Tech Company Financing Transactions
Facilio Funding Round
Facilio, based in New York, raised $6.4 million from Accel Partners, Tiger Global Management and private investors.
Transaction Overview
Company Name
Announced On
12/6/2018
Transaction Type
Venture Equity
Amount
$6,400,000
Round
Series A
Investors
Accel Partners (Lead Investor) (Shekhar Kirani)
Tiger Global Management (Lead Investor) (Lee Fixel)
Proceeds Purpose
The funding will allow us to pursue our expansion and consolidation plans aggressively, while also investing in R & D for product innovation.
Company Information
Company Status
Private & Independent
Industry
Internet & IoT
Mailing Address
401 Park Ave. South
New York, NY 10016
USA
New York, NY 10016
USA
Phone
Undisclosed
Website
Email Address
Overview
Facilio is a management software company that employs IoT and machine learning to help manage buildings operations, maintenance, and sustainability from anywhere. The company reevaluates how building management is done by shifting traditional, tactical facilities management towards more smarter, predictive facilities experience.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Prabhu Ramachandran
Co-Founder
Krishnamoorthi Rangasamy
Co-Founder
Rajavel Subramanian
Co-Founder
Yogendrababu Venkatapathy
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Where The Data Comes From
We do our best to report on funding rounds that are announced publicly. VC investment data records reported here are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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