About Accruent
Accruent is a company based in Austin (United States) founded in 1995 was acquired by Fortive in July 2018.. Accruent has raised $69.33 million across 6 funding rounds from investors including Marcus& Millichap, Fortive and GGV Capital. Accruent has completed 15 acquisitions, including BlueCielo ECM, Business Integration Group and EMS Software. Accruent offers products and services including Real Estate Management Software, CMMS, Engineering Document Management, and Desk and Room Booking Software. Accruent operates in a competitive market with competitors including Envoy, Eden Workplace, HqO, FM Systems and Nuvolo Technologies, among others.
- Headquarter Austin, United States
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Sectors
Business Services
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Email
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Phone
*********
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Website
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Social
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- Legal Name Accruent Llc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$69.33 M (USD)
in 6 rounds
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Latest Funding Round
$32 M (USD), Series C
Dec 23, 2009
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Investors
Marcus& Millichap
& 10 more
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Employee Count
Employee Count
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Investments & Acquisitions
BlueCielo ECM
& 14 more
- Acquired by
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Products & Services of Accruent
Accruent offers a comprehensive portfolio of products and services, including Real Estate Management Software, CMMS, Engineering Document Management, and Desk and Room Booking Software. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Software for lease tracking and site planning to ensure compliance
System to automate work orders and asset maintenance
Platform for sharing and collaborating on engineering documents
Tool for scheduling desks and rooms in corporate environments
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Software Development Team
62 people
Sales and Marketing
40 people
Leadership Team
30 people
Senior Team
16 people
Customer Team
13 people
Product Management Team
10 people
Data Analysis and Operations Team
6 people
Operations Team
5 people
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Funding Insights of Accruent
Accruent has successfully raised a total of $69.33M across 6 strategic funding rounds. The most recent funding activity was a Series C round of $32 million completed in December 2009. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 6
- Last Round Series C — $32.0M
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First Round
First Round
(07 Nov 2001)
- Investors Count 7
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Dec, 2009 | Amount | Series C - Accruent | Valuation |
investors |
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| Mar, 2008 | Amount | Series B - Accruent | Valuation |
investors |
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| Oct, 2006 | Amount | Series B - Accruent | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Accruent
Accruent has secured backing from 11 investors, including venture fund and institutional investors. Prominent investors backing the company include Marcus& Millichap, Fortive and GGV Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location | |
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Early-stage venture capital investments in AI, healthcare, and enterprise technologies.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Accruent
Accruent has strategically engaged in corporate development activities, having acquired 15 companies. Notable acquisitions include BlueCielo ECM, Business Integration Group and EMS Software. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Cloud-based healthcare technology management solutions are provided.
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2014 | ||||
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Facility maintenance and web-based asset management software are provided.
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2003 | ||||
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Workplace and asset management software solutions are provided.
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2001 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Accruent
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Accruent Comparisons
Competitors of Accruent
Accruent operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Envoy, Eden Workplace, HqO, FM Systems and Nuvolo Technologies, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Envoy is recognized for providing workplace management solutions.
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| domain | founded_year | HQ Location |
SaaS-based workplace management software for offices is delivered.
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| domain | founded_year | HQ Location |
SaaS-based management solutions are offered for commercial buildings.
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| domain | founded_year | HQ Location |
Facility, maintenance, and workplace management solutions are delivered.
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| domain | founded_year | HQ Location |
Cloud-based software for connected workplace management is provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Accruent
Frequently Asked Questions about Accruent
When was Accruent founded?
Accruent was founded in 1995 and raised its 1st funding round 6 years after it was founded.
Where is Accruent located?
Accruent is headquartered in Austin, United States. It is registered at Austin, Texas, United States.
Is Accruent a funded company?
Accruent is a funded company, having raised a total of $69.33M across 6 funding rounds to date. The company's 1st funding round was a Series B of $5.5M, raised on Nov 07, 2001.
What does Accruent do?
Accruent was founded in 1995 and is headquartered in Austin, United States. SaaS-based integrated workplace management system solutions are offered to companies in the construction and facilities sectors. These tools support operations including construction project oversight, maintenance scheduling, asset tracking, accounting processes, lease administration, space allocation, facility coordination, capital planning, and inspections, primarily serving North American clients in real estate and infrastructure.
Who are the top competitors of Accruent?
Accruent's top competitors include Envoy, Eptura and FM Systems.
What products or services does Accruent offer?
Accruent offers Real Estate Management Software, CMMS, Engineering Document Management, and Desk and Room Booking Software.
How many acquisitions has Accruent made?
Accruent has made 15 acquisitions, including BlueCielo ECM, Business Integration Group, and EMS Software.
Who are Accruent's investors?
Accruent has 11 investors. Key investors include Marcus& Millichap, Fortive, GGV Capital, Sierra Ventures, and Pequot Capital Management.