About PenBay Solutions
PenBay Solutions is a Business Services company based in Topsham (United States) founded in 2010, and was acquired by Cartegraph in June 2020. Facility lifecycle software solutions are developed for planning and management. The company was acqui-hired. Its focus areas include Real Estate and Construction Tech, Facility Management Tech, Asset and Space Management and Computer Aided Facility Management. Its competitors include ServiceChannel, Comfy and Cityworks; 3 of its 3 listed competitors have raised funding.
Company details
PenBay Solutions was founded in 2010 in Topsham, United States, within the facility management software sector. Interactive maps, floor plans, and graphical tools are utilized in the Invision software suite to analyze portfolios, sites, spaces, assets, infrastructure, and leases. Additional modules address security planning, risk analysis, operations, and school safety, supporting comprehensive facility protection and operations across campuses, buildings, and utilities.
- Headquarters Topsham, United States
- Stage Acquired
- SectorsBusiness Services
- Website penbaysolutions.com
- Social LinkedIn X Facebook
- Acquired by Cartegraph (Jun 2020)
- Investors
- Acquired byCartegraph
(Jun 2020)
Investors in PenBay Solutions
PenBay Solutions has secured backing from 1 investor. Prominent investors backing the company include Cartegraph.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Operation management systems are offered for assets, work, and resources. | 1994 | cartegraph.com | Dubuque, United States |
Investor details for PenBay Solutions
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Timeline of PenBay Solutions
2 dated milestones of PenBay Solutions across 10 years, from founding to its latest funding, stage changes and deals.
- Founded PenBay Solutions is founded.
- Exit Acquired by Cartegraph.
Competitors of PenBay Solutions
PenBay Solutions has 3 listed competitors in our database, 3 of them funded. They include ServiceChannel, Comfy and Cityworks.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| servicechannel.com | 1999 | New York, United States | $54M | 227 | Cloud and app-based facility management and service automation platform | |
| comfyapp.com | 2013 | Oakland, United States | $25.35M | 59 | Provider of smart building control software | |
| cityworks.com | 1986 | Sandy, United States | $14.5M | 121 | GIS-centric asset management software is offered for government agencies. |
Detailed competitors of PenBay Solutions
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Top companies in Facility Management Platforms
3 companies that operate in the same segment as PenBay Solutions (Facility Management Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based software is provided for managing outdoor events and activities. | 1999 | Dallas, Texas, United States | USD 313.84 M | 2,458 | ||
Envoy is recognized for providing workplace management solutions. | 2013 | San Francisco, California, United States | USD 170.5 M | 463 | ||
IoT connectivity platform from prototype to production is developed. | 2011 | San Francisco, California, United States | USD 134.87 M | 109 |
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Related news about Penbay Solutions
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Frequently Asked Questions about PenBay Solutions
PenBay Solutions was founded in 2010.
PenBay Solutions is headquartered in Topsham, United States. It is registered at Topsham, Maine, United States.
PenBay Solutions was founded in 2010 in Topsham, United States, within the facility management software sector. Interactive maps, floor plans, and graphical tools are utilized in the Invision software suite to analyze portfolios, sites, spaces, assets, infrastructure, and leases. Additional modules address security planning, risk analysis, operations, and school safety, supporting comprehensive facility protection and operations across campuses, buildings, and utilities.
PenBay Solutions's top competitors include ServiceChannel, Comfy and Cityworks.
PenBay Solutions has 1 investor. Key investors include Cartegraph.
Yes. PenBay Solutions was acquired by Cartegraph in June 2020.