Encamp, an environmental, health, and safety (EHS) software platform, has announced it has raised USD 3.1 million in Series A funding, led by Allos Ventures and High Alpha Capital, with participation from IU Ventures, the company said.
Funds will be used to expand the development of the Encamp platform. Along with their investment, David Kerr, managing director at Allos Ventures, and Mike Fitzgerald, partner at High Alpha, will join the Encamp board of directors.
Encamp makes it easy to manage your EHS documents, deadlines, permits and tasks, all in one, modern platform. The Compliance Platform is an essential product in the Encamp EHS Suite, allowing users to get up-to-the-minute views of their entire compliance reporting schedule across the enterprise on a clean, visual calendar that is synced to federal and state EHS databases to ensure accuracy. Encamp plans to further develop its platform this year, which will deliver a more comprehensive look at applicable regulations and requirements for EHS reporting with companies of all sizes and industries.
Encamp is on a mission to create a world where good for business is good for the environment. Encamp is automating EHS compliance and risk-minimization for modern companies. The Encamp Compliance Platform equips EHS teams to better understand their compliance responsibilities for all facilities, manage workflows and documentation in a powerfully simple interface, and meet all compliance requirements in one unified system. Currently, Encamp serves more than 2,500 facilities nationwide and is headquartered in Indianapolis, Indiana.
Allos Ventures invests in early stage technology companies based in the Midwest. Investments focus on B2B software companies at a Series A or B stage, augmenting the capital provided by seed and startup investors. In addition to the capital Allos provides, portfolio companies benefit from the extensive operating and business-building experience of the firm´s managing partners, who make themselves available as needed to support each portfolio company´s growth.
High Alpha is a venture studio focused on building next-generation B2B SaaS companies through a new model for entrepreneurship that unites company building and venture capital. The High Alpha team partners with entrepreneurs, investors and large corporations to conceive, launch and scale new software companies. For more information: highalpha.com or on Twitter at @highalpha.
IU Ventures is a Code Section 501(c)(3) organization dedicated to empowering Indiana University faculty, alumni, and friends to support and invest in IU-affiliated innovation. Through three programs — the IU Philanthropic Venture Fund, the IU Angel Network and The Quarry — IU Ventures works to provide opportunities for individuals affiliated with IU to network with fellow entrepreneurs; build innovative new businesses; and support growing enterprises through donations, investments, time and talents.