisions. Customers such as Inspire Brands, Flynn Restaurant Group, Texas Roadhouse and Dutch Bros save thousands per month on repairs & maintenance and increase efficiency using the platform. For more information, visit ecotrak.com.

About Therma

Leasecake is the lease and location management operating system for private-equity firms, franchises, corporate tenants, and brokers. The intuitive SaaS platform provides fast answers, proactive awareness, and actionable intelligence for easy collaboration across all mission-critical, time-sensitive events, simplifying productivity across distributed teams. As a future-of-work platform, Leasecake’s shareability also supports service providers, adds value for their clients, and helps businesses that lease or own locations grow revenue, save time, and better manage growth.

Source: Ecotrak, LLC.

Logo + Usage Guidelines

Download official Ecotrak logos, badges and usage guidelines.

Ecotrak Featured in The Restaurant Tech Ecosystem 2023

New integration to help customers save time, streamline operations and scale growth

[IRVINE, CALIFORNIA, March 16, 2023]Ecotrak, the leading enterprise facility management software for businesses, today announced a new strategic partnership with Leasecake, a cloud-based operating system for lease and location management. The collaboration will allow customers to better manage locations, growth, assets, and facilities across platforms.

The integration bridges the communication gap between real estate, construction, and facilities teams during new location openings and turnover. Customers can easily manage properties and assets across platforms, accessing business-critical agreements such as contracts, permits, licenses, warranties, and insurance documents.

“As businesses grow, it becomes increasingly challenging to manage thousands of locations and assets. We are excited to bring Leasecake’s revolutionary location management platform to our customers, enabling facilities, real estate and construction teams to be organized, compliant and on the same page,” said Matt Singer, Ecotrak CEO.

The collaboration enables Ecotrak and Leasecake customers to connect real-estate lifecycle data to asset lifecycle data. This integration is available to Ecotrak and Leasecake customers.

“By leveraging Ecotrak’s facility management solution, we’re privileged to accelerate the power of asset management for our respective customers.  As leaders in our respective industries, whether retail, restaurants, and franchises, the opportunity to create new efficiencies that drive revenue is unparalleled,” said Taj Adhav, Leasecake CEO.

To learn more about Ecotrak Facility Management Software, visit www.ecotrak.com.

About Ecotrak

Ecotrak is the premier Facilities Management SaaS platform - revolutionizing facilities using an asset first methodology, mobile-first technology, and a data first approach. Founded in 2018 and headquartered in Irvine, California, Ecotrak’s mission is to empower businesses with actionable information to make better business decisions. Customers such as Inspire Brands, Flynn Restaurant Group, Texas Roadhouse and Dutch Bros save thousands per month on repairs & maintenance and increase efficiency using the platform. For more information, visit ecotrak.com.

About Therma

Leasecake is the lease and location management operating system for private-equity firms, franchises, corporate tenants, and brokers. The intuitive SaaS platform provides fast answers, proactive awareness, and actionable intelligence for easy collaboration across all mission-critical, time-sensitive events, simplifying productivity across distributed teams. As a future-of-work platform, Leasecake’s shareability also supports service providers, adds value for their clients, and helps businesses that lease or own locations grow revenue, save time, and better manage growth.

Source: Ecotrak, LLC.

Logo + Usage Guidelines

Download official Ecotrak logos, badges and usage guidelines.

Ecotrak and Leasecake Partner to Offer Enterprise Asset and Lease Management at Scale

New integration to help customers save time, streamline operations and scale growth

[IRVINE, CALIFORNIA, March 16, 2023]Ecotrak, the leading enterprise facility management software for businesses, today announced a new strategic partnership with Leasecake, a cloud-based operating system for lease and location management. The collaboration will allow customers to better manage locations, growth, assets, and facilities across platforms.

The integration bridges the communication gap between real estate, construction, and facilities teams during new location openings and turnover. Customers can easily manage properties and assets across platforms, accessing business-critical agreements such as contracts, permits, licenses, warranties, and insurance documents.

“As businesses grow, it becomes increasingly challenging to manage thousands of locations and assets. We are excited to bring Leasecake’s revolutionary location management platform to our customers, enabling facilities, real estate and construction teams to be organized, compliant and on the same page,” said Matt Singer, Ecotrak CEO.

The collaboration enables Ecotrak and Leasecake customers to connect real-estate lifecycle data to asset lifecycle data. This integration is available to Ecotrak and Leasecake customers.

“By leveraging Ecotrak’s facility management solution, we’re privileged to accelerate the power of asset management for our respective customers.  As leaders in our respective industries, whether retail, restaurants, and franchises, the opportunity to create new efficiencies that drive revenue is unparalleled,” said Taj Adhav, Leasecake CEO.

To learn more about Ecotrak Facility Management Software, visit www.ecotrak.com.

About Ecotrak

Ecotrak is the premier Facilities Management SaaS platform - revolutionizing facilities using an asset first methodology, mobile-first technology, and a data first approach. Founded in 2018 and headquartered in Irvine, California, Ecotrak’s mission is to empower businesses with actionable information to make better business decisions. Customers such as Inspire Brands, Flynn Restaurant Group, Texas Roadhouse and Dutch Bros save thousands per month on repairs & maintenance and increase efficiency using the platform. For more information, visit ecotrak.com.

About Therma

Leasecake is the lease and location management operating system for private-equity firms, franchises, corporate tenants, and brokers. The intuitive SaaS platform provides fast answers, proactive awareness, and actionable intelligence for easy collaboration across all mission-critical, time-sensitive events, simplifying productivity across distributed teams. As a future-of-work platform, Leasecake’s shareability also supports service providers, adds value for their clients, and helps businesses that lease or own locations grow revenue, save time, and better manage growth.

Source: Ecotrak, LLC.

Logo + Usage Guidelines

Download official Ecotrak logos, badges and usage guidelines.

Ecotrak Partners With Therma to Monitor and Optimize Cooling Asset Performance

New IoT integration to help customers save time, energy, and maintenance costs by reducing equipment failures

[IRVINE, CALIFORNIA, March 1, 2022] — Ecotrak, a pioneer in enterprise asset management software, and Therma, an IoT-powered equipment monitoring and analytics platform, today announced a strategic partnership agreement that integrates Therma’s Cooling Intelligence Platform™ with Ecotrak Facility Management Software.

Through this partnership, Therma IoT sensors send temperature and humidity data directly into refrigeration and HVAC assets in Ecotrak, triggering real-time emergency alerts and intelligent workflows. Asset runtime hours and downtime events are also tracked and recorded, delivering sensor-driven insights on the lifecycle of the asset.

“Monitoring critical equipment with Therma IoT sensors is an important milestone for Ecotrak. This partnership accelerates our growth strategy to provide differentiated enterprise asset management solutions that extend a critical asset’s lifecycle and enhance our customers’ quality of life, bringing them additional visibility and peace of mind,” said Matt Singer, Ecotrak CEO. “Together, we can predict and prevent unplanned equipment downtime before it disrupts the business.”

The collaboration enables Ecotrak and Therma customers to reduce food waste, carbon emissions, plus save time, energy, and maintenance costs.

“We’re excited to partner with Ecotrak in providing IoT technology to further optimize asset performance,” said CEO and Co-Founder Manik Suri. “Combining Therma’s Cooling Intelligence Platform™ with Ecotrak’s asset management expertise will create even more value for our collective customers.”

To learn more about Ecotrak Facility Management Software, visit www.ecotrak.com.

About Ecotrak

Ecotrak is the premier Facilities Management SaaS platform - revolutionizing facilities using an asset first methodology, mobile-first technology, and a data first approach. Founded in 2018 and headquartered in Irvine, California, Ecotrak’s mission is to empower businesses with actionable information to make better business decisions. Customers such as Inspire Brands, Flynn Restaurant Group, Texas Roadhouse and Dutch Bros save thousands per month on repairs & maintenance and increase efficiency using the platform. For more information, visit ecotrak.com.

About Therma

Therma° is combating climate change by building the smart cold chain. IoT-powered temperature monitoring and analytics prevent food, product, and energy waste - leading drivers of climate change. Therma° has partnered with national restaurant brands and supply chain leaders in food and healthcare to increase profits while protecting our planet. To learn more, visit www.hellotherma.com or follow on Twitter, Facebook, and LinkedIn: @HelloTherma.

Source: Ecotrak, LLC.

Therma Media Contact
Aaron Cohen
aaron@hellotherma.com

Logo + Usage Guidelines

Download official Ecotrak logos, badges and usage guidelines.

Ecotrak Completes $30 million Funding Round

Ecotrak, the leading intelligent facility management platform, today announced the completion of a $30 million funding round.

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Ecotrak Redesigns Desktop Application for Maximum Usability, Visibility and Efficiency in Facilities Management

Ecotrak, a leader in facility and asset management software, today launched their redesigned desktop application to improve maximum usability, visibility and efficiency in facilities management.

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Matt Singer, Ecotrak CEO & COO Mike Snyder on CMMS Radio

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Matt Singer, Ecotrak CEO on The Behind the Burner Podcast

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