{"id":25312,"date":"2022-02-22T16:28:19","date_gmt":"2022-02-22T10:58:19","guid":{"rendered":"https:\/\/tradebrains.in\/features\/biz-realty-facilio\/"},"modified":"2022-02-22T16:29:48","modified_gmt":"2022-02-22T10:59:48","slug":"biz-realty-facilio","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/biz-realty-facilio\/","title":{"rendered":"Proptech firm Facilio gets $35mn from Dragoneer, Brookfield and others"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-163558358\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>Mumbai, Feb 22 (PTI) Facilio, a SaaS-based property app that claims to improve operational efficiency, has secured USD 35 million(around Rs 260 crore) in a funding round led by Dragoneer Investment Group.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-927565687\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div>\n<p> Brookfield Growth and existing investors Accel India and Tiger Global Management also participated in Series-B funding round.<\/p>\n<p> The startup said it will use the money to expand its team, deepen penetration and strengthen R&#038;D initiatives.<\/p>\n<p> It leverages an AI-led predictive engine to help real estate portfolios digitise processes and optimise their property operations by aggregating data from multiple, disconnected systems across portfolios into an integrated, cloud-based platform, helping operations and maintenance teams become data-driven and agile.<\/p><div class=\"trade-content_5\" id=\"trade-3025538424\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div>\n<p> The platform offers a suite of SaaS (software as a service) applications for maintenance and operational visibility, sustainability, and remote equipment performance monitoring.<\/p>\n<p> Prabhu Ramachandran, co-founder and chief executive said this investment will allow them to extend market leadership, expand sales and marketing.<\/p>\n<p> Currently, Facilio is solving operational problems for over 10,000 properties, over 100 million sq ft across 12 countries. Its growing list of portfolio-scale deployments includes over 40 large enterprise customers across the commercial office, healthcare, retail, banking, and government real estate categories.<\/p>\n<p> Facilio has unlocked a world of potential with its Artificial Intelligence-based predictive approach to increase operational effectiveness, said Eric Jones, a partner at Dragoneer.<\/p>\n<p> Founded in 2017 by Prabhu Ramachandran, Rajavel Subramanian, Krishnamoorthi Rangasamy, and Yogendra Babu, Facilio has been defining and building category growth.<\/p>\n<p> Dragoneer is a growth-oriented investment firm with over USD 25 billion in long-duration capital. It has partnered with companies like Airbnb, Alibaba, Atlassian, Snowflake, Spotify, Uber, UiPath, Urban Company, Zomato, and many others. PTI BEN  ANU ANU<\/p><div class=\"trade-content-10\" id=\"trade-1682495804\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div>\n<div class=\"trade-after-content\" id=\"trade-2749732996\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>Mumbai, Feb 22 (PTI) Facilio, a SaaS-based property app that claims to improve operational efficiency, has secured USD 35 million(around Rs 260 crore) in a funding round led by Dragoneer Investment Group. Brookfield Growth and existing investors Accel India and Tiger Global Management also participated in Series-B funding round. The startup said it will use [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1696,31],"tags":[],"class_list":["post-25312","post","type-post","status-publish","format-standard","hentry","category-corporate-action","category-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Proptech firm Facilio gets $35mn from Dragoneer, Brookfield and others - Trade Brains Features<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/biz-realty-facilio\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Proptech firm Facilio gets $35mn from Dragoneer, Brookfield and others\" \/>\n<meta property=\"og:description\" content=\"Mumbai, Feb 22 (PTI) Facilio, a SaaS-based property app that claims to improve operational efficiency, has secured USD 35 million(around Rs 260 crore) in a funding round led by Dragoneer Investment Group. Brookfield Growth and existing investors Accel India and Tiger Global Management also participated in Series-B funding round. 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