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Accruent
Accruent, LLC provides commercial real estate advisory services
About Accruent
Accruent is a leading provider of business office management software, serving over 10,000 customers worldwide. The company specializes in helping organizations manage their physical resources, such as buildings, equipment, and other assets, to improve efficiency and achieve their goals. Accruent operates in various markets, including healthcare, higher education, and industrial sectors like metals and mining.
Accruent's software solutions cover a wide range of needs. For healthcare, they offer tools for biomed and clinical engineering, facilities management, and supply chain management. In higher education, their space scheduling software helps institutions better utilize campus resources. They also provide event management solutions to streamline workplace and campus events.
One of Accruent's standout features is its use of Internet of Things (IoT) technology for remote monitoring. This allows organizations to ensure their equipment and assets are performing optimally. Additionally, their data insights tools help hospitals and other facilities plan and manage their assets more effectively.
Accruent's business model is primarily subscription-based, meaning clients pay a regular fee to use their software. This model ensures a steady revenue stream and allows the company to continually update and improve its offerings. They also provide professional services, leveraging their industry expertise to help clients achieve long-term success.
In summary, Accruent makes money by offering comprehensive software solutions that help organizations manage their physical resources more efficiently. Their clients span various industries, and they provide both the technology and the expertise needed to optimize operations.
Source: Dealroom company dataAt a glance
- Status
- Acquired
- Founded
- 1995
- Headquarters
- Santa Monica, United States
- Employees
- 1,041
- Open positions
- 39
- Dealroom signal
- 67.7/100
- Industry
- Real Estate, Enterprise Software
- Sub-industry
- Real Estate Software
- Sector
- Other B2B Software, Human Resources, Intellectual Property, Recruitment, Asset Management, Real Estate Management, Patient Care, Commerce, Verified Unicorns and $1B Exits
- Business model
- SaaS
- Client focus
- b2c
- Investment activity
- 12 companies, latest Jan 2024
- Capital deployed
- —
- Preferred round
- ACQUISITION
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITIONOther financing | Jul 2018 | $2B | $2B | Fortive | ↗ |
| ACQUISITIONOther financing | May 2016 | $0 | — | Genstar Capital | — |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Accruent is 140K monthly website visits, down 6.7% over the last three months. Accruent's team declined 6% over the past year.
Open positions
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A4 investors entered at this stage
- ICInnoCal Venture Capital
Red Rock Ventures
Marcus and Millichap
Pequot Capital Management
Series B and later4 investors entered at this stage
Sierra Ventures- CTConstellation Real Technologies
TA Associates
Vista Equity Partners
Other known investors2 additional known investors
Fortive
Genstar Capital
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Accruent on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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