Rachio Overview

  • Year Founded
  • 2013

Year Founded

  • Status
  • Private

  • Employees
  • 52

Employees

  • Latest Deal Type
  • Later Stage VC

  • Investors
  • 30

Rachio General Information

Description

Developer of a sprinkler control system designed to adjust watering amounts. The company's technology saves watering bills using a laptop or smartphone to schedule watering times, forecasts soil and plant type, and sun exposure and customizes the watering schedule, enabling users to save water and money.

Contact Information

Website
www.rachio.com
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 1400 16th Street
  • Suite 400
  • Denver, CO 80202
  • United States
+1 (844)
Primary Industry
Electronics (B2C)
Other Industries
Application Software
Vertical(s)
Impact Investing, E-Commerce, TMT, Mobile
Corporate Office
  • 1400 16th Street
  • Suite 400
  • Denver, CO 80202
  • United States
+1 (844)

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Rachio Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
11. Later Stage VC 01-Sep-2024 Completed Generating Revenue
10. Secondary Transaction - Private Completed Generating Revenue
9. Debt - PPP 11-Apr-2020 Completed Generating Revenue
8. Later Stage VC (Series B) 11-May-2018 Completed Generating Revenue
7. Early Stage VC (Series A) 12-Nov-2015 Completed Generating Revenue
6. Debt - General 10-Apr-2015 Completed Generating Revenue
5. Grant 28-Jan-2015 Completed Generating Revenue
4. Seed Round 31-Dec-2014 Completed Generating Revenue
3. Grant 27-Dec-2014 $65K Completed Generating Revenue
2. Debt - General 22-May-2014 Completed Generating Revenue
To view Rachio’s complete valuation and funding history, request access »

Rachio Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate ($) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Series B
Series A
Seed 5,319,293 $0.000100 $0.04 $0.7 $0.7 1x $0.7 19.49%
To view Rachio’s complete cap table history, request access »

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Rachio Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a sprinkler control system designed to adjust watering amounts. The company's technology saves watering bil
Electronics (B2C)
Denver, CO
52 As of 2023

American Fork, UT

San Marcos, CA
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Rachio Competitors (3)

One of Rachio’s 3 competitors is Skydrop, a Corporation company based in American Fork, UT.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Skydrop Corporation American Fork, UT
Hydrawise Corporate Backed or Acquired San Marcos, CA
Orbit Irrigation Formerly PE-Backed Bountiful, UT
You’re viewing 3 of 3 competitors. Get the full list »

Rachio Patents

  • 54

    Total Documents Applications and Grants

  • Total Patents Families

  • 47

    Granted

  • 5

    Pending

  • Expiring in next 12 mo

Rachio Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20240306281-A1 Smart adapter for outdoor lighting systems Pending 06-Mar-2023
US-20230408995-A1 Proximity based controller access Pending 21-Jun-2022
US-20220046871-A1 Selective application of consumables via irrigation systems Active 12-Aug-2020
US-11856900-B2 Selective application of consumables via irrigation systems Active 12-Aug-2020
US-20240099207-A1 Method to deliver treatment and enhance residential yard Pending 12-Aug-2020 A01G25/167
To view Rachio’s complete patent history, request access »

Rachio Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

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Rachio Investors (30)

Investor Name Investor Type Holding Investor Since Participating Rounds
Forefront Venture Partners Venture Capital Minority
BLH Venture Partners Venture Capital Minority
Bonaventure Capital Venture Capital Minority
Eastside Partners Growth/Expansion Minority
Angel (individual) Minority
You’re viewing 5 of 30 investors. Get the full list »

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Rachio FAQs

  • When was Rachio founded?

    Rachio was founded in 2013.

  • Where is Rachio headquartered?

    Rachio is headquartered in Denver, CO.

  • What is the size of Rachio?

    Rachio has 52 total employees.

  • What industry is Rachio in?

    Rachio’s primary industry is Electronics (B2C).

  • Is Rachio a private or public company?

    Rachio is a Private company.

  • What is Rachio’s current revenue?

    The current revenue for Rachio is .

  • How much funding has Rachio raised over time?

    Rachio has raised $21M.

  • Who are Rachio’s investors?

    Forefront Venture Partners, BLH Venture Partners, Bonaventure Capital, Eastside Partners, and are 5 of 30 investors who have invested in Rachio.

  • Who are Rachio’s competitors?

    Skydrop, Hydrawise, and Orbit Irrigation are competitors of Rachio.

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