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.
Sectors and market segments that SMS Assist operate in
SMS Assist serves in the Real Estate and Construction Tech, Energy Tech, Environment Tech, Sustainability Tech market segments.The primary business model of SMS Assist are:- Real Estate and Construction Tech > Facility Management Tech > ***** **** > ***** ******
- Real Estate and Construction Tech > Property Management Tech > ***** **** > ***** ******
- Energy Tech > Energy Efficiency Tech > ***** **** > ***** ******
- Environment Tech > Energy Efficiency Tech > ***** **** > ***** ******
- Sustainability Tech > Energy Efficiency Tech > ***** **** > ***** ******
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.
- Website
- smsassist.com
- 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
Investors
Ranked
14th among 1216 active competitors
Employee Count
432 as on May 31, 2026
Investment & Acquisitions
Exit Details
Acquired by Lessen (Jan 12, 2023)
Legal entities associated with SMS Assist
SMS Assist is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
SMS ASSIST, L.L.C. CIN: 364296411 , Belgium, Active | - | 679 (As on Dec 31, 2018) | - |
SMS Assist's acquisition details
Click here to take a look at SMS Assist's acquisition in detail
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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:
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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 | - | - | - |
View details of SMS Assist's funding rounds and investors
SMS Assist's founders and board of directors
Founder? Claim ProfileSMS 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:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Enel X 2001, Boston (United States), Acquired | Developer of utility-scale renewable energy projects | $168M | 75/100 | |
2nd | SPAN 2014, San Francisco (United States), Series C | Smart energy management technology platform that modernizes residential electrical systems | $419M | 73/100 | |
3rd | Savant Systems 2005, Barnstable (United States), Late Stage | App and hub for connected device management | $90M | 71/100 | |
4th | 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 | Resideo 2018, Wilmington (United States), Public | Provider of smart home solutions for security, air, water, and energy | - | 69/100 | |
6th | Happy 2011, Carlsbad (United States), Series B | Provider of centralized maintenance, asset, and property management software solutions | $77.9M | 69/100 | |
7th | WeMaintain 2017, Paris (France), Acquired | Provider of elevator maintenance services | $46.1M | 65/100 | |
8th | Breezeway 2015, Boston (United States), Series B | SaaS-driven inspection management software for property and facility managers | $36.2M | 65/100 | |
9th | Developer of renewable energy assets, battery storage, and digital energy platforms | $528M | 65/100 | ||
10th | Provider of cloud-enabled property automation and access control solutions | $40.7M | 64/100 | ||
14th | SMS Assist 2003, Chicago (United States), Acquired | Provider of SaaS-driven maintenance management solutions for commercial spaces | $255M | 59/100 |
Looking for more details on SMS Assist's competitors? Click here to see the top ones
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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Lessen Acquires SMS Assist, Signaling A New Era for Property Technology and ServicesBusiness Wire•Jan 12, 2023•Lessen, SMS Assist, Fenwick, Katten and 1 other
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Applied Systems Appoints Graham Blackwell as Chief Financial OfficerGlobeNewswire•Sep 11, 2020•Applied, SMS Assist
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SMS Assist Hires Tina McNulty as Chief Marketing OfficerBusiness Wire•Jan 28, 2020•SMS Assist, Continuum
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SMS Assist Named to Forbes Cloud 100 for Fourth Consecutive YearBusiness Wire•Sep 11, 2019•SMS Assist
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Proptech Leader SMS Assist Hires Adam Love as President of Residential DivisionBusiness Wire•Sep 04, 2019•SMS Assist
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SMS Assist Names Longtime Leader Marc Shiffman Chief Executive OfficerBusiness Wire•Apr 29, 2019•SMS Assist
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SMS Assist Hires 100th Naperville Employee, Plans Further GrowthBusiness Wire•Mar 26, 2019•SMS Assist
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SMS Assist Hires Graham Blackwell as Chief Strategy and Revenue OfficerBusiness Wire•Mar 21, 2019•SMS Assist
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