Encamp, an Indianapolis, IN-based enterprise technology startup for environmental compliance data management and reporting, raised $30M in Series C funding.
Drive Capital was the lead investor. Previous investors included OpenView Capital, High Alpha Capital, Allos Ventures and many others.
The company plans to use the funds for product development and go-to market functions.
Encamp is led by Luke Jacobs (CEO and Co-founder), and provides an environmental compliance data and reporting platform. Encamp was founded in 2017 and has helped organizations improve environmental compliance and reduce the risk of non-compliance. Encamp combines high-tech solutions with expert support to transform compliance programs and human processes into an technology-driven system that ensures environmental compliance. This is especially important as businesses grow and scale. Nearly 200 companies, including many listed in the Fortune 1000/100, use it in more that 8,000 regulated facilities across the United States.
The company plans to further develop the platform’s capabilities on a global scale by:
- To streamline data collection across all environmental media, data sources, and regulatory applicability, enhance existing product features
- Over the next two-years, developing compliance reporting technology to support Toxic Release Inventory reporting (TRI), the Clean Water Act, and Clean Air Act.
- International expansion of hazardous material and waste compliance automation capabilities by 2024