What is Accruent?
Accruent is recognized as the world's leading provider of workplace and asset management software, focused on unifying the built environment. The company's core mission is to foster a more connected future where people, systems, and data operate synergistically. This integration aims to drive informed decision-making, enhance operational excellence, and promote business growth. Accruent's solutions are designed not only to deliver expected outcomes but also to reveal previously unseen possibilities, augmented by deep industry expertise and professional services.
How much funding has Accruent raised?
Accruent has raised a total of $10M across 1 funding round:
Series A
$10M
Series A (2002): $10M with participation from Peninsula Equity Partners, Sierra Ventures, Stanford University, Constellation Real Technologies, and Red Rock Ventures
Key Investors in Accruent
Peninsula Equity Partners
Peninsula Ventures is a VC firm specializing in early-stage enterprise software, particularly B2B SaaS, Cloud, Fintech, Cybersecurity, and Healthcare IT. They support entrepreneurs in building scalable businesses across the US.
Sierra Ventures
Sierra Ventures is a Silicon Valley-based venture capital firm investing in early-stage technology startups, focusing on enterprise software, infrastructure, data/AI, and frontier tech from Seed through Series A.
Stanford University
Stanford University is a leading research institution known for its entrepreneurial spirit and interdisciplinary approach to problem-solving across various fields, including technology and sciences.
What's next for Accruent?
With a history of significant capital infusion, Accruent is well-positioned for continued expansion and innovation in the enterprise software space. The company's focus on unifying the built environment suggests a strategic direction towards comprehensive facility and asset lifecycle management. Future developments are likely to center on leveraging advanced technologies to further enhance data-driven decision-making for its clients, solidifying its leadership in operational excellence and business growth. The sustained investment indicates a strong market demand for integrated workplace and asset management solutions.
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