Rachio, Inc.

Rachio, Inc.

Rachio, Inc.

Overview
Date Founded

2012

Headquarters

2040 Larimer Street,Denver, CO 80205

Type of Company

Private

Employees (Worldwide)

51 - 100

Industries

Computer Software
Internet Software & Services
Holding Companies
Appliances & Electronics
Alternative Energy
Retail: Home Improvement
Waste Management & Recycling
Power & Utilities

Company Description

Rachio, Inc. provides water sprinkler controller technology solutions. Its mobile application enables homeowners to activate and deactivate water sprinklers even when they are not at home. The company was founded by Franz Garsombke and Chris Klein and is headquartered in Denver, CO.

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Executives & Employees

Co-Founder

Chief Executive Officer & Director

Chief Financial Officer

Chief Marketing Officer

Chief Revenue Officer

Vice President Customer Success

Lead UX Researcher

Firmware Engineer

Board of Directors

Executive Chairman at BetterCloud, Inc.

Co-Founder at Arborview Capital LLC

Co-Founder at Miramar Venture Partners

Director of Sales at WiSys LLC

Co-Founder at Rachio, Inc.

Chief Executive Officer & Director at Rachio, Inc.

Professional at Miramar Venture Partners

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Rachio, Inc.
Recent Transactions
Details Hidden

Rachio, Inc. raised money in a private placement transaction

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Rachio, Inc. raised money in a private placement transaction

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Rachio, Inc. raised money in a private placement transaction

Non-Profit Donations & Grants
$7,500 - $10K
2018
Investors
Details Hidden

Amazon (Venture Capital) seeks investment opportunities in fuel voice technology innovation companies located in across the globe. The firm targets companies operating in the fields of artificial intelligence, voice technology, frontier tech, robotics, digital health and IoT across consumer, enterprise, healthcare and other sectors. They provides financing for seed, early and later stage capital requirements. It acts as a co-investor.The firm also seeks investment opportunities in companies located across the globe creating products, services and technologies to protect the planet. The firm targets companies operating in the fields of multiple industrial sectors such as transportation & logistics, energy generation, storage & utilization, manufacturing & materials, circular economy and food & agriculture.

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Eastside Partners invests in fast growing companies in the financial services, healthcare information and information technology sectors. The firm focuses on the highest growth industries within these sectors. They look for companies with market acceptance that are seeking capital to accelerate growth. The firm makes early- and expansion stage investments in companies with revenues of $2 million to $20 million and strong growth prospects. Eastside Partners also seeks companies with growth in revenues and/or cash flow greater than 25%. Companies should also have experienced management teams and attractive revenue models with a history of existing sales from multiple companies.Eastside Partners invests mainly in the Southeastern US, but they will consider attractive opportunities outside this region. Investments range from $2 million to $6 million in one or more investment rounds. The firm may invest up to $10 million or more with partners or co-investors. Eastside Partners typically makes minority investments. Funds are used for expansion capital, recapitalizations, later-stage shareholder liquidity and acquisitions. Deals may be structured as common stock, preferred equity or convertible debt.

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Bonaventure Capital invests in technology based companies located in the US. The firm provides financing for early and growth stage companies.

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