# Rachio

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

- Industry: Software
- Headquarters: Denver, US
- Website: www.rachio.com
- Total disclosed funding: $22M
- Latest round: Series B (Mar 20, 2018)
- Investors on record: 12

## About

Rachio, Inc. is a leading provider of smart irrigation solutions that optimize water usage for residential gardens and lawns. Their innovative technology enhances irrigation efficiency and promotes sustainable outdoor practices.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. The company emphasizes a customer-centric approach by providing long-term support and transparency throughout the user experience, aiming to enhance the smart home ecosystem with sustainable outdoor solutions.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.

## Funding rounds

- Series B, Mar 20, 2018, $10M — Miramar, Eastside Partners, Bonaventure Capital, Arborview Capital, Upslope Ventures, ELab Ventures, Knoll Ventures, Service Provider Capital, Amazon
- Series A, Nov 25, 2015, $7.1M — Miramar, Arborview Capital, Upslope Ventures, ELab Ventures, Third Sphere, Knoll Ventures, Service Provider Capital
- Seed, Dec 1, 2014, $2.2M — Camber Creek
- Seed, Oct 31, 2014, $2.5M — Hallett Capital

## Investors

- Hallett Capital (https://capitalatlas.ai/funds/hallett-capital) — Seed
- Camber Creek (https://capitalatlas.ai/funds/camber-creek) — Seed
- Miramar (https://capitalatlas.ai/funds/miramar) — Series A, Series B
- Arborview Capital (https://capitalatlas.ai/funds/arborview-capital) — Series A, Series B
- Upslope Ventures (https://capitalatlas.ai/funds/upslope-ventures) — Series A, Series B
- ELab Ventures (https://capitalatlas.ai/funds/elab-ventures) — Series A, Series B
- Third Sphere (https://capitalatlas.ai/funds/third-sphere) — Series A
- Knoll Ventures (https://capitalatlas.ai/funds/knoll-ventures) — Series A, Series B
- Service Provider Capital (https://capitalatlas.ai/funds/service-provider-capital) — Series A, Series B
- Eastside Partners (https://capitalatlas.ai/funds/eastside-partners) — Series B
- Bonaventure Capital (https://capitalatlas.ai/funds/bonaventure-capital) — Series B
- Amazon (https://capitalatlas.ai/funds/amazon) — Series B