“This funding will enable us to increase our market management, increase gross sales and advertising and marketing, and allow extra firms to achieve success by means of a predictive, linked mannequin of actual property operations,” Prabhu Ramachandran, founder and CEO, Facilio mentioned in a press release.
Facilio provides a unified software program platform that leverages an AI-led predictive engine to assist actual property portfolios digitize processes and optimize their property operations. The answer aggregates knowledge from a number of, disconnected programs throughout portfolios into an built-in, cloud-based platform, serving to operations & upkeep [O&M] groups grow to be data-driven and agile.
“We’re uniquely positioned to speed up digital transformation within the constructed world and lead the business’s transition in the direction of IoT-led linked buildings,” Ramachandran mentioned.
Presently, Facilio is fixing operational issues for over 10,000 properties, over 100 million sq. ft throughout 12 nations. The corporate’s rising record of portfolio-scale deployments contains over 40 bigger enterprise clients throughout the industrial workplace, healthcare, retail, banking, and authorities actual property classes.
“Facilio has unlocked a world of potential with its AI-based predictive strategy to extend operational effectiveness,” mentioned Eric Jones, Accomplice at Dragoneer Funding Group. “The corporate is on its approach to revolutionizing operations for actual property portfolios and we’re proud to assist this customer-obsessed staff.”
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