Green Tech Startup Raises $1.5 Million From Accel Partners
Green Tech Startup Facilio raised a funding round of around $1.5 million from Accel Partners.
Founded in March 2017 by former Zoho Executives Prabhu Ramachandra, Rajavel Subramanian and Yogendra Babu, the firm runs facilities on autopilot from maintenance to sustainability; meaning that it manages to build operations in real time across a collection of buildings through an integrated facilities management software that makes use of IoT and machine learning. They combine the flexibility facility managers that technicians want with the receptiveness and experience occupants need. By turning an agglomeration of data from different streams into one dashboard, they are able to draw useful interpretations from the data.
“Our product is for companies that own and operate multiple buildings. 2...