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 solutions are designed 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 accelerate business growth. By combining its software offerings with deep industry expertise and professional services, Accruent empowers organizations to maximize their investments in people, assets, and facilities, illuminating previously unseen possibilities for improvement and efficiency.
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 Red Rock Ventures, Peninsula Equity Partners, Stanford University, Constellation Real Technologies, and Sierra Ventures
Key Investors in Accruent
Red Rock Ventures
Red Rock Ventures is a venture capital firm based in Palo Alto, California, specializing in seed and early-stage information technology investments. They bring extensive experience from operating management, entrepreneurship, and venture capital, with a track record of successfully founding and financing high-technology companies.
Peninsula Equity Partners
Peninsula Ventures focuses on early-stage enterprise software companies, particularly in B2B SaaS, Cloud, Fintech, Cybersecurity, and Healthcare IT. They support entrepreneurs in building scalable businesses and are known for their efficient capital utilization and commitment to innovation.
Sierra Ventures
Sierra Ventures is a Silicon Valley-based venture capital firm that invests in early-stage technology startups, primarily at the Seed and Series A stages. Their investment focus includes enterprise software, infrastructure, data/AI, and frontier tech, partnering with founders from product-market fit through scaleup and exit.
What's next for Accruent?
The recent major enterprise-level funding positions Accruent for continued strategic growth and market penetration. With a focus on enhancing its integrated platform for workplace and asset management, the company is poised to further solidify its leadership in unifying the built environment. Future investments are likely to target advancements in data analytics, AI-driven insights, and expanded service offerings to meet the evolving needs of its enterprise clientele. This capital infusion will support Accruent's mission to drive operational excellence and business growth for its customers through sophisticated software solutions and expert guidance.
See full Accruent company page
