What is Facilio?
Facilio operates an AI-driven property operations platform designed to empower real estate owners to consolidate building data, optimize performance, and streamline portfolio management from a unified interface. Serving diverse sectors including commercial office, healthcare, retail, and education globally, Facilio's solution is instrumental in reducing operational expenditures, enhancing net asset value, and mitigating operational risks. The company, headquartered in New York City, maintains a global presence with offices in key international hubs.
How much funding has Facilio raised?
Facilio has raised a total of $41.4M across 2 funding rounds:
Series A
$6.4M
Series B
$35M
Series A (2018): $6.4M with participation from Tiger Global
Series B (2022): $35M led by Tiger Global Management, Dragoneer Investment Group, Brookfield Growth, and Accel
Key Investors in Facilio
Tiger Global
Tiger Global is an investment firm known for its significant backing of technology companies across various stages of growth, often focusing on high-potential disruptors in the software and internet sectors.
Tiger Global Management
Tiger Global Management is an investment firm that deploys capital in both public and private markets, with a history of investing in rapidly scaling technology businesses.
Dragoneer Investment Group
Dragoneer Investment Group is a growth-oriented investment firm that partners with companies to support their long-term expansion, often focusing on technology and internet businesses.
What's next for Facilio?
The recent major strategic investment positions Facilio for accelerated growth and market penetration. This infusion of capital is likely to be directed towards enhancing its AI capabilities, expanding its global sales and support infrastructure, and forging new strategic partnerships. Facilio's focus on aggregating building data and optimizing operations aligns with the increasing demand for smart building technologies and sustainable real estate management, suggesting a trajectory towards becoming a dominant player in the proptech industry.
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