About Rachio
Rachio is a company based in Denver (United States) founded in 2012 was acquired by Rain Bird in October 2025.. Rachio has raised $22.64 million across 10 funding rounds from investors including eLab Ventures, Eastside Partners and Bonaventure Capital. Rachio offers products and services including Smart Watering Devices and Rachio App. Rachio operates in a competitive market with competitors including Irrigreen, SOLEM, Flora, RAIN and Demand Side Instruments, among others.
- Headquarter Denver, United States
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Sectors
EnvironmentAgriculture Technology
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Phone
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Website
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Social
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- Legal Name Rachio Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$22.64 M (USD)
in 10 rounds
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Latest Funding Round
$10.53 M (USD), Series B
Mar 11, 2018
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Investors
eLab Ventures
& 8 more
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Employee Count
Employee Count
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Acquired by
Rain Bird
(Oct 02, 2025)
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Products & Services of Rachio
Rachio offers a comprehensive portfolio of products and services, including Smart Watering Devices and Rachio App. 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.
Devices for automated irrigation and water conservation
App to control and monitor smart watering systems
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Funding Insights of Rachio
Rachio has successfully raised a total of $22.64M across 10 strategic funding rounds. The most recent funding activity was a Series B round of $10.53 million completed in March 2018. 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 10
- Last Round Series B — $10.5M
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First Round
First Round
(20 Nov 2013)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2018 | Amount | Series B - Rachio | Valuation | Eastside Partners | |
| Nov, 2015 | Amount | Series A - Rachio | Valuation | Arborview Capital | |
| Aug, 2015 | Amount | Series A - Rachio | Valuation | Alexa Fund |
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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 Rachio
Rachio has secured backing from 9 investors, including venture fund investors. Prominent investors backing the company include eLab Ventures, Eastside Partners and Bonaventure Capital. 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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Growth-stage investments are provided by Eastside Partners in technology and healthcare.
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Founded Year | Domain | Location | |
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Growth capital investments are managed by this private equity firm.
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Founded Year | Domain | Location | |
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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 Rachio
| 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 - Rachio
| 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 |
Rachio Comparisons
Competitors of Rachio
Rachio 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 Irrigreen, SOLEM, Flora, RAIN and Demand Side Instruments, 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 |
Provider of smart sprinkler systems and irrigation solutions
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| domain | founded_year | HQ Location |
Connected devices for irrigation and garden management are supplied.
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| domain | founded_year | HQ Location |
Flora is focused on plant care through technology solutions.
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| domain | founded_year | HQ Location |
Smart irrigation systems are manufactured for residential and professional applications.
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| domain | founded_year | HQ Location |
Provider of irrigation solutions for agriculture
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Rachio
Frequently Asked Questions about Rachio
When was Rachio founded?
Rachio was founded in 2012 and raised its 1st funding round 1 year after it was founded.
Where is Rachio located?
Rachio is headquartered in Denver, United States. It is registered at Denver, Colorado, United States.
Is Rachio a funded company?
Rachio is a funded company, having raised a total of $22.64M across 10 funding rounds to date.
What does Rachio do?
Provider of a smart sprinkler controller and flow-meter. It offers wifi-connected devices that have features like zone monitoring, leak detection, blockage notification, instant water supply cut-off if a leak is detected, and outdoor water usage monitoring. It provides a smartphone application to monitor and manage the controller device, weather data aggregation to schedule watering, instant leak notifications, and a user can view water flow rates. It also develops a wireless flow meter using technology that monitors outdoor water usage, and leak detection and communicates data to the smartphone application.
Who are the top competitors of Rachio?
Rachio's top competitors include Irrigreen, Orbit Irrigation and Flora.
What products or services does Rachio offer?
Rachio offers Smart Watering Devices and Rachio App.
Who are Rachio's investors?
Rachio has 9 investors. Key investors include eLab Ventures, Eastside Partners, Bonaventure Capital, Alexa Fund, and Arborview Capital.
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