Facilio, a property operations software platform provider based in New York, has acquired $35 million in Series B funding.
Dragoneer Investment Group led the round, which also included Brookfield Growth, Accel India, and Tiger Global Management.
The money will be used to grow the company’s market leadership, develop sales and marketing, and empower more businesses to succeed through a predictive, linked real estate operations model.
Facilio is an AI-driven property operations platform that allows real estate owners to aggregate building data, optimise performance, and control portfolio operations – all from one place. It was founded four years ago by Prabhu Ramachandran, Rajavel Subramanian, Krishnamoorthi Rangasamy, and Yogendra Babu.