When was Rachio founded?

Rachio was founded in 2012 and raised its 1st funding round 1 year after it was founded.

Where is Rachio located?

Rachio is headquartered in Denver, United States.

How many employees does Rachio have?

As of Jun 30, 2026, the latest employee count at Rachio is 31.

Is Rachio a funded company?

Rachio is a funded company, having raised a total of $20.1M across 7 funding rounds to date. The company's 1st funding round was a $***** Conventional Debt round, raised on Nov 20, 2013.

When was the latest funding round of Rachio?

Rachio's latest funding was a $***** Series B round on Mar 11, 2018, with participation from 3 investors.

Where does Rachio rank among its competitors?

Rachio ranks 1st amongst 75 active competitors, of which 9 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was Weathermatic, which secured an undisclosed amount in Dec, 2025.

Who are the top competitors of Rachio?

Rachio's top competitors include Irrigreen, Orbit Irrigation and Weathermatic. Among them, Weathermatic secured the most recent funding round in December, 2025.

Rachio - 2026 Company Profile, Team, Funding & Competitors

Rachio is an acquired company based in Denver (United States), founded in 2012 by Franz Garsombke and Christopher Klein. It operates as a Smart watering solutions for efficient irrigation and outdoor home automation. Rachio has raised $20.1M in funding from investors like 500 Global, Eastside Partners and Arborview Capital. The company has 75 active competitors, including 9 funded and 4 that have exited. Its top competitors include companies like Irrigreen, Orbit Irrigation and Weathermatic.

Company Details

Smart watering solutions for efficient irrigation and outdoor home automation. The company provides innovative technology to optimize outdoor spaces with smart controllers and personalized recommendations. They focus on water conservation through efficient irrigation systems, offering products for both residential and professional use. Their solutions include smart sprinkler controllers, hose timers, and smart lighting controllers, all designed to connect the home to a smarter way to manage outdoor watering. They offer features like valve monitoring, weather-based adjustments, and integrations with other smart home systems. The company is committed to long-term support and transparent practices, ensuring customers have access to reliable and innovative solutions for their yards and gardens. They also offer a recycling program for old controllers and bulk deals for professionals. The website offers login, cart, blog, help center, rebates, reviews, Android App, iOS App, Web Login, subscription, and B2B sales.

Website: rachio.com
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Key Metrics

Founded Year

2012

Location

Denver, United States

Stage

Acquired

Total Funding

$20.1M in 7 rounds

Latest Funding Round

Series B, Mar 11, 2018, $*****

Investors

500 Global & 16 more

Ranked

1^st among 75 active competitors

Employee Count

31 as on Jun 30, 2026

Similar Companies

Irrigreen & 113 more

Exit Details

Acquired by Rain Bird (Oct 02, 2025)

View Rachio's full profile

Rachio is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
Rachio, Inc. CIN: 0001592541 , United States, Active		$1 - $1M (As on Nov 20, 2013)	-	-

Rachio got acquired by Rain Bird on Oct 02, 2025.

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

Rachio has raised a total funding of $20.1M over 7 rounds. Its first funding round was on Nov 20, 2013. Its latest funding round was a Series B round on Mar 11, 2018 for $*****. 3 investors participated in its latest round. Rachio has 17 institutional investors.

Here is the list of recent funding rounds of Rachio:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 11, 2018	2606970	Series B	9072012	3594998	2704118	8768130
Nov 25, 2015	8144372	Series A	5877307	8929781	5683438	eLab Ventures & 1 more
Aug 27, 2015	5332553	Series A	7904585	1829610	Alexa Fund	9716546

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View details of Rachio's funding rounds and investors

The founders of Rachio are Franz Garsombke and Christopher Klein.

Here are the details of Rachio's key team members:

Franz Garsombke: Co-Founder of Rachio and founder of 1 other company.
Christopher Klein: Co-founder / CPO of Rachio.

View details of Rachio's Founder profiles and Board Members

Rachio's employee count trend

Rachio has 31 employees as of Jun 26. Here is Rachio's employee count trend over the years:

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Top competitors of Rachio include Irrigreen, Orbit Irrigation and Weathermatic. Here is the list of Top 10 competitors of Rachio, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Rachio 2012, Denver (United States), Acquired	Smart watering solutions for efficient irrigation and outdoor home automation	$20.1M	500 Global, SK Ventures & 15 others	68/100
2nd	Irrigreen 2013, Edina (United States), Series A	Manufacturer of smart sprinkler systems designed for efficient lawn watering	$34M	Tamiami Angel Funds, MFV Partners & 13 others	62/100
3rd	Orbit Irrigation 1986, Bountiful (United States), Acquired	Smart watering, sprinkler, and drip systems for efficient lawn care	-	-	51/100
4th	Weathermatic 1945, Garland (United States), Late Stage	Manufacturer of water conservation equipment	-	Rock Hill Capital, True West	49/100
5th	Blossom 2014, Irvine (United States), Acquired	Lawn and gardening solutions for a greener, healthier outdoor space	$6M	Envoy Ventures, Innoventure Partners & 1 others	48/100
6th	Reinke Manufacturing 1954, Lincoln (United States), Unfunded	Manufacturer of center pivot and lateral move irrigation systems	-	-	42/100
7th	LinkTap 2015, United States, Unfunded	Wireless watering control device provider	-	-	41/100
8th	Cyber Rain 2006, Encino (United States), Series B	Provider of smart, weather-based irrigation controllers for efficient lawn watering	$4.09M	Funk Ventures, Athenian Venture Partners & 2 others	36/100
9th	Grove 2013, Somerville (United States), Deadpooled	Manufactures and supplies IoT-based aquaponic growing system	$5.97M	Upfront Ventures, Dorm Room Fund & 12 others	36/100
10th	ETwater 2002, Novato (United States), Acquired	DNS redirection services provider ensuring seamless website transitions and optimal user experience	$3.22M	-	36/100