Accruent

Austin, United States Founded: 1995 • Age: 31 yrs Acquired By Fortive
SaaS-driven IWMS solutions are provided for construction and facilities management.

About Accruent

Accruent is a Business Services company based in Austin (United States) founded in 1995, and was acquired by Fortive in July 2018. SaaS-driven IWMS solutions are provided for construction and facilities management. 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. Its website accruent.com draws about 156 thousand monthly visits. Accruent offers products and services including Real Estate Management Software, CMMS, Engineering Document Management, and Desk and Room Booking Software. Its focus areas include Real Estate and Construction Tech, Facility Management Tech and Integrated Workplace Management Systems. Its legal entity is ACCRUENT LLC. Its competitors include Envoy, Eden Workplace and HqO; 3 of its 3 listed competitors have raised funding.

Company details

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.

  • Headquarters Austin, United States
  • Stage Acquired
  • Sectors
    Business Services
  • Website category Computers Electronics and Technology · Programming and Developer Software
  • Email
    ••••••••
  • Phone
    •••• ••••
  • Website accruent.com
  • Social LinkedIn X Facebook Instagram YouTube
  • Acquired by Fortive (Jul 2018)
  • Legal Name Accruent Llc
Key Metrics
  • Total Equity Funding
    $69.33M (USD)

    in 6 rounds

  • Latest Funding Round
    $32M (USD), Series C

    Dec 2009

  • Investors
  • Investments & Acquisitions
  • Acquired by
    Fortive

    & 3 more

    (Jul 2018)

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.

Real Estate Management Software
Real Estate Management

Software for lease tracking and site planning to ensure compliance

CMMS
Maintenance Management

System to automate work orders and asset maintenance

Engineering Document Management
Document Management

Platform for sharing and collaborating on engineering documents

Desk and Room Booking Software
Workplace Management

Tool for scheduling desks and rooms in corporate environments

Apps and channels of Accruent

its YouTube channel Accruent has 400 subscribers and 30 videos.

Accruent
YouTube 400 subscribers 30 videos Science & Technology
Open channel

Videos from Accruent

The most watched videos on Accruent's YouTube channel, Accruent (400 subscribers). Click a video to play it here.

Flexibility and safety with EMS
108.2K views
Accruent Insights 2024
77.1K views
Space Management & Room Scheduling Software
6.3K views
Maintenance Connection Mini Training | Creating Work Orders
5.8K views

More on Accruent.

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 $69.33M
  • Total Rounds 6
  • Last Round Series C — $32M
  • First Round $10M

    (Nov 2001)

  • Investors Count 7

All 6 funding rounds of Accruent with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Dec 2009$32MSeries C––
–
Mar 2008$9.83MSeries B––
–
Oct 2006$5.5MSeries B––
–
Nov 2005$5MDebt – Conventional––
–
May 2004$12MSeries B–GGV Capital, Pequot Capital Management
Nov 2001$10MSeries A–Sierra Ventures
Valuation history

11 investors in total: 11 institutional.

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.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Venture capital is invested in cybersecurity, fintech, and AI startups.
ggvc.comMenlo Park, United States
Early-stage venture capital investments in AI, healthcare, and enterprise technologies.
sierraventures.com
innocal.com
redrockventures.com
Multiple sectors are invested in by private equity firm TA.
ta.comBoston, United States
gencap.com
Investments are directed toward high-growth enterprise software and technology companies.
vistaequitypartners.comAustin, United States
pequotcap.com
Luxury 5-star hotel accommodations are offered by The Peninsula Hotels.
peninsula.comHong Kong, Hong Kong SAR
Real Estate Investment trust providing investment brokerage services.
1971marcusmillichap.comReno, United States
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Investor details for Accruent

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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Verified entity values are shown only after access is granted.

People of Accruent

221 people are tracked at Accruent (50 in leadership, 171 in team).

NameRoleGroup
Zachary Batchelor
DirectorLeadership
Aaron Russo
VP Global Flagship SalesLeadership
Kevin Crustner
Director, Strategic DevelopmentLeadership
Christa Obert
VP, HRLeadership
Kristi Flores
Chief Marketing Officer & SVP Partner ProgramLeadership
Aaron Percy
Vice President Of Software DevelopmentLeadership
Jp Demas
VP Marketing And Corporate EventsLeadership
Tommi Kilpeläinen
General Manager, NordicsLeadership
Mark Dungan
Vice President Of Software EngineeringLeadership
Rebecca Finney
Customer Success DirectorLeadership
Richard Leurig
PresidentLeadership
Noah Reding
Vice President And General Manager, Real Estate And Facility SolutionsLeadership
Leonid Norkin
Director, EngineeringLeadership
Liz Waller
Value Realization Director, North AmericaLeadership
Tharuma S.
Partner ManagerLeadership
Melissa M. Monk
Global Chief Revenue OfficerLeadership
Louisa Osei-Mensah
BDR Director EMEA & APACLeadership
Lisa Gibbons
Director Of Customer SuccessLeadership
Michael Thomas
Vice President Of Global OperationsLeadership
David Stevens
Director Of Enterprise SalesLeadership

201 more people are available in the full profile.

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Complete people profiles 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.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Marketing automation technology and services are offered for multichannel campaigns.
redeye.comCrewe, United Kingdom1997Jan 2024••••
Facility maintenance and web-based asset management software are provided.
maintenanceconnection.comDavis, United States2003Jun 2018••••
Meeting and room scheduling software solutions are provided online.
emssoftware.comDenver, United States1996Jun 2018••••
Cloud-based healthcare technology management solutions are provided.
theconnectiv.comSan Diego, United States2014Mar 2018••••
Engineering information management software solutions are developed.
bluecieloecm.comHoofddorp, Netherlands1983Nov 2017••••
SaaS-based lease administration and accounting software is delivered.
lucernex.comPlano, United States2000Aug 2017••••
SaaS-based maintenance and energy management solutions are offered worldwide.
verisae.comMinneapolis, United States1999Sep 2016••••
Integrated workplace management systems are provided for real estate operations.
bigcenter.comTempe, United States1998Sep 2016••••
Hospital operations management solutions are provided for healthcare facilities.
mainspringhealth.comWaltham, United States1993Apr 2016••••
Facility management software and consulting services are provided.
vfa.comBoston, United States1998Nov 2014••••
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Complete acquisition details for Accruent

Acquired stakes, deal sources and the complete acquisition history require an active premium plan.

  • Acquired stakes
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  • Exports

Verified entity values are shown only after access is granted.

Timeline of Accruent

17 dated milestones of Accruent across 29 years, from founding to its latest funding, stage changes and deals.

  1. Founded Accruent is founded.
  2. Funding First funding round of $10.0M.
  3. Funding Latest funding round, Series C, of $32.0M.
  4. Exit Acquired by Vista Equity Partners.
  5. Exit Acquired by TA.
  6. Acquisition Acquires VFA.
  7. Acquisition Acquires Mainspring Healthcare Solutions.
  8. Exit Acquired by Genstar Capital.
  9. Acquisition Acquires Business Integration Group.
  10. Acquisition Acquires Verisae.
  11. Acquisition Acquires Lucernex.
  12. Acquisition Acquires BlueCielo ECM.
  13. Acquisition Acquires The Connectiv.
  14. Acquisition Acquires EMS Software.
  15. Acquisition Acquires Maintenance Connection.
  16. Exit Acquired by Fortive.
  17. Acquisition Acquires RedEye.

Competitors of Accruent

Accruent has 3 listed competitors in our database, 3 of them funded. They include Envoy, Eden Workplace and HqO.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
envoy.com2013San Francisco, United States$170.5M
Envoy is recognized for providing workplace management solutions.
edenworkplace.com2015San Francisco, United States$41.61M31
SaaS-based workplace management software for offices is delivered.
hqo.com2018Boston, United States$156.85M149
SaaS-based management solutions are offered for commercial buildings.
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Detailed competitors of Accruent

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

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Web traffic of Accruent

The website of Accruent (accruent.com) receives about 156.5K visits a month and ranks #285,135 among all websites worldwide, #6,669 in Programming and Developer Software.

  • Monthly visits
    156.5K

    ▼ 1.4% vs previous month

  • Unique visitors
    44K

    per month

  • Global rank
    #285,135

    among all websites

  • Category rank
    #6,669

    Computers Electronics and Technology · Programming and Developer Software

Similar websites

Websites whose visitors overlap most with Accruent. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
maintenanceconnection.com
100%
58.4K#399,450View details
fiixsoftware.com
85%
121.8K#375,307View details
emaint.com
78%
372.3K#107,610View details
getmaintainx.com
77%
522.6K#62,906View details
sap.com
76%
15M#3,427View details
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
Premium access

All 40 similar websites and full traffic analytics for Accruent

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  • 40 similar websites
  • Audience overlap
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Verified entity values are shown only after access is granted.

Top companies in Facility Management Platforms

3 companies that operate in the same segment as Accruent (Facility Management Platforms) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Cloud-based software is provided for managing outdoor events and activities.
1999Dallas, Texas, United StatesUSD 313.84 M2,458
Envoy is recognized for providing workplace management solutions.
2013San Francisco, California, United StatesUSD 170.5 M463
IoT connectivity platform from prototype to production is developed.
2011San Francisco, California, United StatesUSD 134.87 M109
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Related news about Accruent

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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. The company's 1st funding round was a Series A of $10M, raised on Nov 2001.

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, Eden Workplace and HqO.

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.

Accruent operates through Accruent Llc.

Yes. Accruent was acquired by Fortive in July 2018.

The website of Accruent receives about 156 thousand visits a month and ranks #285,135 among all websites worldwide.

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