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Facilio raises $6.4M seed round

Seeks to use technology to simplify management of properties

Facilio Team (Credit: Facilio)

Startup Facilio has raised $6.4 million in a Series A round led by Tiger Global and Accel. 

What they do: The company’s software allows landlords to keep track of regular maintenance, air conditioning systems, elevators, which helps lower a property’s energy consumption, according to TechCrunch.

Worth Noting; The global market for software and IT services in buildings is currently around $8 billion per year, and is expected to continue to increase.

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