About Facility Management Tech sector in United States
The Facility Management Tech sector in United States comprises 3.26K companies, including 949 funded companies having collectively raised $22B in venture capital money and private equity. Out of these, 591 are Series A+ funded, and 7 have achieved unicorn status.
Facility Management Tech sector in United States has seen 348 acquisitions and 37 IPOs. This represents almost 11.8% of all such companies - which is higher than the 4.5% exit rate of tech companies in general.
This sector includes companies which provide technology solutions for organizations to manage and maintain their assets (including buildings, spaces, occupants) through efficient planning, execution, and reporting of all facility processes. Companies that provide tech enabled office management services (such as cleaning, repairing, plumbing, painting, hiring security, etc) and office supplies.
Facility Management Tech sector is also known as Facility Management Software (FMS).
The feed includes software solutions for facility managers to plan, execute, and monitor activities in Space and Move Management, Maintenance Management, Building Energy Management, Real Estate Portfolio, and Lease Management. In addition, includes companies providing facilities management software for schools/colleges, recreational facilities, and other institutions. Also, companies that provide tech enabled office management services (such as cleaning, repairing, plumbing, painting, hiring security, etc) and office supplies. Excludes companies providing Facility management contracts and outsourcing service providers such as Avon Facility Management Services, ISS Facility Services, and others. Excludes companies providing resellers, consulting & advisory services. Also, pure hardware manufacturers are excluded from the feed.
Top Facility Management Tech Companies in United States
There are 3,261 Facility Management Tech startups in United States which include Envoy, AppFolio, Alarm.com, Metronome, SPAN. Out of these, 949 startups are funded, with 591 having secured Series A+ funding, and 7 achieving unicorn status.
2026 has seen the creation of 17 Facility Management Tech startups in United States. Over the past 10 years, an average of 91 new companies have been launched annually. Notably, several of these startups have been founded by alumni of Stanford University, Massachusetts Institute of Technology and Harvard University.
Here is the list of top Facility Management Tech startups in United States
1. Envoy
SaaS-driven workplace and office management solutions for facility managers. Its solutions include visitor management, desk and room booking, delivery management, etc.
Key facts about Envoy
- Founded Year: 2013
- Location: San Francisco (United States)
- Stage: Series C
- Total Funding till date: $170M
- Investors: Brookfield Asset Management, Menlo Ventures and 19 Others
- Latest Funding Round: Series C, Jan 11, 2022, $*****
- Tracxn Score: 76/100 What is this?
- Competitors Rank: 1 of 215 Competitors
2. AppFolio
SaaS-driven property management software for owners and residential property managers. Features include owner communication, resident communication, board member communication and management, built-in marketing tools, lease management, online maintenance, reporting, online payments, utility management, debt collection, custom training, onboarding, support work orders, and accounting.
Key facts about AppFolio
- Founded Year: 2006
- Location: Santa Barbara (United States)
- Stage: Public
- Total Funding till date: $30M
- Investors: Cisco Investments, Headline and 4 Others
- Latest Funding Round: Series B, Aug 18, 2009, $*****
- Tracxn Score: 75/100 What is this?
- Competitors Rank: 2 of 1,744 Competitors
3. Alarm.com
Provider of a cloud-based video intercom and physical security systems. It provides users with connected security and smart home automation systems that use cellular networks and mobile apps to enable customers to manage their homes. The security system has connected video cameras, and door, window, and cabinet sensors, while the home management system has connected thermostats and controllable lighting.
Key facts about Alarm.com
- Founded Year: 2000
- Location: Tysons (United States)
- Stage: Public
- Total Funding till date: $137M
- Investors: TCV
- Latest Funding Round: Post IPO, Jan 14, 2021, $*****
- Tracxn Score: 74/100 What is this?
- Competitors Rank: 10 of 4,294 Competitors
4. Metronome
Usage-based invoice management solutions for small businesses. It features solutions for invoice generation, custom credit pools, cost-basis tracking, tiering, and more. It offers cloud marketplace integrations, and automates order-to-cash with integrations for accounting, quoting, & invoicing platforms.
Key facts about Metronome
- Founded Year: 2020
- Location: San Francisco (United States)
- Stage: Acquired
- Total Funding till date: $128M
- Investors: New Enterprise Associates, Andreessen Horowitz and 17 Others
- Latest Funding Round: Series C, Feb 25, 2025, $*****
- Tracxn Score: 73/100 What is this?
- Competitors Rank: 2 of 5,719 Competitors
5. SPAN
Smart energy management technology platform that modernizes residential electrical systems. Its solutions replace traditional electrical panels with smart systems that provide homeowners with real-time visibility into household energy usage, circuit-level monitoring, and remote control of appliances and connected devices. It is designed to support modern electrified homes by integrating technologies such as home batteries, electric vehicle chargers, solar systems, HVAC systems, and heat pumps into a centralized energy management ecosystem.
Key facts about SPAN
- Founded Year: 2014
- Location: San Francisco (United States)
- Stage: Series C
- Total Funding till date: $419M
- Investors: Wellington, Fifth Wall and 33 Others
- Latest Funding Round: Series C, Jan 15, 2026, $*****
- Tracxn Score: 72/100 What is this?
- Competitors Rank: 6 of 8,569 Competitors
Companies founded year-on-year in the Facility Management Tech sector in United States
17 new startups have been founded so far in 2026 in the Facility Management Tech sector in United States. 195 Facility Management Tech startups in United States were founded in 2019 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2026 | 17 |
2025 | 5 |
2024 | 15 |
2023 | 38 |
2022 | 59 |
2021 | 78 |
2020 | 165 |
2019 | 195 |
2018 | 185 |
2017 | 153 |
Stage-wise distribution of Facility Management Tech sector companies in United States
Out of the total 3,261 Facility Management Tech companies in United States, 949 have secured funding. Among them, 591 have reached Series A or higher, and 487 to Series B or beyond.
Founded - 3,261
Funded - 949
Series A+ - 591
Series B+ - 487
Series C+ - 433
Company Stage | No. of companies |
|---|---|
Founded | 3,261 |
Funded | 949 |
Series A+ | 591 |
Series B+ | 487 |
Series C+ | 433 |
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Funding Trends in the Facility Management Tech sector in United States
Total funding year-on-year in the Facility Management Tech sector in United States
The Facility Management Tech sector in United States saw a total funding of more than $14.9B in the last 10 years. The most amount of funding was in 2021 at more than $2.63B. There has been a total funding of $1.01B in 2026 till date.
- Total Funding
Year | Total Funding |
|---|---|
2026 | $1.01B |
2025 | $2.05B |
2024 | $2.2B |
2023 | $1.95B |
2022 | $2.05B |
2021 | $2.63B |
2020 | $1.24B |
2019 | $714M |
2018 | $589M |
2017 | $495M |
Recent Funding Rounds in Facility Management Tech in United States
In the year 2026, till July 2026, Facility Management Tech companies in United States have raised $362M in equity funding across 27 rounds.
In the same period last year (i.e. till July 2025), Facility Management Tech companies in United States had raised $503M across 39 rounds.
So, 2026 has seen a 28.1% drop in funding in Facility Management Tech companies in United States as compared to 2025.
Here are some recent, important funding rounds in Facility Management Tech companies in United States:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Series C | 7486 | Jul 14, 2026 | - | |
Seed | 5139 | 2026 | ||
Seed | 3216 | Jun 22, 2026 | - | |
Series C | 9627 | Jun 02, 2026 | ||
Series B | 7242 | Apr 27, 2026 |
Top Investors in Facility Management Tech in United States
OSTI is the top investor in Facility Management Tech companies in United States based on number of companies invested.
Here are some top investors in Facility Management Tech companies in United States:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Oak Ridge (United States) | ||
Arlington (United States) | ||
New York City (United States) | ||
Washington, DC (United States) | ||
Mountain View (United States) |
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M&A activity in Facility Management Tech sector in United States
In the year 2026, till July 2026, 10 acquisitions happened in Facility Management Tech sector in United States. Last year, in 2025, a total of 16 acquisitions happened in Facility Management Tech sector in United States.
Here are some recent, important acquisitions in Facility Management Tech sector in United States:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Jul 20, 2026 | ||
Business Acquisition | Jun 09, 2026 | ||
Business Acquisition | May 28, 2026 | ||
Business Acquisition | Apr 27, 2026 | ||
Business Acquisition | Mar 24, 2026 |
Acquisition trends in Facility Management Tech sector in United States
Here are the acquisition trends in Facility Management Tech sector in United States:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2026 | 10 |
2025 | 16 |
2024 | 11 |
2023 | 23 |
2022 | 31 |
2021 | 43 |
2020 | 21 |
2019 | 41 |
2018 | 29 |
2017 | 25 |
IPOs in Facility Management Tech in United States
In the year 2022, till April 2022, 1 IPO happened in Facility Management Tech sector in United States.
Here are some recent, important IPOs in Facility Management Tech sector in United States:
Company | IPO Date | Exchange Symbol |
|---|---|---|
Apr 01, 2022 | National Association of Securities Dealers Automated Quotations (NASDAQ) | |
Dec 17, 2020 | National Association of Securities Dealers Automated Quotations (NASDAQ) | |
Nov 17, 2020 | New York Stock Exchange (NYSE) | |
Nov 14, 2019 | OTC Markets (OTCMKTS) | |
Aug 05, 2019 | National Association of Securities Dealers Automated Quotations (NASDAQ) |
Colleges which produce the most Facility Management Tech companies in United States
Companies founded by alumni from top colleges in the Facility Management Tech in United States
Most number of Facility Management Tech startups in United States have been founded by alumni from Stanford University, Massachusetts Institute of Technology and Harvard University.
College | No. of companies |
|---|---|
Stanford University | 27 |
Massachusetts Institute of Technology | 23 |
Harvard University | 22 |
University of California (Berkeley) | 21 |
University of Pennsylvania | 19 |
Cornell University | 14 |
University of California (Los Angeles) | 13 |
Harvard Business School | 11 |
University of Chicago | 9 |
Carnegie Mellon University | 8 |
Total funding in Facility Management Tech companies founded by alumni from top colleges in United States
In the last 10 years, University of California (Berkeley) graduates' Facility Management Tech companies in United States have raised the most funding among top colleges. University of California (Los Angeles) alumni are second, and Stanford University alumni are third.
College | Total Funding |
|---|---|
University of California (Berkeley) | $2.24B |
University of California (Los Angeles) | $1.06B |
Stanford University | $725M |
Massachusetts Institute of Technology | $633M |
University of Pennsylvania | $355M |
Harvard University | $301M |
Carnegie Mellon University | $245M |
Columbia University | $223M |
IIT Delhi | $191M |
Stanford Business School | $168M |
Top News in Facility Management Tech in United States
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eMaint Launches First Global Partner Network to Scale Accessibility and Customer ValueGlobeNewswire•Jun 29, 2026•eMaint
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Viridi and Budderfly Partner to Install Fail-Safe Batteries at Commercial FacilitiesUtility Dive•Jun 22, 2026•Budderfly, VIRIDI
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Chicago's MRI Software names Dermot Briody as Chief Revenue Officerrejournals.com•May 15, 2026•MRI Software
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