10/9/24: “The Virginia Innovation Partnership Corporation (VIPC) today announced that Virginia Venture Partners (VVP), VIPC’s venture capital program, has invested in Springfield, Virginia-based Service Robotics & Technologies, Inc. (SRT Labs). SRT Labs provides an enterprise software platform that rapidly unifies modern and legacy infrastructure into the same data ecosystem so that facility operations managers can efficiently monitor, analyze, and automate their assets.”
“SRT Labs is an excellent example of an entrepreneurial startup company in Virginia that has developed its product and service offerings from proof-of-concept to value-add customer solutions in the marketplace. VIPC is proud to have provided catalytic capital and support along the innovation continuum and to see SRT Labs now further scale its business and operations in Virginia,” said Joe Benevento, VIPC President and CEO.
“There is an unmistakable opportunity for building operations to be smarter, especially in this post-COVID environment,” said Jennifer O’Daniel, Senior Investment Director for VIPC’s Virginia Venture Partners. “SRT Labs delivers a connected ecosystem for facility data that maximizes potential savings for labor, energy, and resources while mitigating risk and reducing stress and liabilities. VVP champions leading technology companies in the Commonwealth, and we’re delighted to support SRT Labs’ innovative solution at the intersection of software and robotics, which is sure to yield new and greater prospects for success.”
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