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Company profile: Functional Devices

1.1 - Company Overview

Functional Devices Logo

Functional Devices

Headquarter: United States
Founded: 20XX🔒
Employees: 100-500🔒

Company description

  • Provider of relays, current sensors, AC and DC power supplies, transformers, enclosures, and wireless devices for HVAC, building automation, lighting control, and energy management applications.

Products and services

  • AC and DC Power Supplies: Functional Devices produces AC and DC Power Supplies that deliver AC or DC power to devices and systems in HVAC, building and lighting controls, and energy management, industrial-grade
  • RIB Relays: Functional Devices engineers RIB Relays used across building automation, HVAC, and lighting control applications within HVAC, building and lighting controls industries, modular
  • Current Sensors: Functional Devices architects Current Sensors that measure and monitor electrical current in various systems for HVAC, building and lighting controls, and energy management applications, custom-engineered

Key contacts

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Financial details

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1.2 - Competitors and similar companies to Functional Devices

Ravti Logo

Ravti

HQ: United States Website
  • Description: Provider of a software-driven HVAC management platform for commercial real estate, attempting to save 18-40% on each HVAC replacement.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Ravti company profile →
Cityworks Logo

Cityworks

HQ: United States Website
  • Description: Provider of a platform that combines GIS with asset management, permitting, and licensing to help agencies manage, track, and analyze public infrastructure and property assets, recognizing the geodatabase as an authoritative system of record.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Cityworks company profile →
Kode Labs Logo

Kode Labs

HQ: United States Website
  • Description: Provider of a vendor-agnostic building management platform, delivering KODE OS for real-time data, predictive analytics, and automated control to optimize operations and energy efficiency, plus smart commissioning, energy management tools and services, team collaboration enhancements, portfolio-level insights across properties, and an API integration library with 130+ system integrations.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Kode Labs company profile →
Big Sky Technologies Logo

Big Sky Technologies

HQ: United States Website
  • Description: Provider of web and mobile based Facility Management and Store Operations software for Retailers and Restaurants.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Big Sky Technologies company profile →
Envoy Logo

Envoy

HQ: United States Website
  • Description: Provider of workplace experience products that transform modern offices, making work more meaningful. Offers solutions that redefine how offices interact with visitors and manage deliveries, deployed across over 13,000 locations worldwide.
  • Rationale: This competitor operates in a highly similar market segment with overlapping features.
  • Company type: Private company
  • Employees: ●●●●●
  • Total funding raised: $●●●m
  • Backers: ●●●●●●●●●●
  • Acquisitions: ●●
View full Envoy company profile →
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2.M&A buyers

2.1 Potential strategic acquirers in the sector

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2.2 - Strategic buyer groups for Functional Devices

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Buyer group 1: ████████ ████████

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Description: ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████
Key Products: ████████, ████████, ████████, ████████
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Buyer group 2: ████████ ████████

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Description: ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████
Key Products: ████████, ████████, ████████, ████████
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Buyer group 3: ████████ ████████

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Description: ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████ ████████
Key Products: ████████, ████████, ████████, ████████
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3. Investors and private equity firms

3.1 - Buyout funds investing in similar companies to Functional Devices

2.2 - Growth funds investing in similar companies to Functional Devices

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4 - Top valuation comps for Functional Devices

4.2 - Public trading comparable groups for Functional Devices

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4.3 - M&A Transactions similar to Functional Devices

Selected M&A transactions

Date Target Description Buyer(s) Relevance EV EV/Revenue EV/EBITDA
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Frequently Asked Questions

About Functional Devices

What does Functional Devices do?

Functional Devices is a provider of relays, current sensors, AC and DC power supplies, transformers, enclosures, and wireless devices for HVAC, building automation, lighting control, and energy management applications.

Who are Functional Devices's competitors?

Functional Devices's competitors and similar companies include Ravti, Cityworks, Kode Labs, Big Sky Technologies, and Envoy.

Where is Functional Devices headquartered?

Functional Devices is headquartered in United States.

How many employees does Functional Devices have?

Functional Devices has 1,000 employees 🔒.

When was Functional Devices founded?

Functional Devices was founded in 2010 🔒.

What sector and industry vertical is Functional Devices in?

Functional Devices is in the Enterprise Software 🔒 sector and industry

M&A Buyers & Acquirers for Functional Devices

Who are the top strategic acquirers in Functional Devices's sector and industry

Top strategic M&A buyers and acquirers in Functional Devices's sector include ████████, ██████████, ██████, ████████, and ██████████ 🔒.

Which M&A buyer groups are most relevant for Functional Devices?

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Financial Investors investing in Functional Devices's sector and industry vertical

Which are the top PE firms investing in Functional Devices's sector and industry vertical?

Top PE firms investing in Functional Devices's sector and industry vertical include ████████, ██████████, ████████, and ██████████ 🔒.

Who are the top buyout funds acquiring in Functional Devices's sector and industry vertical?

Active PE funds and buyout funds acquiring companies in Functional Devices's sector and industry vertical include █████████, ██████████, ████████████, and ████████████ 🔒.

Who are the top growth equity funds investing in companies in Functional Devices's sector and industry vertical?

Growth funds and venture capital funds investing in companies similar to Functional Devices include █████████, ██████████, ████████████, and ████████████ 🔒.

Valuation benchmarks of companies in Functional Devices's sector and industry

Which are the key public companies that are relevant trading comps benchmarks for Functional Devices?

The key public trading comparables and valuation benchmarks for Functional Devices include █████████, ██████████, ████████████, and ████████████ 🔒.

Which are the key trading comparable groups for Functional Devices for public valuation benchmarks?

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What are recent M&A transactions in Functional Devices's sector and industry vertical?

Our platform tracks relevant M&A transactions comparables and valuation benchmarks for Functional Devices with complete deal terms, valuation multiples, and strategic rationale. Access the full database to benchmark pricing and identify active acquirers.

What are recent capital raises and funding rounds in Functional Devices's' sector and industry vertical?

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