EcoPlant

Energy-saving SaaS Solution for Compressed Air Systems

Energy Tech
Acquired by Ingersoll Rand
Acquired Hod Hasharon Founded 2016
Total raised
$9.8M
Last: Series A 2020-08
Stage
Acquired
Founded
2016
Headcount
60
HQ
Hod Hasharon
Sector
Energy Tech

About

EcoPlant offers a software solution that utilizes AI technology to optimize the performance of compressed air systems. By connecting to controllers and sensors, it is able to continuously monitor and control the system, reducing energy waste and improving maintenance. The platform includes a dashboard that provides insights on system operation, energy consumption, and machinery analytics, allowing users to identify inefficiencies, track idle time, and improve production reliability.

Funding history · 3 rounds · $9.8M total

2020-08
Series A $8.0M
2019-07
Pre-Seed Undisclosed
2018-08
Seed $1.0M

Company Intelligence Q&A

Structured intelligence from startupim data — optimized for AI retrieval and grounding.

When was EcoPlant acquired and by whom?
EcoPlant was acquired by the U.S. multinational company Ingersoll Rand in June 2023 for $50 million.
What is EcoPlant's primary software solution?
EcoPlant offers an AI-powered software solution designed to optimize the performance of compressed air systems, aiming to reduce energy waste and improve maintenance.
When was EcoPlant founded and where is its headquarters located?
EcoPlant was founded in March 2016 and is headquartered in Hod Hasharon, Israel.
What was EcoPlant's last funding round before its acquisition?
EcoPlant's last funding round was a Series A in August 2020, raising $8 million with Ecolab as a lead investor.
How much total funding did EcoPlant raise before its acquisition?
EcoPlant raised a total of $9.75 million in funding.
What was the purpose of EcoPlant's partnership with Ecolab in June 2022?
In June 2022, Ecolab partnered with EcoPlant to offer an energy-saving solution for compressed air systems.
How many employees did EcoPlant have at the time of its acquisition?
EcoPlant had approximately 60 employees at the time of its acquisition.
What is an example of EcoPlant's technology impact on energy efficiency?
EcoPlant's solution implemented in a US-based detergent manufacturer's facilities was expected to achieve a 25% continuous improvement of efficiency during low air demand, or about 17% overall efficiency improvement.

Sectors & technology

Primary sector
Energy Tech
Sub-sectors
Industrial TechnologiesOperational Optimization SolutionsProcess Automation & Intelligence SystemsClimate TechClean Industry Tech Eco-Efficient ManufacturingEnergy TransitionEco-Efficient Energy UsageEnergy TechEnergy Consumption & Efficiency
Technologies
Artificial IntelligenceMachine LearningCommunicationsIOTPlatforms & Interfaces
Target customers
Industrial ManufacturingHybrid IndustriesFood & BeveragesEnergy, Utilities & Waste ManagementWaste Treatment, Environmental Services & Recycling
Business model
B2B

Highlights

Climate TechVerified

Tags

clean-manufacturingclimate-techcontrol-systemsmachine-learningmanufacturing-facilitiesindustry-4-0operations-optimizationenergy-savingartificial-intelligencemonitoringplciotenergytechpredictive-analyticsheating-and-coolingmobile-applicationsreal-timesaasenergy-usage