Wetlands documentation and compliance app maker Ecobot secured a $2.81-million second seed round of funding round earlier this month, a sign construction tech investors see value in targeted solutions to specific workflow problems. This investment is a considerable step up from the $450,000 seed round the company received three years ago, shortly after its founding in 2019.
“This is going to let us build more cool stuff faster,” says Lee Lance, Ecobot co-founder and CEO. The company’s mobile app allows for wetlands documentation scientists and specialists to quickly enter in data from the field that is then automatically formatted for the legally required paperwork. The company currently has over 1,200 users, and its customers include some of the largest environmental engineering firms in the U.S.