What is Facility?
FacilityONE® Technologies, LLC, headquartered in Louisville, Kentucky, distinguishes itself as the world's sole provider of an interconnected, interactive blueprint-enhanced CMMS, complemented by custom data analytics as a service (AaaS). The company offers a comprehensive solution encompassing Computerized Maintenance Management System (CMMS), Computer-Aided Facility Management (CAFM), and asset management. Its proprietary SMARTPRINT® technology is central to its offering, facilitating data aggregation, compliance, and risk mitigation. Established in 1999 by a collective of engineers and facility managers, FacilityONE has carved a niche in the Enterprise Asset Management (EAM) landscape by delivering an operations solution designed for seamless integration into existing client processes. The platform is currently deployed across millions of square feet in North America, serving over 100,000 users with an impressive 99% retention rate.
How much funding has Facility raised?
Facility has raised a total of $5.5M across 2 funding rounds:
Debt
$2.9M
Debt
$2.5M
Debt (2010): $2.9M, investors not publicly disclosed
Debt (2012): $2.5M, investors not publicly disclosed
What's next for Facility?
With a substantial enterprise-level funding context and a recent strategic investment, FacilityONE is poised for accelerated expansion. The company's focus on its unique SMARTPRINT® technology and its proven track record with a high user retention rate suggest a strategic direction towards enhancing its data analytics capabilities and broadening its market reach. Future developments are likely to involve further integration of AI-driven insights and predictive maintenance solutions, solidifying its position as a leader in the EAM and CAFM market. The company's legacy in enterprise asset management, coupled with its innovative approach, positions it for continued success and potential further capital raises to support its ambitious growth trajectory.
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