When was FM Systems founded?

FM Systems was founded in 1984 and raised its 1st funding round 33 years after it was founded.

Where is FM Systems located?

FM Systems is headquartered in Raleigh, United States. It is registered at Raleigh, North Carolina.

How many employees does FM Systems have?

As of May 31, 2026, the latest employee count at FM Systems is 155.

Is FM Systems a funded company?

FM Systems is a funded company, having raised an undisclosed amount across 2 funding rounds to date. The company's 1st funding round was a $***** PE round, raised on Feb 02, 2017.

When was the latest funding round of FM Systems?

FM Systems' latest funding was a $***** Conventional Debt round on Feb 14, 2020, with participation from 1 investor.

Where does FM Systems rank among its competitors?

FM Systems ranks 9th amongst 183 active competitors, of which 23 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was CLR Facility Services, which secured $15M in Jun, 2025.

Who are the top competitors of FM Systems?

FM Systems' top competitors include Envoy, Eptura and Accruent. Among them, CLR Facility Services secured the most recent funding round in June, 2025.

FM Systems - 2026 Company Profile, Team, Funding & Competitors

Q: Is FM Systems an acquired company?

FM Systems got acquired by Johnson Controls on Jul 17, 2023.

Company Details

Facility, maintenance, and workplace management solutions. The software improves the management of space, occupancy, moves, maintenance, projects, sustainability, assets, leases, and property. They offer integrated workplace management systems (IWMS) that help organizations optimize facility operations and manage real estate costs. With their objective data and workplace intelligence, they empower businesses to make informed decisions about their workplace experience.

Website: fmsystems.com
Social
Email ID: *****@fmsystems.com
Phone Number: +1 **********
Registered Address: Raleigh, North Carolina

Key Metrics

Founded Year

1984

Location

Raleigh, United States

Stage

Acquired

Latest Funding Round

Conventional Debt, Feb 14, 2020, $*****

Investors

Accel-KKR & 2 more

Ranked

9^th among 183 active competitors

Employee Count

155 as on May 31, 2026

Investment & Acquisitions

Wizzpass & 1 more

Similar Companies

Envoy & 200 more

Exit Details

Acquired by Johnson Controls (Jul 17, 2023)

View FM Systems' full profile

FM Systems is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
FM SYSTEMS INC CIN: 561905175 , United States, Active	Dec 31, 1999	-	151 (As on Dec 31, 2023)	-

FM Systems got acquired by Johnson Controls on Jul 17, 2023 at an acquisition amount of $*****.

Click here to take a look at FM Systems's acquisition in detail

FM Systems has raised funding over 2 rounds. Its first funding round was on Feb 02, 2017. Its latest funding round was a Conventional Debt round on Feb 14, 2020 for $*****. 1 investor participated in its latest round. FM Systems has 3 institutional investors.

Here is the list of recent funding rounds of FM Systems:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 14, 2020	9668159	Conventional Debt	5444874	3158178	9724931	3981994
Feb 02, 2017	4098221	PE	2226495	2974064	Accel-KKR	2077435

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View details of FM Systems's funding rounds and investors

The founders of FM Systems is Michael Schley. Kurt Von Koch is the CEO of FM Systems.

Here are the details of FM Systems' key team members:

Michael Schley: Founder and Board Member of FM Systems.
Contact Info: 1 email address
Kurt Von Koch: CEO of FM Systems.

View details of FM Systems's Founder profiles and Board Members

FM Systems' employee count trend

FM Systems has 155 employees as of May 26. Here is FM Systems's employee count trend over the years:

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Top competitors of FM Systems include Envoy, Eptura and Accruent. Here is the list of Top 10 competitors of FM Systems, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Envoy 2013, San Francisco (United States), Series C	SaaS-driven workplace and office management solutions for facility managers	$170M	Brookfield Asset Management, Menlo Ventures ... & 19 others	76/100
2nd	Eptura 2012, Atlanta (United States), Acquired	Provider of integrated workplace management systems for facility managers	$28M	NGP Capital, Greycroft & 13 others	69/100
3rd	Accruent 1995, Austin (United States), Acquired	Provider of software for managing people, facilities, and physical assets	$69.3M	GGV Capital, InnoCal Venture Capital & 10 others	67/100
4th	HqO 2018, Boston (United States), Series D	SaaS-driven diversified building management solution for commercial spaces	$200M	Insight Partners, Accomplice & 19 others	65/100
5th	CLR Facility Services 2002, Pune (India), Series B	Provider of integrated facility management, technical, and business support services	$18.4M	IndiaNivesh Fund Managers, British International Investment ... & 2 others	63/100
6th	Smarten Spaces 2017, Singapore (Singapore), Series A	AI-enabled asset & space management solutions	$12M	Symphony Asia Holdings, Capital Group & 2 others	59/100
7th	Eden Workplace 2015, San Francisco (United States), Series B	Provider of workplace management software for desk booking and room scheduling	$69M	Comcast Ventures, Canvas Ventures & 32 others	59/100
8th	Nuvolo Technologies 2013, Paramus (United States), Acquired	Cloud-based connected workplace management software	$56.1M	General Electric, New Enterprise Associates ... & 9 others	53/100
9th	FM Systems 1984, Raleigh (United States), Acquired	Facility, maintenance, and workplace management solutions	-	Ares Capital Corporation, Accel-KKR & 1 others	48/100
10th	Coor 1998, Stockholm (Sweden), Public	Provides commercial property cleaning services	-	3i Group, Cinven & 1 others	51/100