EcoPlant
Energy-saving SaaS Solution for Compressed Air Systems
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, with a notable lead investment from Benhamou Global Ventures. EcoPlant was acquired by Ingersoll Rand in June 2023.
Business overview
EcoPlant provides an AI-powered software solution designed to optimize the performance of compressed air systems. The company's core technology continuously monitors and controls these systems by connecting to controllers and sensors, aiming to reduce energy waste and improve maintenance. Its 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 industrial manufacturing, particularly within the Food & Beverage sector, and operates within the Energy Tech sector, focusing on clean industry tech and eco-efficient manufacturing.
Strategic signal
In June 2023, EcoPlant was acquired by Ingersoll Rand, a significant development that validates the company's innovative approach to energy efficiency in industrial settings. This acquisition signals strong market demand for AI-driven solutions that optimize operational performance and reduce energy consumption, positioning EcoPlant's technology for broader adoption within Ingersoll Rand's global footprint.
Log in to access full profile ›Company Intelligence Q&A
- What is EcoPlant's primary offering?
- EcoPlant offers an AI-powered SaaS solution that optimizes the performance of compressed air systems by continuously monitoring and controlling them to reduce energy waste and improve maintenance.
- When was EcoPlant acquired and by whom?
- EcoPlant was acquired by U.S. giant Ingersoll Rand in June 2023.
- Which investors participated in EcoPlant's funding rounds?
- EcoPlant received funding from investors including Benhamou Global Ventures and Ecolab, among others, across its four funding rounds.
- What was a key partnership for EcoPlant?
- In June 2022, EcoPlant entered into a partnership with Ecolab to offer an energy-saving solution for compressed air systems.
- What was EcoPlant's last disclosed funding round?
- In August 2020, EcoPlant raised $8 million in Series A funding, with Ecolab as a lead investor, to reduce factories' energy use across the U.S.