After a decade-long stint in SaaS, having built enterprise-grade IoT-led SaaS products for large telecom companies, the Facilio founders’ ‘eureka’ moment came in 2017 when they spotted a significant gap in the built environment industry - facility managers were stuck in the past, still using clunky, on-prem systems to run their buildings. ​​The last biggest disruption in buildings took place 20 years ago, with hardware advancements outpacing software development.

What the real estate industry needed was a game-changing cloud solution that could supercharge building efficiencies and transform the way facilities were managed. The aim was to bring in the same kind of disruption that ServiceNow did to ITSM and Salesforce to CRM. Thus Prabhu, Raj, Krishna, and Yoge embarked on a shared vision to make buildings operationally efficient with a software-first approach.

Amid a global pandemic and economic challenges, Facilio stood resilient, emerging as pioneers in proptech. Today, Facilio is trusted by some of the largest real estate brands across the globe , who use our software platform to transform their buildings portfolios into beacons of efficiency, sustainability, and productivity.