About Facilio
Facilio is a company based in New York (United States) founded in 2017 by Krishnamoorthi Rangasamy, Yogendrababu Venkatapathy, Rajavel Subramanian, and Prabhu Ramachandran.. Facilio has raised $42.9 million across 3 funding rounds from investors including Accel, Brookfield Asset Management and Dragoneer. The company has 182 employees as of April 06, 2024. Facilio operates in a competitive market with competitors including MRI Software, AppFolio, Johnson Controls, SMS Assist and Happy, among others.
- Headquarter New York, United States
- Employees 182 as on 06 Apr, 2024
- Founders Krishnamoorthi Rangasamy, Yogendrababu Venkatapathy, Rajavel Subramanian, Prabhu Ramachandran
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Sectors
Business ServicesEnergy & Utilities Real Estate & Construction Technology
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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 Facilio Technology Solutions Private Limited
- Date of Incorporation 26 May, 2017
- Jurisdiction Chennai, Tamil Nadu, India
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Annual Revenue
$5.25 M (USD)109.69as on Mar 31, 2023
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Net Profit
$470.33 K (USD)113.91as on Mar 31, 2023
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EBITDA
$1.07 M (USD)117.61as on Mar 31, 2023
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Total Equity Funding
$42.9 M (USD)
in 3 rounds
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Latest Funding Round
$35 M (USD), Series B
Feb 22, 2022
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Investors
Accel
& 3 more
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Employee Count
182
as on Apr 06, 2024
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Funding Insights of Facilio
Facilio has successfully raised a total of $42.9M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $35 million completed in February 2022. 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 3
- Last Round Series B — $35.0M
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First Round
First Round
(19 Mar 2018)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2022 | Amount | Series B - Facilio | Valuation | Dragoneer Investment Group | |
| Dec, 2018 | Amount | Series A - Facilio | Valuation | Accel , Tiger Global Management |
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| Mar, 2018 | Amount | Seed - Facilio | Valuation | Accel |
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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 Facilio
Facilio has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Accel, Brookfield Asset Management and Dragoneer. 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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Private equity investments are made in technology-enabled growth companies.
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Founded Year | Domain | Location | |
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Focus is placed on real estate and renewable energy investments.
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Founded Year | Domain | Location | |
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Accel is recognized as a leading venture capital firm.
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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 Facilio
| 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 |
Financial Statements - Facilio
| 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 |
Facilio Comparisons
Competitors of Facilio
Facilio 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 MRI Software, AppFolio, Johnson Controls, SMS Assist and Happy, 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 |
Property management software is provided for residential and commercial properties.
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| domain | founded_year | HQ Location |
SaaS-driven property management software for owners and residential property managers
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| domain | founded_year | HQ Location |
Automotive batteries and HVAC equipment are manufactured and supplied globally.
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| domain | founded_year | HQ Location |
SaaS-driven maintenance solutions for commercial spaces are provided.
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| domain | founded_year | HQ Location |
Software for property maintenance, asset management, and leasing is developed.
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| domain | founded_year | HQ Location |
Community engagement platform for facility managers 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 Facilio
Frequently Asked Questions about Facilio
When was Facilio founded?
Facilio was founded in 2017 and raised its 1st funding round 1 year after it was founded.
Where is Facilio located?
Facilio is headquartered in New York, United States. It is registered at New York, New York, United States.
Who is the current CEO of Facilio?
Prabhu Ramachandran is the current CEO of Facilio. They have also founded this company.
Is Facilio a funded company?
Facilio is a funded company, having raised a total of $42.9M across 3 funding rounds to date. The company's 1st funding round was a Seed of $1.5M, raised on Mar 19, 2018.
How many employees does Facilio have?
As of Apr 06, 2024, the latest employee count at Facilio is 182.
What is the annual revenue of Facilio?
Annual revenue of Facilio is $5.25M as on Mar 31, 2023.
What does Facilio do?
SaaS-driven property operations and maintenance software. The companys product modules include facility management software for work order management, preventive maintenance management, asset and space management, predictive maintenance, IoT- driven analytics, HVAC monitoring, and fire safety solution. The system enables facility managers to get access to real-time data, collaborate with team members, track asset performance, manage space and maintenance issues, schedule maintenance and inspection, and more.
Who are the top competitors of Facilio?
Facilio's top competitors include AppFolio, Happy and Johnson Controls.
Who are Facilio's investors?
Facilio has 4 investors. Key investors include Accel, Brookfield Asset Management, Dragoneer, and Tiger Global.
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