$3.1M Series A Funding for Hoosier Tech Company

$3.1M Series A Funding for Hoosier Tech Company

Encamp, an environmental, health, and safety (EHS) software platform, announced it has raised $3.1 million in Series A funding, led by Allos Ventures and High Alpha Capital, with participation from IU Ventures. 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 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.

“The funding and expertise that our partners at Allos Ventures, High Alpha, and IU Ventures have provided will allow us to better serve our customers, who desperately need a tool like ours to help ensure that they’re compliant with government standards,” said Luke Jacobs, CEO and co-founder of Encamp. “Encamp is on a mission to make EHS compliance fast, simple and accurate, and we know that our tool will help companies of all sizes achieve environmental goals.”

Encamp is quickly becoming an integral and innovative solution for EHS professionals. By streamlining environmental compliance reporting, companies can better understand, manage and comply with all requirements for business operations, while enhancing accuracy and efficiency.

“Encamp’s solution is well-timed to meet the needs of companies across the US faced with the increasing complexity of environmental regulations and compliance. We believe the market will see a significant shift towards automating and streamlining compliance,” says David Kerr, managing director at Allos Ventures. “Encamp is a powerful EHS solution and we are excited to collaborate with a passionate team of experts as they work to build a great company.”

“We’re excited to continue partnering with the Encamp team as they help large organizations drive efficiencies and digitize their manual compliance reporting,” says Mike Fitzgerald,  partner at High Alpha. “We believe Encamp is tackling a massive opportunity as their industry undergoes a digital transformation and moves offline data and processes to the cloud.”

The company launched in 2018 and is currently the largest third-party filer of EPCRA Tier II reporting in the country. They currently work with more than 170 customers including American Tower Corporation, Nutrien Ag Solutions and Asmark Institute, tracking more than 10,000 compliance dates and managing more than 2,500 facilities across the country.

“Keeping track of all 50 states’ reporting requirements is almost impossible. With more than 300 facilities across the U.S., our compliance team was spending days, even weeks, on tracking and reporting for each individual state,” said Megan Cook, supervisor of HazMat Compliance at American Tower Corporation. “With Encamp, we reduced the time spent on filing by more than two weeks, added the ability to update critical information in hours and increased overall confidence in our reporting abilities.”

Encamp was also recently named TechPoint Mira Awards 2019 Startup of the Year and the 2019 OH&S New Product of the Year.

Category Business Buzz