What is eTrac?
Established in 2003, eTrac Inc. is a prominent firm specializing in hydrographic survey, vessel positioning, and marine instrumentation. With a workforce exceeding 40 employees across multiple offices along the U.S. coast, eTrac has cultivated a robust reputation within the hydrographic industry, serving both government agencies and private enterprises. The company's operational capabilities are bolstered by a diverse fleet, including geophysical survey vessels and highly portable shallow water survey craft. eTrac's commitment to reinvestment in cutting-edge equipment and skilled personnel enables it to execute complex multibeam, singlebeam, sidescan, subbottom, mobile lidar, and water-level surveys for its clientele.
How much funding has eTrac raised?
eTrac has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
Key Investors in eTrac
PPP
Public-Private Partnership
What's next for eTrac?
The substantial capital infusion, particularly the recent strategic investment, positions eTrac for accelerated growth and technological advancement. This funding is likely to fuel further expansion of its survey capabilities, potentially through the acquisition of new equipment or the development of proprietary technologies. Strategic partnerships and market penetration into new geographical regions or industry verticals may also be on the horizon, leveraging the company's strong reputation and proven track record in delivering high-quality marine data solutions.
See full eTrac company page
