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
Not available
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Net Profit
Not available
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EBITDA
Not available
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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
Not available
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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.
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
People of Accruent
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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.
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.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Early-stage venture capital investments in AI, healthcare, and enterprise technologies.
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Investor details for Accruent
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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.
Investment portfolio details for Accruent
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Cloud-based healthcare technology management solutions are provided.
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Facility maintenance and web-based asset management software are provided.
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Workplace and asset management software solutions are provided.
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Locked | Locked | 2001 | Locked |
Complete acquisition details for Accruent
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Financial Statements - Accruent
Detailed financials for Accruent
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Accruent Comparisons
Peer comparison for Accruent
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- Named peers
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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.
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Envoy is recognized for providing workplace management solutions.
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SaaS-based workplace management software for offices is delivered.
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SaaS-based management solutions are offered for commercial buildings.
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Facility, maintenance, and workplace management solutions are delivered.
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Cloud-based software for connected workplace management is provided.
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Detailed competitors of Accruent
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Verified entity values are shown only after access is granted.
Latest news on Accruent
Complete news archive for Accruent
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- Source and publication date
- Older coverage
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Frequently Asked Questions about Accruent
Accruent was founded in 1995 and raised its 1st funding round 6 years after it was founded.
Accruent is headquartered in Austin, United States. It is registered at Austin, Texas, United States.
Accruent is a funded company, having raised a total of $69.33M across 6 funding rounds to date.
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.
Accruent's top competitors include Envoy, Eptura and FM Systems.
Accruent offers Real Estate Management Software, CMMS, Engineering Document Management, and Desk and Room Booking Software.
Accruent has made 15 acquisitions, including BlueCielo ECM, Business Integration Group, and EMS Software.
Accruent has 11 investors. Key investors include Marcus& Millichap, Fortive, GGV Capital, Sierra Ventures, and Pequot Capital Management.