Facilio is a technology company.
Facilio has raised $41.0M across 2 funding rounds.
Facilio has raised $41.0M in total across 2 funding rounds.
Facilio is an AI-driven, cloud-native SaaS platform for facilities operations and maintenance (O&M), unifying data from IoT, building management systems (BMS), and other sources to deliver real-time insights, predictive maintenance, and portfolio-wide control.[1][2][3] It serves commercial real estate owners, operators, healthcare, retail, and higher education enterprises, managing over 100 million sq. ft. globally by optimizing energy, assets, workforce, sustainability, and tenant engagement—reducing O&M costs by 10-40%, asset downtime by up to 50%, and enabling data-driven decisions via a connected CMMS.[4][5][6] Key modules include fault detection and diagnostics (FDD), energy analytics, automated workflows, and no-code integrations, deployable in 4-8 weeks without overhauling existing systems.[1][3][6]
Founded in May 2017 and headquartered in Atlanta, Georgia (USA), with operations in UAE and India, Facilio emerged to address fragmented building data in commercial real estate by harnessing IoT, AI, and ML for centralized O&M.[1][2][5] The founders identified a critical gap: legacy systems lacked real-time, portfolio-scale visibility, forcing manual interventions and inefficiencies; Facilio's "Connect-Optimize-Control" methodology was born to consolidate BMS data on the cloud without rip-and-replace upgrades.[1][3] Early traction came from enterprises adopting it for 30+ million sq. ft., scaling to 100 million sq. ft. today, with testimonials like Investa's 40% asset downtime reduction highlighting pivotal validation in sectors like offices and healthcare.[1][4][6]
Facilio rides the connected buildings and digital twin trends in proptech, where IoT proliferation and ESG mandates demand real-time O&M intelligence amid rising energy costs and net-zero goals.[1][2][4] Timing aligns with post-pandemic shifts to hybrid workspaces and sustainability compliance, amplified by AI/ML advancements enabling predictive analytics over reactive maintenance.[3][7] Market forces like fragmented BAS data and labor shortages favor Facilio's unified platform, which influences the ecosystem by accelerating PropTech adoption—integrating with finance tools and enabling operators like Investa to benchmark portfolios, cut emissions, and enhance tenant retention in a $ trillions CRE market.[1][5][6]
Facilio is poised to dominate enterprise O&M as AI agents and edge computing mature, potentially expanding into smart cities and industrial IoT for 200M+ sq. ft. under management.[2][3] Trends like generative AI for autonomous buildings and regulatory pushes for carbon tracking will amplify its edge, evolving influence from CRE optimizer to full-stack proptech enabler—unlocking efficiencies in an increasingly data-rich built environment.[4][7] This positions Facilio as a cornerstone for scalable, sustainable operations, directly advancing the portfolio intelligence its platform pioneered.
Facilio has raised $41.0M in total across 2 funding rounds.
Facilio's investors include Addition, B Capital Group, Bora&Sons, Broadway Angels, Builders VC, CVS Health, Ali Tamaseb, Dragoneer Investment Group, Future Positive Capital, Gradient Ventures, Hardware Club, Index Ventures.
Facilio has raised $41.0M across 2 funding rounds. Most recently, it raised $35.0M Series B in February 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Feb 1, 2022 | $35.0M Series B | Addition, B Capital Group, Bora&Sons, Broadway Angels, Builders VC, CVS Health, Ali Tamaseb, Dragoneer Investment Group, Future Positive Capital, Gradient Ventures, Hardware Club, Index Ventures, Proximo Ventures, PS Investments, #SecretFund, Aaron Patzer, Clement Benoit, Hana Besbes, Harold Mechelynck, Nimit Maru, Parker Harris, Ran Makavy, Romain Afflelou, Russell Fradin, Russ Fradin, Thibaud Elziere, Vivek Garipalli | |
| Dec 1, 2018 | $6.0M Series A | Addition, Future Positive Capital, Hardware Club, Index Ventures, Proximo Ventures, #SecretFund, Clement Benoit, Harold Mechelynck, Romain Afflelou, Thibaud Elziere |