FM Systems

Raleigh, United States Founded: 1984 • Age: 42 yrs Acquired By Johnson Controls
Facility, maintenance, and workplace management solutions are delivered.
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About FM Systems

FM Systems is a company based in Raleigh (United States) founded in 1984 was acquired by Johnson Controls in July 2023.. FM Systems has completed 2 acquisitions, including Rifiniti and Wizzpass. FM Systems offers products and services including Space Management, Facility Maintenance, Desk Booking, and Utilization Analytics. FM Systems operates in a competitive market with competitors including Envoy, HqO, Accruent, Eden Workplace and Nuvolo Technologies, among others.

  • Headquarter Raleigh, United States
  • Sectors
    Business Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Fm Systems Inc
Operational Areas
Business Services → Facility, Security & Field Operations
Key Metrics
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Products & Services of FM Systems

FM Systems offers a comprehensive portfolio of products and services, including Space Management, Facility Maintenance, Desk Booking, and Utilization Analytics. 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.

Primary

Software for planning and optimizing office spaces efficiently.

Tools for asset tracking and preventative maintenance services.

Platform for scheduling and managing employee desk reservations.

System for monitoring and analyzing space usage data.

People of FM Systems
Headcount 200-500
Employee Profiles 65
Employee Profiles
People
Nirav Gorajia
Sr. Customer Success Manager
People
Kelly Schrag
Senior Quality Assurance Engineer
People
Jamie Randall
Customer Service Support Engineer
People
Emily Altman
Human Resources Generalist

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Funding Insights of FM Systems

  • Total Funding
  • Total Rounds 2
  • Last Round
  • First Round
  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Feb, 2020 Amount Debt – Conventional - FM Systems Valuation

investors

Feb, 2017 Amount Private Equity Round - FM Systems Valuation Accel-KKR
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in FM Systems

FM Systems has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Ares Capital Corporation, Johnson Controls and Accel-KKR. 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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Private equity and debt investments are managed for businesses.
Founded Year Domain Location
Investments are focused on mid-market software and technology-enabled services firms.
Founded Year Domain Location
Automotive batteries and HVAC equipment are manufactured and supplied globally.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by FM Systems

FM Systems has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Rifiniti and Wizzpass. 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.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Parking solutions system and app
2015
Office space utilization is optimized via SaaS intelligence tools.
2012
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - FM Systems

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Fm Systems Comparisons

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Competitors of FM Systems

FM Systems 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, HqO, Accruent, Eden Workplace 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
domain founded_year HQ Location
Envoy is recognized for providing workplace management solutions.
domain founded_year HQ Location
SaaS-based management solutions are offered for commercial buildings.
domain founded_year HQ Location
SaaS-driven IWMS solutions are provided for construction and facilities management.
domain founded_year HQ Location
SaaS-based workplace management software for offices is delivered.
domain founded_year HQ Location
Cloud-based software for connected workplace management is provided.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Fm Systems

Frequently Asked Questions about FM Systems

When was FM Systems founded?

FM Systems was founded in 1984 and raised its 1st funding round 33 years after it was founded.

Where is FM Systems located?

FM Systems is headquartered in Raleigh, United States. It is registered at Raleigh, North Carolina, United States.

What does FM Systems do?

Facility, maintenance, and workplace management solutions. The software improves the management of space, occupancy, moves, maintenance, projects, sustainability, assets, leases, and property. They offer integrated workplace management systems (IWMS) that help organizations optimize facility operations and manage real estate costs. With their objective data and workplace intelligence, they empower businesses to make informed decisions about their workplace experience.

Who are the top competitors of FM Systems?

FM Systems's top competitors include Envoy, Accruent and Eden Workplace.

What products or services does FM Systems offer?

FM Systems offers Space Management, Facility Maintenance, Desk Booking, and Utilization Analytics.

How many acquisitions has FM Systems made?

FM Systems has made 2 acquisitions, including Rifiniti, and Wizzpass.

Who are FM Systems's investors?

FM Systems has 3 investors. Key investors include Ares Capital Corporation, Johnson Controls, and Accel-KKR.

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