The company intends to use the funds to extend market leadership, expand sales and marketing, and enable more companies to reach success through a predictive, connected model of real estate operations.Founded four years ago by Prabhu Ramachandran, Rajavel Subramanian, Krishnamoorthi Rangasamy, and Yogendra Babu, Facilio provides an AI-driven property operations platform that allows real estate owners to aggregate building data, optimize performance, and control portfolio operations – all from one place. The solution aggregates data from multiple, disconnected systems across portfolios into an integrated, cloud-based platform, helping operations & maintenance [O&M] teams become data-driven and agile. The platform encompasses a suite of SaaS applications for maintenance [CMMS/CaFM solutions] and operational visibility, sustainability, and remote equipment performance monitoring.Customers in the commercial office, healthcare, retail, education, and other real estate categories across the world use it to reduce operations costs, increase net asset value, and de-risk operational liability.Headquartered in New York City, the company offices in Dubai, Chennai, Singapore, and Sydney.22/02/2022
