Analytical company Easy Metrics raised $31 million from private equity funds

Easy Metrics, a Bellevue, Wash.-based labor analytics platform for warehouses and manufacturers, has secured $31 million in funding and plans to use it to accelerate product development, expand organizational capabilities and pursue strategic acquisitions.

The funding came from private equity firm Nexa Equity. Terms of the transaction were not disclosed.

Founded in 2012, Easy Metrics says its products – such as its work management system (LMS) software – provide actionable insight into operating costs and performance, plant profitability and labor productivity. This enables operations teams to reduce waste, increase efficiency and create a more engaged and productive workforce. Today, the company operates more than 250 facilities and serves more than 50 clients, ranging from Fortune 500 to mid-market enterprises.

“The Easy Metrics labor analytics solution is becoming increasingly important to warehouses and manufacturers as labor and supply chain dynamics change,” Joey Maloney, partner at Nexa Equity, said in the release. “We are very excited to partner with Dean and the Easy Metrics team, who have leveraged their deep industry knowledge to build a best-in-class product that meets critical operational needs.”