About Accruent
Accruent offers business office management software that helps organizations manage their physical resources, such as buildings and equipment, across various sectors including healthcare and higher education. Their software includes tools for facilities management, space scheduling, and event management, along with IoT technology for remote monitoring of assets. Unlike competitors, Accruent combines software solutions with professional services to provide expert support tailored to client needs. The company's goal is to improve operational efficiency for its clients by optimizing the management of their physical resources.
Santa Monica, CaliforniaHeadquarters
1995Year Founded
$72.7MTotal Funding
ACQUISITIONCompany Stage
Data & Analytics, Enterprise Software, HealthcareIndustries
1,001-5,000Employees
Risks
Fortive's acquisition may disrupt Accruent's business model and customer relationships.
Integration of RedEye's technology could present cultural and operational challenges.
Accruent Space Intelligence faces competition from established space optimization solutions.
Differentiation
Accruent offers a unique integrated SaaS-based framework for lifecycle resource management.
Their IoT technology enables remote monitoring for optimal asset performance.
Accruent's EMS Flex software addresses the growing need for flexible workspace management.
Upsides
Increased demand for IoT solutions aligns with Accruent's remote monitoring offerings.
Hybrid work models boost demand for Accruent's flexible workspace management solutions.
Sustainability initiatives drive adoption of Accruent's energy-efficient management solutions.
Funding
Total raised$72.66 M
Latest valuation$2.00 B
StageACQUISITION
ACQUISITION
6/30/2018$2.0 K
$2.00 BLATE VC
1/31/2010$32
$160.00 MSERIES F
9/30/2006$6
$27.50 MSERIES E
10/31/2005$5
$25.00 MSERIES D
4/30/2004$12
$61.00 MSERIES C
10/31/2002$10
$50.00 MEARLY VC
10/31/2001$10
$50.00 M