Rachio
Latest round
- Series B
Last raised
- Mar 2018
Total raised
- $22M
Investors
- 12
About Rachio
Rachio, Inc. is a leading provider of smart irrigation solutions that optimize water usage for residential gardens and lawns.Rachio, Inc. designs smart watering devices that automate irrigation for gardens and lawns. Founded in 2012, the company is headquartered in Denver, US. The founders, Christopher Klein and Franz Garsombke, aimed to create efficient irrigation solutions. In October 2025, Rainbird Technologies Limited, a portfolio company of Anglia Capital Group, Force Over Mass Capital, Eden Rock Group, QVentures, Techstars, Gresham House, and 500 Global, fully acquired Rachio, Inc. from Hallett Capital, Camber Creek, Amazon, Arborview Capital, ELab Ventures, Knoll Ventures, Miramar, Service Provider Capital, Third Sphere, Upslope Ventures, Bonaventure Capital, and Eastside Partners. Rachio specializes in innovative smart watering devices designed to optimize water usage for residential gardens and lawns. Their core product offerings include advanced sprinkler controllers that leverage data on weather patterns and soil moisture to automate irrigation schedules, thus preventing overwatering and conserving water resources. The devices are equipped with features such as solenoid valve monitoring and weather adjustments that modify watering times based on environmental conditions. Rachio's products primarily serve homeowners and landscape professionals looking for efficient irrigation solutions, specifically targeting markets in the United States and Canada.Rachio generates revenue through direct-to-consumer sales of its smart watering devices, including its flagship Smart Sprinkler Controller and the recently introduced 6-Zone Controller. The company operates a transactional model that may include partnerships with retailers and wholesalers to expand its reach. Pricing structures for the products are designed to cater to various customer needs, offering lower prices for refurbished models and multi-valve bulk deals aimed at landscape professionals. These transactions are typically characterized by one-time purchases for individual products, supplemented by recurring revenue from potential subscription services related to software updates or enhanced features. Rachio's commitment to customer satisfaction and long-term support further enhances its value proposition, fostering loyalty among its user bases. The October 2025 acquisition enables Rainbird Technologies Limited to accelerate innovation, expand its product portfolio, and strengthen customer engagement through expanded smart and sustainable irrigation solutions.
Who invested in Rachio
12 investors across 4 rounds
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Questions about Rachio
Who invested in Rachio?
Rachio has 12 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Rachio raised?
Rachio has raised 4 venture rounds. Sign up free to see how much each round raised and the total.
When did Rachio last raise money?
Rachio's most recent round on record is a Series B, in Mar 2018.
What does Rachio do?
Rachio is a software company.
Where is Rachio headquartered?
Rachio is headquartered in Denver, US.
Which VCs invest in companies like Rachio?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Rachio's stage. Their profiles are linked below.
VCs backing software startups at Series B
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