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Venture Capital News: HUVRdata Snares $5M Growth Round

2020-10-07
AUSTIN, TX, HUVRdata announced a Series A financing led by Cottonwood Venture Partners.
HUVRdata, Inc., a cloud-based industrial asset management solution has announced a Series A financing led by Cottonwood Venture Partners. Joining CVP in this round was Austin based Wild Basin Investments who made the initial seed investment in HUVR in 2015.

HUVR provides a software platform that streamlines and standardizes inspection workflows for both industrial asset owners and service providers with the goal to drive operational efficiency. The company's industry-leading open platform approach allows industrial asset owners a new way to aggregate and analyze all aspects of complex asset inspection data, including a variety of inspection tools, third party service data, digital checklists, and native databases. The HUVR platform results in a single, standardized data repository that enables unprecedented insights and analytics, such as the ability to visualize trends across the fleet, site, and individual assets.
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