# Facilio

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/facilio

- Industry: Software
- Headquarters: New York, US
- Website: www.facilio.com
- Total disclosed funding: $44M
- Latest round: Series B (Feb 22, 2022)
- Investors on record: 4

## About

Facilio, Inc. develops a connected operations platform aimed at optimizing property management and enhancing efficiency across various sectors, including commercial real estate and healthcare.Founded in 2017 and headquartered in New York, US, Facilio, Inc. focuses on enabling smart building operations. The company has raised USD 35.00 mn in Series B funding, led by Dragoneer Investment Group. The founders include Amirta Josna, David Allmond, Krishnamoorthi Rangasamy, Prabhu Ramachandran, Rajavel S, Sathish Sharma, and Yogendrababu Venkatapathy. The company has engaged in four funding deals, with its most recent deal occurring on February 22, 2022, and a current valuation of USD 151.57 mn.Facilio specializes in providing a comprehensive connected operations platform designed for smart buildings, primarily focusing on enhancing property management efficiency across various sectors such as commercial real estate, healthcare, retail, education, and corporate facilities. The core offerings include Connected CMMS (Computerized Maintenance Management System), Connected Buildings, and Connected Refrigeration Solutions, which facilitate portfolio-wide operations, asset lifecycle management, and sustainability. Facilio's client base spans a diverse array of industries and includes corporations like Investa.Facilio operates on a subscription-based revenue model, engaging clients through annual or multi-year contracts for its product suite. This model fosters partnerships with businesses focused on optimizing facility management practices. The company's flagship product, the Connected CMMS, is integral to its revenue streams, supporting asset maintenance and operational oversight.In February 2022, Facilio, Inc. raised USD 35.00 mn in Series B funding, led by Dragoneer Investment Group, to extend its market leadership, enhance sales and marketing efforts, and assist more companies. The funding will support the development of upcoming products and facilitate expansion into new geographic regions, further enhancing its presence in the industry.

## Funding rounds

- Series B, Feb 22, 2022, $35M — Accel, Brookfield Property Group, Tiger Global Management, Dragoneer Investment Group
- Series A, Jan 1, 2021, $3M — Accel, Tiger Global Management
- Series A, Dec 4, 2018, $6.4M — Accel, Tiger Global Management

## Investors

- Accel (https://capitalatlas.ai/funds/accel) — Series A, Series B
- Tiger Global Management (https://capitalatlas.ai/funds/tiger-global-management) — Series A, Series B
- Brookfield Property Group — Series B
- Dragoneer Investment Group (https://capitalatlas.ai/funds/dragoneer-investment-group) — Series B