EcoPlant

Energy-saving SaaS Solution for Compressed Air Systems

Energy Tech
Acquired by Ingersoll Rand on Jun, 2023
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Company Overview

Snapshot

Founded in March 2016 by Aviran Yaacov, Moti Yakov, and Yaron Harel, EcoPlant operates with 51–200 employees. The company secured funding across four rounds from three investors. In June 2023, EcoPlant was acquired by Ingersoll Rand.

Business overview

EcoPlant provides an AI-powered software solution designed to optimize compressed air systems. Its core technology connects to controllers and sensors to continuously monitor and control these systems, aiming to reduce energy waste and improve maintenance. The platform offers a dashboard with insights into system operation, energy consumption, and machinery analytics, enabling users to identify inefficiencies, track idle time, and enhance production reliability. EcoPlant serves various industries, particularly within industrial manufacturing, focusing on operational optimization and energy efficiency.

Strategic signal

In June 2023, EcoPlant was acquired by Ingersoll Rand. This acquisition signals a strategic move by a major industrial player to integrate advanced AI-driven energy optimization technology into its offerings, validating EcoPlant's solution as a critical component for improving efficiency in industrial compressed air systems. For investors, this demonstrates the increasing value placed on climate tech solutions that deliver tangible energy savings and operational improvements within the manufacturing sector.

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Company Intelligence Q&A

What is EcoPlant's primary focus?
EcoPlant develops an AI-powered software solution to optimize compressed air systems, aiming to reduce energy waste and improve maintenance in industrial settings.
When was EcoPlant acquired?
EcoPlant was acquired by Ingersoll Rand in June 2023.
What partnership did EcoPlant establish in 2022?
In June 2022, EcoPlant entered into a partnership with Ecolab to offer its energy-saving solution for compressed air systems.
Which investor participated in EcoPlant's Seed round?
In August 2018, Benhamou Global Ventures was a lead investor in.
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