ENTOUCH Completes $50 million Funding Round
AkGlobe News/10327311

RICHARDSON, Texas - AkGlobe -- ENTOUCH, a leader in energy management solutions for multisite operators, today announced the completion of a $50 million funding round led by Respida Capital.

The capital infusion follows another record-breaking year for ENTOUCH and will further accelerate the company's product development and go-to-market efforts. ENTOUCH has experienced rapid growth, driven by its unrivaled ability to drive energy savings, operational efficiencies, and sustainability initiatives for multisite operators across retail, hospitality, banking, entertainment, fitness, healthcare, and senior living.

"We're thrilled to be part of this exciting journey with ENTOUCH," said James Zubok, Founder and Managing Member of Respida Capital. "We are very impressed by what ENTOUCH has accomplished to date. We look forward to working together to accelerate the ENTOUCH growth trajectory by developing new product offerings and expanding the client value proposition."

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"This is a tremendously validating and exciting opportunity for ENTOUCH," said Jon Bolen, CEO of ENTOUCH. "Our team has worked so hard to build the best, most customer centric energy management company in the industry.  Partnering with Respida Capital expands our horizons and will allow us to accelerate the impact of our solutions and deliver even more value to our customers. With Respida's demonstrated expertise in the multisite space and a unified vision to digitize facilities management, I am confident we have dramatically improved our ability to drive measurable sustainability and operational excellence in the built environment."

About ENTOUCH

Founded in Dallas, Texas, in 2008, ENTOUCH is the leader in energy management as a service and smart building technology. We create a path to a healthier planet by delivering sustainable solutions that reduce energy usage, drive profitability, and simplify facility management for multisite operators.  Our turnkey solution digitally transforms and optimizes operations for multisite businesses. We are the only provider that owns our entire technology stack and can take over heterogeneous systems and manage them from a single cloud solution. We lead the industry in speed, deployment quality, and ENTOUCH 360 service has earned a 100% renewal rate.

https://entouchcontrols.com/