Encamp Secures $30M In Series C Funding To Help Enterprises Transform Their Environmental Compliance

Jun 08, 2022•about 3 years ago

Amount Raised

$30 Million

Round Type

series c

Indianapolis

Description

Encamp, an award-winning enterprise technology startup for environmental compliance data management and reporting, today announced $30M in Series C funding from Drive Capital. Funding was led with full participation from previous investors, including OpenView, High Alpha Capital, Allos Ventures, and more. The investment follows a significant year of growth for Encamp, which saw a 500% increase in ARR in 2021.

Company Information

Company

Encamp

Location

Indianapolis, Indiana, United States

About

Since Drive's inception in 2013, the firm has raised $2B of funds to invest in startups solving important problems in large markets. The funding will enable Encamp to further develop its product and go-to-market functions to help enterprise companies digitally transform their environmental programs and successfully manage compliance efforts. Nearly 200 businesses, including a growing number of businesses listed in the Fortune 1000 and Fortune 100, now use Encamp in more than 8,000 regulated facilities throughout the United States, which continues to position the company as an emerging EHS market leader.

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83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

Encamp Secures $30M In Series C Funding To Help Enterprises Transform Their Environmental Compliance

Description

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Company Information