Tech startup Eskuad raises $1.65M to fund growth
File photo / Tim Greenway
Max Echeverria is the founder and CEO of Eskuad, a Portland-based mobile field data startup with Chilean roots that raised $1.65 million in pre-seed funding.
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Eskuad, a Portland-based mobile platform for field-data operations, has raised $1.65 million in pre-seed venture capital funding to invest in people, technology and commercialization, the company announced Tuesday.
"This is an exciting milestone for the company and will fuel our aspirations for operations and investment projects over the next two years during a time when the environment is complex," said Max Echeverria, the company's founder and CEO. Echeverria relocated the company to Portland from his native Chile after graduating from a tech startup accelerator based at Northeastern University's Roux Institute.
Outlander VC led the funding round, which included participation from Mis Inversiones, a family-owned Chilean investment firm; Behind Genius Ventures; C2 Ventures; an award from Google for Startups; and angel investments from mentors from Techstars, Start-up Chile and Tampa Bay Wave.
“The founders of Eskuad are passionate about the space they are building in and are an exceptional example of founder/market fit," said Blaine Davis, a partner at Outlander VC. "They have felt the problem firsthand and set out to make impactful changes in their business. They are providing tangible value to hundreds of field workers today, and we see that scaling to hundreds of thousands in the near future."
Last year, Eskuad was one of 50 startups selected for Google's inaugural $5 million Latino Founders Fund, receiving $100,000 in cash and $100,000 in Google Cloud credits and hands-on Google support.
Besides Echeverria, Eskuad employs six Chileans based in Chile, two Mainers in Portland and one Argentinian in Buenos Aires. The company offers technology designed specifically for workers in the field across a range of sectors, including maritime, construction and agriculture.
Expanding the team
Eskuad has lots of plans for the $1.65 million capital infusion.
“Our first order of business is expanding our team with top-notch talent in business development, ensuring we have the expertise to drive our platform to new heights,” Eskuad told Mainebiz from Atlanta, where he is working from.
“While we continue to offer a robust, free product at the entry level, we're also excited to introduce a high-quality premium platform for our paid users,” he added. “This means even more features, enhanced capabilities, and an elevated experience for those who choose to take their Eskuad journey to the next level."
Among other things, the company is using artificial intelligence for faster automation, enabling quicker turnaround times for users, Echeverria noted. "Say goodbye to manual work and hello to streamlined efficiency."
On a more general note, he said, "This funding opens up a world of possibilities, and we can't wait to bring these exciting developments to life."
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