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SMS Assist - About the company

SMS Assist is an acquired company based in Chicago (United States), founded in 2003. It operates as a Provider of SaaS-driven maintenance management solutions for commercial spaces. SMS Assist has raised $255M in funding from investors like Pritzker Group, Insight Partners and Goldman Sachs Investment Partners, with last known valuation of $1B. The company has 1216 active competitors, including 159 funded and 87 that have exited. Its top competitors include companies like Enel X, SPAN and Savant Systems.

Company Details

Provider of SaaS-driven maintenance management solutions for commercial spaces. It integrates clients, affiliates, and employees in one online tech-enabled platform. It offers various managed like vendor management, facility management, work order management, call center management, quality assurance, and asset management. It also offers training and education programs to its technicians.
Social
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Email ID
*****@smsassist.com
Phone Number
+1 **********
Key Metrics
Founded Year
2003
Location
Chicago, United States
Stage
Acquired
Total Funding
$255M in 4 rounds
Latest Funding Round
Last Known Valuation
$1B as on Jun 07, 2016
Ranked
Employee Count
432 as on May 31, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Lessen (Jan 12, 2023)

SMS Assist's acquisition details

SMS Assist got acquired by Lessen on Jan 12, 2023 at an acquisition amount of $*****.
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SMS Assist's funding and investors

SMS Assist has raised a total funding of $255M over 4 rounds. Its first funding round was on Jun 22, 2011. Its latest funding round was a Series D round on Jun 07, 2016 for $150M. 4 investors participated in its latest round. SMS Assist has 11 institutional investors.

Here is the list of recent funding rounds of SMS Assist:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jun 07, 2016
$150M
Series D
$1B
-
May 05, 2015
$45M
Series C
-
-
-
Oct 22, 2013
$45M
Series B
-
-
-
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SMS Assist's founders and board of directors

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SMS Assist's employee count trend

SMS Assist has 432 employees as of May 26. Here is SMS Assist's employee count trend over the years:
Employee count trend for SMS Assist
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SMS Assist's Competitors and alternates

Top competitors of SMS Assist include Enel X, SPAN and Savant Systems. Here is the list of Top 10 competitors of SMS Assist, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Enel X
Enel X
2001, Boston (United States), Acquired
Developer of utility-scale renewable energy projects
$168M
75/100
2nd
Logo for SPAN
SPAN
2014, San Francisco (United States), Series C
Smart energy management technology platform that modernizes residential electrical systems
$419M
73/100
3rd
Logo for Savant Systems
Savant Systems
2005, Barnstable (United States), Late Stage
App and hub for connected device management
$90M
71/100
4th
Logo for Bidgely
Bidgely
2011, Mountain View (United States), Series C
Provider of a solution for consumers to monitor and manage their household energy use
$87.7M
69/100
5th
Logo for Resideo
Resideo
2018, Wilmington (United States), Public
Provider of smart home solutions for security, air, water, and energy
-
69/100
6th
Logo for Happy
Happy
2011, Carlsbad (United States), Series B
Provider of centralized maintenance, asset, and property management software solutions
$77.9M
69/100
7th
Logo for WeMaintain
WeMaintain
2017, Paris (France), Acquired
Provider of elevator maintenance services
$46.1M
65/100
8th
Logo for Breezeway
Breezeway
2015, Boston (United States), Series B
SaaS-driven inspection management software for property and facility managers
$36.2M
65/100
9th
Logo for Amp
Amp
2009, Mississauga (Canada), Acquired
Developer of renewable energy assets, battery storage, and digital energy platforms
$528M
65/100
10th
Logo for Operto
Operto
2005, Vancouver (Canada), Series B
Provider of cloud-enabled property automation and access control solutions
$40.7M
64/100
14th
Logo for SMS Assist
SMS Assist
2003, Chicago (United States), Acquired
Provider of SaaS-driven maintenance management solutions for commercial spaces
$255M
59/100
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SMS Assist's Investments and acquisitions

SMS Assist has acquired Olympic Support. SMS Assist has not made any investments as of now.

Reports related to SMS Assist

Here is the latest report on SMS Assist's sector:

News related to SMS Assist

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