Facilio offers a unified, cloud-based property operations platform that aggregates data from multiple disconnected systems and applies an AI-led predictive engine to digitize maintenance, sustainability, and equipment performance workflows. Its SaaS suite includes CMMS/CaFM-style maintenance and operational visibility tools plus sustainability and remote equipment monitoring. The platform helps operations & maintenance teams become data-driven, reduce operating costs, and elevate customer experiences. Facilio reports deployments across 10k+ properties covering over 100 million sq. feet in 12 countries and more than 40 large enterprise customers spanning commercial office, healthcare, retail, banking, and government. The company plans to use recent investment to extend market leadership, expand sales and marketing, and accelerate the transition toward IoT-led connected buildings and predictive real estate operations. Facilio provides unified IoT- and AI-driven facilities optimization software that delivers end-to-end building maintenance, operations, sustainability and tenant experience across portfolios. The product targets facilities management across portfolios and uses IoT and AI to optimize operations. The company was founded in 2017 by cloud and IoT veterans Prabhu Ramachandran, Rajavel Subramanian, Yogendra Babu and Krishnamoorthi Rangasamy. Facilio is based in Atlanta, GA and Chennai, India. Within a year of starting commercial product availability the company experienced market penetration across the Middle East, US and India. It raised $6.4M in a Series A and intends to use the funds to further consolidate and strengthen its presence in those markets and expand into new territories.

Total raised

$41M

Funding rounds

2

Latest round

Series B

Latest activity

Feb 2022