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Rachio

company

About

Rachio is a software and hardware company that focuses on improving the water efficiency of homes.

  • 51 - 100

Highlights

Total Funding Amount
$17.10M
Funding Rounds
3
Investors
3

Details

Last Funding Type
Series A
Last Funding Money Raised
$7.10M
Industries
Consumer Electronics,Internet,Smart Home,Software,Water
Founded date
Oct 31, 2012
Number Of Employee
51 - 100
Operating Status
Active

Rachio is a Denver-based software and hardware company focused on improving the water efficiency of homes. The company's Smart Controller enables to control outdoor sprinkler system from the palm of the user's hand, using a WiFi-enabled iOS or Android device. Rachio’s cloud-based software allows customers to manage their sprinkler systems from anywhere.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
3
$17.10M
Rachio has raised a total of $17.10M in funding over 2 rounds. Their latest funding was raised on Mar 20, 2018 from a Series B round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Mar 20, 2018 Series B $10M 1 — — Detail
Nov 25, 2015 Series A $7.10M 2 — — Detail
Aug 27, 2015 Series Unknown — 1 Amazon — Detail

Investors

Number of Lead Investors
Number of Investors
1
3
Rachio is funded by 3 investors. Amazon and Miramar Digital Ventures are the most recent investors.
Investor Name Lead Investor Funding Round
Amazon Yes Series Unknown
Miramar Digital Ventures — Series B
Ethos Family Office — Series A
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