Encamp Secures $30M In Series C Funding To Help Enterprises Transform Their Environmental Compliance
Encamp Secures $30M In Series C Funding To Help Enterprises Transform Their Environmental Compliance
06/08/22, 8:00 AM
Location
indianapolisMoney raised
$30 million
Round Type
series c
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 Info
Company
Encamp
Location
indianapolis, indiana, united states
Additional Info
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.