Virtual Facility provides software that helps large buildings like hospitals and universities manage their operations more efficiently. Their platform automates tasks related to alarms and maintenance, allowing facilities to respond to issues quickly and reduce unnecessary alarms. This software uses data to help prioritize and resolve alarm events, which can lower operational costs and improve overall management. Unlike other companies in the facility management space, Virtual Facility focuses specifically on institutional facilities and offers a subscription-based service that scales with the size of the facility. The main goal of Virtual Facility is to help these institutions understand and control their operational costs through intelligent automation and real-time monitoring.